The PRS REIT Cash Flow Statement

Financials in millions GBP. Fiscal year is July - June.

Millions GBP. Fiscal year is Jul - Jun.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Net Income	77.03	93.68	42.45	115.89	44.11
Other Amortization	2.83	2.82	4.32	3.14	1.94
Asset Writedown	-53.63	-73.41	-25.35	-99.73	-38.98
Change in Accounts Receivable	-1.2	-0.01	-0.58	0.12	-1.81
Change in Accounts Payable	-1.46	-3.12	-1.64	4.8	3.3
Other Operating Activities	17.59	15.22	12.11	7.98	7.65
Operating Cash Flow	41.16	35.18	31.31	32.21	16.21
Operating Cash Flow Growth	17.01%	12.34%	-2.78%	98.66%	-
Acquisition of Real Estate Assets	-6.65	-31.18	-47.46	-81.82	-164.26
Net Sale / Acq. of Real Estate Assets	-6.65	-31.18	-47.46	-81.82	-164.26
Other Investing Activities	0.24	0.19	-10.21	0	-
Investing Cash Flow	-6.41	-31	-57.66	-81.82	-164.26
Long-Term Debt Issued	25.96	151.96	49.8	89.62	233.12
Long-Term Debt Repaid	-15.43	-110.23	-23.3	-100.01	-22.13
Net Debt Issued (Repaid)	10.53	41.73	26.5	-10.39	210.99
Issuance of Common Stock	-	-	-	55.59	-
Common Dividends Paid	-23.07	-21.97	-21.97	-21.43	-24.76
Other Financing Activities	-18.66	-19.08	-13.66	-11.89	-11.06
Net Cash Flow	3.55	4.86	-35.48	-37.73	27.11
Cash Interest Paid	18.66	19.08	13.66	10.81	11.06
Levered Free Cash Flow	17.6	12.86	3.46	19.81	5.71
Unlevered Free Cash Flow	27.68	21.44	9.44	23.62	9.77
Change in Working Capital	-2.66	-3.13	-2.22	4.92	1.49

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.