Puma Alpha VCT Cash Flow Statement

Financials in millions GBP. Fiscal year is March - February.

Millions GBP. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020
Period Ending	Aug '25 Aug 31, 2025	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '21 Feb 28, 2021	2020
Net Income	-3.7	-1.77	-4.13	-0.39	3.03	1.64	Upgrade
Loss (Gain) From Sale of Investments	2.79	0.98	3.38	-0.32	-4.05	-1.95	Upgrade
Change in Accounts Receivable	-0.2	-2.24	-0.1	-0.06	-0.1	-0.02	Upgrade
Change in Accounts Payable	-0.01	0.94	0.04	-0.47	0.62	-0.01	Upgrade
Operating Cash Flow	-1.12	-2.09	-0.8	-1.24	-0.49	-0.34	Upgrade
Investment in Securities	-2.06	-3.53	-8.99	-4.11	-3.73	-4.92	Upgrade
Investing Cash Flow	-2.06	-3.53	-8.99	-4.11	-3.73	-4.92	Upgrade
Issuance of Common Stock	8.06	5.92	9.25	7.48	4.28	5.16	Upgrade
Repurchase of Common Stock	-0.91	-0.03	-	-	-	-	Upgrade
Common Dividends Paid	-0.93	-0.93	-1.25	-	-	-	Upgrade
Other Financing Activities	0.02	1.22	0.1	0.23	-0.14	-0.29	Upgrade
Financing Cash Flow	6.24	6.18	8.1	7.7	4.14	4.86	Upgrade
Net Cash Flow	3.06	0.56	-1.69	2.36	-0.08	-0.4	Upgrade
Levered Free Cash Flow	-2.25	-1.01	-2.24	-0.35	2.42	1.42	Upgrade
Unlevered Free Cash Flow	-2.25	-1.01	-2.24	-0.35	2.42	1.42	Upgrade
Change in Working Capital	-0.21	-1.29	-0.06	-0.53	0.53	-0.03	Upgrade

Source: S&P Global Market Intelligence. Standard template. Financial Sources.