QinetiQ Group Cash Flow Statement

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

Millions GBP. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	107.5	-185.7	139.6	154.4	90
Depreciation & Amortization	119.6	110.5	90.7	74.6	62.3
Stock-Based Compensation	11.5	9.8	9.4	6.1	7.4
Other Adjustments	70.9	304.6	44.6	13.2	33.4
Change in Receivables	-4.9	56.3	-10	-55.7	-13
Changes in Inventories	-3.2	16.5	-21.4	-9.6	1.4
Changes in Accounts Payable	-7.4	-23	41.2	58.6	33.6
Changes in Other Operating Activities	-59.8	-65.4	-51	-34.6	-26.4
Operating Cash Flow	231.8	221.3	243.1	206	188.7
Operating Cash Flow Growth	4.75%	-8.97%	18.01%	9.17%	3.91%
Capital Expenditures	-59.6	-96.1	-85.4	-95.2	-62.9
Sale of Property, Plant & Equipment	-	108.9	2.3	2.4	1.5
Purchases of Intangible Assets	-12.9	-12.7	-10.9	-13.8	-21.4
Proceeds from Sale of Investments	-	0.3	-	-	2
Cash Acquisitions	-	-	-5.1	-385.9	-0.8
Proceeds from Business Divestments	17.9	-	-	28.1	-
Investing Cash Flow	-54.6	0.4	-99.1	-464.4	-81.6
Long-Term Debt Issued	-	-	-	481.1	-
Long-Term Debt Repaid	-	-	-	-257.9	-
Net Long-Term Debt Issued (Repaid)	-	-	-	223.2	-
Repurchase of Common Stock	-146.9	-108.9	-17.1	-0.8	-0.8
Net Common Stock Issued (Repurchased)	-146.9	-108.9	-17.1	-0.8	-0.8
Common Dividends Paid	-48.7	-47.9	-45.6	-42.6	-40.2
Other Financing Activities	-12.6	-1.6	-0.5	-20.1	-9.4
Financing Cash Flow	-208.2	-158.4	-63.2	159.7	-50.4
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-0.4	-3.7	-1	1.8	1.3
Net Cash Flow	-31	63.3	80.8	-98.7	56.7