Rathbones Group Cash Flow Statement

Financials in millions GBP. Fiscal year is January - December.

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	112.3	65.5	37.5	49	75.23
Depreciation & Amortization	62.8	73.1	36.9	29.9	24.84
Other Amortization	4.4	7.3	5.6	5.1	6.44
Loss (Gain) From Sale of Assets	-	0.1	-	-	-
Asset Writedown & Restructuring Costs	-	-	4.6	-	-
Loss (Gain) From Sale of Investments	-	-	-1	0.3	-0.67
Stock-Based Compensation	27.5	29.1	24	25.9	20.13
Other Operating Activities	-0.5	-7.5	-7.4	-17.3	-8.15
Change in Accounts Receivable	38.8	37.4	133.3	3.9	20.62
Change in Accounts Payable	-34.8	-38.5	-123.6	9.8	-35.34
Change in Other Net Operating Assets	855.7	127.1	-199.3	186.3	-272.13
Operating Cash Flow	1,066	293.6	-89.4	292.9	-169.01
Operating Cash Flow Growth	263.15%	-	-	-	-
Capital Expenditures	-8.8	-56.6	-10.7	-13.1	-12.7
Cash Acquisitions	-	-	172.6	-10.9	-79.74
Investment in Securities	-589.1	18.6	-241.8	-278.1	-110.6
Investing Cash Flow	-597.9	-38	-79.9	-302.1	-203.03
Long-Term Debt Issued	-	-	-	-	39.89
Long-Term Debt Repaid	-7	-20.9	-7.5	-8.5	-70.43
Net Debt Issued (Repaid)	-7	-20.9	-7.5	-8.5	-30.54
Issuance of Common Stock	6.9	5.6	-	9.3	59.47
Repurchase of Common Stock	-55	-22	-16	-18.6	-15.13
Common Dividends Paid	-98.4	-56.9	-71.4	-48.6	-43.96
Other Financing Activities	-5.3	-5.1	-5.6	-5.3	-0.9
Financing Cash Flow	-158.8	-99.3	-100.5	-71.7	-31.06
Net Cash Flow	309.5	156.3	-269.8	-80.9	-403.1
Free Cash Flow	1,057	237	-100.1	279.8	-181.71
Free Cash Flow Growth	346.16%	-	-	-	-
Free Cash Flow Margin	103.80%	24.11%	-14.80%	55.01%	-38.98%
Free Cash Flow Per Share	9.85	2.19	-1.35	4.66	-3.12
Cash Interest Paid	74.8	84.9	73.3	26.2	4.1
Cash Income Tax Paid	52.1	41.8	29.5	17.6	27.21
Levered Free Cash Flow	169.19	147.48	-51.51	85.9	114.01
Unlevered Free Cash Flow	214.88	199.91	-3.33	103.4	116.4
Change in Working Capital	859.7	126	-189.6	200	-286.84

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