Rentokil Initial Cash Flow Statement

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

Millions USD. 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	470	384.34	485.3	279.53	356.12
Depreciation & Amortization	516	554.6	557.9	438.58	379.14
Other Amortization	47	42.57	42.03	26.51	23.02
Asset Writedown & Restructuring Costs	-	37.56	5.1	9.64	-
Other Operating Activities	-199	36.31	5.1	-27.71	-21.66
Change in Accounts Receivable	-20	-47.57	-36.94	6.02	79.89
Change in Inventory	-27	-15.02	-19.11	-4.82	-4.06
Change in Accounts Payable	162	-126.44	-76.43	7.23	-43.33
Change in Other Net Operating Assets	-51	-17.53	-24.2	-12.05	-6.77
Operating Cash Flow	972	848.81	938.76	722.94	762.34
Operating Cash Flow Growth	14.51%	-9.58%	29.85%	-5.17%	1.89%
Capital Expenditures	-208	-214.08	-212.72	-184.35	-173.32
Sale of Property, Plant & Equipment	20	5.01	17.83	6.02	9.48
Cash Acquisitions	-121	-215.33	-308.25	-1,227	-626.93
Divestitures	391	-	-	1.2	-
Sale (Purchase) of Intangibles	-61	-55.08	-56.05	-44.58	-43.33
Investment in Securities	-	-1.25	24.2	1.2	231.54
Other Investing Activities	5	13.77	5.1	4.82	5.42
Investing Cash Flow	26	-466.97	-529.88	-1,442	-597.14
Long-Term Debt Issued	1,232	-	-	2,871	6.77
Long-Term Debt Repaid	-892	-643.49	-199.98	-1,142	-345.29
Net Debt Issued (Repaid)	340	-643.49	-199.98	1,729	-338.51
Common Dividends Paid	-304	-286.69	-256.02	-147	-188.21
Other Financing Activities	-9	-11.27	-3.82	12.05	-37.91
Financing Cash Flow	27	-941.45	-459.83	1,594	-564.64
Foreign Exchange Rate Adjustments	97	-16.28	-8.92	-107.24	-18.96
Net Cash Flow	1,122	-575.89	-59.87	767.52	-418.4
Free Cash Flow	764	634.73	726.04	538.59	589.02
Free Cash Flow Growth	20.37%	-12.58%	34.80%	-8.56%	3.21%
Free Cash Flow Margin	11.06%	9.33%	10.61%	12.04%	14.71%
Free Cash Flow Per Share	0.30	0.25	0.29	0.27	0.32
Cash Interest Paid	255	225.35	243.29	62.65	56.87
Cash Income Tax Paid	104	108.92	127.38	92.78	93.43
Levered Free Cash Flow	544.75	674.63	648.82	706.07	298.57
Unlevered Free Cash Flow	692.88	816.25	788.14	761.79	327.34
Change in Working Capital	64	-206.57	-156.67	-3.61	25.73

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.