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	Jan '24 Jan 1, 2024	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	470	392	474	279.53	356.12
Depreciation & Amortization	516	566	559	438.58	379.14
Other Amortization	47	46	32	26.51	23.02
Asset Writedown & Restructuring Costs	-	36	-	9.64	-
Other Operating Activities	-199	-19	-45	-27.71	-21.66
Change in Accounts Receivable	-20	-48	-36	6.02	79.89
Change in Inventory	-27	-15	-18	-4.82	-4.06
Change in Accounts Payable	162	-129	-76	7.23	-43.33
Change in Other Net Operating Assets	-51	-18	-24	-12.05	-6.77
Operating Cash Flow	972	868	916	722.94	762.34
Operating Cash Flow Growth	11.98%	-5.24%	26.71%	-5.17%	1.89%
Capital Expenditures	-208	-219	-207	-184.35	-173.32
Sale of Property, Plant & Equipment	20	5	17	6.02	9.48
Cash Acquisitions	-121	-219	-298	-1,227	-626.93
Divestitures	391	-	-	1.2	-
Sale (Purchase) of Intangibles	-61	-56	-55	-44.58	-43.33
Investment in Securities	-	-1	24	1.2	231.54
Other Investing Activities	5	14	5	4.82	5.42
Investing Cash Flow	26	-476	-514	-1,442	-597.14
Long-Term Debt Issued	1,232	-	-	2,871	6.77
Long-Term Debt Repaid	-892	-649	-195	-1,142	-345.29
Net Debt Issued (Repaid)	340	-649	-195	1,729	-338.51
Common Dividends Paid	-304	-292	-252	-147	-188.21
Other Financing Activities	-9	-11	-4	12.05	-37.91
Financing Cash Flow	27	-952	-451	1,594	-564.64
Foreign Exchange Rate Adjustments	97	-35	47	-107.24	-18.96
Net Cash Flow	1,122	-595	-2	767.52	-418.4
Free Cash Flow	764	649	709	538.59	589.02
Free Cash Flow Growth	17.72%	-8.46%	31.64%	-8.56%	3.21%
Free Cash Flow Margin	11.06%	9.81%	11.10%	12.04%	14.71%
Free Cash Flow Per Share	0.30	0.26	0.28	0.27	0.32
Cash Interest Paid	255	229	237	62.65	56.87
Cash Income Tax Paid	104	111	124	92.78	93.43
Levered Free Cash Flow	828	630.75	600.6	706.07	298.57
Unlevered Free Cash Flow	976.13	773.88	734.35	761.79	327.34
Change in Working Capital	64	-210	-154	-3.61	25.73

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