Safestore Holdings Plc (LON:SAFE)

Safestore Holdings Cash Flow Statement

Financials in millions GBP. Fiscal year is November - October.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Apr 30, 2025	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021	Oct 31, 2020
Net Income	294.8	372.3	200.2	462.9	382	178
Depreciation & Amortization	1.6	1.5	1.3	1	1	0.9
Other Amortization	1.7	1.6	1.3	0.5	0.4	0.3
Asset Writedown	-220	-292.2	-93.8	-381.6	-321.1	-126.5
Stock-Based Compensation	-0.2	-0.3	2.9	8.6	8.6	4.7
Income (Loss) on Equity Investments	0.1	-	-	0.3	-	-
Change in Accounts Receivable	-3.8	1.2	-1.4	0.1	-5.4	-0.1
Change in Accounts Payable	3	-2.6	-11.2	-0.4	13.6	4.3
Change in Other Net Operating Assets	-0.3	-0.3	0.2	0.3	2.1	-
Other Operating Activities	14.8	14.7	-1.5	17.9	16	14.1
Operating Cash Flow	91.7	95.9	98	109.8	97	75.7
Operating Cash Flow Growth	-14.38%	-2.14%	-10.75%	13.20%	28.14%	13.66%
Acquisition of Real Estate Assets	-121.3	-120.1	-121.9	-96.2	-63.4	-61.2
Sale of Real Estate Assets	-	-	-	7.6	-	0.1
Net Sale / Acq. of Real Estate Assets	-121.3	-120.1	-121.9	-88.6	-63.4	-61.1
Cash Acquisition	-	-	-	-111.5	-	-14.3
Investment in Marketable & Equity Securities	-39.3	-2.5	-2.3	-0.8	-1.9	-2.5
Other Investing Activities	-	-	-	-	-0.9	0.3
Investing Cash Flow	-160.6	-122.6	-124.2	-200.9	-66.2	-77.6
Long-Term Debt Issued	-	173.8	108.4	266.1	196.8	57.5
Long-Term Debt Repaid	-	-71.9	-15.9	-142.4	-160.5	-31.3
Net Debt Issued (Repaid)	138.8	101.9	92.5	123.7	36.3	26.2
Issuance of Common Stock	-	0.7	0.2	0.5	0.7	-
Common Dividends Paid	-66.5	-65.9	-65.9	-56.9	-42.6	-37.7
Other Financing Activities	-1.6	-1.3	-4.5	1.7	-0.7	-0.5
Foreign Exchange Rate Adjustments	1.3	-0.3	-0.1	-0.2	-0.9	0.3
Net Cash Flow	3.1	8.4	-4	-22.3	23.6	-13.6
Cash Interest Paid	36.6	31.2	24.9	16.9	14.1	14.7
Cash Income Tax Paid	4.6	6.1	5.5	5.6	5.4	5.3
Levered Free Cash Flow	67.45	69.06	67.4	63.29	93.16	54.61
Unlevered Free Cash Flow	84.88	84.53	79.66	73.66	102.33	64.19
Change in Working Capital	-1.1	-1.7	-12.4	0.2	10.1	4.2

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