SEGRO 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	663	703	-180	-1,694	4,477
Depreciation & Amortization	17	12	6	4	5
Other Adjustments	-231	-355	591	1,928	-4,141
Change in Receivables	-47	-18	-22	-6	-33
Changes in Inventories	5	-3	33	33	12
Changes in Accounts Payable	14	8	27	43	24
Changes in Income Taxes Payable	-25	-17	-24	-95	-17
Operating Cash Flow	396	330	431	213	327
Operating Cash Flow Growth	20.00%	-23.43%	102.35%	-34.86%	40.34%
Capital Expenditures	-478	-1,028	-871	-1,487	-1,721
Sale of Property, Plant & Equipment	45	634	352	310	491
Purchases of Investments	-8	-5	-14	-115	-78
Proceeds from Sale of Investments	39	30	7	37	35
Investing Cash Flow	-402	-369	-526	-1,255	-1,273
Long-Term Debt Issued	268	419	961	2,752	1,214
Long-Term Debt Repaid	-88	-999	-444	-1,421	-140
Net Long-Term Debt Issued (Repaid)	180	-580	517	1,331	1,074
Issuance of Common Stock	-	889	1	-	1
Repurchase of Common Stock	-4	-5	-4	-4	-3
Net Common Stock Issued (Repurchased)	-4	884	-3	-4	-2
Common Dividends Paid	-405	-277	-185	-222	-180
Other Financing Activities	-17	-1	-20	13	26
Financing Cash Flow	-246	26	309	1,118	918
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-	-	-	1	-
Net Cash Flow	-252	-13	214	76	-28
Free Cash Flow	-82	-698	-440	-1,274	-1,394
Free Cash Flow Growth	-	-	-	-	-
FCF Margin	-11.29%	-103.41%	-58.75%	-190.43%	-255.31%
Free Cash Flow Per Share	-0.06	-0.52	-0.36	-1.06	-1.16
Levered Free Cash Flow	264	-1,014	-565	-2,098	3,437
Unlevered Free Cash Flow	185.34	-371.42	-1,002	-1,113	2,484