Spirax 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	226.5	258.9	244.5	308.1	314.5
Depreciation & Amortization	102.2	103.7	112.7	81	69
Stock-Based Compensation	6.4	3.1	6.1	8.9	9.2
Other Adjustments	45.6	22.6	35.2	25	-1.7
Change in Receivables	-26	-34.5	12.6	-56.3	-71.3
Changes in Inventories	-6.1	21.9	-13.1	-58.3	-26.7
Changes in Accounts Payable	13.4	16.1	-11.6	23.5	59.5
Changes in Income Taxes Payable	-65.9	-76.5	-90.7	-90	-78.1
Changes in Other Operating Activities	0.1	-2.5	2.9	-0.8	-1
Operating Cash Flow	296.2	312.8	298.6	241.1	273.4
Operating Cash Flow Growth	-5.31%	4.76%	23.85%	-11.81%	5.48%
Capital Expenditures	-47.8	-74.3	-84	-104.3	-52.8
Sale of Property, Plant & Equipment	3.3	9.2	3.1	4	2
Purchases of Intangible Assets	-20.2	-18.5	-21.4	-13.2	-11.3
Payments for Business Acquisitions	-10.6	-0.3	-5.2	-460.3	-
Proceeds from Business Divestments	-	5.6	0.5	-2.8	-
Other Investing Activities	8.7	13	11.3	5.6	3.4
Investing Cash Flow	-66.6	-65.3	-95.7	-571	-58.7
Long-Term Debt Issued	-	76.8	192.8	1,009	-
Long-Term Debt Repaid	-37.5	-103	-221.1	-511.1	-77.5
Net Long-Term Debt Issued (Repaid)	-37.5	-26.2	-28.3	497.7	-77.5
Issuance of Common Stock	0.3	1.9	2	1.8	1.5
Repurchase of Common Stock	-	-	-12.8	-20.8	-26.1
Net Common Stock Issued (Repurchased)	0.3	1.9	-10.8	-19	-24.6
Common Dividends Paid	-122.8	-119.3	-114.9	-103.6	-91
Other Financing Activities	-63.3	-71.4	-65.2	-28.4	-20.2
Financing Cash Flow	-223.3	-215	-219.2	346.7	-213.3
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-0.5	-11.4	-14.7	8	-6.4
Net Cash Flow	6.3	32.5	-16.3	16.8	1.4
Free Cash Flow	248.4	238.5	214.6	136.8	220.6
Free Cash Flow Growth	4.15%	11.14%	56.87%	-37.99%	1.57%
FCF Margin	14.59%	14.32%	12.75%	8.49%	16.41%
Free Cash Flow Per Share	3.36	3.23	2.91	1.85	2.99
Levered Free Cash Flow	121.8	153.4	71.5	573.5	127
Unlevered Free Cash Flow	187.6	213.59	130.23	83.91	209.58

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.