Town Centre Securities Cash Flow Statement

Financials in millions GBP. Fiscal year is July - June.

Millions GBP. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2020
Period Ending	Dec '24 Dec 31, 2024	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021	Jun '20 Jun 30, 2020	2016 - 2020
Net Income	4.52	-8.01	-29.49	11.01	-0.58	-24.12	Upgrade
Depreciation & Amortization	2.33	2.4	2.58	2.52	2.23	2.35	Upgrade
Other Amortization	0.01	-	0.23	0.25	0.21	0.33	Upgrade
Gain (Loss) on Sale of Assets	-1.01	-0.03	-4.17	-4.56	2.32	-0.17	Upgrade
Gain (Loss) on Sale of Investments	-0.06	-0.22	-0.37	0.09	-	-	Upgrade
Asset Writedown	2.58	11.46	32.49	-3.11	0.05	25.61	Upgrade
Income (Loss) on Equity Investments	-0.36	2.18	4.07	-1.32	-2.46	-0.45	Upgrade
Change in Accounts Receivable	-0.2	-0.73	-0.22	1.08	-2.68	1.1	Upgrade
Change in Other Net Operating Assets	1.57	0.7	2.36	-1.67	-0.92	0.83	Upgrade
Other Operating Activities	-1.3	-1.16	0.56	0.54	-0.45	1.31	Upgrade
Operating Cash Flow	8.09	6.6	8.04	4.85	-2.28	6.79	Upgrade
Operating Cash Flow Growth	42.72%	-17.85%	65.70%	-	-	98.86%	Upgrade
Acquisition of Real Estate Assets	-5.4	-4.55	-9.25	-9.33	-2.84	-7.17	Upgrade
Sale of Real Estate Assets	6.72	6.85	62.92	20.68	48.05	2.49	Upgrade
Net Sale / Acq. of Real Estate Assets	1.32	2.3	53.67	11.34	45.21	-4.68	Upgrade
Cash Acquisition	-	-	0.89	-0.29	-0.87	-	Upgrade
Investment in Marketable & Equity Securities	-1.49	-0.05	-3.5	-0.33	-0.26	-0.15	Upgrade
Other Investing Activities	-	-	-	-	-	0.09	Upgrade
Investing Cash Flow	-0.17	2.24	51.06	10.72	44.08	-4.74	Upgrade
Long-Term Debt Issued	-	9.75	16	6.4	4	8	Upgrade
Long-Term Debt Repaid	-	-4.75	-61.9	-20.29	-45.75	-1.65	Upgrade
Net Debt Issued (Repaid)	-1.41	5	-45.9	-13.89	-41.75	6.35	Upgrade
Repurchase of Common Stock	-	-9.44	-7.89	-0.89	-	-	Upgrade
Common Dividends Paid	-4.21	-4.21	-2.42	-2.24	-1.86	-6.25	Upgrade
Other Financing Activities	-0.47	-0.42	-	-0.38	-	-	Upgrade
Net Cash Flow	1.83	-0.23	2.88	-1.82	-1.8	2.15	Upgrade
Cash Interest Paid	6.22	6	6.15	6.84	6.92	7.65	Upgrade
Levered Free Cash Flow	4.66	4.33	44.61	-30.96	17.86	-16.51	Upgrade
Unlevered Free Cash Flow	9.29	8.83	48.96	-26.34	22.74	-11.2	Upgrade
Change in Working Capital	1.38	-0.03	2.14	-0.58	-3.6	1.93	Upgrade

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