Town Centre Securities Cash Flow Statement

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

Millions GBP. Fiscal year is Jul - Jun.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Net Income	-3.45	-7.84	-29.49	11.01	-0.58
Depreciation & Amortization	2.28	2.4	2.58	2.52	2.23
Other Amortization	0.27	0.29	0.23	0.25	0.21
Gain (Loss) on Sale of Assets	-1.82	-0.03	-4.17	-4.56	2.32
Gain (Loss) on Sale of Investments	0.09	-0.22	-0.37	0.09	-
Asset Writedown	5.68	13.01	32.49	-3.11	0.05
Income (Loss) on Equity Investments	-1.06	2.18	4.07	-1.32	-2.46
Change in Accounts Receivable	0.19	-0.73	-0.22	1.08	-2.68
Change in Other Net Operating Assets	-2.09	0.7	2.36	-1.67	-0.92
Other Operating Activities	3.14	-3.16	0.56	0.54	-0.45
Operating Cash Flow	3.24	6.6	8.04	4.85	-2.28
Operating Cash Flow Growth	-50.86%	-17.85%	65.70%	-	-
Acquisition of Real Estate Assets	-4.83	-4.55	-9.25	-9.33	-2.84
Sale of Real Estate Assets	0.13	0.19	62.92	20.68	48.05
Net Sale / Acq. of Real Estate Assets	-4.7	-4.36	53.67	11.34	45.21
Cash Acquisition	-0.5	-	0.89	-0.29	-0.87
Investment in Marketable & Equity Securities	3.27	6.6	-3.5	-0.33	-0.26
Investing Cash Flow	-1.93	2.24	51.06	10.72	44.08
Long-Term Debt Issued	-	9.75	16	6.4	4
Long-Term Debt Repaid	-1.88	-4.75	-61.9	-20.29	-45.75
Net Debt Issued (Repaid)	-1.88	5	-45.9	-13.89	-41.75
Repurchase of Common Stock	-	-9.44	-7.89	-0.89	-
Common Dividends Paid	-1.05	-4.21	-2.42	-2.24	-1.86
Other Financing Activities	-0.16	-0.42	-	-0.38	-
Net Cash Flow	-1.78	-0.23	2.88	-1.82	-1.8
Cash Interest Paid	6.19	6	6.15	6.84	6.92
Cash Income Tax Paid	0.06	-	-	-	-
Levered Free Cash Flow	1.01	4.13	44.61	-30.96	17.86
Unlevered Free Cash Flow	5.38	8.43	48.96	-26.34	22.74
Change in Working Capital	-1.9	-0.03	2.14	-0.58	-3.6

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