Unite Group PLC (LON:UTG)

Unite Group Cash Flow Statement

Financials in millions GBP. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	346.3	441.9	102.5	350.5	342.4	-121
Depreciation & Amortization	6.2	5.7	6.3	7.8	7.8	9.2
Gain (Loss) on Sale of Assets	3.9	9.8	-11.8	15.6	12	1.9
Gain (Loss) on Sale of Investments	4.7	4.6	4.5	4	19.1	12
Asset Writedown	-133.2	-184.8	47.6	-103.4	-105.7	135.4
Stock-Based Compensation	2.8	2.4	3.4	1.6	2.4	1.7
Income (Loss) on Equity Investments	-69.8	-115.9	-27	-80.4	-122.2	11.6
Change in Accounts Receivable	-54	-12	-24.8	3.6	-52.5	-0.3
Change in Accounts Payable	-5.5	48.2	24.4	-10.7	34.2	-53.3
Other Operating Activities	34.9	21.8	41.6	-33.5	36.7	80.6
Operating Cash Flow	134.5	216.4	153.2	154.1	171.3	73.3
Operating Cash Flow Growth	-11.98%	41.25%	-0.58%	-10.04%	133.70%	-6.62%
Acquisition of Real Estate Assets	-674.2	-618.2	-136.2	-317.8	-96.3	-149.2
Sale of Real Estate Assets	102.3	123.1	-	234.1	307.3	-
Net Sale / Acq. of Real Estate Assets	-571.9	-495.1	-136.2	-83.7	211	-149.2
Investment in Marketable & Equity Securities	-0.5	-	-	-144.6	-	-7.5
Other Investing Activities	38.3	44.3	28.6	38.7	37.1	10.3
Investing Cash Flow	-511.8	-428	-109.4	-191.9	244.9	-149.1
Long-Term Debt Issued	-	543.7	-	105.7	147	355.1
Long-Term Debt Repaid	-	-359.3	-190.2	-	-675	-233.3
Net Debt Issued (Repaid)	-313.2	184.4	-190.2	105.7	-528	121.8
Issuance of Common Stock	441.7	442	294.9	1.1	1.1	294
Repurchase of Common Stock	-0.9	-1.5	-0.6	-1.7	-1.3	-0.7
Common Dividends Paid	-147.6	-124.2	-103.4	-85.1	-57.2	-
Other Financing Activities	-111.1	-52.3	-45	-53.6	-59.7	-87.9
Net Cash Flow	-508.4	236.8	-0.5	-71.4	-228.9	251.4
Cash Interest Paid	44.8	35.6	31.1	43.6	47.9	54.2
Cash Income Tax Paid	-	-4.9	1.8	1.4	-	1.3
Levered Free Cash Flow	80.38	100.49	29.71	367.03	-52.2	-40.54
Unlevered Free Cash Flow	112.13	120.93	60.34	348.9	-29.64	-2.54
Change in Working Capital	-61.3	30.9	-13.9	-8.1	-21.2	-58.1

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