Unite Group PLC (LON:UTG)

Unite Group Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	441.9	102.5	350.5	342.4	-121
Depreciation & Amortization	5.7	6.3	7.8	7.8	9.2
Gain (Loss) on Sale of Assets	9.8	-11.8	15.6	12	1.9
Gain (Loss) on Sale of Investments	4.6	4.5	4	19.1	12
Asset Writedown	-184.8	47.6	-103.4	-105.7	135.4
Stock-Based Compensation	2.4	3.4	1.6	2.4	1.7
Income (Loss) on Equity Investments	-115.9	-27	-80.4	-122.2	11.6
Change in Accounts Receivable	-12	-24.8	3.6	-52.5	-0.3
Change in Accounts Payable	48.2	24.4	-10.7	34.2	-53.3
Other Operating Activities	21.8	41.6	-33.5	36.7	80.6
Operating Cash Flow	216.4	153.2	154.1	171.3	73.3
Operating Cash Flow Growth	41.25%	-0.58%	-10.04%	133.70%	-6.62%
Acquisition of Real Estate Assets	-618.2	-136.2	-317.8	-96.3	-149.2
Sale of Real Estate Assets	123.1	-	234.1	307.3	-
Net Sale / Acq. of Real Estate Assets	-495.1	-136.2	-83.7	211	-149.2
Investment in Marketable & Equity Securities	-	-	-144.6	-	-7.5
Other Investing Activities	44.3	28.6	38.7	37.1	10.3
Investing Cash Flow	-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)	184.4	-190.2	105.7	-528	121.8
Issuance of Common Stock	442	294.9	1.1	1.1	294
Repurchase of Common Stock	-1.5	-0.6	-1.7	-1.3	-0.7
Common Dividends Paid	-124.2	-103.4	-85.1	-57.2	-
Other Financing Activities	-52.3	-45	-53.6	-59.7	-87.9
Net Cash Flow	236.8	-0.5	-71.4	-228.9	251.4
Cash Interest Paid	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	93.09	29.71	367.03	-52.2	-40.54
Unlevered Free Cash Flow	113.53	60.34	348.9	-29.64	-2.54
Change in Net Working Capital	24.1	76.1	-218.6	159.3	103.1

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