The Weir 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	246.9	312.2	227.9	213.4	258.5
Depreciation & Amortization	116.8	98.5	97.1	107.1	93.2
Other Amortization	-	12	12.1	12.9	17.6
Loss (Gain) From Sale of Assets	2.1	0.9	-0.4	-0.6	-4.3
Asset Writedown & Restructuring Costs	-	54.4	29.6	2.7	-6.3
Loss (Gain) on Equity Investments	-1.7	-1.9	-2.5	-2.5	-3.3
Stock-Based Compensation	11.7	10.4	7	8	10.9
Other Operating Activities	66.5	-44.5	51.6	28.4	-95.1
Change in Accounts Receivable	38.1	-19.3	15.2	49.8	-61.7
Change in Inventory	-52.7	2	42	-128.6	-84.9
Change in Accounts Payable	-42.3	25.2	-85.3	30.2	31.8
Operating Cash Flow	385.4	449.9	394.3	320.8	156.1
Operating Cash Flow Growth	-14.34%	14.10%	22.91%	105.51%	-41.36%
Capital Expenditures	-60	-67.4	-79.1	-56.1	-44.4
Sale of Property, Plant & Equipment	13.8	3.2	4.2	4.4	30.1
Cash Acquisitions	-760.5	-1	-6.9	-15.2	-67.9
Divestitures	-36.6	-	-	-2	-
Sale (Purchase) of Intangibles	-5.2	-5.1	-7.6	-6.6	-8.4
Investment in Securities	-14.8	-	-	-	24
Other Investing Activities	9.8	17.5	18.8	7.2	261.8
Investing Cash Flow	-853.5	-52.8	-70.6	-68.3	195.2
Long-Term Debt Issued	1,619	55.6	512.6	822.8	794.1
Long-Term Debt Repaid	-938.2	-180.1	-658.8	-989.4	-931.2
Net Debt Issued (Repaid)	680.8	-124.5	-146.2	-166.6	-137.1
Repurchase of Common Stock	-10	-13.2	-24	-20	-15
Common Dividends Paid	-107.6	-99.8	-95.9	-66.7	-29.8
Other Financing Activities	-86	-64.4	-56.4	-50.5	-35.4
Financing Cash Flow	477.2	-301.9	-322.5	-303.8	-217.3
Foreign Exchange Rate Adjustments	-28.3	-15.7	-31.3	28.8	-8.1
Net Cash Flow	-19.2	79.5	-30.1	-22.5	125.9
Free Cash Flow	325.4	382.5	315.2	264.7	111.7
Free Cash Flow Growth	-14.93%	21.35%	19.08%	136.97%	-45.86%
Free Cash Flow Margin	12.69%	15.27%	11.96%	10.71%	5.78%
Free Cash Flow Per Share	1.25	1.47	1.21	1.02	0.43
Cash Interest Paid	72	61.9	55	49.9	45.6
Cash Income Tax Paid	132	110.5	103.9	93.4	82.4
Levered Free Cash Flow	238.31	301	264.15	173.5	396.55
Unlevered Free Cash Flow	292	341	304.21	199.81	422.49
Change in Working Capital	-56.9	7.9	-28.1	-48.6	-114.8

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