Workspace Group Cash Flow Statement

Financials in millions GBP. Fiscal year is April - March.

Millions GBP. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	-120.5	5.4	-192.8	-37.5	124
Depreciation & Amortization	1.9	2.9	2.6	2.8	2.7
Stock-Based Compensation	1.7	2.7	3.3	1.4	1.6
Other Adjustments	205.6	90.5	293.7	132.6	-56.6
Change in Receivables	5.6	5.7	-2.9	-6.4	1.4
Changes in Accounts Payable	-2.2	-2.1	-16.2	17.6	7.4
Changes in Other Operating Activities	-29.4	-28.5	-33.8	-31.7	-22.6
Operating Cash Flow	62.6	76.6	53.9	78.8	57.9
Operating Cash Flow Growth	-18.28%	42.12%	-31.60%	36.10%	50.78%
Capital Expenditures	-52.1	-60.7	-72.1	-243.7	-118.9
Sale of Property, Plant & Equipment	111.2	76.9	118.5	48.5	117.3
Purchases of Intangible Assets	-	-0.4	-0.8	-0.8	-0.5
Purchases of Investments	-3.2	-	-	-	-
Proceeds from Sale of Investments	0.6	-	-	-	6.8
Other Investing Activities	1.6	0.7	0.3	-4.2	4.5
Investing Cash Flow	58.1	16.5	45.9	-200.2	9.2
Long-Term Debt Issued	164.8	341.5	156	286	25
Long-Term Debt Repaid	-248.8	-355.5	-211	-150	-173.5
Net Long-Term Debt Issued (Repaid)	-84	-14	-55	136	-148.5
Repurchase of Common Stock	-0.3	-0.4	-0.2	-	-0.3
Net Common Stock Issued (Repurchased)	-0.3	-0.4	-0.2	-	-0.3
Common Dividends Paid	-54.6	-56.3	-50.7	-43.5	-43.3
Other Financing Activities	-4	-1.3	-0.8	-1.6	-17
Financing Cash Flow	-142.9	-72	-106.7	90.9	-209.1
Net Cash Flow	-22.2	21.1	-6.9	-30.5	-142
Free Cash Flow	10.5	15.9	-18.2	-164.9	-61
Free Cash Flow Growth	-33.96%	-	-	-	-
FCF Margin	5.79%	8.59%	-9.88%	-94.66%	-45.90%
Free Cash Flow Per Share	0.05	0.08	-0.09	-0.86	-0.34
Levered Free Cash Flow	-286.1	-97	-367	-156.8	-156
Unlevered Free Cash Flow	-170.95	-51	-277.15	-257.52	12.98