WPP plc 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	-215	542	110	683	637.7
Depreciation & Amortization	386	474	525	512	493.9
Loss (Gain) From Sale of Assets	-	-7	-	-6	-1.3
Asset Writedown & Restructuring Costs	707	283	731	159	88.9
Loss (Gain) From Sale of Investments	-6	-322	-7	-30	-31.8
Loss (Gain) on Equity Investments	-39	-36	-70	60	-23.8
Stock-Based Compensation	73	109	140	122	99.6
Other Operating Activities	109	180	69	48	63.8
Change in Accounts Receivable	307	309	232	-499	-458.9
Change in Accounts Payable	-390	31	-238	171	777.8
Change in Other Net Operating Assets	-208	-155	-254	-519	383.1
Operating Cash Flow	724	1,408	1,238	701	2,029
Operating Cash Flow Growth	-48.58%	13.73%	76.61%	-65.45%	-1.05%
Capital Expenditures	-91	-189	-177	-209	-263.2
Sale of Property, Plant & Equipment	8	21	5	13	8.7
Cash Acquisitions	-176	-120	-257	-226	-283.1
Divestitures	-1	-93	-1	-12	-23.6
Sale (Purchase) of Intangibles	-95	-47	-40	-15	-29.9
Investment in Securities	8	613	90	40	-47.3
Investing Cash Flow	-347	278	-380	-409	-638.4
Long-Term Debt Issued	874	1,060	1,053	-	-
Long-Term Debt Repaid	-660	-1,369	-1,361	-531	-717.8
Net Debt Issued (Repaid)	214	-309	-308	-531	-717.8
Issuance of Common Stock	-	2	1	1	4.4
Repurchase of Common Stock	-97	-82	-54	-862	-818.5
Common Dividends Paid	-343	-425	-423	-365	-314.7
Other Financing Activities	-93	-175	-120	-154	-210.4
Financing Cash Flow	-319	-989	-904	-1,911	-2,057
Foreign Exchange Rate Adjustments	1	-90	-80	64	-130.1
Net Cash Flow	59	607	-126	-1,555	-796.5
Free Cash Flow	633	1,219	1,061	492	1,766
Free Cash Flow Growth	-48.07%	14.89%	115.65%	-72.14%	-3.63%
Free Cash Flow Margin	4.67%	8.27%	7.15%	3.41%	13.79%
Free Cash Flow Per Share	0.59	1.11	0.97	0.44	1.45
Cash Interest Paid	377	401	378	302	88.4
Cash Income Tax Paid	398	392	395	391	391.1
Levered Free Cash Flow	-63.25	1,243	227.65	498.68	1,876
Unlevered Free Cash Flow	151.13	1,497	464.53	719.93	2,050
Change in Working Capital	-291	185	-260	-847	702

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.