British Land Company PLC (BTLCY)

British Land Company Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Net Income	447	338	-1	-1,038	963	-1,031
Depreciation & Amortization	7	8	8	7	5	4
Income (Loss) on Equity Investments	65	72	77	73	57	34
Other Operating Activities	-217	-148	325	1,198	-780	1,142
Operating Cash Flow	302	270	409	240	245	149
Operating Cash Flow Growth	26.36%	-33.98%	70.42%	-2.04%	64.43%	-60.27%
Acquisition of Real Estate Assets	-693	-942	-370	-364	-855	-224
Sale of Real Estate Assets	337	292	390	694	477	1,073
Net Sale / Acq. of Real Estate Assets	-356	-650	20	330	-378	849
Investment in Marketable & Equity Securities	-442	-294	-193	-133	-135	23
Other Investing Activities	279	91	1	129	128	38
Investing Cash Flow	-519	-853	-172	326	-385	910
Long-Term Debt Issued	-	633	361	20	483	214
Long-Term Debt Repaid	-	-135	-390	-337	-217	-1,225
Net Debt Issued (Repaid)	176	498	-29	-317	266	-1,011
Issuance of Common Stock	295	295	1	-	-	-
Common Dividends Paid	-229	-220	-213	-213	-155	-76
Other Financing Activities	-27	-21	-33	-22	-51	-11
Net Cash Flow	-2	-31	-37	14	-80	-39
Cash Interest Paid	58	57	51	71	62	70
Cash Income Tax Paid	2	7	6	-	6	33
Levered Free Cash Flow	238.5	138.63	211.63	192.88	180.88	67.13
Unlevered Free Cash Flow	314.75	208.63	278.5	249.13	233.38	125.25

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.