Big Yellow Group Cash Flow Statement

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

Millions GBP. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Net Income	130.51	201.89	239.83	73.33	697.27	265.19
Depreciation & Amortization	2.42	2.54	2.6	2.46	2.52	2.09
Gain (Loss) on Sale of Assets	-	-8.75	-	-	-0.58	-
Asset Writedown	-12.83	-79.67	-131.16	29.86	-597.22	-189.28
Stock-Based Compensation	3.3	2.86	4.08	3.74	3.39	2.87
Income (Loss) on Equity Investments	-0.03	-	-	-	-3.68	-3.15
Change in Accounts Receivable	-0.28	-1.02	-1.65	-0.74	1.55	0.84
Change in Other Net Operating Assets	-2.74	3.6	-3.62	3.53	6.42	-0.21
Other Operating Activities	-8.07	-6.91	-5.3	-0.19	-2.46	-1.69
Operating Cash Flow	112.37	114.57	104.79	111.98	107.14	76.71
Operating Cash Flow Growth	-1.51%	9.34%	-6.42%	4.52%	39.66%	4.21%
Acquisition of Real Estate Assets	-98.51	-58.26	-30.91	-	-	-
Sale of Real Estate Assets	-	30.59	5.4	-	0.58	-
Net Sale / Acq. of Real Estate Assets	-98.51	-27.67	-25.51	-	0.58	-
Cash Acquisition	-	-	-	-	-66.68	-
Investment in Marketable & Equity Securities	-1.01	-	-	-	-0.14	-0.45
Other Investing Activities	-	-	4.72	-106.23	-104.34	-71.59
Investing Cash Flow	-99.52	-27.67	-20.79	-106.23	-170.57	-72.04
Long-Term Debt Issued	-	2.68	-	74.49	32.24	-
Total Debt Issued	51.96	2.68	-	74.49	32.24	-
Long-Term Debt Repaid	-	-1.82	-101.99	-1.27	-1.38	-65.74
Total Debt Repaid	28.11	-1.82	-101.99	-1.27	-1.38	-65.74
Net Debt Issued (Repaid)	80.07	0.87	-101.99	73.23	30.85	-65.74
Issuance of Common Stock	0.04	0.81	108.02	0.96	98.51	80.77
Common Dividends Paid	-90.71	-88.54	-85.26	-79.14	-68.7	-58.81
Other Financing Activities	-0.63	-0.63	-3.75	-1.07	-0.95	-
Net Cash Flow	1.62	-0.59	1.03	-0.28	-3.72	-39.1
Cash Interest Paid	21.77	22.21	24.64	17.19	11.61	9.62
Cash Income Tax Paid	1.25	2.02	2	1.84	1.65	0.82
Levered Free Cash Flow	-16.45	24.67	32.48	80.36	82.02	54.04
Unlevered Free Cash Flow	-8.58	34.29	48.16	90.55	87.78	59.14
Change in Working Capital	-2.92	2.62	-5.26	2.78	7.9	0.68

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