Land Securities Group Plc (LSGOF)

Land Securities Group 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	249	396	-319	-619	869	-1,393
Depreciation & Amortization	3	3	2	3	3	2
Other Amortization	1	1	2	2	2	3
Gain (Loss) on Sale of Assets	65	15	16	144	-109	-8
Gain (Loss) on Sale of Investments	-	-	-3	-	-2	-
Asset Writedown	30	-69	629	832	-410	1,452
Stock-Based Compensation	7	6	8	6	4	4
Income (Loss) on Equity Investments	-43	-37	-2	1	-33	192
Change in Accounts Receivable	-163	-128	-32	-17	28	8
Change in Other Net Operating Assets	19	43	-14	-80	21	-14
Other Operating Activities	5	26	51	70	8	-13
Operating Cash Flow	178	256	338	342	381	233
Operating Cash Flow Growth	-36.20%	-24.26%	-1.17%	-10.24%	63.52%	-41.89%
Acquisition of Real Estate Assets	-726	-781	-465	-449	-491	-317
Sale of Real Estate Assets	376	404	176	1,269	265	631
Net Sale / Acq. of Real Estate Assets	-350	-377	-289	820	-226	314
Cash Acquisition	-18	-18	-	-	-399	-
Investment in Marketable & Equity Securities	9	12	17	14	22	16
Other Investing Activities	-	-	-	-	-4	4
Investing Cash Flow	-359	-383	-272	834	-607	334
Long-Term Debt Issued	-	963	708	394	1,053	-
Long-Term Debt Repaid	-	-562	-427	-1,407	-489	-1,767
Net Debt Issued (Repaid)	574	401	281	-1,013	564	-1,767
Repurchase of Common Stock	-18	-	-	-	-	-
Common Dividends Paid	-298	-305	-291	-289	-190	-127
Other Financing Activities	-17	-8	-19	21	-12	-18
Net Cash Flow	60	-39	37	-105	136	-1,345
Cash Interest Paid	179	144	101	92	84	83
Levered Free Cash Flow	-212.5	96	248.38	260.75	157.5	243.75
Unlevered Free Cash Flow	-131.25	167.25	313.38	300.75	200.63	291.25
Change in Working Capital	-144	-85	-46	-97	49	-6

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