Sancus Lending Group 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	2020 - 2016
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	2020 - 2016
Net Income	0.95	-	-9.13	-14.06	-10.34	Upgrade
Depreciation & Amortization	0.16	0.3	0.28	0.25	0.24	Upgrade
Other Amortization	0.32	0.03	0.4	0.28	0.32	Upgrade
Loss (Gain) From Sale of Investments	0.25	0.15	-0.62	0.93	0.47	Upgrade
Asset Writedown & Restructuring Costs	-	-	-	8.64	-0.06	Upgrade
Provision for Credit Losses	-0.23	-0.4	4.82	0.42	6.49	Upgrade
Net Decrease (Increase) in Loans Originated / Sold - Operating	-65.25	-13.99	-2.92	-21.59	-4.19	Upgrade
Change in Accounts Payable	4.3	0.88	-1.24	-0.33	-0.13	Upgrade
Change in Other Net Operating Assets	-5.98	-3.48	-7.12	-0.39	-2	Upgrade
Other Operating Activities	0.65	1.18	1.79	0.81	0.87	Upgrade
Operating Cash Flow	-67.71	-17.96	-13.55	-25.14	-8.31	Upgrade
Capital Expenditures	-0.1	-0.02	-0	-0.23	-0.17	Upgrade
Sale of Property, Plant & Equipment	-	-	1.01	-	0.74	Upgrade
Investment in Securities	-0.25	-0.56	0.62	0.07	-0.17	Upgrade
Investing Cash Flow	-0.35	-0.58	1.62	-0.16	0.4	Upgrade
Long-Term Debt Issued	65.99	15.08	10	17.68	7.5	Upgrade
Long-Term Debt Repaid	-0.11	-0.3	-0.23	-0.21	-0.19	Upgrade
Net Debt Issued (Repaid)	65.88	14.78	9.77	17.46	7.31	Upgrade
Issuance of Preferred Stock	4.65	5	3	-	-	Upgrade
Preferred Share Repurchases	-1.39	-3.5	-	-2.04	-2.76	Upgrade
Issuance of Common Stock	-	-	-	2.12	-	Upgrade
Other Financing Activities	-0.6	-0.12	0.03	-0.58	-0	Upgrade
Financing Cash Flow	68.55	16.16	12.8	16.97	4.55	Upgrade
Foreign Exchange Rate Adjustments	0.15	-0.09	-0.02	0.02	0.01	Upgrade
Net Cash Flow	0.64	-2.46	0.86	-8.3	-3.35	Upgrade
Free Cash Flow	-67.81	-17.98	-13.55	-25.37	-8.48	Upgrade
Free Cash Flow Margin	-335.91%	-121.25%	-296.26%	-265.02%	-323.29%	Upgrade
Free Cash Flow Per Share	-0.12	-0.03	-0.02	-0.05	-0.02	Upgrade

Source: S&P Capital IQ. Financial Services template. Financial Sources.