Real Estate Investors 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	-0.84	-2.36	-9.41	10.93	13.92	Upgrade
Depreciation & Amortization	0	0	0	0	0	Upgrade
Gain (Loss) on Sale of Assets	0.48	-0.63	0.18	-0.95	-1.18	Upgrade
Asset Writedown	3.01	6.33	13.2	-3.15	-4.95	Upgrade
Stock-Based Compensation	-	-	-	0.15	0.15	Upgrade
Change in Accounts Receivable	-0.29	0.11	0.56	0.48	0.75	Upgrade
Change in Accounts Payable	-0.53	-0.36	-0.62	-1.05	-0.1	Upgrade
Other Operating Activities	2.33	2.89	2.69	0.72	1.8	Upgrade
Operating Cash Flow	4.16	5.98	6.6	7.13	11.81	Upgrade
Operating Cash Flow Growth	-30.47%	-9.35%	-7.44%	-39.68%	22.29%	Upgrade
Acquisition of Real Estate Assets	-0.53	-3.11	-0.73	-0.61	-0.96	Upgrade
Sale of Real Estate Assets	5.99	18.31	17.28	20.16	16.12	Upgrade
Net Sale / Acq. of Real Estate Assets	5.46	15.2	16.55	19.55	15.16	Upgrade
Other Investing Activities	0.14	0.16	0.18	0.05	0.05	Upgrade
Investing Cash Flow	5.59	15.37	16.72	19.6	15.21	Upgrade
Long-Term Debt Repaid	-5.04	-15.21	-17.06	-17.97	-11.91	Upgrade
Net Debt Issued (Repaid)	-5.04	-15.21	-17.06	-17.97	-11.91	Upgrade
Repurchase of Common Stock	-	-	-	-2.01	-	Upgrade
Common Dividends Paid	-2.87	-3.9	-3.72	-5.78	-6.28	Upgrade
Other Financing Activities	-2.61	-3.34	-2.37	-2.98	-3.24	Upgrade
Net Cash Flow	-0.77	-1.11	0.16	-2.02	5.6	Upgrade
Cash Interest Paid	2.44	3.34	2.37	2.98	3.24	Upgrade
Levered Free Cash Flow	-0.99	1.36	2.65	3.09	7.51	Upgrade
Unlevered Free Cash Flow	0.53	3.44	4.44	3.57	8.66	Upgrade
Change in Working Capital	-0.82	-0.26	-0.07	-0.58	2.06	Upgrade

Source: S&P Capital IQ. Real Estate template. Financial Sources.