Ground Rents Income Fund Cash Flow Statement

Financials in millions GBP. Fiscal year is October - September.

Millions GBP. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021	2020 - 2016
Net Income	-4.32	-29.71	-1.12	-7.52	1.19	Upgrade
Other Amortization	0.09	0.21	0.15	0.16	0.16	Upgrade
Gain (Loss) on Sale of Assets	-0.04	-0.1	-0.06	-0.02	-0.34	Upgrade
Asset Writedown	5.88	31.33	2.89	10.34	4.73	Upgrade
Change in Accounts Receivable	-0	0.14	-1.46	0.54	0.02	Upgrade
Change in Accounts Payable	-0.97	0.37	0.42	-0.53	-0.53	Upgrade
Other Operating Activities	-0.22	-0.16	-0.07	-0.01	-2.96	Upgrade
Operating Cash Flow	0.43	2.08	0.74	2.95	2.27	Upgrade
Operating Cash Flow Growth	-79.50%	183.25%	-75.08%	29.92%	6.39%	Upgrade
Sale of Real Estate Assets	9.38	3.41	0.1	0.04	0.42	Upgrade
Net Sale / Acq. of Real Estate Assets	9.38	3.41	0.1	0.04	0.42	Upgrade
Other Investing Activities	0.22	0.14	0.05	0	0	Upgrade
Investing Cash Flow	9.59	3.56	0.15	0.04	0.42	Upgrade
Long-Term Debt Issued	-	-	-	1.5	-	Upgrade
Total Debt Issued	-	-	-	1.5	-	Upgrade
Long-Term Debt Repaid	-11.27	-1.5	-	-	-	Upgrade
Total Debt Repaid	-11.27	-1.5	-	-	-	Upgrade
Net Debt Issued (Repaid)	-11.27	-1.5	-	1.5	-	Upgrade
Issuance of Common Stock	-	-	-	0	-	Upgrade
Repurchase of Common Stock	-	-	-	-0.8	-0.2	Upgrade
Common Dividends Paid	-	-	-1.2	-2.88	-3.84	Upgrade
Other Financing Activities	-	-0.22	-	-	-	Upgrade
Net Cash Flow	-1.24	3.92	-0.31	0.82	-1.35	Upgrade
Cash Interest Paid	0.61	0.75	0.7	0.59	0.51	Upgrade
Levered Free Cash Flow	-0.05	1.59	0.16	1.94	1.63	Upgrade
Unlevered Free Cash Flow	0.3	1.97	0.52	2.22	1.86	Upgrade
Change in Working Capital	-0.97	0.51	-1.04	0.01	-0.51	Upgrade

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