Primary Health Properties Cash Flow Statement

Financials in millions GBP. Fiscal year is January - December.

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019 - 2015
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2019 - 2015
Net Income	97.2	41.4	27.3	56.3	140.1	112	Upgrade
Depreciation & Amortization	0.8	0.9	0.9	-	-	-	Upgrade
Gain (Loss) on Sale of Assets	-	-	-	-2.9	-0.3	-0.1	Upgrade
Gain (Loss) on Sale of Investments	5.6	4.5	4.3	-2.6	-2.7	8.5	Upgrade
Asset Writedown	-21.4	38.4	53	64.4	-110.2	-51.3	Upgrade
Stock-Based Compensation	-	-	-	-	0.2	-	Upgrade
Change in Accounts Receivable	-2	-3.4	-7.1	-0.7	-0.3	-1.3	Upgrade
Change in Accounts Payable	0.4	-3.6	3	-12.9	15.9	4.2	Upgrade
Other Operating Activities	62.3	57	52.2	16	97.7	46.9	Upgrade
Operating Cash Flow	142.9	135.2	133.6	117.6	140.4	118.9	Upgrade
Operating Cash Flow Growth	6.09%	1.20%	13.61%	-16.24%	18.08%	26.49%	Upgrade
Acquisition of Real Estate Assets	-33.9	-20.6	-39.5	-74.8	-129.6	-102.9	Upgrade
Sale of Real Estate Assets	-	-	-	27.5	0.3	0.1	Upgrade
Net Sale / Acq. of Real Estate Assets	-33.9	-20.6	-39.5	-47.3	-129.3	-102.8	Upgrade
Cash Acquisition	-	-	-5.1	-	-17.8	-	Upgrade
Other Investing Activities	-3.4	-	-	1.5	0.7	1.9	Upgrade
Investing Cash Flow	-37.3	-20.6	-44.6	-45.8	-146.4	-100.9	Upgrade
Long-Term Debt Issued	-	306.6	323.6	224.5	335.6	17.8	Upgrade
Long-Term Debt Repaid	-	-278.9	-300	-175.7	-252.8	-76.2	Upgrade
Net Debt Issued (Repaid)	52	27.7	23.6	48.8	82.8	-58.4	Upgrade
Issuance of Common Stock	-	-	-	-	-	140	Upgrade
Common Dividends Paid	-93.4	-92.1	-89.5	-81.6	-74.4	-69.1	Upgrade
Other Financing Activities	-57	-49.9	-49	-44	-72	-70.6	Upgrade
Foreign Exchange Rate Adjustments	0.2	-	-	0.7	-0.6	0.6	Upgrade
Net Cash Flow	7.4	0.3	-25.9	-4.3	-70.2	-39.5	Upgrade
Cash Interest Paid	46.2	46.1	45.3	39.8	40.9	42.1	Upgrade
Cash Income Tax Paid	-	0.1	0.3	-0.2	0.4	0.2	Upgrade
Levered Free Cash Flow	52.06	54.06	50.95	51.08	60.88	42.41	Upgrade
Unlevered Free Cash Flow	83.94	84.63	80.33	75.14	84.88	74.85	Upgrade
Change in Working Capital	-1.6	-7	-4.1	-13.6	15.6	2.9	Upgrade

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