Phoenix Group Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-52.38	167.37	207.78	138.88	42.38
Depreciation & Amortization	22.4	14.53	0.79	1.44	2.08
Other Amortization	0.02	0.02	0.01	-	-
Loss (Gain) From Sale of Assets	-	-	-	1.1	-
Asset Writedown & Restructuring Costs	4.31	4.28	-	-	-
Loss (Gain) From Sale of Investments	-	-	-26.63	2.94	-
Loss (Gain) on Equity Investments	11.9	6.92	6.01	-	-
Provision & Write-off of Bad Debts	1.54	2.37	-1.37	1.37	-
Other Operating Activities	-22.76	-204.52	-122	13.31	12.08
Change in Accounts Receivable	15.23	4.16	-30.24	-30.36	-387.35
Change in Inventory	-76.48	-76.28	-45.56	-14.78	-48.61
Change in Accounts Payable	3.16	3.09	0.26	0.19	351.63
Change in Other Net Operating Assets	160.9	13.19	-125.12	76.14	-6.17
Operating Cash Flow	67.84	-64.87	-136.06	190.21	-33.96
Capital Expenditures	-43.5	-47.48	-30.73	-44.58	-18.51
Cash Acquisitions	-	-	-	-	-0.55
Sale (Purchase) of Intangibles	-0.84	-0.84	-0.04	-	-
Investment in Securities	-9.54	-10.26	-4.28	-0.03	-
Investing Cash Flow	-53.87	-58.57	-35.05	-44.61	-19.06
Long-Term Debt Issued	-	37	-	-	4.1
Short-Term Debt Repaid	-	-54.71	-	-	-
Long-Term Debt Repaid	-	-0.44	-0.34	-0.17	-0.03
Total Debt Repaid	-44.65	-55.15	-0.34	-0.17	-0.03
Net Debt Issued (Repaid)	15.46	-18.15	-0.34	-0.17	4.07
Issuance of Common Stock	0.11	-	378.61	-	0
Repurchase of Common Stock	-1.93	-1.93	-	-	-
Common Dividends Paid	-	-	-	-100.59	-
Other Financing Activities	-26.61	-34.29	-9.34	-45.41	48.01
Financing Cash Flow	-12.96	-54.37	368.92	-146.18	52.07
Foreign Exchange Rate Adjustments	-0.05	-0.05	-0.09	0.02	-
Miscellaneous Cash Flow Adjustments	-	-	-	0	-
Net Cash Flow	0.96	-177.86	197.72	-0.55	-0.95
Free Cash Flow	24.34	-112.35	-166.79	145.64	-52.47
Free Cash Flow Margin	14.49%	-54.62%	-57.88%	19.29%	-29.39%
Free Cash Flow Per Share	0.00	-0.02	-0.03	0.03	-
Cash Interest Paid	1.61	9.29	0.32	1.1	1.25
Levered Free Cash Flow	331.81	-123.71	-270.56	165.09	-
Unlevered Free Cash Flow	333.31	-117.3	-270.35	165.77	-
Change in Net Working Capital	-248.89	197.86	358.67	-119.09	-

Updated Feb 16, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.