Derwent London Plc (LON:DLN)

Derwent London Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	237.9	115.9	-476.4	-280.5	252.3	-77.6
Depreciation & Amortization	0.9	1	1.1	1	0.9	0.7
Gain (Loss) on Sale of Assets	-0.3	-1.9	-1.2	-25.6	-	-
Asset Writedown	-122.7	2.7	581.5	422.1	-	-
Stock-Based Compensation	2.1	3.1	2.5	2.1	-	-
Income (Loss) on Equity Investments	-	-	0.3	-	-	-
Change in Accounts Receivable	-9.3	-8.8	-3.7	-0.5	-	-
Change in Other Net Operating Assets	-11.4	9.5	17.5	19.3	-	-
Other Operating Activities	4.2	-3.6	2.6	-17.4	-124.3	192.8
Operating Cash Flow	80	64.6	97	111.4	128.9	115.9
Operating Cash Flow Growth	-17.18%	-33.40%	-12.93%	-13.58%	11.22%	19.36%
Acquisition of Real Estate Assets	-210.6	-188.5	-156	-260.3	-425.5	-217.6
Sale of Real Estate Assets	38.1	85.5	65.4	206.7	297.5	125.6
Net Sale / Acq. of Real Estate Assets	-172.5	-103	-90.6	-53.6	-128	-92
Investment in Marketable & Equity Securities	-	-	-	-0.3	-64.1	0.4
Other Investing Activities	-0.8	1.1	-7.4	2.2	5.5	-0.9
Investing Cash Flow	-173.3	-101.9	-98	-51.7	-186.6	-92.5
Short-Term Debt Issued	-	-	0.3	7.4	-	-
Long-Term Debt Issued	-	209	84	-	358.3	62.2
Total Debt Issued	520.1	209	84.3	7.4	358.3	62.2
Long-Term Debt Repaid	-	-83	-	-10.1	-145.8	-6.5
Net Debt Issued (Repaid)	193.6	126	84.3	-2.7	212.5	55.7
Issuance of Common Stock	-	-	-	1.2	1.8	0.6
Common Dividends Paid	-89.2	-89.6	-88.7	-86.8	-84.3	-81.8
Other Financing Activities	-2.6	-0.7	1.8	-0.3	-55.3	-1.7
Net Cash Flow	8.5	-1.6	-3.6	-28.9	17	-3.8
Cash Interest Paid	37.7	38.3	38.1	37.1	21.9	25.4
Cash Income Tax Paid	0.1	-	1.3	0.5	0.5	-
Levered Free Cash Flow	26.95	-0.58	99.38	118.81	189.36	38.71
Unlevered Free Cash Flow	54.58	25.36	125.31	143.63	206.93	57.65
Change in Working Capital	-42.1	-52.6	-13.4	9.7	-	-

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.