| USD billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 8.8 | 18.9 | 17.5 | 23.5 | 32.3 | 21.5 | −33.3% | |
| Depreciation & amortization | 5.2 | 4.3 | 3.9 | 3.5 | 4.1 | 0.0 | −100.0% | |
| Stock-based compensation | 0.4 | 0.5 | 0.4 | 0.5 | 0.5 | 0.0 | −100.0% | |
| Change in working capital | 190.3 | 67.1 | (45.9) | 19.4 | 9.7 | 11.9 | +22.9% | |
| Operating cash flow | 182.2 | 104.3 | 26.4 | 39.1 | 65.3 | 11.0 | −83.1% | |
| Capital expenditure | (3.5) | (3.6) | (4.4) | (3.7) | (3.9) | (1.5) | +62.0% | |
| Acquisitions | (0.6) | (0.1) | (1.0) | (0.5) | (2.7) | (0.3) | +87.8% | |
| Investing cash flow | (22.4) | 27.5 | (34.5) | (62.9) | (76.6) | (209.8) | −174.0% | |
| Dividends paid | (2.0) | (6.4) | (7.0) | (12.2) | (17.1) | (13.8) | +19.5% | |
| Share buybacks | (0.2) | (2.1) | (2.4) | (6.4) | (11.9) | (3.6) | +69.3% | |
| Debt issued / repaid | (3.5) | (0.9) | 5.5 | 3.1 | 2.4 | 19.1 | +709.7% | |
| Financing cash flow | (4.6) | (10.8) | (6.3) | (17.6) | (26.5) | 168.9 | +738.3% | |
| Free cash flow | 178.7 | 100.7 | 22.0 | 35.4 | 61.4 | 9.6 | −84.4% | |
| Net change in cash | 174.6 | 105.7 | (52.4) | (30.7) | (56.0) | 0.0 | +100.0% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in USD; the shares trade in GBP.
