Land Securities Group PLC
LSE:LAND
Cash Flow Statement
Cash Flow Statement
Land Securities Group PLC
Sep-2003 | Mar-2004 | Sep-2004 | Mar-2005 | Sep-2005 | Mar-2006 | Sep-2006 | Mar-2007 | Sep-2007 | Mar-2008 | Sep-2008 | Mar-2009 | Sep-2009 | Mar-2010 | Sep-2010 | Mar-2011 | Sep-2011 | Mar-2012 | Sep-2012 | Mar-2013 | Sep-2013 | Mar-2014 | Sep-2014 | Mar-2015 | Sep-2015 | Mar-2016 | Sep-2016 | Mar-2017 | Sep-2017 | Mar-2018 | Sep-2018 | Mar-2019 | Sep-2019 | Mar-2020 | Sep-2020 | Mar-2021 | Sep-2021 | Mar-2022 | Sep-2022 | Mar-2023 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Income |
463
|
465
|
882
|
1 396
|
1 978
|
1 676
|
1 305
|
3 528
|
3 026
|
(973)
|
(2 948)
|
(4 774)
|
(3 055)
|
1 144
|
1 552
|
1 300
|
1 210
|
645
|
428
|
648
|
867
|
1 093
|
1 726
|
2 347
|
1 940
|
1 347
|
684
|
365
|
694
|
505
|
276
|
(40)
|
(224)
|
(690)
|
(1 389)
|
(1 330)
|
(228)
|
935
|
425
|
(569)
|
(514)
|
|
Depreciation & Amortization |
30
|
32
|
30
|
36
|
39
|
26
|
29
|
33
|
36
|
46
|
46
|
24
|
7
|
5
|
7
|
7
|
3
|
5
|
5
|
3
|
3
|
3
|
3
|
3
|
3
|
4
|
5
|
0
|
0
|
0
|
0
|
0
|
3
|
0
|
3
|
5
|
5
|
5
|
7
|
5
|
3
|
|
Other Non-Cash Items |
0
|
0
|
(417)
|
(924)
|
(1 476)
|
(1 119)
|
(709)
|
(2 931)
|
(2 441)
|
1 583
|
3 561
|
5 356
|
3 570
|
(696)
|
(1 107)
|
(863)
|
(766)
|
(207)
|
(13)
|
(139)
|
(322)
|
(604)
|
(1 225)
|
(1 866)
|
(1 401)
|
(666)
|
(16)
|
197
|
(121)
|
103
|
300
|
574
|
737
|
1 171
|
1 765
|
1 644
|
597
|
(541)
|
35
|
1 076
|
996
|
|
Cash Taxes Paid |
86
|
37
|
9
|
0
|
0
|
30
|
72
|
92
|
406
|
368
|
15
|
7
|
15
|
14
|
62
|
61
|
2
|
6
|
5
|
0
|
1
|
14
|
13
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Cash Interest Paid |
225
|
221
|
120
|
314
|
403
|
188
|
217
|
238
|
280
|
338
|
325
|
284
|
265
|
243
|
222
|
219
|
201
|
164
|
151
|
176
|
241
|
251
|
204
|
198
|
200
|
197
|
180
|
152
|
137
|
100
|
90
|
114
|
113
|
108
|
98
|
83
|
82
|
84
|
124
|
92
|
56
|
|
Change in Working Capital |
(240)
|
(244)
|
(259)
|
(292)
|
(276)
|
(206)
|
(237)
|
(269)
|
(663)
|
(656)
|
(333)
|
(240)
|
(167)
|
(273)
|
(334)
|
(289)
|
(215)
|
(188)
|
(197)
|
(266)
|
(305)
|
(334)
|
(299)
|
(251)
|
(263)
|
(252)
|
(208)
|
(176)
|
(229)
|
(163)
|
(93)
|
(110)
|
(88)
|
(80)
|
(75)
|
(86)
|
(67)
|
(18)
|
(68)
|
(170)
|
(153)
|
|
Cash from Operating Activities |
253
N/A
|
252
-1%
|
236
-6%
|
217
-8%
|
266
+23%
|
376
+41%
|
388
+3%
|
362
-7%
|
(43)
N/A
|
(1)
+98%
|
325
N/A
|
367
+13%
|
355
-3%
|
179
-49%
|
117
-35%
|
154
+31%
|
232
+51%
|
254
+10%
|
221
-13%
|
247
+11%
|
243
-1%
|
159
-35%
|
205
+30%
|
234
+14%
|
279
+20%
|
433
+55%
|
464
+7%
|
386
-17%
|
341
-12%
|
445
+30%
|
483
+9%
|
424
-12%
|
428
+1%
|
401
-6%
|
301
-25%
|
233
-23%
|
307
+32%
|
381
+24%
|
399
+5%
|
342
-14%
|
332
-3%
|
|
Investing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Capital Expenditures |
(17)
|
(8)
|
(3)
|
(19)
|
(26)
|
(50)
|
(59)
|
(45)
|
(38)
|
(50)
|
(58)
|
(47)
|
(25)
|
(3)
|
(3)
|
(5)
|
(3)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(1)
|
(4)
|
(7)
|
(8)
|
(13)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Items |
(246)
|
(135)
|
(296)
|
64
|
(10)
|
(1 049)
|
(1 079)
|
(1 461)
|
(1 344)
|
178
|
726
|
705
|
983
|
727
|
242
|
(36)
|
(86)
|
80
|
154
|
(212)
|
(227)
|
513
|
(315)
|
(407)
|
507
|
858
|
638
|
83
|
436
|
358
|
25
|
(166)
|
(194)
|
(116)
|
(139)
|
334
|
327
|
(607)
|
210
|
834
|
(114)
|
|
Cash from Investing Activities |
(263)
N/A
|
(143)
+45%
|
(300)
-109%
|
44
N/A
|
(36)
N/A
|
(1 099)
-2 935%
|
(1 138)
-4%
|
(1 505)
-32%
|
(1 382)
+8%
|
127
N/A
|
668
+425%
|
658
-2%
|
958
+46%
|
725
-24%
|
238
-67%
|
(40)
N/A
|
(89)
-120%
|
78
N/A
|
151
+94%
|
(214)
N/A
|
(229)
-7%
|
511
N/A
|
(316)
N/A
|
(412)
-30%
|
500
N/A
|
849
+70%
|
625
-26%
|
83
-87%
|
444
+435%
|
358
-19%
|
25
-93%
|
(166)
N/A
|
(194)
-17%
|
(116)
+40%
|
(139)
-20%
|
334
N/A
|
327
-2%
|
(607)
N/A
|
210
N/A
|
834
+297%
|
(114)
N/A
|
|
Financing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Issuance of Common Stock |
(23)
|
(19)
|
5
|
5
|
4
|
10
|
(26)
|
(28)
|
(77)
|
(82)
|
(1)
|
758
|
0
|
0
|
0
|
0
|
(14)
|
(18)
|
(20)
|
(30)
|
(20)
|
(10)
|
(6)
|
(6)
|
(12)
|
(13)
|
(8)
|
0
|
0
|
(475)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Issuance of Debt |
235
|
22
|
63
|
(323)
|
142
|
1 220
|
992
|
1 432
|
1 701
|
259
|
(635)
|
111
|
(1 107)
|
(1 964)
|
(736)
|
(129)
|
17
|
(173)
|
(177)
|
190
|
312
|
(415)
|
275
|
405
|
(527)
|
(985)
|
(795)
|
(164)
|
(331)
|
(12)
|
116
|
68
|
67
|
1 363
|
17
|
(1 770)
|
(354)
|
564
|
(344)
|
(1 013)
|
120
|
|
Cash Paid for Dividends |
(166)
|
(168)
|
(173)
|
(176)
|
(202)
|
(239)
|
(219)
|
(223)
|
(249)
|
(308)
|
(298)
|
(302)
|
(283)
|
(218)
|
(162)
|
(143)
|
(136)
|
(153)
|
(177)
|
(178)
|
(174)
|
(176)
|
(191)
|
(229)
|
(252)
|
(262)
|
(274)
|
(289)
|
(303)
|
(314)
|
(332)
|
(338)
|
(340)
|
(342)
|
(172)
|
(127)
|
(202)
|
(190)
|
(270)
|
(289)
|
(287)
|
|
Other |
0
|
0
|
0
|
0
|
(258)
|
(258)
|
0
|
0
|
0
|
0
|
0
|
(30)
|
(194)
|
(172)
|
53
|
37
|
(19)
|
4
|
2
|
(2)
|
(108)
|
(90)
|
11
|
2
|
6
|
(12)
|
(13)
|
(11)
|
34
|
30
|
(14)
|
(36)
|
25
|
25
|
(3)
|
(15)
|
(50)
|
(12)
|
16
|
21
|
(18)
|
|
Cash from Financing Activities |
46
N/A
|
(165)
N/A
|
(104)
+37%
|
(494)
-375%
|
(315)
+36%
|
733
N/A
|
747
+2%
|
1 181
+58%
|
1 376
+16%
|
(132)
N/A
|
(934)
-607%
|
537
N/A
|
(829)
N/A
|
(2 353)
-184%
|
(846)
+64%
|
(235)
+72%
|
(152)
+35%
|
(340)
-123%
|
(372)
-9%
|
(21)
+94%
|
10
N/A
|
(690)
N/A
|
89
N/A
|
172
+93%
|
(784)
N/A
|
(1 272)
-62%
|
(1 089)
+14%
|
(464)
+57%
|
(597)
-29%
|
(771)
-29%
|
(705)
+9%
|
(306)
+57%
|
(248)
+19%
|
1 046
N/A
|
(158)
N/A
|
(1 912)
-1 110%
|
(606)
+68%
|
362
N/A
|
(598)
N/A
|
(1 281)
-114%
|
(185)
+86%
|
|
Change in Cash | ||||||||||||||||||||||||||||||||||||||||||
Net Change in Cash |
36
N/A
|
(56)
N/A
|
(168)
-197%
|
(233)
-39%
|
(85)
+63%
|
11
N/A
|
(3)
N/A
|
37
N/A
|
(49)
N/A
|
(6)
+88%
|
59
N/A
|
1 562
+2 534%
|
484
-69%
|
(1 449)
N/A
|
(490)
+66%
|
(122)
+75%
|
(10)
+92%
|
(8)
+19%
|
0
N/A
|
12
+3 900%
|
25
+104%
|
(21)
N/A
|
(22)
-5%
|
(7)
+70%
|
(5)
+20%
|
10
N/A
|
0
-98%
|
5
+2 400%
|
188
+3 656%
|
32
-83%
|
(197)
N/A
|
(48)
+76%
|
(14)
+71%
|
1 331
N/A
|
4
-100%
|
(1 345)
N/A
|
28
N/A
|
136
+386%
|
11
-92%
|
(105)
N/A
|
33
N/A
|
|
Free Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Free Cash Flow |
236
N/A
|
244
+3%
|
233
-5%
|
197
-15%
|
241
+22%
|
326
+36%
|
329
+1%
|
317
-4%
|
(81)
N/A
|
(51)
+37%
|
267
N/A
|
320
+20%
|
329
+3%
|
177
-46%
|
114
-36%
|
149
+31%
|
229
+53%
|
252
+10%
|
218
-13%
|
245
+12%
|
241
-1%
|
157
-35%
|
205
+31%
|
229
+12%
|
272
+19%
|
425
+56%
|
451
+6%
|
386
-14%
|
341
-12%
|
445
+30%
|
483
+9%
|
424
-12%
|
428
+1%
|
401
-6%
|
301
-25%
|
233
-23%
|
307
+32%
|
381
+24%
|
399
+5%
|
342
-14%
|
332
-3%
|