| GBP billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 1.0 | 0.8 | 0.4 | 0.4 | 0.2 | 0.2 | +29.0% | |
| Cash & short-term investments | 4.7 | 3.5 | 3.9 | 2.3 | 2.8 | 1.7 | −38.9% | |
| Receivables | 3.1 | 3.3 | 3.7 | 3.3 | 3.2 | 3.0 | −7.5% | |
| Inventory | 0.3 | 0.3 | 0.3 | 0.4 | 0.3 | 0.4 | +10.6% | |
| Total current assets | 10.4 | 8.9 | 9.5 | 8.7 | 8.4 | 7.1 | −15.0% | |
| Property, plant & equipment | 24.3 | 25.0 | 25.6 | 26.2 | 26.7 | 27.7 | +3.6% | |
| Goodwill & intangibles | 13.4 | 13.8 | 13.7 | 12.9 | 12.4 | 12.0 | −3.7% | |
| Long-term investments | 0.0 | 0.0 | 0.9 | 0.8 | 0.7 | 1.3 | +97.3% | |
| Total assets | 50.9 | 49.8 | 52.8 | 51.7 | 51.0 | 50.0 | −2.0% | |
| Payables | 4.0 | 4.1 | 4.2 | 4.1 | 3.7 | 3.8 | +2.6% | |
| Short-term debt | 0.9 | 0.9 | 1.8 | 1.4 | 2.1 | 0.4 | −79.9% | |
| Total current liabilities | 9.0 | 9.0 | 10.4 | 9.8 | 10.3 | 8.4 | −18.2% | |
| Long-term debt | 15.8 | 15.3 | 16.7 | 17.1 | 16.7 | 18.1 | +8.7% | |
| Total debt | 22.8 | 21.9 | 23.9 | 23.5 | 23.3 | 22.7 | −2.6% | |
| Net debt | 21.8 | 21.2 | 23.5 | 23.1 | 23.2 | 22.5 | −2.9% | |
| Deferred revenue | (3.6) | (3.7) | (4.9) | 0.0 | 0.0 | 0.0 | — | |
| Total liabilities | 39.2 | 34.5 | 38.2 | 39.2 | 38.1 | 37.4 | −1.7% | |
| Total equity | 11.7 | 15.3 | 14.5 | 12.5 | 12.9 | 12.6 | −2.7% | |
| Retained earnings | 8.8 | 12.4 | 11.4 | 9.6 | 9.9 | 10.6 | +6.5% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
