Cash flow is the net amount of cash and cash-equivalents being transferred into and out of a business. At the most fundamental level, a company’s ability to create value for shareholders is determined by its ability to generate positive cash flows, or more specifically, maximize long-term free cash flow (FCF).

## WTB Free Cash Flow Analysis

Free cash flow, a measure commonly used by analysts to assess a company's profitability, represents the cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

The Free Cash Flow is calculated using a number of methods including using Operating Cash Flow. Following is the formula to calculate Free Cash Flow based on Operating Cash Flow.

Free Cash Flow = Operating Cash Flow - Capital Expenditures

Using above formula to calculate Free Cash Flow for Whitbread plc (WTB), the free cash flow value is 308.30M.

All amounts in GBP

Whitbread plc has a positive free cash flow as per the latest annual Cash flow statement released by the company. Positive free cash flow is cruscial for the financial health of a company, which can be used to pay dividends, expand operations, and deleverage its balance sheet (i.e., reduce debt).

## WTB Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Whitbread plc (LSE:WTB).

03 Mar 2022 | 25 Feb 2021 | 27 Feb 2020 | 28 Feb 2019 | |
---|---|---|---|---|

Net Income | 42.5M | -906.5M | 217.9M | 3.73B |

Depreciation | 326.9M | 276.6M | 249M | 306.6M |

Change To Netincome | -43.2M | 315M | -188.5M | -3.49B |

Change To Account Receivables | -45.4M | 27.8M | -4.1M | -57.6M |

Change To Liabilities | 235.2M | -129.1M | -60.8M | 54.9M |

Change To Inventory | -7.3M | 1.5M | 900k | -2.1M |

Total Cash From Operating Activities | 508.7M | -391.1M | 234.2M | 603.2M |

Capital Expenditures | -200.4M | -217.4M | -372.7M | -479.6M |

Investments | -1.4M | -1.3M | -1.3M | -6.9M |

Other Cashflows From Investing Activities | -1.8M | -1.8M | -2M | 3.81B |

Total Cashflows From Investing Activities | -204.6M | -228M | -575.8M | 3.26B |

Net Borrowings | -431M | 400M | -73.1M | -203.1M |

Other Cashflows From Financing Activities | 2M | -41M | 1M | 1M |

Total Cash From Financing Activities | -427.1M | 1.37B | -2.55B | -551.9M |

Effect Of Exchange Rate | -600k | 1.4M | -8.1M | -300k |

Change In Cash | -123.6M | 753.4M | -2.9B | 3.31B |

Issuance Of Stock | 1.9M | 1.01B | 9.5M | 8.5M |