$RTO
RENTOKIL INITIAL PLC /FI
CIK:0000930157|SEC Filings
Consolidated Cash Flow Statement - USD ($) $ in Millions |
12 Months Ended | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
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| Cash flows from operating activities | |||||||||||
| Operating profit from continuing operations | $ 584 | $ 644 | [1],[2] | $ 727 | [1],[2] | ||||||
| Operating profit from discontinued operations | 74 | 57 | [2] | 50 | [2] | ||||||
| Operating profit including discontinued operations | 658 | 701 | [2] | 777 | [2] | ||||||
| Adjustments for: | |||||||||||
| Depreciation and impairment of property, plant and equipment | 167 | 204 | [2] | 191 | [2] | ||||||
| Depreciation and impairment of leased assets | 160 | 157 | [2] | 150 | [2] | ||||||
| Amortisation and impairment of intangible assets (excluding computer software) | 199 | 254 | [2] | 218 | [2] | ||||||
| Amortisation and impairment of computer software | 37 | 33 | [2] | 32 | [2] | ||||||
| Other non-cash items | 15 | 23 | [2] | 32 | [2] | ||||||
| Changes in working capital (excluding the effects of acquisitions and exchange differences on consolidation): | |||||||||||
| Inventories | (27) | (15) | [2] | (18) | [2] | ||||||
| Contract costs | (51) | (18) | [2] | (24) | [2] | ||||||
| Trade and other receivables | (20) | (48) | [2] | (36) | [2] | ||||||
| Trade and other payables and provisions | 162 | (129) | [2] | (76) | [2] | ||||||
| Interest received | 31 | 46 | [2] | 31 | [2] | ||||||
| Interest paid | [3] | (255) | (229) | [2] | (237) | [2] | |||||
| Income tax paid | (104) | (111) | [2] | (124) | [2] | ||||||
| Net cash flows from operating activities | 972 | 868 | [2] | 916 | [2] | ||||||
| Cash flows from investing activities | |||||||||||
| Purchase of property, plant and equipment | (208) | (219) | [2] | (207) | [2] | ||||||
| Purchase of intangible fixed assets | (61) | (56) | [2] | (55) | [2] | ||||||
| Proceeds from sale of property, plant and equipment | 20 | 5 | [2] | 17 | [2] | ||||||
| Acquisition of companies and businesses, net of cash acquired | (121) | (219) | [2] | (298) | [2] | ||||||
| Disposal of investment in associate | [2] | 24 | |||||||||
| Proceeds from disposal of businesses, net of tax paid | 391 | ||||||||||
| Dividends received from associates | 5 | 14 | [2] | 5 | [2] | ||||||
| Net change to cash flow from investment in term deposits | [2] | (1) | |||||||||
| Net cash flows from investing activities | 26 | (476) | [2] | (514) | [2] | ||||||
| Cash flows from financing activities | |||||||||||
| Dividends paid to equity shareholders | (304) | (292) | [2] | (252) | [2] | ||||||
| Capital element of lease payments | (192) | (185) | [2] | (195) | [2] | ||||||
| Cash outflow on settlement of debt-related foreign exchange forward contracts | (9) | (11) | [2] | (4) | [2] | ||||||
| Proceeds from new debt | 1,232 | 0 | |||||||||
| Debt repayments | (700) | (464) | [2] | ||||||||
| Net cash flows from financing activities | 27 | (952) | [2] | (451) | [2] | ||||||
| Net increase/(decrease) in cash and cash equivalents | 1,025 | (560) | [2] | (49) | [2] | ||||||
| Cash and cash equivalents at beginning of period | [2] | 467 | 1,062 | 1,064 | |||||||
| Exchange gain/(loss) on cash and cash equivalents | 97 | (35) | [2] | 47 | [2] | ||||||
| Cash and cash equivalents at end of the financial period | $ 1,589 | $ 467 | [2] | $ 1,062 | [2] | ||||||
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Consolidated Balance Sheet - USD ($) $ in Millions |
Dec. 31, 2025 |
Dec. 31, 2024 |
[1] | Dec. 31, 2023 |
[1] | ||
|---|---|---|---|---|---|---|---|
| Non-current assets | |||||||
| Intangible assets | $ 8,917 | $ 8,899 | $ 8,970 | ||||
| Property, plant and equipment | 445 | 628 | 636 | ||||
| Right-of-use assets | 576 | 577 | 576 | ||||
| Investments in associated undertakings | 41 | 46 | 56 | ||||
| Other investments | 25 | 26 | 27 | ||||
| Deferred tax assets | 55 | 43 | 55 | ||||
| Contract costs | 337 | 298 | 285 | ||||
| Retirement benefit assets | 6 | 4 | 4 | ||||
| Trade and other receivables | 52 | 71 | 57 | ||||
| Derivative financial instruments | 121 | 8 | 72 | ||||
| Non current assets | 10,575 | 10,600 | 10,738 | ||||
| Current assets | |||||||
| Other investments | 2 | 1 | 1 | ||||
| Inventories | 308 | 287 | 264 | ||||
| Trade and other receivables | 1,151 | 1,137 | 1,121 | ||||
| Current tax assets | 18 | 28 | 42 | ||||
| Derivative financial instruments | 61 | 18 | |||||
| Cash and cash equivalents | 2,319 | 1,158 | 1,989 | ||||
| Current assets | 3,859 | 2,611 | 3,435 | ||||
| Current liabilities | |||||||
| Trade and other payables | (1,392) | (1,400) | (1,457) | ||||
| Current tax liabilities | (61) | (53) | (61) | ||||
| Provisions for liabilities and charges | (275) | (144) | (119) | ||||
| Bank and other short-term borrowings | (1,411) | (1,460) | (1,444) | ||||
| Lease liabilities | (171) | (163) | (162) | ||||
| Derivative financial instruments | (5) | (4) | (41) | ||||
| Current liabilities | (3,315) | (3,224) | (3,284) | ||||
| Net current assets/(liabilities) | 544 | (613) | 151 | ||||
| Non-current liabilities | |||||||
| Other payables | (46) | (86) | (90) | ||||
| Bank and other long-term borrowings | (4,156) | (3,127) | (4,016) | ||||
| Lease liabilities | (392) | (394) | (405) | ||||
| Deferred tax liabilities | (589) | (638) | (659) | ||||
| Retirement benefit obligations | (27) | (32) | (36) | ||||
| Provisions for liabilities and charges | (397) | (381) | (455) | ||||
| Derivative financial instruments | (18) | (36) | (20) | ||||
| Non current liabilities | (5,625) | (4,694) | (5,681) | ||||
| Net assets | 5,494 | 5,293 | 5,208 | ||||
| Equity Capital and reserves attributable to the Company's equity holders | |||||||
| Share capital | 41 | 41 | 41 | ||||
| Share premium | 21 | 20 | 19 | ||||
| Other reserves | (946) | (932) | (903) | ||||
| Retained earnings | 6,380 | 6,166 | 6,053 | ||||
| Equity attributable to owners of parent | 5,496 | 5,295 | 5,210 | ||||
| Non-controlling interests | (2) | (2) | (2) | ||||
| Total equity | $ 5,494 | $ 5,293 | $ 5,208 | ||||
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