Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 29, 2026	Mar. 30, 2025
Operating activities
Net income	$ 3.6	$ 5.5
Net loss from discontinued operations	0.2	0.0
Net income from continuing operations	3.8	5.5
Adjustments to reconcile net income to net cash provided / (used) by operating activities
Depreciation	2.1	2.2
Depreciation of right of use assets	0.4	0.7
Amortization of purchased intangible assets	0.2	0.2
Amortization of debt issuance costs	0.1	0.1
Share-based compensation charges	0.9	0.9
Deferred income taxes	(0.2)	0.1
Defined benefit pension credit	(0.1)	(0.6)
Changes in assets and liabilities
Accounts and other receivables	(10.1)	1.0
Inventories	(8.8)	(1.6)
Current assets held-for-sale	(0.5)	(1.8)
Prepayments and accrued income	0.7	0.1
Accounts payable	3.2	(4.4)
Accrued liabilities	3.1	(0.8)
Current liabilities held-for-sale	(0.4)	(2.4)
Other current liabilities	(2.5)	(2.5)
Other non-current assets and liabilities	(1.8)	(1.3)
Net cash (used) / provided by operating activities - continuing	(4.1)	5.2
Net cash used by operating activities - discontinued	0.0	0.2
Net cash (used) / provided by operating activities	(4.1)	5.4
Investing activities
Capital expenditures	(2.0)	(1.2)
Net cash used by investing activities - continuing	(2.0)	(1.2)
Net cash used by investing activities - discontinued	(0.1)	(0.2)
Net cash used by investing activities	(2.1)	(1.4)
Financing activities
Net repayment of bank overdraft	0.0	(2.0)
Gross drawdowns of borrowings greater than three months	22.2	0.0
Gross repayments of borrowings greater than three months	(13.4)	0.0
Net drawdowns of borrowings less than three months	9.5	2.2
Repurchase of own shares	(0.7)	(0.5)
Share-based compensation cash paid	(1.5)	(0.4)
Dividends paid	(3.5)	(3.5)
Net cash provided / (used) by financing activities	12.6	(4.2)
Net increase	6.4	0.0
Cash, cash equivalents and restricted cash; beginning of year	10.7	6.3
Cash, cash equivalents and restricted cash; end of the First quarter	17.1	6.3
Effect of exchange rate changes on cash and cash equivalents	0.0	0.2
Supplemental cash flow information:
Interest payments	0.6	0.8
Income tax payments, net	$ 0.2	$ 0.2

LUXFER HOLDINGS PLC 10-Q