RAM Essential Services Property Fund (ASX:REP)

ASX:REP Cash Flow Statement

Financials in millions AUD. Fiscal year is July - June.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2025	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022
Net Income	4.83	-5.53	-11.36	-15.66	42.54
Depreciation & Amortization	7.86	7.86	4.87	4.07	4.42
Other Amortization	0.78	0.78	1.71	1.25	-
Gain (Loss) on Sale of Assets	4.31	4.31	3.21	-	-3.35
Asset Writedown	22.51	22.51	33.98	38.86	-51.57
Change in Accounts Receivable	-0.48	-0.48	-2.61	-3.16	0.33
Change in Accounts Payable	0.42	0.42	3.22	-4.79	-10.11
Change in Other Net Operating Assets	-0.02	-0.02	2.37	-2.94	-5.51
Other Operating Activities	-20.52	-5.41	-3.9	2.1	28.32
Operating Cash Flow	19.68	24.43	31.5	19.72	5.07
Operating Cash Flow Growth	-53.19%	-22.44%	59.72%	289.32%	-
Acquisition of Real Estate Assets	-40.04	-50.66	-16.07	-35.5	-177.06
Sale of Real Estate Assets	23.24	71.83	34.85	-	19.33
Net Sale / Acq. of Real Estate Assets	-16.8	21.18	18.78	-35.5	-157.73
Investing Cash Flow	-16.8	21.18	18.78	-35.5	-157.73
Long-Term Debt Issued	-	55.3	12.3	43.15	-
Long-Term Debt Repaid	-	-73.04	-29.22	-	-18.77
Net Debt Issued (Repaid)	27.97	-17.73	-16.92	43.15	-18.77
Issuance of Common Stock	-	-	-	-	192.7
Repurchase of Common Stock	-1.99	-6.48	-6.34	-	-
Common Dividends Paid	-25.14	-26.07	-28.84	-30.27	-13.27
Other Financing Activities	-0.46	-0.35	-0.72	-0.98	-
Miscellaneous Cash Flow Adjustments	-	-	-	-	7.83
Net Cash Flow	3.26	-5.02	-2.54	-3.87	15.82
Cash Interest Paid	14.29	14.29	9.84	9.73	3.29
Levered Free Cash Flow	18.61	59.17	-24.47	0.72	-
Unlevered Free Cash Flow	28.79	69.45	-15.08	6.42	-
Change in Working Capital	-0.07	-0.07	2.99	-10.89	-15.29

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.