Ble Kedros REIC Cash Flow Statement

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2019
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '19 Dec 31, 2019
Net Income	13.4	9.06	7.68	1.94	17.47
Depreciation & Amortization	0	0	0	0	0
Other Amortization	-	0	0	0	-
Gain (Loss) on Sale of Assets	-5.2	-	0.36	-	-
Asset Writedown	-4.65	-2.58	-5.99	-2.51	-13.94
Change in Accounts Receivable	11.77	-21.02	-0.36	-0.14	-0.05
Change in Other Net Operating Assets	-4.93	12.77	-0.22	-0.66	-0.57
Other Operating Activities	2.14	2.62	2.35	6.55	-0.17
Operating Cash Flow	12.54	0.85	3.82	5.2	2.75
Operating Cash Flow Growth	1370.15%	-77.68%	-26.51%	88.94%	-45.80%
Acquisition of Real Estate Assets	-4.16	-3.02	-5.93	-4.48	-3.61
Sale of Real Estate Assets	0.95	-	0	-	0.06
Net Sale / Acq. of Real Estate Assets	-3.21	-3.02	-5.92	-4.48	-3.55
Investment in Marketable & Equity Securities	18.9	-	-	-	-
Other Investing Activities	0.01	-	0	-	-
Investing Cash Flow	15.7	-3.02	-5.92	-4.48	-3.55
Long-Term Debt Issued	0.5	13.84	-	5	-
Long-Term Debt Repaid	-5.9	-9.44	-0.97	-5.93	-0.84
Net Debt Issued (Repaid)	-5.4	4.4	-0.97	-0.93	-0.84
Issuance of Common Stock	-	-	-	16.2	2.61
Repurchase of Common Stock	-0.89	-0.99	-8.12	-1.16	-1.03
Common Dividends Paid	-2.17	-1.56	-	-4.19	-
Other Financing Activities	-6.76	-	-	-0.03	-
Miscellaneous Cash Flow Adjustments	0	-	0	-	0
Net Cash Flow	13.02	-0.31	-11.19	10.61	-0.05
Cash Interest Paid	-	0.24	0.11	0.16	0.11
Cash Income Tax Paid	-	0.34	0.83	0.08	0.5
Levered Free Cash Flow	0.34	3.03	4.95	-	1.26
Unlevered Free Cash Flow	0.59	3.22	4.95	-	1.33
Change in Working Capital	6.85	-8.24	-0.58	-0.79	-0.62

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