ATH:PRODEA 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 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	10.37	124.54	87.08	128.65	177.89
Depreciation & Amortization	8.28	7.9	0.5	0.55	0.52
Other Amortization	0.02	0.03	0	-	0.03
Gain (Loss) on Sale of Assets	50.43	-2.56	-5.89	-1.37	-0.2
Gain (Loss) on Sale of Investments	16.84	4.9	7.29	-2.44	0.21
Asset Writedown	-66.81	-76.74	-39.34	-55.57	-93.04
Income (Loss) on Equity Investments	0.31	-3.25	0.13	-0.93	-20.3
Change in Accounts Receivable	-1.12	3.81	9.31	6.43	2.63
Change in Other Net Operating Assets	0.36	16.27	-19.7	-11.03	-8.72
Other Operating Activities	5.86	-30.18	-5.24	0.35	-1.8
Net Cash from Discontinued Operations	-	-	-	-	1.39
Operating Cash Flow	30.81	41.59	21.93	90.58	46.06
Operating Cash Flow Growth	-25.91%	89.63%	-75.79%	96.65%	-34.56%
Acquisition of Real Estate Assets	-102.31	-77.8	-111.14	-176.54	-59.27
Sale of Real Estate Assets	437.33	209.86	224.28	4.01	76.2
Net Sale / Acq. of Real Estate Assets	335.02	132.06	113.15	-172.53	16.94
Cash Acquisition	-86.96	-89.4	-15.97	-21.65	-25.05
Investment in Marketable & Equity Securities	-6.29	-18	-4.79	-9.45	-42.12
Other Investing Activities	1.14	2.82	1.57	0.35	0.16
Investing Cash Flow	406.45	73.04	103.42	-157.38	-29.43
Long-Term Debt Issued	672.23	393.09	169.12	303.26	608.44
Long-Term Debt Repaid	-732.67	-393.28	-211.69	-233.55	-342.9
Net Debt Issued (Repaid)	-60.43	-0.19	-42.58	69.71	265.54
Issuance of Common Stock	-	10.4	0.01	-	-
Repurchase of Common Stock	-	-	-	-30.78	-74.09
Common Dividends Paid	-117.6	-155.83	-66.27	-72.15	-82.74
Other Financing Activities	-92.07	-2.88	-1.13	-21.2	70.36
Foreign Exchange Rate Adjustments	0.01	-0.01	-0.04	-0.13	-0.04
Net Cash Flow	167.18	-33.89	15.35	-121.35	195.66
Cash Interest Paid	63.96	68.69	65.64	36.85	28.24
Cash Income Tax Paid	14.73	15.32	8.45	2.71	2.46
Levered Free Cash Flow	55.32	-648.35	-28.06	60.16	226.79
Unlevered Free Cash Flow	93.11	-605.39	13.41	83.64	245.07
Change in Working Capital	5.52	16.94	-22.61	21.34	-18.64

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