LEG Immobilien SE 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	1,458	66	-1,569	234	1,722
Depreciation & Amortization	23.4	21.5	17.2	20.6	18.1
Gain (Loss) on Sale of Assets	1.7	1.7	2.8	0.4	-
Asset Writedown	-568.9	225.3	2,423	-88.6	-1,864
Income (Loss) on Equity Investments	10.5	8.8	6.9	-	-
Change in Accounts Receivable	61	-4.1	-37.4	-68.1	-30.7
Change in Other Net Operating Assets	-71.2	-16.2	17.8	-14.3	52.5
Other Operating Activities	-452.3	133.5	-413.5	305	455.9
Operating Cash Flow	462.4	436.5	447.9	389	353.7
Operating Cash Flow Growth	5.93%	-2.54%	15.14%	9.98%	8.46%
Acquisition of Real Estate Assets	-296.8	-325.7	-402.6	-826.1	-1,360
Sale of Real Estate Assets	134.2	204.2	84.7	39.8	37.2
Net Sale / Acq. of Real Estate Assets	-162.6	-121.5	-317.9	-786.3	-1,323
Cash Acquisition	-166.3	-3.5	-15.9	-9.2	-1,284
Investment in Marketable & Equity Securities	546.8	-479	-87.7	-263.3	-145.4
Investing Cash Flow	232.9	-604.2	-421.5	-1,059	-2,752
Long-Term Debt Issued	877.2	994.8	699.3	1,993	3,176
Long-Term Debt Repaid	-975.9	-627.6	-802.9	-1,449	-250.5
Net Debt Issued (Repaid)	-98.7	367.2	-103.6	544.1	2,926
Common Dividends Paid	-124.7	-153.2	-	-183.3	-185.6
Other Financing Activities	-22.3	-16.9	-7.5	-4.4	-1.7
Net Cash Flow	449.6	29.4	-84.7	-313.4	340.2
Cash Interest Paid	166.4	159.7	140.8	114	86.7
Cash Income Tax Paid	2.7	2.5	3	10.5	4
Levered Free Cash Flow	842.11	-271.35	133.67	193.51	162.93
Unlevered Free Cash Flow	979.36	-148.35	236.79	282.88	238.99
Change in Working Capital	-10.2	-20.3	-19.6	-82.4	21.8

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