General de Galerías Comerciales SOCIMI, S.A. (BME:GGC)

BME:GGC Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	126.95	115.77	91.9	104.48	78.74
Depreciation & Amortization	11.84	11.82	11.31	11.86	11.63
Other Amortization	0	0	0	0	0
Gain (Loss) on Sale of Assets	-	-	-	-0.15	-
Asset Writedown	2.42	-3.28	-1.49	-5.42	-12.8
Change in Accounts Receivable	12.32	-8.11	-3.61	4.91	-12.73
Change in Other Net Operating Assets	-6.59	9.01	-4.74	2.06	-4.41
Other Operating Activities	-2.83	-33.74	31.01	-2.17	-0.5
Operating Cash Flow	114.69	86.55	120.47	117.69	64.04
Operating Cash Flow Growth	32.52%	-28.16%	2.36%	83.79%	-73.06%
Acquisition of Real Estate Assets	-6.04	-40.27	-2.61	-1.48	-30.84
Sale of Real Estate Assets	-	-	0	0.43	-
Net Sale / Acq. of Real Estate Assets	-6.04	-40.27	-2.6	-1.06	-30.84
Investment in Marketable & Equity Securities	-62.65	42.7	-58.7	-6.97	10.53
Investing Cash Flow	-68.7	2.42	-61.31	-8.03	-20.3
Short-Term Debt Issued	0.04	0.02	0.02	0.02	0.04
Long-Term Debt Issued	1.33	1.93	1.25	140.84	70.53
Total Debt Issued	1.36	1.96	1.27	140.86	70.57
Long-Term Debt Repaid	-35	-36.17	-20.15	-172.34	-8.42
Net Debt Issued (Repaid)	-33.64	-34.21	-18.88	-31.48	62.16
Issuance of Common Stock	0	0.01	0.01	0.01	-
Repurchase of Common Stock	-	-0.02	-0.01	-0.32	-
Common Dividends Paid	-	-	-83.72	-63.18	-128.96
Miscellaneous Cash Flow Adjustments	-0.01	-	-	-	-
Net Cash Flow	12.34	54.74	-43.43	14.69	-23.07
Cash Interest Paid	0.6	0.35	0.36	0.91	0.72
Cash Income Tax Paid	41.65	61.38	3.06	0.06	0.11
Levered Free Cash Flow	92.9	25.42	122.39	81.79	34.14
Unlevered Free Cash Flow	93.28	25.64	122.62	82.3	34.64
Change in Net Working Capital	13.5	62.73	-36.7	-8.5	16.91

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