MERLIN Properties SOCIMI, S.A. (BME:MRL)
Spain · Delayed Price · Currency is EUR 14.75
-0.31 (-2.06%)
Aug 3, 2026, 5:35 PM CET
MERLIN Properties SOCIMI Cash Flow Statement
Financials in millions EUR. Fiscal year is January - December.
Millions EUR. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 | 915.13 | 813.25 | 295.95 | -74.99 | 48.16 | 403.17 |
Depreciation & Amortization | 5.95 | 5.04 | 4.35 | 2.08 | 1.89 | 1.86 |
Other Adjustments | -401.65 | -419.07 | 69.93 | 434.28 | 281.89 | -116.46 |
Change in Receivables | -1.83 | - | - | -12.76 | -1.68 | -5.7 |
Changes in Inventories | -0.54 | - | - | -6.47 | -5.81 | -5.26 |
Changes in Accounts Payable | -86.25 | - | - | 5.35 | 19.61 | -30.55 |
Changes in Other Operating Activities | 1.61 | -97.14 | -85.27 | -119.52 | -121.89 | -16.6 |
Operating Cash Flow | 423.6 | 415.6 | 316.78 | 227.97 | 222.16 | 162.46 |
Operating Cash Flow Growth | 29.77% | 31.19% | 38.96% | 2.61% | 36.74% | 20.65% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Capital Expenditures | -1,111 | -684.14 | -312.2 | -309.27 | -370.81 | -184.72 |
Sale of Property, Plant & Equipment | 24.22 | 127.75 | 71.28 | 40.78 | 109.4 | 101.35 |
Purchases of Intangible Assets | - | - | - | -0.91 | -1.07 | -1.34 |
Purchases of Investments | - | - | - | - | - | 8.71 |
Proceeds from Sale of Investments | 0.99 | - | - | - | 1,987 | 75.56 |
Cash Acquisitions | -20.08 | -19.92 | -53.47 | -5.35 | -5.59 | -0 |
Other Investing Activities | - | - | - | - | -535.08 | 110.69 |
Investing Cash Flow | -775.26 | -576.31 | -294.38 | -274.75 | 1,184 | -0.45 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Long-Term Debt Issued | - | 688.29 | 396.82 | 1,022 | 106.09 | 494.65 |
Long-Term Debt Repaid | -0.38 | -628.95 | -13.65 | -744.41 | -1,400 | -0.71 |
Net Long-Term Debt Issued (Repaid) | -0.38 | 59.35 | 383.18 | 277.22 | -1,294 | 493.94 |
Issuance of Common Stock | 753.27 | - | 899.49 | - | - | - |
Repurchase of Common Stock | - | -113.05 | -108.45 | 0.42 | -0.14 | -0.01 |
Net Common Stock Issued (Repurchased) | 753.27 | -113.05 | 791.04 | 0.42 | -0.14 | -0.01 |
Common Dividends Paid | -248.8 | -123.32 | -105.17 | -207.02 | -561.93 | -210.1 |
Other Financing Activities | 8.22 | - | - | 7.95 | 155.59 | -9.83 |
Financing Cash Flow | 1,074 | -177.02 | 1,069 | 78.56 | -1,700 | 335.39 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 Cash Flow | 722.5 | -337.73 | 1,091 | 31.77 | -294.03 | 497.4 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Free Cash Flow | -687.27 | -268.54 | 4.59 | -81.31 | -148.65 | -22.26 |
Free Cash Flow Growth | - | - | - | - | - | - |
FCF Margin | -80.99% | -50.39% | 0.94% | -17.32% | -33.66% | -5.75% |
Free Cash Flow Per Share | -1.19 | -0.48 | 0.01 | -0.17 | -0.32 | -0.05 |
Levered Free Cash Flow | -338.32 | 69.23 | 273.82 | -234.12 | -1,508 | 770.89 |
Unlevered Free Cash Flow | 83.91 | 82.27 | -48.42 | -393.6 | -410.71 | 228.12 |