Meridia Real Estate III, SOCIMI, S.A. (BME:YMRE)

BME:YMRE 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	-13.06	-2.62	72.32	15.71	10.58
Depreciation & Amortization	4.37	4.31	3.21	4.34	3.88
Gain (Loss) on Sale of Assets	-0.09	-7.89	-95.54	-30.29	-10.59
Asset Writedown	3.61	1.89	6.11	5.09	-2.72
Change in Accounts Receivable	2.85	-3.39	0.03	3.12	-18.02
Change in Accounts Payable	-	-	-	-	13.73
Change in Other Net Operating Assets	-0.42	-2.2	-3.36	-13.34	-0.78
Other Operating Activities	0.66	-3.73	12.79	-10.42	-3.23
Operating Cash Flow	-6.6	-21.87	-8.68	-26.53	-7.3
Acquisition of Real Estate Assets	-4.86	-2.25	-44.22	-60.98	-42.54
Sale of Real Estate Assets	0.15	34.58	132.55	-	15.28
Net Sale / Acq. of Real Estate Assets	-4.7	32.33	88.33	-60.98	-27.26
Cash Acquisition	-	-	-	-	-13.75
Investment in Marketable & Equity Securities	-0.32	3.64	1.25	-0.28	-2.31
Investing Cash Flow	-5.02	35.97	137.67	39.94	-23.98
Short-Term Debt Issued	0.09	1.02	-	2.91	8.4
Long-Term Debt Issued	30.31	26.35	41.93	56.49	49.27
Total Debt Issued	30.39	27.37	41.93	59.4	57.67
Short-Term Debt Repaid	-	-6.62	-15.7	-33.97	-14.66
Long-Term Debt Repaid	-3.3	-23.91	-34.53	-37.12	-9.25
Total Debt Repaid	-3.3	-30.53	-50.23	-71.09	-23.91
Net Debt Issued (Repaid)	27.09	-3.16	-8.31	-11.68	33.76
Issuance of Common Stock	0.02	0.05	0.11	0.13	0.06
Repurchase of Common Stock	-0.07	-13.05	-36.52	-0.01	-0.06
Common Dividends Paid	-	-6.2	-71.35	-18.44	-
Net Cash Flow	15.42	-8.26	12.91	-16.58	2.48
Cash Interest Paid	6.44	10.19	2.58	18.67	11.51
Cash Income Tax Paid	0.26	0.57	-	0.82	-
Levered Free Cash Flow	-10.97	-1.15	-37.01	-9.09	-9.94
Unlevered Free Cash Flow	-6.35	3.01	-30.29	-1.83	-4.99
Change in Working Capital	-2.09	-13.82	-7.57	-10.96	-5.22

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