FIBRA Macquarie México Cash Flow Statement

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

Millions MXN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	-1,435	-2,383	11,924	3,967	2,848	7,792
Depreciation & Amortization	133.17	132.97	135.06	134.45	83.64	79.74
Other Amortization	126.65	126.13	113.34	103.6	95.42	91.57
Gain (Loss) on Sale of Assets	-48.27	-48.34	-	-	-	-
Gain (Loss) on Sale of Investments	-52.62	217.02	-388.26	-10.33	-114.58	-241.61
Asset Writedown	-35.67	659.75	-3,717	-5,173	-1,987	-4,768
Income (Loss) on Equity Investments	-143.4	-100.12	-126.91	-116.55	-84.77	-64.02
Change in Accounts Receivable	-446.49	-653.51	-221.22	-47.18	-87	-20.87
Change in Other Net Operating Assets	66.89	12.24	71.69	-329.9	-43.04	-312.92
Other Operating Activities	4,769	4,840	-4,341	4,271	2,511	240.62
Operating Cash Flow	3,022	2,886	3,509	2,839	3,275	2,824
Operating Cash Flow Growth	-16.62%	-17.76%	23.59%	-13.31%	15.95%	-21.63%
Acquisition of Real Estate Assets	-2,529	-2,041	-1,974	-1,674	-1,832	-924.87
Sale of Real Estate Assets	257.62	257.62	-	-	-	-
Net Sale / Acq. of Real Estate Assets	-2,272	-1,783	-1,974	-1,674	-1,832	-924.87
Investment in Marketable & Equity Securities	-49.96	32	111.86	104.32	99.47	54.86
Other Investing Activities	147.29	142.87	28.91	46.28	23.36	12.31
Investing Cash Flow	-2,174	-1,608	-1,833	-1,523	-1,709	-857.7
Long-Term Debt Issued	-	5,927	4,401	5,260	6,789	197.73
Long-Term Debt Repaid	-	-2,959	-2,653	-4,293	-5,515	-5.15
Net Debt Issued (Repaid)	-805.84	2,968	1,749	967.33	1,275	192.58
Repurchase of Common Stock	-	-	-	-	-	-7.84
Common Dividends Paid	-1,953	-1,814	-432.34	-2,230	-1,485	-1,447
Other Financing Activities	-1,447	-1,408	-1,024	-881.92	-855.49	-859.39
Foreign Exchange Rate Adjustments	422.44	425.09	-76.18	67.09	9.2	-18.69
Net Cash Flow	-2,936	1,449	171.68	-760.96	509.97	-173.43
Cash Interest Paid	1,408	1,408	1,024	881.92	855.49	859.39
Levered Free Cash Flow	1,943	545.66	128.25	-144.75	813.83	356.52
Unlevered Free Cash Flow	2,765	1,555	708	487.69	1,242	854.05
Change in Working Capital	-379.6	-641.27	-149.53	-377.08	-130.04	-333.79

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