Corporación Inmobiliaria Vesta, S.A.B. de C.V. (BMV:VESTA)

BMV:VESTA Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	113.35	223.35	316.64	243.62	173.94	66.96
Depreciation & Amortization	1.82	1.42	1.58	1.46	1.6	1.48
Other Amortization	2.32	2.32	1.97	1.54	4.78	1.13
Gain (Loss) on Sale of Assets	-2.32	-2.62	0.46	-5.03	-13.99	-
Asset Writedown	-147.45	-270.75	-243.46	-185.49	-164.65	-45.37
Stock-Based Compensation	9.08	8.98	8	6.65	5.55	3.68
Change in Accounts Receivable	8.22	5.42	-2.41	1.35	-2.68	1.91
Change in Accounts Payable	-23.21	-8.51	0	-1.62	-0.23	-0.71
Change in Other Net Operating Assets	29.82	20.92	12.14	-23.06	5.81	1.33
Other Operating Activities	187.24	168.14	53.65	36.49	102.3	74.67
Operating Cash Flow	155.61	129.71	144.8	65.21	107.93	100.57
Operating Cash Flow Growth	37.61%	-10.42%	122.03%	-39.58%	7.32%	-2.68%
Acquisition of Real Estate Assets	-257.34	-231.74	-265.13	-269.44	-108.61	-73.35
Sale of Real Estate Assets	4.27	5.07	42.06	7.29	124.57	-
Net Sale / Acq. of Real Estate Assets	-253.07	-226.67	-223.07	-262.16	15.95	-73.35
Other Investing Activities	-0.1	-	-	-	-	-
Investing Cash Flow	-253.17	-226.67	-223.07	-262.16	15.95	-73.35
Long-Term Debt Issued	-	-	-	-	350	125
Long-Term Debt Repaid	-	-70.4	-17.4	-0.65	-253.06	-1.33
Net Debt Issued (Repaid)	-114.8	-70.4	-17.4	-0.65	96.94	123.67
Issuance of Common Stock	-	-	594.38	-	229.22	-
Repurchase of Common Stock	-44.17	-44.17	-	-15.6	-	-14.8
Common Dividends Paid	-64.67	-63.67	-59.51	-57.02	-55.37	-53.98
Other Financing Activities	-83.75	-47.65	-72.73	-46.51	-58.24	-37.99
Foreign Exchange Rate Adjustments	8.7	5.8	-4.45	3.05	-4.15	1.34
Net Cash Flow	-396.35	-317.05	362.02	-313.67	332.28	45.48
Cash Interest Paid	42.39	42.09	45.03	44.84	44.47	37.99
Cash Income Tax Paid	43.01	75.01	64.1	55	27.06	24.09
Levered Free Cash Flow	119.49	72.46	103.05	26.72	95.1	56.09
Unlevered Free Cash Flow	143.45	96.35	128.79	53.2	118.74	78.67
Change in Net Working Capital	-12.72	31.21	-20.37	43.32	-31.4	1.32

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