RDC Properties Cash Flow Statement

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

Millions BWP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	192.26	123.93	101.04	137.3	629.33
Depreciation & Amortization	-	6.51	7.17	8.31	2.48
Gain (Loss) on Sale of Investments	-	24.12	19.71	-	-
Asset Writedown	-	-108.48	-106.92	-97.52	-36.63
Income (Loss) on Equity Investments	-	-13.27	-0.54	-	0.41
Change in Accounts Receivable	-	-9.33	12.21	2.58	-8.17
Change in Accounts Payable	-	-12.4	-0.18	-7.02	30.79
Other Operating Activities	234.45	353.92	284.84	206.83	-515.21
Operating Cash Flow	426.71	365	317.33	250.49	103
Operating Cash Flow Growth	16.91%	15.02%	26.69%	143.18%	16.74%
Acquisition of Real Estate Assets	-	-48.75	-30.64	-42.99	-410.47
Sale of Real Estate Assets	-	99.74	102.63	50.81	-
Net Sale / Acq. of Real Estate Assets	-	50.99	72	7.83	-410.47
Cash Acquisition	-	-	-	-	-816.14
Investment in Marketable & Equity Securities	-	-	-1.36	-0.56	15.57
Other Investing Activities	165.96	5.58	14.05	82.92	29.02
Investing Cash Flow	165.96	50.12	90.79	90.19	-1,182
Long-Term Debt Issued	-	237.24	274.83	489.81	532.77
Long-Term Debt Repaid	-	-254.78	-377.85	-557.01	-16.62
Net Debt Issued (Repaid)	-	-17.54	-103.02	-67.19	516.15
Issuance of Common Stock	-	-	-	-	669.56
Common Dividends Paid	-105.77	-41.51	-32.32	-76.97	-25.51
Other Financing Activities	-321.73	-291.45	-259.91	-228.25	-81.24
Foreign Exchange Rate Adjustments	-46.13	-23.36	-19.84	-25.29	-21.18
Net Cash Flow	119.04	41.26	-6.97	-57.03	-21.23
Cash Interest Paid	-	239.63	241.62	212.23	68.6
Cash Income Tax Paid	-	5.26	6.8	9.63	1.26
Levered Free Cash Flow	312.4	54.19	-92.81	36	-92.6
Unlevered Free Cash Flow	452.26	215.31	68.23	144.27	-49.73
Change in Working Capital	-	-21.73	12.04	-4.44	22.62

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