Advance Terrafund REIT Cash Flow Statement

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

Millions BGN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	2018 - 2014
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	2018 - 2014
Net Income	14.81	10.04	102.86	52.39	7.32	3.44	Upgrade
Other Operating Activities	-19.08	-3.05	-88.41	-1.43	2.77	10.11	Upgrade
Operating Cash Flow	-4.27	6.99	14.45	50.96	10.1	13.54	Upgrade
Operating Cash Flow Growth	-	-51.62%	-71.64%	404.74%	-25.45%	-	Upgrade
Common Dividends Paid	-16.74	-20.26	-44.14	-9.1	-11.73	-3.97	Upgrade
Other Financing Activities	-0.33	-0.33	-0.72	-0.15	-0.17	-0.06	Upgrade
Net Cash Flow	-21.34	-13.6	-30.4	41.71	-1.8	9.51	Upgrade
Levered Free Cash Flow	3.19	17.71	-31.79	45.84	0.58	10.96	Upgrade
Unlevered Free Cash Flow	3.19	17.71	-31.79	45.85	0.58	10.97	Upgrade
Change in Net Working Capital	1.42	-16.14	40.31	-35.18	2.24	-7.61	Upgrade

Source: S&P Capital IQ. Real Estate template. Financial Sources.