Prime Office A/S (CPH:PRIMOF)

Prime Office Cash Flow Statement

Financials in millions DKK. 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	59.65	55.22	109.02	153.34	146.23
Depreciation & Amortization	0.02	0.04	0.07	0.11	0.12
Asset Writedown	-28.75	-31.37	-80.25	-186.92	-190.52
Change in Accounts Receivable	-4.23	24.11	-8.88	2.24	-7.44
Change in Other Net Operating Assets	34.83	13.07	10.14	-6.71	7.8
Other Operating Activities	37.2	51.22	49.88	120.51	115.09
Operating Cash Flow	98.72	112.29	79.97	82.57	71.27
Operating Cash Flow Growth	-12.08%	40.42%	-3.14%	15.84%	-55.76%
Acquisition of Real Estate Assets	-559.47	-74.42	-53.82	-22.35	-10.89
Sale of Real Estate Assets	25.63	34.28	11.71	24.87	24.85
Net Sale / Acq. of Real Estate Assets	-533.85	-40.14	-42.1	2.52	13.96
Investing Cash Flow	-533.85	-40.14	-42.1	2.52	13.96
Long-Term Debt Issued	390.5	161.96	-	-	-
Long-Term Debt Repaid	-36.74	-72.94	-3.58	-24.04	-16.61
Net Debt Issued (Repaid)	353.75	89.02	-3.58	-24.04	-16.61
Common Dividends Paid	-	-11.34	-	-18.87	-
Other Financing Activities	-33.53	-7.77	-9.56	-7.32	-6.1
Foreign Exchange Rate Adjustments	0.28	0.33	-0.02	-0.03	-0.06
Miscellaneous Cash Flow Adjustments	-	-	15.39	-	-
Net Cash Flow	-114.62	142.39	40.1	34.83	62.47
Cash Interest Paid	43.02	41.55	23.3	26.69	30.14
Cash Income Tax Paid	5.44	8.65	7.4	2.53	12.17
Levered Free Cash Flow	54.26	59.6	33.08	44.2	48.7
Unlevered Free Cash Flow	100.26	98.01	47.64	62.16	67.53
Change in Net Working Capital	-25.95	-19.28	26.82	13.44	5.68

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