Prime Office A/S (CPH:PRIMOF)

Prime Office Cash Flow Statement

Financials in millions DKK. 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	60.63	59.65	55.22	109.02	153.34	146.23
Depreciation & Amortization	0.02	0.02	0.04	0.07	0.11	0.12
Asset Writedown	-28.75	-28.75	-31.37	-80.25	-186.92	-190.52
Change in Accounts Receivable	-1.14	-4.23	24.11	-8.88	2.24	-7.44
Change in Other Net Operating Assets	24.35	34.83	13.07	10.14	-6.71	7.8
Other Operating Activities	40.26	37.2	51.22	49.88	120.51	115.09
Operating Cash Flow	95.36	98.72	112.29	79.97	82.57	71.27
Operating Cash Flow Growth	-8.66%	-12.08%	40.42%	-3.14%	15.84%	-55.76%
Acquisition of Real Estate Assets	-206.03	-559.47	-74.42	-53.82	-22.35	-10.89
Sale of Real Estate Assets	22.94	25.63	34.28	11.71	24.87	24.85
Net Sale / Acq. of Real Estate Assets	-183.09	-533.85	-40.14	-42.1	2.52	13.96
Investing Cash Flow	-183.09	-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)	183.44	353.75	89.02	-3.58	-24.04	-16.61
Common Dividends Paid	-	-	-11.34	-	-18.87	-
Other Financing Activities	-94.7	-33.53	-7.77	-9.56	-7.32	-6.1
Foreign Exchange Rate Adjustments	0.1	0.28	0.33	-0.02	-0.03	-0.06
Miscellaneous Cash Flow Adjustments	0	-	-	15.39	-	-
Net Cash Flow	1.11	-114.62	142.39	40.1	34.83	62.47
Cash Interest Paid	41.68	43.02	41.55	23.3	26.69	30.14
Cash Income Tax Paid	5.36	5.44	8.65	7.4	2.53	12.17
Levered Free Cash Flow	63.56	54.26	59.6	33.08	44.2	48.7
Unlevered Free Cash Flow	108.23	100.26	98.01	47.64	62.16	67.53
Change in Net Working Capital	-31.82	-25.95	-19.28	26.82	13.44	5.68

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