Vastned Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Net Income	-	11.29	14.49	4.09	-8.52	Upgrade
Depreciation & Amortization	-	0.17	0.31	0.65	0.27	Upgrade
Gain (Loss) on Sale of Assets	-	-0.01	-	-0.38	-1.51	Upgrade
Asset Writedown	-	1.11	1.87	9.67	22.25	Upgrade
Change in Accounts Receivable	-	0.11	-0.41	-1.35	0.09	Upgrade
Change in Accounts Payable	-	0.29	0.09	-0.74	0.25	Upgrade
Change in Other Net Operating Assets	-	0.02	0.12	2.3	0.12	Upgrade
Other Operating Activities	-	2.1	-3.27	-0.84	-0.23	Upgrade
Operating Cash Flow	-	14.57	13.19	14.16	11.7	Upgrade
Operating Cash Flow Growth	-	10.44%	-6.83%	21.00%	-15.71%	Upgrade
Acquisition of Real Estate Assets	-	-0.3	-0.05	-0.16	-0.34	Upgrade
Sale of Real Estate Assets	-	0.36	-	6.23	9.78	Upgrade
Net Sale / Acq. of Real Estate Assets	-	0.06	-0.05	6.07	9.44	Upgrade
Other Investing Activities	-	-0.05	0	-0	-0.1	Upgrade
Investing Cash Flow	-	0.01	-0.05	6.07	9.35	Upgrade
Long-Term Debt Issued	-	15.3	3	2.67	1.88	Upgrade
Long-Term Debt Repaid	-	-18.21	-4.97	-12.7	-8.35	Upgrade
Net Debt Issued (Repaid)	-	-2.91	-1.97	-10.03	-6.47	Upgrade
Common Dividends Paid	-	-11.43	-11.17	-10.41	-14.73	Upgrade
Other Financing Activities	-	0.02	-0.06	0	0.02	Upgrade
Net Cash Flow	-	0.27	-0.05	-0.21	-0.13	Upgrade
Cash Interest Paid	-	1.67	1.51	1.62	1.59	Upgrade
Levered Free Cash Flow	-	5.97	10.52	10.65	7.07	Upgrade
Unlevered Free Cash Flow	-	8.3	9.38	11.13	7.92	Upgrade
Change in Net Working Capital	-0.4	1.89	0.16	-1.32	0.72	Upgrade

Updated Feb 24, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.