Xior Student Housing NV Cash Flow Statement

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

Millions EUR. 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	68.67	66.51	-9.41	186.53	82.31
Depreciation & Amortization	0.28	0.28	0.58	0.22	0.17
Asset Writedown	0.11	0.12	0	0.28	0.03
Change in Accounts Receivable	0.27	1.3	-0.06	0.1	2.29
Change in Accounts Payable	0.44	-12.75	-22.94	-15.66	-1.7
Change in Other Net Operating Assets	23.43	5.31	4.74	4.17	3.56
Other Operating Activities	-6.89	-10.39	36.48	-200.21	-30.17
Operating Cash Flow	86.09	56.54	26.08	7.3	26.97
Operating Cash Flow Growth	52.26%	116.82%	257.20%	-72.93%	719.29%
Acquisition of Real Estate Assets	-183.24	-139.66	-196.92	-484.43	-167.27
Sale of Real Estate Assets	24.28	148.12	50.64	8.91	-
Net Sale / Acq. of Real Estate Assets	-158.96	8.46	-146.28	-475.52	-167.27
Cash Acquisition	-	-	-	-56.57	-
Investment in Marketable & Equity Securities	-35.03	-9.89	5.57	-0.82	-169.3
Other Investing Activities	-10	-12.13	6.09	-19.97	-
Investing Cash Flow	-204	-13.56	-134.62	-552.88	-336.57
Long-Term Debt Issued	104.17	234.93	289.67	564.86	240.2
Total Debt Issued	104.17	234.93	289.67	564.86	240.2
Short-Term Debt Repaid	-	-	-	-1.35	-
Long-Term Debt Repaid	-20	-235	-200	-4.5	-199.5
Total Debt Repaid	-20	-235	-200	-5.85	-199.5
Net Debt Issued (Repaid)	84.17	-0.07	89.67	559.01	40.7
Issuance of Common Stock	80	-	75.68	-	291.17
Common Dividends Paid	-48.98	-46.46	-49.69	-24.62	-26.76
Other Financing Activities	-2.28	-1.66	-1.58	-6.15	1.42
Miscellaneous Cash Flow Adjustments	0.29	0.9	0.4	14.31	4
Net Cash Flow	-4.71	-4.31	5.94	-3.03	0.94
Cash Interest Paid	51.25	53.82	49.47	22.2	15.28
Cash Income Tax Paid	3.56	3.91	0.98	3.79	3.43
Levered Free Cash Flow	24.2	19.34	8.32	71.71	-3.11
Unlevered Free Cash Flow	50.87	55.44	33.17	77.36	0.18
Change in Working Capital	23.92	0.02	-1.58	20.48	-25.37

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