ELI:MLMAC 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
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
Net Income	-6.03	-4.7	-5.55	-4.42	-0.18
Depreciation & Amortization	5.55	3.49	1.17	0.1	0
Gain (Loss) on Sale of Assets	1.2	0.03	0.03	-	-
Change in Accounts Receivable	2.15	-2.23	-0.6	-1.3	-
Change in Accounts Payable	-2.41	1.35	1.76	4.6	0.15
Change in Other Net Operating Assets	-0.17	1.1	1.28	-	0
Other Operating Activities	5.63	3.41	1.24	0.1	-
Operating Cash Flow	5.7	3.53	-1.57	-0.87	-0.07
Operating Cash Flow Growth	61.36%	-	-	-	-
Acquisition of Real Estate Assets	-102.96	-211.25	-204.82	-50.59	-2.56
Net Sale / Acq. of Real Estate Assets	-102.96	-211.25	-204.82	-50.59	-2.56
Investment in Marketable & Equity Securities	0.22	-	-6.44	-0.12	-
Other Investing Activities	-	-	-0	-	-
Investing Cash Flow	-102.75	-211.25	-211.26	-50.71	-2.56
Long-Term Debt Issued	98.69	170.41	135.11	69.5	-
Net Debt Issued (Repaid)	98.69	170.41	135.11	69.5	-
Issuance of Common Stock	2.6	74.9	64.94	9.65	3.05
Other Financing Activities	-	-	-	0.08	0
Miscellaneous Cash Flow Adjustments	-	-	0	-	-
Net Cash Flow	4.24	37.59	-12.78	27.64	0.42
Cash Interest Paid	18.78	9.04	2.3	-	-
Levered Free Cash Flow	3.89	-0.24	0.2	0.81	-
Unlevered Free Cash Flow	15.69	5.92	2.1	0.83	-
Change in Net Working Capital	-3.09	0.16	-2.23	-3.43	-

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