Artea Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	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	-2.73	-5.49	-27.38	7.99	13.21	10.2
Depreciation & Amortization	15.24	5.36	-	-	2.55	2.84
Gain (Loss) on Sale of Assets	-20.67	-1.7	-1.21	0.28	-3.13	0.35
Asset Writedown	8.01	7.79	23.65	10.85	7.74	-9.87
Income (Loss) on Equity Investments	0.79	-0.48	14.82	-8.23	-4.14	-0.63
Change in Accounts Receivable	5.98	3.09	-	-	-	-
Change in Accounts Payable	3.46	-2.54	-	-	-	-
Change in Other Net Operating Assets	-15.19	0.94	0.9	2.94	9.42	5.08
Other Operating Activities	8.5	6.53	4.45	1.6	1.75	8.45
Operating Cash Flow	4.74	21.73	15.23	15.43	27.38	16.41
Operating Cash Flow Growth	-74.82%	42.74%	-1.33%	-43.63%	66.81%	32.34%
Acquisition of Real Estate Assets	-4.23	-9.72	-22.18	-47.32	-11.99	-35.1
Sale of Real Estate Assets	26.49	17.15	6.87	17.79	0.03	0.01
Net Sale / Acq. of Real Estate Assets	22.26	7.43	-15.31	-29.53	-11.97	-35.1
Cash Acquisition	2.57	-2.18	-2	-1.99	-2.73	-3.09
Investment in Marketable & Equity Securities	-3.27	-10.19	-7.46	-8.95	-25.81	-0.85
Other Investing Activities	-	-	0.24	-	0.01	-
Investing Cash Flow	21.8	-4.96	-26.24	-43.03	-43.05	-39.04
Long-Term Debt Issued	-	14.93	53.81	71.92	41.06	59.62
Long-Term Debt Repaid	-	-24.08	-47.13	-45.98	-8.26	-35.49
Net Debt Issued (Repaid)	-17.89	-9.14	6.68	25.94	32.8	24.13
Issuance of Common Stock	0.03	0.02	-	-	-	-
Repurchase of Common Stock	-	-	-0.15	-	-0.08	-0
Common Dividends Paid	-	-	-1.49	-1.49	-1.49	-
Other Financing Activities	-7.54	-8.55	-7.69	-4.07	-3.66	-4.31
Miscellaneous Cash Flow Adjustments	-0.85	-0.93	0	0	2.18	-2.16
Net Cash Flow	0.29	-1.83	-13.65	-7.23	14.07	-4.98
Cash Interest Paid	6.93	8.55	7.69	4.07	3.66	4.31
Cash Income Tax Paid	-	0.31	0.5	0.64	4.46	-1.02
Levered Free Cash Flow	20.91	-6.5	-16.99	9.63	9.64	-24.51
Unlevered Free Cash Flow	24.88	-2.44	-13.33	12.2	12.32	-21.78
Change in Working Capital	-4.4	9.72	0.9	2.94	9.42	5.08

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