Fiducial Real Estate Cash Flow Statement

Financials in millions EUR. Fiscal year is October - September.

Millions EUR. Fiscal year is Oct - Sep.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Net Income	32.54	32.08	35.23	29.88
Depreciation & Amortization	16.17	15.03	15.8	16.06
Gain (Loss) on Sale of Assets	-0.49	-1.16	1.2	-0.17
Change in Accounts Receivable	3.67	-	-	-
Change in Accounts Payable	-2.52	-	-	-
Change in Other Net Operating Assets	-0	-1.41	1.24	-2.82
Other Operating Activities	-0.44	0.14	-0.43	-0.4
Operating Cash Flow	49.08	44.67	53.03	42.54
Operating Cash Flow Growth	9.86%	-15.76%	24.65%	1.37%
Acquisition of Real Estate Assets	-20.69	-29.45	-13.13	-21.02
Sale of Real Estate Assets	1.49	3.59	1.76	1.09
Net Sale / Acq. of Real Estate Assets	-19.19	-25.85	-11.37	-19.92
Cash Acquisition	-0	-	-0.23	-
Investment in Marketable & Equity Securities	-0.14	-0.14	-0.02	0
Other Investing Activities	-0.64	0.42	-0.1	-0.26
Investing Cash Flow	-19.98	-25.57	-11.72	-20.18
Long-Term Debt Issued	22.48	20.98	12.52	13.89
Long-Term Debt Repaid	-28.77	-26.38	-31.63	-30.17
Net Debt Issued (Repaid)	-6.29	-5.41	-19.11	-16.27
Common Dividends Paid	-7.97	-6.64	-6.05	-
Other Financing Activities	-10.64	-9.73	-25.86	12.3
Net Cash Flow	4.2	-2.67	-9.71	18.39
Levered Free Cash Flow	6.71	-5.74	2.76	38.25
Unlevered Free Cash Flow	10.3	-2.03	5.63	41.51
Change in Working Capital	1.3	-1.41	1.24	-2.82

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.