Vonovia SE 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	4,186	-962.3	-6,756	-669.4	2,441
Depreciation & Amortization	514.2	134.3	464.7	1,279	3,873
Other Adjustments	-2,169	3,148	8,687	1,769	-4,447
Changes in Income Taxes Payable	-194.8	-250.7	-154.3	-188.2	-93
Changes in Other Operating Activities	111.9	332.1	-340.2	-106.6	51.2
Operating Cash Flow	2,448	2,402	1,901	2,084	1,824
Operating Cash Flow Growth	1.94%	26.32%	-8.79%	14.28%	27.50%
Capital Expenditures	-2,751	-1,763	-1,820	-2,704	-2,310
Sale of Property, Plant & Equipment	2,192	1,504	1,240	3,109	1,218
Purchases of Investments	-	-	-314	-1,900	-912.8
Proceeds from Sale of Investments	19.3	-	-	2,400	-
Payments for Business Acquisitions	-8.3	-2.4	-	-	-17,123
Proceeds from Business Divestments	347.9	-	-	-	-
Other Investing Activities	73.3	73.6	68.5	33	12.1
Investing Cash Flow	-127.1	-187.6	-825.9	938.2	-19,116
Long-Term Debt Issued	5,800	2,944	4,310	6,803	23,945
Long-Term Debt Repaid	-5,722	-3,212	-6,191	-8,540	-11,534
Net Long-Term Debt Issued (Repaid)	77.2	-268.5	-1,881	-1,737	12,411
Issuance of Common Stock	-	-	-	-	8,081
Net Common Stock Issued (Repurchased)	-	-	-	-	8,081
Common Dividends Paid	-647.2	-506.4	-372.9	-672.3	-514.6
Preferred Share Dividends Paid	-	-	-	-	-1,040
Other Financing Activities	-308.4	-1,046	1,293	-735.4	-812.2
Financing Cash Flow	-878.4	-1,821	-961	-3,145	18,125
Effect of Exchange Rate Changes on Cash and Cash Equivalents	5.7	-3.4	2.1	-7.8	-2.3
Net Cash Flow	1,449	389.6	116.4	-130.4	819.5
Free Cash Flow	-302.9	638.7	80.8	-619.4	-485.9
Free Cash Flow Growth	-	690.47%	-	-	-
FCF Margin	-4.49%	9.02%	1.33%	-7.10%	-9.23%
Free Cash Flow Per Share	-0.35	0.78	0.10	-0.79	-0.78
Levered Free Cash Flow	1,480	-2,712	-10,016	-4,101	16,184
Unlevered Free Cash Flow	-3,474	2,275	6,545	-749.77	-3,555

Updated Dec 31, 2025. Data Source: Fiscal.ai. standard template. Financial Sources.