Novavest Real Estate AG Cash Flow Statement

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

Millions CHF. 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	30.08	19.11	-3.97	22.4	29.31	17.84
Depreciation & Amortization	21.2	14.19	7.91	9.5	9.4	2.17
Loss (Gain) From Sale of Assets	-0.28	-	-0.54	-	-	-
Asset Writedown & Restructuring Costs	-13.57	-1.08	20.59	-11.94	-21.77	-8.47
Other Operating Activities	-20.14	-17.17	-7.91	-9.5	-9.24	-0.46
Change in Accounts Receivable	-2.41	-0.16	-0.3	-0.49	-0.21	-1.37
Change in Accounts Payable	-1.39	-0.52	-0.08	-0.2	0.93	0.06
Change in Other Net Operating Assets	-4.33	-3.41	1.08	2.23	0.75	0.08
Operating Cash Flow	14.09	14.61	13.81	15.95	15.73	12.22
Operating Cash Flow Growth	-12.39%	5.83%	-13.41%	1.37%	28.74%	3.07%
Sale (Purchase) of Real Estate	33.76	-13.55	6.71	-60.61	-70.77	-82.12
Other Investing Activities	-1.1	1.74	-0.05	-0.55	0.12	0.11
Investing Cash Flow	32.66	-11.81	6.67	-61.16	-70.65	-82.01
Short-Term Debt Issued	-	-	-	41.26	-	-
Long-Term Debt Issued	-	59.57	84.45	18.33	75.57	47.72
Total Debt Issued	73.7	59.57	84.45	59.59	75.57	47.72
Short-Term Debt Repaid	-	-51.97	-97.05	-	-47.18	-1.35
Total Debt Repaid	-108.15	-51.97	-97.05	-	-47.18	-1.35
Net Debt Issued (Repaid)	-34.46	7.6	-12.6	59.59	28.38	46.38
Issuance of Common Stock	-	-	-	-	26.19	25.62
Repurchase of Common Stock	-14.24	-9.64	-9.64	-12.72	-11.66	-10.62
Other Financing Activities	-0	-	-	-0.37	-	-
Financing Cash Flow	-48.69	-2.04	-22.24	46.49	42.91	61.37
Miscellaneous Cash Flow Adjustments	-0	-0	-	-	0	0
Net Cash Flow	-1.94	0.77	-1.76	1.28	-12.01	-8.42
Free Cash Flow	14.09	14.61	13.81	15.95	15.73	12.22
Free Cash Flow Growth	-12.39%	5.83%	-13.41%	1.37%	28.74%	3.07%
Free Cash Flow Margin	32.82%	39.64%	46.25%	54.70%	58.86%	50.34%
Free Cash Flow Per Share	1.38	1.61	1.79	2.07	2.13	1.89
Levered Free Cash Flow	27.92	32.83	32.11	3.5	22.66	8.39
Unlevered Free Cash Flow	31.45	36.11	35.02	5.44	24.45	10.18
Change in Working Capital	-3.21	-0.45	-2.28	5.49	8.04	1.14

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