Douglas Emmett Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	23.52	-42.71	97.15	65.27
Depreciation & Amortization	376.03	366.89	361.54	361.75
Other Amortization	9.34	8.86	7.94	10.9
Asset Writedown	-	82.1	-	-
Stock-Based Compensation	21.04	19.83	21.03	20.89
Income (Loss) on Equity Investments	-1.37	35.93	-	-0
Change in Accounts Receivable	1.85	0.78	6.25	5.1
Change in Other Net Operating Assets	-3.2	-9.17	3.88	-8.4
Other Operating Activities	-18.51	-35.56	-0.9	-8.55
Operating Cash Flow	408.69	426.96	496.89	446.95
Operating Cash Flow Growth	-4.28%	-14.07%	11.17%	6.36%
Acquisition of Real Estate Assets	-239.39	-230.64	-568.59	-293.09
Net Sale / Acq. of Real Estate Assets	-239.39	-230.64	-568.59	-293.09
Investment in Marketable & Equity Securities	-4.95	-5.13	1.92	1.34
Other Investing Activities	3.57	2.18	5.72	3.04
Investing Cash Flow	-240.76	-233.59	-560.95	-288.71
Long-Term Debt Issued	325	505	245	1,345
Long-Term Debt Repaid	-434.9	-155.86	-70.82	-1,076
Net Debt Issued (Repaid)	-109.9	349.14	174.18	269.21
Repurchase of Common Stock	-0	-109.23	-0.18	-0.06
Common Dividends Paid	-127.19	-129.9	-196.81	-196.53
Other Financing Activities	-9.37	-49.14	19.8	-67.38
Net Cash Flow	-78.53	254.25	-67.07	163.49
Cash Interest Paid	219.5	195.95	141.43	137
Levered Free Cash Flow	295.07	352.75	437.24	429.35
Unlevered Free Cash Flow	429.14	474.81	523.16	510.63
Change in Working Capital	-1.34	-8.38	10.13	-3.31

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