FRA:DMRE 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	2015 - 2019
Period Ending	Sep '25 Sep 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	2015 - 2019
Net Income	-124.62	-86.48	-147.19	-65.75	58.5	8.5	Upgrade
Depreciation & Amortization	-0.4	1.64	0.99	1.99	0.58	1.08	Upgrade
Gain (Loss) on Sale of Assets	1.36	7.29	14.33	8.16	-1.44	1.05	Upgrade
Asset Writedown	61.89	58.68	176.81	105.66	-48.78	22.13	Upgrade
Income (Loss) on Equity Investments	0.06	-	0.69	0.09	0.67	-	Upgrade
Change in Accounts Receivable	0.27	0.92	-12.22	-2.3	9.55	-17.28	Upgrade
Change in Accounts Payable	3.01	9.53	22.37	4.89	-4.26	1.93	Upgrade
Change in Other Net Operating Assets	-0.3	0.12	0.49	-1	0.98	0.79	Upgrade
Other Operating Activities	15.7	-9.39	-29.38	-4.48	38.97	8.3	Upgrade
Operating Cash Flow	26.46	34.52	40.71	48	65.22	-24.1	Upgrade
Operating Cash Flow Growth	-9.18%	-15.19%	-15.19%	-26.40%	-	-	Upgrade
Acquisition of Real Estate Assets	-10.26	-14.02	-12.88	-32.35	-24.72	-65.43	Upgrade
Sale of Real Estate Assets	27.42	106.92	78.27	4.54	103.12	100.47	Upgrade
Net Sale / Acq. of Real Estate Assets	17.16	92.9	65.39	-27.81	78.4	35.05	Upgrade
Cash Acquisition	-	-	-	-	-	-0.07	Upgrade
Investment in Marketable & Equity Securities	-	-	-	-0.6	-21.08	-	Upgrade
Other Investing Activities	-	-	0.03	2.14	2.44	-	Upgrade
Investing Cash Flow	12.87	88.61	65.42	-26.27	-0.24	34.98	Upgrade
Long-Term Debt Issued	-	93.5	23.3	-	69.7	89.93	Upgrade
Total Debt Issued	103.58	93.5	23.3	-	69.7	89.93	Upgrade
Long-Term Debt Repaid	-	-260.98	-48.44	-51.41	-10.9	-69.86	Upgrade
Total Debt Repaid	-224.31	-260.98	-48.44	-51.41	-10.9	-69.86	Upgrade
Net Debt Issued (Repaid)	-120.73	-167.48	-25.14	-51.41	58.8	20.07	Upgrade
Repurchase of Common Stock	-	-	-	-	-1.18	-8.96	Upgrade
Other Financing Activities	-33.34	-30.83	-18.42	-52.53	-84.6	-22.51	Upgrade
Miscellaneous Cash Flow Adjustments	-	0	-	-	-	-	Upgrade
Net Cash Flow	-114.73	-75.17	62.57	-82.2	38	-0.52	Upgrade
Cash Interest Paid	30.03	27.42	14.76	17.03	15.92	16.62	Upgrade
Cash Income Tax Paid	1.58	4.4	-4.23	2.57	0.93	7.56	Upgrade
Levered Free Cash Flow	-114.52	43.41	-52.71	-136.04	77.82	-0.92	Upgrade
Unlevered Free Cash Flow	-84.44	55.44	-43.62	-125.98	87.78	8.5	Upgrade
Change in Working Capital	2.97	10.56	10.64	1.59	6.27	-14.56	Upgrade

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