Deutsche Real Estate AG (FRA:DRE2)

Deutsche Real Estate AG Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	26.39	26.54	3.24	-43.33	-14.77	21.26
Depreciation & Amortization	0.18	0.14	0.14	0.2	0.21	0.21
Asset Writedown	4.29	4.39	13.13	65.4	30.51	-11.22
Change in Other Net Operating Assets	-0.3	0.29	0.41	-0.17	-2.49	-0.61
Other Operating Activities	-12.6	-14.05	2.62	-17.51	-9.99	-0.79
Operating Cash Flow	17.96	17.31	19.55	4.6	3.47	8.86
Operating Cash Flow Growth	0.35%	-11.43%	325.26%	32.56%	-60.85%	-30.17%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Acquisition of Real Estate Assets	-4.53	-48.71	-4.23	-6.51	-4.16	-10.67
Sale of Real Estate Assets	-	-	-	-	-	3.1
Net Sale / Acq. of Real Estate Assets	-4.53	-48.71	-4.23	-6.51	-4.16	-7.57
Investment in Marketable & Equity Securities	-	-	-0.01	-	-	-
Other Investing Activities	11.2	1.34	2.73	1.52	0.39	0.72
Investing Cash Flow	6.66	-47.38	-1.51	-4.99	-3.77	-6.85

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Long-Term Debt Issued	-	-	-	30	-	-
Long-Term Debt Repaid	-	-1.3	-1.25	-0.83	-0.61	-0.6
Lease Payments	-0.18	-0.16	-0.16	-0.2	-0.2	-0.19
Net Debt Issued (Repaid)	-1.34	-1.3	-1.25	29.18	-0.61	-0.6
Common Dividends Paid	-0.82	-0.82	-0.82	-	-0.82	-0.82
Other Financing Activities	-1.63	-1.59	-1.63	-1	-0.28	-0.29

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Miscellaneous Cash Flow Adjustments	-	-	0.49	-0.14	1.82	-4
Net Cash Flow	20.83	-33.77	14.82	27.64	-0.2	-3.71

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Levered Free Cash Flow	22.17	11.72	13.3	-1.24	1.15	22.32
Unlevered Free Cash Flow	23.25	12.78	14.46	-0.76	1.34	22.54

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	1.63	1.59	1.63	0.76	0.28	0.29
Cash Income Tax Paid	0.27	0.15	0.27	0.5	0.1	0.06
Change in Working Capital	-0.3	0.29	0.41	-0.17	-2.49	-0.61

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Sep 22, 2026

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