Sirius Real Estate Cash Flow Statement

Financials in millions EUR. Fiscal year is April - March.

Millions EUR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Net Income	209.5	178.1	107.8	79.6	147.9	147.45
Depreciation & Amortization	4	4.2	3.6	4.2	2	1.19
Other Amortization	5.5	4.6	5	4.6	3.8	2.58
Gain (Loss) on Sale of Assets	0.1	-0.3	-0.9	-4.7	0.5	-0.12
Asset Writedown	-91	-79.4	-12.2	9.8	-100	-99.59
Stock-Based Compensation	8.7	6.5	5	5.5	4.2	3.15
Income (Loss) on Equity Investments	-3.6	-2.4	-0.6	-2.6	-6.9	-4.98
Change in Accounts Receivable	-4.6	0.3	-0.3	-5.9	-5.2	-2.52
Change in Accounts Payable	4.1	-2.1	19	12.4	3.5	2.91
Other Operating Activities	4.7	23.6	19.7	10.5	32	20.91
Operating Cash Flow	137.4	133.1	146.1	113.4	81.8	71
Operating Cash Flow Growth	-2.14%	-8.90%	28.84%	38.63%	15.22%	-0.48%
Acquisition of Real Estate Assets	-371.3	-242	-120.7	-76.5	-190.1	-69.31
Sale of Real Estate Assets	16	19.7	46.4	32	15.3	0.03
Net Sale / Acq. of Real Estate Assets	-355.3	-222.3	-74.3	-44.5	-174.8	-69.28
Cash Acquisition	-	-	-	-	-256.6	-
Other Investing Activities	18.7	15.2	8	2.7	1.8	-4.32
Investing Cash Flow	-336.6	-207.1	-66.3	-41.8	-429.5	-73.53
Long-Term Debt Issued	-	409.9	228.3	-	750	20
Long-Term Debt Repaid	-	-22	-250.2	-21.6	-405.3	-39.43
Net Debt Issued (Repaid)	431.9	387.9	-21.9	-21.6	344.7	-19.43
Issuance of Common Stock	-	180.9	165.3	-	159.9	-
Repurchase of Common Stock	-4	-6.5	-2.2	-4	-9	-1.61
Common Dividends Paid	-89.2	-84.5	-75.3	-57.8	-30.8	-24.25
Other Financing Activities	-36.8	-48.7	-23.3	-15.2	-33	-7.76
Foreign Exchange Rate Adjustments	-7.1	5.5	-2.5	0.3	1.3	-
Miscellaneous Cash Flow Adjustments	-	-	-	-	-0.1	-
Net Cash Flow	95.6	360.6	119.9	-26.7	85.3	-55.59
Cash Interest Paid	21.3	22.9	16.9	15.2	7.1	7.56
Cash Income Tax Paid	5.6	6.8	3.1	8	3.7	0.63
Levered Free Cash Flow	50.14	44.55	84.75	69.99	84.46	44.81
Unlevered Free Cash Flow	68.38	58.69	94.06	77.94	90.99	49.03
Change in Working Capital	-0.5	-1.8	18.7	6.5	-1.7	0.4

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