Regency Centers Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	527.46	400.39	364.56	482.87	361.41
Depreciation & Amortization	382.75	372.01	323.15	298.7	280.4
Other Amortization	15.01	13.1	8.25	5.8	6
Gain (Loss) on Sale of Assets	-24.46	-34.16	-0.66	-109.01	-91.12
Gain (Loss) on Sale of Investments	-4.12	-5.93	-5.57	7.04	-5.35
Asset Writedown	4.61	14.3	-	-	84.39
Stock-Based Compensation	22.73	28.76	24.86	10.39	17.09
Income (Loss) on Equity Investments	-69.03	18.86	15.99	1.59	24.85
Change in Accounts Receivable	-18.52	-24.22	-13.9	-35.27	-24.87
Change in Accounts Payable	-7.87	4.25	5.15	-9.09	6.68
Change in Other Net Operating Assets	-14.36	-6.8	-8.44	-2.38	-2.49
Other Operating Activities	13.49	9.63	6.21	5.17	2.41
Operating Cash Flow	827.69	790.2	719.59	655.82	659.39
Operating Cash Flow Growth	4.75%	9.81%	9.72%	-0.54%	32.11%
Acquisition of Real Estate Assets	-539.27	-388.77	-278.24	-365.06	-569.68
Sale of Real Estate Assets	124.99	108.62	11.17	143.13	206.19
Net Sale / Acq. of Real Estate Assets	-414.27	-280.16	-267.07	-221.92	-363.49
Cash Acquisition	-	-	-82.39	-	-
Investment in Marketable & Equity Securities	-11.77	-28.31	-1.81	12.21	76.47
Other Investing Activities	4.91	-18.18	9.3	3.61	0.67
Investing Cash Flow	-421.14	-326.64	-341.98	-206.11	-286.35
Long-Term Debt Issued	1,057	1,457	616.5	95	-
Long-Term Debt Repaid	-936.27	-1,202	-477.83	-112.96	-318.27
Net Debt Issued (Repaid)	120.84	255.39	138.67	-17.96	-318.27
Issuance of Common Stock	98.67	0.21	0.1	61.35	82.61
Repurchase of Common Stock	-6.79	-219.61	-27.67	-81.87	-4.08
Common Dividends Paid	-511.56	-490.37	-453.07	-428.28	-403.09
Preferred Dividends Paid	-13.65	-13.65	-3.41	-	-
Total Dividends Paid	-525.21	-504.02	-456.48	-428.28	-403.09
Other Financing Activities	-35.28	-25	-9.67	-9.2	-13.63
Net Cash Flow	58.78	-29.47	22.58	-26.25	-283.42
Cash Interest Paid	179.22	161.36	147.18	141.36	140.08
Cash Income Tax Paid	-	-	-	0.57	0.38
Levered Free Cash Flow	671.53	645.95	559.92	543.29	537.83
Unlevered Free Cash Flow	786.04	751.45	648.07	628.86	622.56
Change in Working Capital	-40.75	-26.77	-17.2	-46.74	-20.68

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