Sabra Health Care REIT 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	155.61	126.71	13.76	-77.61	-113.26
Depreciation & Amortization	182.12	164.76	177.27	181.16	192.5
Gain (Loss) on Sale of Assets	3.52	-2.1	76.63	12.01	-12.3
Gain (Loss) on Sale of Investments	-	-	-	57.78	164.13
Asset Writedown	7.32	18.47	14.33	94.04	9.5
Stock-Based Compensation	11.36	8.99	7.92	7.45	7.91
Income (Loss) on Equity Investments	3.89	5.84	6.37	40.25	27.96
Change in Accounts Receivable	-11.45	-15.46	-11.08	-6.44	8.22
Change in Accounts Payable	1.6	-7.09	8.34	-13.25	14.48
Other Operating Activities	-4.3	10.99	6.85	20.19	53.31
Operating Cash Flow	348.61	310.54	300.57	315.73	356.39
Operating Cash Flow Growth	12.26%	3.32%	-4.80%	-11.41%	0.43%
Acquisition of Real Estate Assets	-494.45	-191.14	-163.39	-146.68	-142.1
Sale of Real Estate Assets	88.64	96	247.62	95.3	100.72
Net Sale / Acq. of Real Estate Assets	-405.82	-95.14	84.24	-51.37	-41.38
Investment in Marketable & Equity Securities	8.05	1.85	-10.25	-145.56	-7.77
Other Investing Activities	6.05	2.38	5.8	-0.78	-
Investing Cash Flow	-377.96	-109	103.13	-216.25	-336.2
Long-Term Debt Issued	609.81	14.6	12.19	204.05	791.52
Long-Term Debt Repaid	-502.09	-2.03	-106.32	-81.27	-767.66
Net Debt Issued (Repaid)	107.72	12.56	-94.13	122.78	23.86
Issuance of Common Stock	227.78	86.12	-	-	308.71
Common Dividends Paid	-289.5	-280.15	-277.45	-277.16	-262.92
Total Dividends Paid	-289.5	-280.15	-277.45	-277.16	-262.92
Other Financing Activities	-5.24	-0.09	-38.72	-7.33	-39.51
Foreign Exchange Rate Adjustments	0.39	-0.36	-0.61	0.27	0.03
Net Cash Flow	11.8	19.62	-7.21	-61.95	50.36
Cash Interest Paid	110.96	105.2	102.41	97.72	85.46
Cash Income Tax Paid	1.5	1.39	1.67	1.66	1.84
Levered Free Cash Flow	320.53	244.17	254.32	78.48	344.75
Unlevered Free Cash Flow	380.09	315.91	324.93	144.4	406.39
Change in Working Capital	-9.85	-22.55	-2.73	-19.69	22.7

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