GSW Immobilien AG (HAM:GIB)

GSW Immobilien AG Cash Flow Statement

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

Fiscal Year	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net Income	471.37	484.13	517.66
Depreciation & Amortization	7.97	7.99	3.96
Other Amortization	14	4.1	13.1
Gain (Loss) on Sale of Assets	-1.11	-0.39	-21.75
Asset Writedown	-552.09	-555.43	-518.58
Change in Other Net Operating Assets	8.39	-5.57	-15.56
Other Operating Activities	235.46	221.45	138.54
Operating Cash Flow	184.11	156.25	118.2
Operating Cash Flow Growth	17.83%	32.19%	-21.77%
Acquisition of Real Estate Assets	-206.84	-385.94	-151.13
Sale of Real Estate Assets	52.79	371.96	49.55
Net Sale / Acq. of Real Estate Assets	-154.06	-13.98	-101.57
Other Investing Activities	-6.29	-45.74	-13.55
Investing Cash Flow	-160.35	-59.71	-115.13
Long-Term Debt Issued	-	161.04	135
Long-Term Debt Repaid	-343.34	-98.09	-57.51
Net Debt Issued (Repaid)	-343.34	62.95	77.49
Common Dividends Paid	-79.35	-79.35	-79.35
Other Financing Activities	399.42	-79.71	-1.81
Miscellaneous Cash Flow Adjustments	-	-	0
Net Cash Flow	0.49	0.43	-0.59
Cash Interest Paid	31.51	33.9	34.52
Cash Income Tax Paid	-6.16	6.39	24.05
Levered Free Cash Flow	-542.91	418.59	51.57
Unlevered Free Cash Flow	-529.6	437.86	67.59
Change in Working Capital	8.51	-5.59	-14.73

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