Accelerate Property Fund Limited (JSE:APF)

Paramount Global Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Net Income	-1,270	-624.74	-601.34	61.98	-705.7
Depreciation & Amortization	16.34	11.46	8.47	8.6	8.13
Other Amortization	-	9.16	-	-	-
Gain (Loss) on Sale of Assets	-	6.39	-	-	-
Gain (Loss) on Sale of Investments	-	41.53	-64.6	-137.42	-63.63
Asset Writedown	318.95	354.81	809.18	363.84	588.1
Stock-Based Compensation	-	-	-	0.5	1.42
Change in Accounts Receivable	-39.02	-85.71	-84.43	-249.54	-33.44
Change in Accounts Payable	-6.4	-19.94	-20.46	27.03	-37.18
Other Operating Activities	384	533.29	367.81	374.82	513.4
Net Cash from Discontinued Operations	-	-	-7.08	62.23	83.29
Operating Cash Flow	450.7	384.35	422.34	512.04	354.38
Operating Cash Flow Growth	17.26%	-9.00%	-17.52%	44.49%	-51.60%
Acquisition of Real Estate Assets	-110.43	-38.43	-34.41	-43.48	-36.8
Sale of Real Estate Assets	66.98	97.75	146.7	108.5	188
Net Sale / Acq. of Real Estate Assets	-43.45	59.33	112.29	65.02	151.2
Other Investing Activities	-	-	-	599.61	-
Investing Cash Flow	-43.45	59.33	112.29	664.62	151.2
Long-Term Debt Issued	1,198	1,443	810	1,629	1,326
Long-Term Debt Repaid	-1,373	-1,467	-918	-2,355	-1,436
Net Debt Issued (Repaid)	-174.76	-24.35	-108	-725.81	-110.15
Issuance of Common Stock	200	-	44.75	-	-
Common Dividends Paid	-	-	-38.16	-	-
Other Financing Activities	-446.53	-436.29	-442.72	-423.46	-402.36
Foreign Exchange Rate Adjustments	-	-	0.55	-4.99	-1.13
Net Cash Flow	-14.04	-16.97	-8.95	22.41	-8.08
Cash Interest Paid	-	436.29	442.72	396.65	402.36
Cash Income Tax Paid	-	-	-	0.1	-
Levered Free Cash Flow	-1,151	-9.07	21.3	233.06	490.98
Unlevered Free Cash Flow	-916.5	337.65	271.55	439.77	683.48
Change in Working Capital	-45.41	-105.65	-104.89	-222.51	-70.63

Updated Dec 20, 2024. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.