Axis Real Estate Investment Trust (KLSE: AXREIT)

KLSE: AXREIT Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	210.01	217.77	190.37	200.36	142.06
Depreciation & Amortization	0.36	0.5	0.59	0.64	0.61
Gain (Loss) on Sale of Assets	2.43	-	-	-0	-
Asset Writedown	-49.41	-81.31	-27.82	-67.79	-18.97
Change in Accounts Receivable	2.08	-7.25	2.44	14.96	-1.91
Change in Other Net Operating Assets	66.15	-3.15	14.19	-5.68	6
Other Operating Activities	73.88	67.96	47.18	48.53	40.48
Operating Cash Flow	306.02	198.72	228.17	191.06	168.35
Operating Cash Flow Growth	54.00%	-12.91%	19.42%	13.49%	19.54%
Acquisition of Real Estate Assets	-779.37	-176.82	-544.01	-266.39	-270.95
Sale of Real Estate Assets	156.57	-	-	0.01	-
Net Sale / Acq. of Real Estate Assets	-622.8	-176.82	-544.01	-266.38	-270.95
Other Investing Activities	1.62	1.49	6.66	-7.99	3.88
Investing Cash Flow	-621.17	-175.32	-537.35	-274.37	-267.07
Long-Term Debt Issued	194.2	7.94	469.97	209.41	296
Long-Term Debt Repaid	-	-0.04	-110.04	-138.06	-70.11
Net Debt Issued (Repaid)	194.2	7.9	359.93	71.36	225.9
Issuance of Common Stock	449.73	185.95	11.49	342.52	11.83
Common Dividends Paid	-181.74	-147.29	-157.18	-134.86	-109.54
Other Financing Activities	-78.07	-61.75	-51.64	-48.35	-39.19
Net Cash Flow	68.97	8.2	-146.58	147.36	-9.74
Cash Interest Paid	-	59.49	51.48	44.65	39.08
Levered Free Cash Flow	27.29	96.48	104.34	92.14	70.45
Unlevered Free Cash Flow	73.81	134.32	137.45	120.7	95.15
Change in Net Working Capital	72.71	-6.69	-4.06	-5.46	7.4

Source: S&P Capital IQ. Real Estate template. Financial Sources.