KLSE:AXREIT Cash Flow Statement

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

Millions MYR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	286.15	282.08	210.01	217.77	190.37	200.36
Depreciation & Amortization	0.28	0.29	0.36	0.5	0.59	0.64
Gain (Loss) on Sale of Assets	-0.87	-0.87	2.43	-	-	-0
Asset Writedown	-86.29	-86.29	-49.41	-81.31	-27.82	-67.79
Change in Accounts Receivable	3.56	-17.27	2.08	-7.25	2.44	14.96
Change in Other Net Operating Assets	18.76	-17.25	66.15	-3.15	14.19	-5.68
Other Operating Activities	71.97	77.52	74.44	67.96	47.18	48.53
Operating Cash Flow	293.83	238.2	306.58	198.72	228.17	191.06
Operating Cash Flow Growth	-0.14%	-22.30%	54.28%	-12.91%	19.42%	13.49%
Acquisition of Real Estate Assets	-107.68	-60.24	-779.37	-176.82	-544.01	-266.39
Sale of Real Estate Assets	23.87	23.87	156.57	-	-	0.01
Net Sale / Acq. of Real Estate Assets	-83.81	-36.37	-622.8	-176.82	-544.01	-266.38
Other Investing Activities	2.46	-4.67	1.07	1.49	6.66	-7.99
Investing Cash Flow	-81.35	-41.04	-621.73	-175.32	-537.35	-274.37
Long-Term Debt Issued	-	299.56	194.22	7.94	469.97	209.41
Long-Term Debt Repaid	-	-317.66	-0.02	-0.04	-110.04	-138.06
Net Debt Issued (Repaid)	140.1	-18.1	194.2	7.9	359.93	71.36
Issuance of Common Stock	8.41	25.89	449.73	185.95	11.49	342.52
Common Dividends Paid	-213.31	-183.15	-181.74	-147.29	-157.18	-134.86
Other Financing Activities	-70.29	-70.66	-78.07	-61.75	-51.64	-48.35
Net Cash Flow	77.39	-48.86	68.97	8.2	-146.58	147.36
Cash Interest Paid	-	-	-	-	51.48	44.65
Levered Free Cash Flow	-	105.25	133.84	77	104.34	92.14
Unlevered Free Cash Flow	-	149.87	180.36	114.84	137.45	120.7
Change in Working Capital	22.31	-34.52	68.22	-10.4	16.63	9.27

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