Mirae Asset Global REIT Cash Flow Statement

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

Millions KRW. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2025	FY 2024	FY 2024
Period Ending	Mar '26 Mar 31, 2026	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Sep '24 Sep 30, 2024	Mar '24 Mar 31, 2024
Net Income	-4,757	-12,219	2,627	-1,586	-2,594
Depreciation & Amortization	6,759	6,464	6,597	6,322	6,128
Loss (Gain) on Equity Investments	3,597	10,067	-1,951	-1,684	-1,839
Other Operating Activities	6,128	5,639	5,253	7,735	5,380
Change in Accounts Receivable	-60.06	-114.54	1,064	-900.73	2,115
Change in Unearned Revenue	4,305	-1,229	5.48	-1,457	2,576
Change in Other Net Operating Assets	-8,645	7,803	-10,774	9,356	-6,679
Operating Cash Flow	7,326	16,411	2,822	17,785	5,087
Operating Cash Flow Growth	-55.36%	481.58%	-84.13%	249.65%	-68.80%
Capital Expenditures	-	-24.51	-621.04	-736.88	-
Investment in Securities	-1,200	-1,200	-1,200	-5,200	-40,353
Investing Cash Flow	-1,200	-1,225	-1,821	-5,937	-40,353
Issuance of Common Stock	-	-	-	-	49,355
Dividends Paid	-10,754	-11,278	-10,533	-9,551	-8,758
Other Financing Activities	0	0	-0	0	-784.31
Financing Cash Flow	-10,754	-11,278	-10,533	-9,551	39,813
Foreign Exchange Rate Adjustments	1,415	-645.86	2,173	-382.37	-17.77
Net Cash Flow	-3,212	3,263	-7,359	1,915	4,529
Free Cash Flow	7,326	16,386	2,201	17,048	5,087
Free Cash Flow Growth	-55.29%	644.59%	-87.09%	235.16%	-68.80%
Free Cash Flow Margin	30.93%	67.20%	8.70%	66.84%	22.78%
Free Cash Flow Per Share	184.81	413.06	55.57	430.44	139.38
Cash Interest Paid	5,014	4,697	4,873	4,648	4,510
Cash Income Tax Paid	-3.68	-64.01	46.3	142.73	-42.88
Levered Free Cash Flow	24,137	-443.21	7,846	9,974	9,056
Unlevered Free Cash Flow	27,392	2,608	11,060	13,323	12,286
Change in Working Capital	-4,401	6,459	-9,704	6,998	-1,989