VIB Vermögen AG Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Net Income	39.71	36.14	129.6	53.58	29.91	65.88	Upgrade
Depreciation & Amortization	32.27	28.51	28.93	31.45	29.44	0.33	Upgrade
Other Amortization	0.04	0.04	0.02	-	-	-	Upgrade
Gain (Loss) on Sale of Assets	35.68	35.68	-108.07	-0.37	-	-	Upgrade
Asset Writedown	-	-	-	-	-	-22.32	Upgrade
Income (Loss) on Equity Investments	-2.8	-2.8	-2.84	-21.52	0.64	-0.12	Upgrade
Change in Other Net Operating Assets	19.96	19.96	-24.78	29.34	-2.82	2.64	Upgrade
Other Operating Activities	27.33	26.51	24.21	8.14	14.22	20.95	Upgrade
Operating Cash Flow	99.33	91.19	74.74	67.81	74.95	65.32	Upgrade
Operating Cash Flow Growth	45.07%	22.00%	10.22%	-9.52%	14.74%	-5.51%	Upgrade
Acquisition of Real Estate Assets	-278.74	-280.14	-78.37	-38.53	-22	-66.97	Upgrade
Sale of Real Estate Assets	502.95	451.8	494.08	25.78	9.79	1.5	Upgrade
Net Sale / Acq. of Real Estate Assets	224.21	171.66	415.71	-12.75	-12.21	-65.47	Upgrade
Investment in Marketable & Equity Securities	72.03	72.03	-502.88	20	-3.2	-2.17	Upgrade
Other Investing Activities	18.52	-	-0	-	-	-	Upgrade
Investing Cash Flow	314.71	243.66	-87.18	7.23	-15.43	-67.66	Upgrade
Long-Term Debt Issued	-	62	571.49	29.93	30.9	66	Upgrade
Long-Term Debt Repaid	-	-460.51	-370.25	-85.3	-31.11	-26.66	Upgrade
Net Debt Issued (Repaid)	-275.73	-398.51	201.24	-55.38	-0.21	39.35	Upgrade
Common Dividends Paid	-1.32	-1.32	-	-12.37	-16.29	-19.31	Upgrade
Other Financing Activities	-177.43	-45.38	-19.11	-12.54	-14.22	-15.07	Upgrade
Miscellaneous Cash Flow Adjustments	-	-	0.23	4.91	-	-	Upgrade
Net Cash Flow	-40.43	-110.37	169.91	-0.34	28.8	2.63	Upgrade
Cash Interest Paid	34.47	34.47	28.38	12.29	13.53	14.13	Upgrade
Cash Income Tax Paid	10.09	10.09	10.23	7.03	6.7	7.19	Upgrade
Levered Free Cash Flow	324.85	154.01	96.82	-177.25	49.32	18.33	Upgrade
Unlevered Free Cash Flow	345.7	175.55	115.93	-169.57	57.78	27.27	Upgrade
Change in Working Capital	-32.89	-32.89	2.89	-3.47	0.74	0.61	Upgrade

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.