Vastned Retail Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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
Net Income	-10.52	-19.26	31.35	14.41	-41.34
Gain (Loss) on Sale of Assets	-0.24	-0.31	-0.64	-0.23	-1.5
Asset Writedown	15.66	47.49	19.46	26.53	84.39
Change in Other Net Operating Assets	0.08	1.2	0.36	6.61	-7.07
Other Operating Activities	21.38	13.44	-11.19	-3.02	-5.92
Operating Cash Flow	26.37	42.56	39.34	44.28	28.57
Operating Cash Flow Growth	-38.04%	8.20%	-11.17%	55.00%	-25.20%
Acquisition of Real Estate Assets	-14.87	-3.49	-4.98	-2.46	-3.13
Sale of Real Estate Assets	138.42	3.22	2.45	18.04	12.5
Net Sale / Acq. of Real Estate Assets	123.55	-0.27	-2.53	15.58	9.37
Investing Cash Flow	123.55	-0.27	-2.53	15.58	9.37
Long-Term Debt Issued	144.93	18.59	0.06	-	44.2
Long-Term Debt Repaid	-235.83	-25.26	-2.99	-17.58	-62.87
Net Debt Issued (Repaid)	-90.9	-6.67	-2.93	-17.58	-18.67
Common Dividends Paid	-51.11	-31.39	-30.7	-38.77	-14.58
Other Financing Activities	-8.06	-3.94	-3.23	-3.62	-4.78
Net Cash Flow	-0.15	0.29	-0.05	-0.1	-0.09
Cash Interest Paid	18.09	14.84	11.46	11.59	13.23
Cash Income Tax Paid	-0.09	1.27	1.66	0.68	0.75
Levered Free Cash Flow	24.36	-1.09	34.17	38.24	7.42
Unlevered Free Cash Flow	38.57	14.23	31.48	45.68	16.93
Change in Working Capital	0.08	1.2	0.36	6.61	-7.07

Updated Dec 31, 2024. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.