Varia US Properties AG (LON:0RKW)

Varia US Properties AG Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-19.98	-17.51	-139.01	122.6	156.01	35.52
Asset Writedown	23.82	35.61	174.26	-153.69	-197.37	-42.54
Change in Accounts Receivable	1.99	3.4	-4.38	0.32	-0.3	0.27
Change in Accounts Payable	-0.13	1.34	-2.62	-3.26	5.44	-0.63
Change in Other Net Operating Assets	4.51	2.57	-4	1	5.7	-3.6
Other Operating Activities	36.2	28.69	13.69	72.28	73.73	46.75
Operating Cash Flow	46.06	54.17	38.24	38.83	44.08	35.78
Operating Cash Flow Growth	18.56%	41.67%	-1.52%	-11.91%	23.18%	-6.60%
Acquisition of Real Estate Assets	-31.72	-33.89	-36.84	-366.55	-434.44	-69.19
Sale of Real Estate Assets	153.1	104.2	266.33	228.5	148.03	98.65
Net Sale / Acq. of Real Estate Assets	121.38	70.31	229.48	-138.05	-286.42	29.46
Investing Cash Flow	121.38	70.31	229.48	-138.05	-286.42	29.46
Short-Term Debt Issued	-	-	-	-	5.5	-
Long-Term Debt Issued	-	-	50.32	442.67	342.91	69.96
Total Debt Issued	-	-	50.32	442.67	348.41	69.96
Long-Term Debt Repaid	-	-60.83	-232.59	-264.81	-70.82	-40.53
Total Debt Repaid	-96.44	-60.83	-232.59	-264.81	-70.82	-40.53
Net Debt Issued (Repaid)	-96.44	-60.83	-182.26	177.86	277.59	29.43
Issuance of Common Stock	-	-	-	-	0.01	42.02
Repurchase of Common Stock	-22.83	-23.03	-69.89	-33.32	-29.93	-24.99
Other Financing Activities	-41.82	-42.4	-47.38	-47.48	-35.73	-31.62
Foreign Exchange Rate Adjustments	0.1	0.05	1.26	-0.87	-1.53	0.48
Net Cash Flow	6.45	-1.74	-30.56	-3.03	-31.94	80.56
Cash Interest Paid	42.62	43.54	48.08	39.53	29.04	24.05
Cash Income Tax Paid	3.18	2.37	-0.17	2.69	7.39	0.72
Levered Free Cash Flow	11.24	-4.89	39.17	-23.52	19.56	12.86
Unlevered Free Cash Flow	37.24	21.08	68.69	3.99	38.34	28.2
Change in Net Working Capital	-8.29	9.86	-33.54	32.94	-5.84	0.67

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