NSI N.V. (LON:0RQN)

NSI N.V. Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-9.79	12.37	-142.37	-31.37	120.96
Depreciation & Amortization	0.6	0.58	0.6	0.65	0.34
Other Amortization	-	0.6	0.47	0.48	0.42
Gain (Loss) on Sale of Assets	-3.72	-2.34	-5.39	-0.03	-10.21
Asset Writedown	59.15	28.69	223.96	76.83	-63.15
Change in Accounts Receivable	0.65	2.63	-0.63	1.67	-3.43
Change in Other Net Operating Assets	2.36	-0.82	3.4	-1.89	-5.53
Other Operating Activities	-7.63	-2.05	-38.41	-3.52	-2.47
Operating Cash Flow	41.61	39.66	41.65	42.8	36.94
Operating Cash Flow Growth	4.92%	-4.77%	-2.70%	15.88%	-7.71%
Acquisition of Real Estate Assets	-35.31	-33.12	-19.47	-12.79	-129.44
Sale of Real Estate Assets	26.02	50.49	34.05	17.07	103.88
Net Sale / Acq. of Real Estate Assets	-9.3	17.38	14.58	4.29	-25.56
Other Investing Activities	-	-0	-	0	-
Investing Cash Flow	-9.3	17.38	14.58	4.26	-25.59
Long-Term Debt Issued	15	75	10	5	140
Long-Term Debt Repaid	-20	-80	-28.2	-43.2	-115.7
Net Debt Issued (Repaid)	-5	-5	-18.2	-38.2	24.3
Repurchase of Common Stock	-	-20	-	-	-
Common Dividends Paid	-21.83	-29.91	-34.76	-30.08	-26.94
Other Financing Activities	-1.44	-	-0.24	-0.34	-0.74
Miscellaneous Cash Flow Adjustments	-	-	0	-0	0
Net Cash Flow	4.05	2.13	3.03	-21.56	7.96
Cash Interest Paid	9.6	12.52	11.01	8.55	10.14
Cash Income Tax Paid	4.18	2.85	0.02	-0.01	-0.01
Levered Free Cash Flow	31.65	27.5	27.16	29.78	23.06
Unlevered Free Cash Flow	37.23	33.23	33.63	32.69	26.96
Change in Working Capital	3.01	1.81	2.78	-0.23	-8.95

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