LON:SERE Cash Flow Statement

Financials in millions EUR. Fiscal year is October - September.

Millions EUR. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Net Income	3.41	2.23	0.58	-9.38	13.99	6.24
Gain (Loss) on Sale of Assets	0.03	0.03	-	-	-	-
Gain (Loss) on Sale of Investments	-0.01	0.23	0.49	0.26	-0.92	0.01
Asset Writedown	2.43	3.01	7.74	19.73	-6.35	-8.57
Income (Loss) on Equity Investments	-	-	-	-	-	0.06
Change in Accounts Receivable	-2.91	-0.85	-0.63	7.56	0.96	-10.9
Change in Accounts Payable	2.44	0.98	-0.17	-1.07	0.32	-1.35
Other Operating Activities	0.52	0.65	-0.13	-1.2	1.83	2.29
Operating Cash Flow	5.91	6.28	7.89	15.9	10.27	-3.75
Operating Cash Flow Growth	-26.21%	-20.46%	-50.37%	54.75%	-	-
Acquisition of Real Estate Assets	-1.13	-0.83	-1.68	-15.15	-11.52	-14.74
Sale of Real Estate Assets	10.62	11.8	-	-	16.9	52.93
Net Sale / Acq. of Real Estate Assets	9.49	10.97	-1.68	-15.15	5.38	38.19
Investment in Marketable & Equity Securities	-	-	-	-	-	-0.06
Investing Cash Flow	9.49	10.97	-1.68	-15.15	5.38	38.13
Long-Term Debt Issued	-	-	-	31.76	-	1.84
Total Debt Issued	-	-	-	31.76	-	1.84
Long-Term Debt Repaid	-	-6.56	-3.32	-26.95	-1.84	-
Total Debt Repaid	-6.56	-6.56	-3.32	-26.95	-1.84	-
Net Debt Issued (Repaid)	-6.56	-6.56	-3.32	4.81	-1.84	1.84
Repurchase of Common Stock	-0.66	-1.82	-	-	-	-
Common Dividends Paid	-7.79	-7.86	-7.92	-7.42	-12.37	-8.53
Other Financing Activities	-	-	-0.06	-	-	-
Foreign Exchange Rate Adjustments	-0.02	-0.01	0	-0.01	0	-0
Net Cash Flow	0.38	1	-5.08	-1.88	-11.39	27.68
Cash Interest Paid	2.5	2.64	2.15	1.57	0.9	0.99
Cash Income Tax Paid	1.38	1.3	1.35	0.71	0.47	0.6
Levered Free Cash Flow	17.02	4.76	3.73	12.26	25.01	-27.91
Unlevered Free Cash Flow	18.68	6.43	5.35	13.33	25.72	-27.15
Change in Working Capital	-0.47	0.12	-0.79	6.49	1.28	-12.25