Target Healthcare REIT PLC (LON:THRL)

Target Healthcare REIT Cash Flow Statement

Financials in millions GBP. Fiscal year is July - June.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Net Income	60.85	73.02	-6.57	49.1	43.88
Other Amortization	0.62	0.62	0.62	0.57	0.57
Gain (Loss) on Sale of Assets	-0.04	-1.93	-0.58	0.01	-1.21
Asset Writedown	-23.44	-36.46	40.51	-21.58	-19.19
Change in Accounts Receivable	1.37	3.08	-4.55	-3.77	-1.23
Change in Accounts Payable	0.65	2.09	-0.33	3.34	1.86
Change in Other Net Operating Assets	-	-	-	-	-1.55
Other Operating Activities	1.11	1.92	0.56	2.73	1.83
Operating Cash Flow	41.1	42.35	29.67	30.39	24.96
Operating Cash Flow Growth	-2.94%	42.74%	-2.39%	21.78%	16.24%
Acquisition of Real Estate Assets	-12.99	-40.93	-29.34	-206.99	-51.4
Sale of Real Estate Assets	9.75	44.34	25.79	4.36	7.83
Net Sale / Acq. of Real Estate Assets	-3.23	3.42	-3.55	-202.63	-43.58
Investing Cash Flow	-3.23	3.42	-3.55	-202.63	-43.58
Long-Term Debt Issued	13	52.5	62	222	152
Long-Term Debt Repaid	-14	-39.5	-66.75	-117.25	-174
Net Debt Issued (Repaid)	-1	13	-4.75	104.75	-22
Issuance of Common Stock	-	-	-	125	60
Common Dividends Paid	-36.11	-35.24	-40.27	-39.79	-31.49
Other Financing Activities	-	-	-0.21	-4.35	-3.22
Net Cash Flow	0.76	23.52	-19.12	13.38	-15.33
Cash Interest Paid	10.09	9.96	8.72	5.31	4.27
Cash Income Tax Paid	-	-	-	0.01	0.01
Levered Free Cash Flow	26.98	43.08	18.3	41.4	27.08
Unlevered Free Cash Flow	33.02	49.25	23.66	45	29.53
Change in Working Capital	2.01	5.17	-4.88	-0.43	-0.92

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