Target Healthcare REIT PLC (LON: THRL)

Target Healthcare REIT Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Net Income	73.02	73.02	-6.57	49.1	43.88	31.62
Other Amortization	0.62	0.62	0.62	0.57	0.57	0.77
Gain (Loss) on Sale of Assets	-1.93	-1.93	-0.58	0.01	-1.21	-1.51
Asset Writedown	-36.46	-36.46	40.51	-21.58	-19.19	-9.06
Change in Accounts Receivable	3.08	3.08	-4.55	-3.77	-1.23	-1.24
Change in Accounts Payable	2.09	2.09	-0.33	3.34	1.86	0.37
Change in Other Net Operating Assets	-	-	-	-	-1.55	-
Other Operating Activities	1.92	1.92	0.56	2.73	1.83	0.51
Operating Cash Flow	42.35	42.35	29.67	30.39	24.96	21.47
Operating Cash Flow Growth	42.74%	42.74%	-2.39%	21.78%	16.24%	18.20%
Acquisition of Real Estate Assets	-40.93	-40.93	-29.34	-206.99	-51.4	-117.5
Sale of Real Estate Assets	44.34	44.34	25.79	4.36	7.83	14.09
Net Sale / Acq. of Real Estate Assets	3.42	3.42	-3.55	-202.63	-43.58	-103.42
Investing Cash Flow	3.42	3.42	-3.55	-202.63	-43.58	-103.42
Long-Term Debt Issued	52.5	52.5	62	222	152	162
Total Debt Issued	52.5	52.5	62	222	152	162
Long-Term Debt Repaid	-39.5	-39.5	-66.75	-117.25	-174	-118
Net Debt Issued (Repaid)	13	13	-4.75	104.75	-22	44
Issuance of Common Stock	-	-	-	125	60	80
Common Dividends Paid	-35.24	-35.24	-40.27	-39.79	-31.49	-29.15
Other Financing Activities	-	-	-0.21	-4.35	-3.22	-3.41
Net Cash Flow	23.52	23.52	-19.12	13.38	-15.33	9.49
Cash Interest Paid	9.96	9.96	8.72	5.31	4.27	4.18
Cash Income Tax Paid	-	-	-	0.01	0.01	0.07
Levered Free Cash Flow	43.08	43.08	26.01	33.69	27.08	14.09
Unlevered Free Cash Flow	49.25	49.25	31.37	37.29	29.53	16.06
Change in Net Working Capital	-13	-13	4.26	-5.95	-5.25	5.63

Source: S&P Capital IQ. Real Estate template. Financial Sources.