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	Dec 31, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Net Income	72.23	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	-34.65	-36.46	40.51	-21.58	-19.19	-9.06
Change in Accounts Receivable	1.22	3.08	-4.55	-3.77	-1.23	-1.24
Change in Accounts Payable	2.26	2.09	-0.33	3.34	1.86	0.37
Change in Other Net Operating Assets	-	-	-	-	-1.55	-
Other Operating Activities	1.62	1.92	0.56	2.73	1.83	0.51
Operating Cash Flow	41.36	42.35	29.67	30.39	24.96	21.47
Operating Cash Flow Growth	11.44%	42.74%	-2.39%	21.78%	16.24%	18.20%
Acquisition of Real Estate Assets	-25.26	-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	19.09	3.42	-3.55	-202.63	-43.58	-103.42
Investing Cash Flow	19.09	3.42	-3.55	-202.63	-43.58	-103.42
Long-Term Debt Issued	-	52.5	62	222	152	162
Total Debt Issued	40	52.5	62	222	152	162
Long-Term Debt Repaid	-	-39.5	-66.75	-117.25	-174	-118
Net Debt Issued (Repaid)	-4.5	13	-4.75	104.75	-22	44
Issuance of Common Stock	-	-	-	125	60	80
Common Dividends Paid	-35.67	-35.24	-40.27	-39.79	-31.49	-29.15
Other Financing Activities	-	-	-0.21	-4.35	-3.22	-3.41
Net Cash Flow	20.29	23.52	-19.12	13.38	-15.33	9.49
Cash Interest Paid	10.41	9.96	8.72	5.31	4.27	4.18
Cash Income Tax Paid	-	-	-	0.01	0.01	0.07
Levered Free Cash Flow	41.26	43.08	26.01	33.69	27.08	14.09
Unlevered Free Cash Flow	47.53	49.25	31.37	37.29	29.53	16.06
Change in Net Working Capital	-10.65	-13	4.26	-5.95	-5.25	5.63

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