AX Real Estate p.l.c. Cash Flow Statement

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

Millions EUR. Fiscal year is Nov - Oct.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
Net Income	21.77	7.6	0.41	3.6	-21.16
Depreciation & Amortization	0	0	0	-	-
Other Amortization	0.07	0.06	0.06	0.06	-
Asset Writedown	-13.48	0.69	1.82	-2.79	23.72
Change in Accounts Receivable	0.03	-3.88	3.81	-3.72	-0.31
Change in Accounts Payable	4.6	3.65	-4.84	2.19	-0.19
Other Operating Activities	5.6	5.21	4.98	6.24	-1.85
Operating Cash Flow	18.62	13.47	6.23	6.06	0.21
Operating Cash Flow Growth	38.29%	116.03%	2.89%	2833.65%	-
Acquisition of Real Estate Assets	-11.83	-14.15	-26.71	-31.65	-0.23
Net Sale / Acq. of Real Estate Assets	-11.83	-14.15	-26.71	-31.65	-0.23
Investing Cash Flow	-11.83	-14.15	-26.71	-31.65	-0.24
Short-Term Debt Issued	4.05	1.56	0.91	-	-
Long-Term Debt Issued	-	6.35	24.15	30.65	0
Total Debt Issued	4.05	7.91	25.05	30.65	0
Short-Term Debt Repaid	-	-	-	-3.74	-
Long-Term Debt Repaid	-5.15	-4.66	-2.07	-	-
Total Debt Repaid	-5.15	-4.66	-2.07	-3.74	-
Net Debt Issued (Repaid)	-1.1	3.25	22.98	26.91	0
Issuance of Common Stock	-	-	-	13.17	0.05
Common Dividends Paid	-7.22	-6	-6.86	-3.43	-
Net Cash Flow	-1.53	-3.43	-4.35	11.06	0.02
Cash Interest Paid	3.35	3.65	3.12	0.52	-
Cash Income Tax Paid	3.49	1.26	1.23	-0.06	-
Levered Free Cash Flow	7.98	6.31	11.7	-3.24	-2.68
Unlevered Free Cash Flow	11.99	10.21	14.8	-1.24	-2.64
Change in Working Capital	4.67	-0.09	-1.02	-1.06	-0.5

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