MUN:PAG Cash Flow Statement

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	2014 - 2017
Period Ending	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	2014 - 2017
Net Income	-	-	-	62.78	8.25	Upgrade
Depreciation & Amortization	-	-	-	0.05	-	Upgrade
Gain (Loss) on Sale of Assets	-	-	-	-2.99	-	Upgrade
Gain (Loss) on Sale of Investments	-	-	-	13.64	0.25	Upgrade
Asset Writedown	-	-	-	-101.68	-8.26	Upgrade
Income (Loss) on Equity Investments	-	-	-	0.59	0.02	Upgrade
Change in Accounts Receivable	-	-	-	-0.83	-0.02	Upgrade
Change in Accounts Payable	-	-	-	0.32	0.05	Upgrade
Change in Other Net Operating Assets	-	-	-	9.35	22.44	Upgrade
Other Operating Activities	-	-	-	-4.31	-2.97	Upgrade
Operating Cash Flow	-	-	-	-9.2	22.48	Upgrade
Acquisition of Real Estate Assets	-	-	-	-243.15	-22.53	Upgrade
Sale of Real Estate Assets	-	-	-	15.53	-	Upgrade
Net Sale / Acq. of Real Estate Assets	-	-	-	-227.62	-22.53	Upgrade
Cash Acquisition	-	-	-	-32.71	-1.47	Upgrade
Other Investing Activities	-	-	-	-0	0	Upgrade
Investing Cash Flow	-	-	-	-209.22	-41.36	Upgrade
Long-Term Debt Issued	-	-	-	279.27	-	Upgrade
Long-Term Debt Repaid	-	-	-	-0.78	-	Upgrade
Net Debt Issued (Repaid)	-	-	-	278.49	-	Upgrade
Issuance of Common Stock	-	-	-	-	19.85	Upgrade
Net Cash Flow	-	-	-	60.08	0.97	Upgrade
Cash Interest Paid	-	-	-	7.92	0	Upgrade
Cash Income Tax Paid	-	-	-	0.17	0.01	Upgrade
Levered Free Cash Flow	-	-	-	-18.83	-11.75	Upgrade
Unlevered Free Cash Flow	-	-	-	-7.5	-11.7	Upgrade
Change in Working Capital	-	-	-	22.73	25.21	Upgrade

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