Property For Industry Limited (NZE:PFI)

Property For Industry Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Jun 30, 2025	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	124.2	106.02	42.36	-97.79	-13.94	452.81
Depreciation & Amortization	0.49	0.49	0.49	0.57	0.19	0.18
Other Amortization	1.64	1.64	3.83	-	-	-
Gain (Loss) on Sale of Assets	0.05	0.05	1.05	0.79	-0.58	-2.64
Asset Writedown	-70.74	-70.74	8.33	140.83	85.82	-392.52
Stock-Based Compensation	0.32	0.32	0.35	0.35	0.36	0.34
Change in Accounts Receivable	-1.75	-1.75	2.28	-4.59	1.33	-0.35
Change in Accounts Payable	3.01	3.01	1.99	5.01	1.1	2.19
Other Operating Activities	-0.25	17.16	-3.82	3.97	-21.64	-3.74
Operating Cash Flow	61.48	60.71	55.66	46.93	52.08	56.13
Operating Cash Flow Growth	30.99%	9.08%	18.59%	-9.88%	-7.21%	59.61%
Acquisition of Real Estate Assets	-88.99	-62.68	-121.56	-77.03	-27.36	-250.27
Sale of Real Estate Assets	-0.12	12.62	57.75	27.9	21.7	108.76
Net Sale / Acq. of Real Estate Assets	-89.11	-50.06	-63.81	-49.13	-5.66	-141.51
Other Investing Activities	0.1	0.05	0.01	-0.38	-	0.9
Investing Cash Flow	-89.01	-50.01	-63.8	-49.51	-5.66	-140.61
Long-Term Debt Issued	-	175	-	150.5	2.47	111.36
Total Debt Issued	216.44	175	53.17	150.5	2.47	111.36
Long-Term Debt Repaid	-	-143.87	-	-105.39	-0.11	-0.11
Total Debt Repaid	-143.93	-143.87	-0.24	-105.39	-0.11	-0.11
Net Debt Issued (Repaid)	72.52	31.13	52.93	45.12	2.35	111.25
Repurchase of Common Stock	-	-	-	-	-8.66	-
Common Dividends Paid	-44.2	-41.69	-44.19	-42.68	-39.89	-27.07
Net Cash Flow	0.79	0.14	0.59	-0.15	0.23	-0.31
Cash Interest Paid	34.06	32.78	29.66	27.93	23.58	19.81
Cash Income Tax Paid	7.29	4.49	6.4	7.83	11.08	10.3
Levered Free Cash Flow	-	39.12	-	20.13	40.22	148.14
Unlevered Free Cash Flow	-	68.47	-	44.7	44.03	153.03
Change in Working Capital	5.65	5.65	3.04	-1.81	1.87	2.14

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