Crombie Real Estate Investment Trust (CROMF)

CROMF Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	167.39	158.27	98.82	167.8	155.4	67.61
Depreciation & Amortization	112.62	108.72	103.7	78.8	94.43	92.35
Other Amortization	8.75	5.18	4.11	26.71	4.21	4.07
Gain (Loss) on Sale of Assets	-2.5	-1.57	-0.59	-80.8	-56.53	-3.34
Asset Writedown	1.33	5.1	-	10.4	2.54	6.6
Income (Loss) on Equity Investments	1.78	1.97	-0.14	2.02	-12.58	0.07
Change in Accounts Receivable	1.22	-3.16	2.11	5.12	9.82	-13.58
Change in Other Net Operating Assets	2.05	6.35	3.54	-7.91	22.15	-2.32
Other Operating Activities	1.92	-15.89	28.37	32.64	6.93	15.74
Operating Cash Flow	294.56	264.96	239.92	234.78	226.37	167.21
Operating Cash Flow Growth	20.08%	10.44%	2.19%	3.72%	35.38%	-
Acquisition of Real Estate Assets	-124.95	-125.67	-104.5	-219.96	-142.79	-153.75
Sale of Real Estate Assets	35	14.95	-	171.7	144.01	37.83
Net Sale / Acq. of Real Estate Assets	-89.95	-110.73	-104.5	-48.26	1.22	-115.92
Investment in Marketable & Equity Securities	7.09	-2.34	9.28	3.32	19.42	-5.99
Other Investing Activities	-3.52	12.98	-2.79	5.13	-2.7	-0.93
Investing Cash Flow	-92.69	-100.73	-143.89	-47.28	16.97	-124.28
Long-Term Debt Issued	-	763.63	720.45	138.52	175.91	525.95
Long-Term Debt Repaid	-	-708.34	-618.66	-313.17	-350.48	-361.75
Net Debt Issued (Repaid)	19.66	55.29	101.79	-174.65	-174.57	164.2
Issuance of Common Stock	-	-	-	200	100.02	100.01
Common Dividends Paid	-125.21	-123.44	-122.12	-123.71	-135.65	-140.3
Other Financing Activities	-91.53	-86.07	-81.82	-86.93	-92.51	-88.69
Net Cash Flow	4.79	10.02	-6.12	2.2	-59.38	63.29
Cash Interest Paid	1.94	2.18	2.26	2.09	2.06	1.86
Cash Income Tax Paid	0	0	0.01	0	0.17	0.01
Levered Free Cash Flow	218.87	207.73	161.29	170.35	218.97	55.63
Unlevered Free Cash Flow	277.42	262.74	213.09	219.9	273.38	109.84
Change in Working Capital	3.27	3.19	5.65	-2.79	31.96	-15.9

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.