CT Real Estate Investment Trust (CTRRF)

CTRRF 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	212.25	199.68	105.29	148.26	208.17	83.69
Other Amortization	1.16	1.15	0.91	0.9	-	-
Asset Writedown	-139.81	-119.08	78.64	-27.85	-169.91	87.36
Change in Accounts Receivable	-6.36	-1.45	0.28	-0.85	2.03	-2.03
Change in Other Net Operating Assets	-4.38	-3.92	1.03	-5.1	18.79	4.27
Other Operating Activities	382.38	359.67	238.92	283.91	348.13	197.47
Operating Cash Flow	445.22	436.04	425.06	399.27	407.2	370.77
Operating Cash Flow Growth	-0.09%	2.58%	6.46%	-1.95%	9.83%	2.33%
Acquisition of Real Estate Assets	-195.13	-204.46	-155.18	-189.48	-132.09	-145.95
Sale of Real Estate Assets	5.28	23.05	0.39	-	21.19	0.82
Net Sale / Acq. of Real Estate Assets	-189.86	-181.41	-154.79	-189.48	-110.91	-145.13
Other Investing Activities	-27.01	-36.43	-31.74	-30.14	-35.86	-17.56
Investing Cash Flow	-216.87	-217.84	-186.53	-219.62	-146.77	-162.68
Short-Term Debt Issued	-	98.5	-	20.58	16.1	61.2
Long-Term Debt Issued	-	-	250	250	150	-
Total Debt Issued	307.8	98.5	250	270.58	166.1	61.2
Short-Term Debt Repaid	-	-	-99.88	-	-	-
Long-Term Debt Repaid	-	-1.24	-56.93	-160.65	-151.5	-1.39
Total Debt Repaid	-201.08	-1.24	-156.81	-160.65	-151.5	-1.39
Net Debt Issued (Repaid)	106.72	97.26	93.19	109.94	14.6	59.81
Repurchase of Common Stock	-	-11.82	-6.33	-	-	-
Common Dividends Paid	-83.49	-79.97	-76.79	-72.04	-67.88	-66.56
Other Financing Activities	-251.48	-241.38	-230.43	-218.5	-208.13	-206.53
Net Cash Flow	0.11	-17.71	18.16	-0.94	-0.98	-5.2
Cash Interest Paid	67.35	64.89	63.96	63.96	63.96	65.74
Levered Free Cash Flow	217.44	136.29	203.97	246.33	193	173.03
Unlevered Free Cash Flow	296.72	212.18	274.61	314.6	259.07	240.56
Change in Working Capital	-10.74	-5.37	1.31	-5.95	20.82	2.25

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