OPITQ Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-272.37	-136.11	-69.43	-6.11	-8.18
Depreciation & Amortization	163.01	183.35	200.27	216.67	237.09
Other Amortization	14.4	12.99	10.06	7.99	7.88
Gain (Loss) on Sale of Assets	-0.92	7.41	-3.78	-11	-78.35
Gain (Loss) on Sale of Investments	-	-	19.18	-	-
Asset Writedown	2.05	181.58	11.3	21.82	62.42
Income (Loss) on Equity Investments	0.41	0.76	3.03	3.51	2.5
Change in Accounts Receivable	2.41	6	-2.38	10.96	2.66
Change in Accounts Payable	71.09	-10.39	13.74	-19.21	7.15
Change in Other Net Operating Assets	-29.13	-22.75	-24.45	-31.46	-17.56
Other Operating Activities	42.5	-155.67	-15.82	-0.56	5.88
Operating Cash Flow	-6.57	67.17	141.73	192.61	221.49
Operating Cash Flow Growth	-	-52.61%	-26.42%	-13.04%	-5.20%
Acquisition of Real Estate Assets	-37.64	-123.38	-231.79	-204.1	-663.59
Sale of Real Estate Assets	39.83	189.99	42.18	203.28	219.98
Net Sale / Acq. of Real Estate Assets	2.19	66.61	-189.61	-0.82	-443.61
Investment in Marketable & Equity Securities	-	-	-5.21	-3.8	0.62
Investing Cash Flow	2.19	66.61	-194.82	-4.62	-442.99
Long-Term Debt Issued	10	890.99	417.32	385	1,797
Long-Term Debt Repaid	-198.6	-682.24	-280	-537.62	-1,438
Net Debt Issued (Repaid)	-188.6	208.74	137.32	-152.62	359.27
Issuance of Common Stock	1.11	-	-	-	-
Repurchase of Common Stock	-0.03	-0.19	-0.29	-0.54	-1
Common Dividends Paid	-1.41	-2.03	-63.19	-106.63	-106.37
Other Financing Activities	-1.2	-91.85	-6.28	-0.47	-2.74
Net Cash Flow	-194.5	248.45	14.47	-72.27	27.66
Cash Interest Paid	130.55	145.33	107.65	104.17	103.2
Cash Income Tax Paid	0.19	0.36	0.48	0.35	0.3
Levered Free Cash Flow	76.51	111.23	132.88	262.33	320.06
Unlevered Free Cash Flow	203.67	213.57	202.03	327.01	390.3
Change in Working Capital	44.36	-27.14	-13.09	-39.71	-7.74

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