Ravelin Properties REIT (SLTTF)

Ravelin Properties REIT 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-305.5	-456.53	-119.78	-16.62	46.64	13.65
Depreciation & Amortization	0.71	1	0.97	0.97	1.02	1.06
Other Amortization	14.53	15.77	15.39	14.53	11.9	-
Gain (Loss) on Sale of Investments	11.95	13.02	12.93	-36.58	-	-
Asset Writedown	278.88	437.77	138.22	87.67	-8.71	0.11
Change in Other Net Operating Assets	8.3	14.42	13.92	8.22	-1.61	2.31
Other Operating Activities	20.85	7.32	-20.44	-6.51	-8.9	31.43
Operating Cash Flow	29.72	32.78	41.19	51.68	40.34	48.56
Operating Cash Flow Growth	-41.37%	-20.44%	-20.28%	28.09%	-16.92%	-6.38%
Acquisition of Real Estate Assets	-23.22	-26.01	-31.7	-258.77	-37.56	-42.67
Sale of Real Estate Assets	80.19	105.02	-	85.49	35.09	28.66
Net Sale / Acq. of Real Estate Assets	56.98	79.01	-31.7	-173.27	-2.47	-14.01
Other Investing Activities	-	-	-	81.04	-134.96	3.29
Investing Cash Flow	60.93	82.83	-26.36	-88.37	-134.27	-7.89
Long-Term Debt Issued	-	3.21	62.05	130.86	115.94	134.87
Long-Term Debt Repaid	-	-113.01	-58	-99.52	-38.73	-131.87
Net Debt Issued (Repaid)	-80.69	-109.79	4.05	31.34	77.22	3
Issuance of Common Stock	-	-	-	62.6	55	-
Repurchase of Common Stock	-0.17	-	-	-0.71	-	-0.36
Common Dividends Paid	-	-	-17.34	-33.32	-29.19	-29.2
Other Financing Activities	-3.3	-3.77	-2.99	-12.28	-7.7	-11.53
Foreign Exchange Rate Adjustments	0.41	0.28	-7.19	-0.95	-0.02	-0.18
Net Cash Flow	6.9	2.32	-8.64	10	1.39	2.4
Cash Interest Paid	51.68	58.61	59.54	46.46	40.14	39.47
Levered Free Cash Flow	386.42	103.25	-93.1	138.38	-38.67	1.12
Unlevered Free Cash Flow	433.42	150.49	-50.11	144.37	-44.7	47.97
Change in Working Capital	8.3	14.42	13.92	8.22	-1.61	2.31

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