Ravelin Properties REIT (SLTTF)

Ravelin Properties REIT Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-456.53	-119.78	-16.62	46.64	13.65
Depreciation & Amortization	1	0.97	0.97	1.02	1.06
Other Amortization	15.77	15.39	14.53	11.9	-
Gain (Loss) on Sale of Investments	13.02	12.93	-36.58	-	-
Asset Writedown	437.77	138.22	87.67	-8.71	0.11
Change in Other Net Operating Assets	14.42	13.92	8.22	-1.61	2.31
Other Operating Activities	7.32	-20.44	-6.51	-8.9	31.43
Operating Cash Flow	32.78	41.19	51.68	40.34	48.56
Operating Cash Flow Growth	-20.44%	-20.28%	28.09%	-16.92%	-6.38%
Acquisition of Real Estate Assets	-26.01	-31.7	-258.77	-37.56	-42.67
Sale of Real Estate Assets	105.02	-	85.49	35.09	28.66
Net Sale / Acq. of Real Estate Assets	79.01	-31.7	-173.27	-2.47	-14.01
Other Investing Activities	-	-	81.04	-134.96	3.29
Investing Cash Flow	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)	-109.79	4.05	31.34	77.22	3
Issuance of Common Stock	-	-	62.6	55	-
Repurchase of Common Stock	-	-	-0.71	-	-0.36
Common Dividends Paid	-	-17.34	-33.32	-29.19	-29.2
Other Financing Activities	-3.77	-2.99	-12.28	-7.7	-11.53
Foreign Exchange Rate Adjustments	0.28	-7.19	-0.95	-0.02	-0.18
Net Cash Flow	2.32	-8.64	10	1.39	2.4
Cash Interest Paid	58.61	59.54	46.46	40.14	39.47
Levered Free Cash Flow	103.25	-93.1	138.38	-38.67	1.12
Unlevered Free Cash Flow	150.49	-50.11	144.37	-44.7	47.97
Change in Net Working Capital	-116.2	88.65	-84.57	81.7	0.73

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