Novavest Real Estate AG Cash Flow Statement

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

Millions CHF. 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	30.54	19.11	-3.97	22.4	29.31
Other Adjustments	-7.94	-0.39	17.07	-7.99	-15.05
Change in Receivables	2.86	-0.16	-0.3	-0.49	-0.21
Changes in Accounts Payable	-0.42	-0.52	-0.08	-0.2	0.93
Changes in Accrued Expenses	-3.55	-2.54	0.86	1.46	1.25
Changes in Other Operating Activities	-0.78	-0.88	0.23	0.76	-0.5
Operating Cash Flow	20.7	14.61	13.81	15.95	15.73
Operating Cash Flow Growth	41.66%	5.83%	-13.41%	1.37%	28.74%
Capital Expenditures	-12.53	-13.55	-12.85	-60.61	-70.62
Sale of Property, Plant & Equipment	48.97	0	19.56	0	-0.15
Proceeds from Business Divestments	0	1.29	0	-	-
Other Investing Activities	0.31	0.45	-0.05	-0.55	0.12
Investing Cash Flow	36.75	-11.81	6.67	-61.16	-70.65
Short-Term Debt Issued	-	-	-97.05	41.26	-47.18
Short-Term Debt Repaid	-68.63	-51.97	-	-	-
Net Short-Term Debt Issued (Repaid)	-68.63	-51.97	-97.05	41.26	-47.18
Long-Term Debt Issued	26.29	59.57	84.45	18.33	75.57
Net Long-Term Debt Issued (Repaid)	26.29	59.57	84.45	18.33	75.57
Issuance of Common Stock	-	-	-	-0.37	26.19
Repurchase of Common Stock	-14.24	-9.64	-9.64	-12.72	-11.66
Net Common Stock Issued (Repurchased)	-14.24	-9.64	-9.64	-13.1	14.53
Financing Cash Flow	-56.58	-2.04	-22.24	46.49	42.91
Net Cash Flow	0.87	0.77	-1.76	1.28	-12.01
Free Cash Flow	8.17	1.06	0.96	-44.66	-54.89
Free Cash Flow Growth	668.81%	10.77%	-	-	-
FCF Margin	19.14%	2.88%	3.21%	-153.16%	-205.33%
Free Cash Flow Per Share	0.80	0.12	0.12	-5.79	-7.43
Levered Free Cash Flow	-29.09	9.22	-28.42	23.41	-11.25
Unlevered Free Cash Flow	18.03	6.75	-12.28	-33.66	-37.53