Warteck Invest 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	44.67	23.08	16.01	21.76	27.43
Depreciation & Amortization	0.18	0.2	0.09	0.1	0.08
Gain (Loss) on Sale of Assets	-1.68	-0.04	-	0	-0.02
Asset Writedown	-21.49	-1.4	3.66	-5.02	-13.03
Change in Accounts Receivable	-	-0.58	0.33	-0.24	-0.54
Change in Accounts Payable	-0.52	0.58	-0.67	0.81	0.03
Change in Other Net Operating Assets	-0.82	-3.25	-2.37	-1.3	-2.53
Other Operating Activities	0.67	0.77	-0.28	-	-
Operating Cash Flow	22.25	21.02	19.28	18.99	18.62
Operating Cash Flow Growth	5.84%	9.05%	1.51%	1.97%	-6.79%
Acquisition of Real Estate Assets	-17.96	-14.08	-95.64	-25.05	-15.5
Sale of Real Estate Assets	14.51	0.04	-	0.01	0.07
Net Sale / Acq. of Real Estate Assets	-3.46	-14.04	-95.64	-25.04	-15.43
Cash Acquisition	-	-	-11.49	-	-
Investing Cash Flow	-3.38	-13.97	-106.93	-25.45	-15.6
Long-Term Debt Issued	0.6	18.4	120.8	59.66	17.71
Long-Term Debt Repaid	-1.84	-98.14	-2.54	-36.94	-1.78
Net Debt Issued (Repaid)	-1.24	-79.74	118.26	22.72	15.94
Issuance of Common Stock	-	92.06	-	-	-
Common Dividends Paid	-21.66	-17.33	-17.33	-17.33	-17.33
Net Cash Flow	-4.03	2.04	13.28	-1.06	1.63
Levered Free Cash Flow	18.5	9.5	17.8	8.53	4.21
Unlevered Free Cash Flow	22.93	14.91	22.99	12.24	7.61
Change in Working Capital	-0.1	-1.6	-0.2	2.15	4.16

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.