ARGO Properties N.V. (TLV:ARGO)

ARGO Properties Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	45.38	35.18	-43.5	27.28	58.83	22.66
Other Amortization	0.77	0.77	0.64	0.72	0.44	0.21
Asset Writedown	-50.57	-41.82	56.82	-27.02	-63.74	-25.37
Stock-Based Compensation	2.8	3.55	2.45	1.99	1.39	0.26
Change in Other Net Operating Assets	-0.3	-0.22	-0.72	-0.85	0.78	0.48
Other Operating Activities	18.2	18.45	-2.79	6.73	9.76	6.75
Operating Cash Flow	20.92	18.42	12.9	8.84	7.45	4.99
Operating Cash Flow Growth	44.10%	42.81%	45.90%	18.73%	49.15%	201.87%
Acquisition of Real Estate Assets	-79.72	-63.28	-69.68	-147.09	-120.58	-82.72
Net Sale / Acq. of Real Estate Assets	-79.72	-63.28	-69.68	-147.09	-120.58	-82.72
Investment in Marketable & Equity Securities	-	-	-	1.85	1.64	-
Other Investing Activities	16.05	-9.61	3.74	-10.23	-2.75	-4.11
Investing Cash Flow	-63.67	-72.89	-65.94	-155.47	-121.69	-86.83
Long-Term Debt Issued	-	43.64	58.13	175.66	67.38	55.91
Total Debt Issued	10.07	43.64	58.13	175.66	67.38	55.91
Long-Term Debt Repaid	-	-15.7	-13.32	-29.87	-5.23	-2.17
Total Debt Repaid	-8.87	-15.7	-13.32	-29.87	-5.23	-2.17
Net Debt Issued (Repaid)	1.2	27.93	44.81	145.79	62.15	53.74
Issuance of Common Stock	50.44	50.44	-	-	50.87	42.49
Other Financing Activities	-8.85	-9.21	-7.6	-6.49	-1.76	-1.21
Foreign Exchange Rate Adjustments	1.22	1.28	0.06	-0.39	1.77	-
Miscellaneous Cash Flow Adjustments	-	-	-0.03	-	-	-
Net Cash Flow	1.26	15.97	-15.79	-7.72	-1.22	13.19
Cash Interest Paid	8.85	9.21	7.11	4.76	1.76	1.21
Levered Free Cash Flow	8.26	-1.81	8.81	-13.54	15.27	-5.23
Unlevered Free Cash Flow	14.33	4.11	13.38	-10.79	16.13	-4.66
Change in Net Working Capital	-6.16	5.63	-3.96	17.58	-11.57	7.5

Updated Nov 24, 2024. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.