H&R Real Estate Investment Trust (TSX:HR.UN)

TSX:HR.UN 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	-119.71	61.69	844.82	597.91	-624.56
Other Amortization	4.57	4.51	4.69	4.56	2.66
Gain (Loss) on Sale of Assets	11.15	7.25	-7.33	-6.96	2.23
Asset Writedown	425.88	486.1	-546.08	-12.98	1,196
Stock-Based Compensation	3.91	0.08	6.77	8.23	-10.34
Income (Loss) on Equity Investments	-2.48	-145.46	-47.14	-125.65	16.99
Change in Accounts Receivable	-17.5	-12.09	-5.78	-19.06	-24.82
Change in Accounts Payable	-0.39	10.95	-25.15	50.42	33.77
Change in Other Net Operating Assets	20.58	-11.03	6.03	-3.67	-9.13
Other Operating Activities	-51.94	-107.39	24.22	-40.68	-155.83
Operating Cash Flow	274.07	294.63	255.05	452.11	426.93
Operating Cash Flow Growth	-6.98%	15.52%	-43.59%	5.90%	2.13%
Acquisition of Real Estate Assets	-332.66	-234.12	-283.42	-522.38	-411.26
Sale of Real Estate Assets	353.03	371.9	387.71	1,723	95.9
Net Sale / Acq. of Real Estate Assets	20.37	137.78	104.3	1,201	-315.35
Investment in Marketable & Equity Securities	24.31	7.41	57.56	65.13	8.2
Other Investing Activities	83.84	-69.18	-17.91	-1.8	0.2
Investing Cash Flow	173.15	112.86	225.95	1,496	-183.24
Long-Term Debt Issued	282.53	312.57	250	657.81	861.48
Long-Term Debt Repaid	-510.15	-519.53	-301.13	-2,305	-827.24
Net Debt Issued (Repaid)	-227.62	-206.96	-51.13	-1,647	34.23
Repurchase of Common Stock	-	-42.72	-297.06	-	-
Common Dividends Paid	-183.36	-170.56	-179.74	-227.31	-263.57
Other Financing Activities	-	-0.01	-0.33	-12.14	-0.12
Net Cash Flow	36.24	-12.78	-47.25	61.28	14.22
Cash Interest Paid	152.81	169.73	171.24	227.3	247.72
Levered Free Cash Flow	591.65	169.9	-104.86	564.85	159.05
Unlevered Free Cash Flow	733.57	313.06	2.13	693.48	323.15
Change in Net Working Capital	-375.9	53.23	362.21	-264.64	100.11

Updated Feb 12, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.