Nexus Industrial REIT (TSX:NXR.UN)

Nexus Industrial REIT Cash Flow Statement

Financials in millions CAD. 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	80.36	90.88	160.03	120.87	93.54	35.24
Depreciation & Amortization	0.12	0.12	0.09	0.09	0.09	0.09
Other Amortization	2.89	2.85	2.36	1.72	1.11	0.96
Gain (Loss) on Sale of Assets	1.54	1.46	0.81	0.71	0.59	-
Asset Writedown	-29.59	-43.38	-109.81	-70.71	-132.4	-10.58
Stock-Based Compensation	0.98	1.38	1.18	1.03	0.76	0.34
Income (Loss) on Equity Investments	-1.74	-1.87	-0.06	-1.8	-0.92	-0.87
Change in Accounts Receivable	-7.81	-1.84	-5.82	-3.95	-3.34	-0.37
Change in Accounts Payable	-26.96	-13.35	3.5	1.3	6.3	0.89
Change in Other Net Operating Assets	2.28	6.53	3.74	-4.78	-7.85	0.6
Other Operating Activities	-4.45	-3.82	-5	-2.96	67.1	-1.96
Operating Cash Flow	17.63	38.96	51.02	41.53	25	24.35
Operating Cash Flow Growth	-70.47%	-23.63%	22.84%	66.15%	2.65%	4.29%
Acquisition of Real Estate Assets	-100.42	-150.03	-373.54	-323.45	-482.55	-45.07
Sale of Real Estate Assets	90.1	71.43	27.55	7.72	13.3	-
Net Sale / Acq. of Real Estate Assets	-10.32	-78.6	-345.99	-315.73	-469.25	-45.07
Investing Cash Flow	-10.32	-78.6	-345.99	-315.73	-469.25	-45.07
Long-Term Debt Issued	-	165.61	407.13	216.52	266.76	49.58
Long-Term Debt Repaid	-	-77.41	-78.22	-57.8	-13.04	-7.34
Net Debt Issued (Repaid)	36.99	88.2	328.91	158.72	253.72	42.24
Issuance of Common Stock	-	-	-	84.72	295.31	-
Common Dividends Paid	-43.35	-41.6	-37.7	-34.32	-20.89	-14.89
Other Financing Activities	-0.7	-1.34	-1.85	-5.66	-15.58	-0.51
Net Cash Flow	0.25	5.61	-5.62	-70.75	68.29	6.12
Cash Interest Paid	71.07	71.29	56.19	41.66	22.38	14.47
Cash Income Tax Paid	-	-	-	0.02	0.01	0.05
Levered Free Cash Flow	57.03	16.04	64.11	-3.35	41.34	6.18
Unlevered Free Cash Flow	109.47	58.77	97.82	11.32	52.92	18.84
Change in Net Working Capital	-30.19	19.16	-30.82	47.48	-18.4	4.95

Updated Mar 10, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.