Nexus Industrial REIT (TSX:NXR.UN)

Nexus Industrial REIT Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	59.55	90.88	160.03	120.87	93.54
Depreciation & Amortization	3.29	2.94	2.45	1.81	1.21
Stock-Based Compensation	1.25	1.38	1.18	1.03	0.45
Other Adjustments	-12.16	-47.58	-114.07	-74.76	-65.31
Changes in Other Operating Activities	-	-	-	-	-3.13
Operating Cash Flow	43.14	38.96	51.02	41.53	25
Operating Cash Flow Growth	10.73%	-23.63%	22.84%	66.15%	2.65%
Capital Expenditures	-99.76	-150.03	-373.54	-323.45	-482.55
Sale of Property, Plant & Equipment	39.72	71.43	27.55	7.72	13.3
Investing Cash Flow	-60.04	-78.6	-345.99	-315.73	-469.25
Short-Term Debt Issued	84.18	130.81	407.13	48	-0.29
Net Short-Term Debt Issued (Repaid)	84.18	130.81	407.13	48	-0.29
Long-Term Debt Issued	15.5	34.8	-	168.52	266.76
Long-Term Debt Repaid	-41.41	-77.35	-78.16	-57.75	-12.68
Net Long-Term Debt Issued (Repaid)	-25.91	-42.55	-78.16	110.77	254.08
Issuance of Common Stock	-	-	-	84.72	295.31
Net Common Stock Issued (Repurchased)	-	-	-	84.72	295.31
Common Dividends Paid	-45.55	-41.6	-37.7	-34.32	-20.89
Other Financing Activities	-1.25	-1.41	-1.91	-5.71	-15.65
Financing Cash Flow	11.48	45.26	289.36	203.45	512.55
Net Cash Flow	-5.42	5.61	-5.62	-70.75	68.29
Free Cash Flow	-56.62	-111.07	-322.53	-281.92	-457.55
FCF Margin	-32.36%	-63.22%	-204.58%	-205.60%	-547.58%
Free Cash Flow Per Share	-	-1.18	-3.59	-3.55	-8.79
Levered Free Cash Flow	21.36	32.05	117.9	-42	-137.15
Unlevered Free Cash Flow	17.74	-74.29	-376.14	-299.55	-497.27

Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.