Pro Real Estate Investment Trust (TSX:PRV.UN)

TSX:PRV.UN 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	25.49	2.38	25.91	84.49	81.84	21.07
Depreciation & Amortization	0.83	0.84	0.79	0.79	0.73	0.67
Other Amortization	1.42	1.43	1.18	1.57	1.59	1.35
Asset Writedown	1.43	24.52	2.82	-52.54	-63.16	4.67
Stock-Based Compensation	2.52	2.82	1.68	0.69	3.06	0.59
Change in Accounts Receivable	-1.45	-1.98	-1.39	-0.93	1.38	2.24
Change in Accounts Payable	5.14	1.41	3.19	-4.27	3.24	-1.23
Other Operating Activities	0.54	-0.32	-2.48	-1.57	0.59	-5.94
Operating Cash Flow	35.9	31.1	31.7	28.24	29.28	23.41
Operating Cash Flow Growth	19.56%	-1.90%	12.27%	-3.56%	25.06%	34.27%
Acquisition of Real Estate Assets	-117.29	-54.31	-20.92	-126.07	-299.95	-15.29
Sale of Real Estate Assets	39.09	64.2	25.26	138.01	18.34	9.65
Net Sale / Acq. of Real Estate Assets	-78.2	9.89	4.34	11.93	-281.61	-5.64
Investing Cash Flow	-78.2	9.89	4.34	11.93	-281.61	-5.64
Short-Term Debt Issued	-	29.5	27	33.6	47	9.5
Long-Term Debt Issued	-	31.07	63.11	76.1	263.08	28
Total Debt Issued	151.02	60.57	90.11	109.7	310.08	37.5
Short-Term Debt Repaid	-	-6.5	-47	-11.6	-57	-15
Long-Term Debt Repaid	-	-71.37	-41.47	-107.84	-102.84	-20.34
Total Debt Repaid	-77.37	-77.87	-88.47	-119.44	-159.84	-35.34
Net Debt Issued (Repaid)	73.66	-17.3	1.64	-9.74	150.24	2.16
Issuance of Common Stock	-	-	-	-	133.3	-
Repurchase of Common Stock	-1.13	-0.81	-4.8	-1.99	-	-0.04
Common Dividends Paid	-26.89	-26.72	-26.61	-26.57	-21.5	-18
Other Financing Activities	-1.69	-0.36	-0.55	-0.29	-10.02	-0.93
Net Cash Flow	1.66	-4.19	5.73	1.59	-0.32	0.96
Cash Interest Paid	21.89	22.14	21.39	19.01	17.75	14.16
Levered Free Cash Flow	24.67	19.21	22.41	18.53	24.79	15.97
Unlevered Free Cash Flow	38.1	32.62	35.62	30.19	34.17	24.81
Change in Working Capital	3.68	-0.57	1.8	-5.2	4.62	1.01

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