TSX:REI.UN Cash Flow Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	66.77	473.47	38.8	236.77	598.39	-64.78
Depreciation & Amortization	1.37	1.45	2.63	4.77	4.02	4.34
Stock-Based Compensation	10.37	10.39	10.15	9.06	12.55	9.12
Other Adjustments	411.88	-35.7	443.03	281.99	-144.7	526.38
Changes in Other Operating Activities	-27.13	-71.32	-109.1	-26.47	20.14	77.52
Operating Cash Flow	467.21	378.28	385.52	506.12	490.4	552.58
Operating Cash Flow Growth	27.10%	-1.88%	-23.83%	3.21%	-11.25%	-2.87%
Capital Expenditures	-409.55	-338.58	-467	-483	-482.38	-605.97
Sale of Property, Plant & Equipment	239.88	104.12	286.54	420.97	659.98	98.12
Purchases of Investments	-20.72	-15.67	-37.17	-19.24	-	-
Proceeds from Sale of Investments	1.08	28.31	12.78	-	5.5	19
Other Investing Activities	36.05	-138.95	4.71	1.59	-88.71	19.51
Investing Cash Flow	-160.56	-360.77	-200.15	-79.69	94.39	-469.34
Short-Term Debt Issued	579.77	481	320.01	177.44	492.55	308.7
Short-Term Debt Repaid	-339.83	-977.52	-471.14	-323.74	-	-609.04
Net Short-Term Debt Issued (Repaid)	239.94	-496.53	-151.13	-146.3	492.55	-300.34
Long-Term Debt Issued	1,291	1,864	1,009	594.45	835.84	1,644
Long-Term Debt Repaid	-1,334	-968.81	-672.96	-345.64	-1,572	-816.17
Net Long-Term Debt Issued (Repaid)	-42.92	895.53	335.89	248.8	-736.37	827.43
Repurchase of Common Stock	-110.37	-11.71	-8.84	-209.11	-182.17	-5.78
Net Common Stock Issued (Repurchased)	-110.37	-11.71	-8.84	-209.11	-182.17	-5.78
Common Dividends Paid	-338.56	-332.01	-321.41	-309.42	-317.5	-457.52
Other Financing Activities	-2.18	-6.79	-1.87	-1.95	-2.01	-2.1
Financing Cash Flow	-254.08	48.5	-147.37	-417.97	-745.49	61.69
Net Cash Flow	52.57	66.01	38.01	8.47	-160.7	144.94
Free Cash Flow	57.66	39.7	-81.49	23.13	8.02	-53.38
Free Cash Flow Growth	45.24%	-	-	188.41%	-	-
FCF Margin	3.99%	3.20%	-7.25%	1.91%	0.68%	-4.67%
Free Cash Flow Per Share	-	0.13	-0.27	0.08	0.03	-0.17
Levered Free Cash Flow	-171.52	464.02	-349.9	-165.42	-103.64	-61.79
Unlevered Free Cash Flow	248.25	253.72	391.78	130.61	162.96	225.55

Updated Sep 30, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.