NIPPON REIT Investment Corporation (TYO:3296)

NIPPON REIT Investment Cash Flow Statement

Financials in millions JPY. Fiscal year is July - June.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Net Income	10,968	8,758	7,547	9,362	10,303
Depreciation & Amortization	2,009	2,016	2,013	2,016	2,021
Other Amortization	7.85	-	7.42	7.22	5.48
Gain (Loss) on Sale of Assets	31	19	8.66	7.01	8.67
Asset Writedown	-	-	-	65.03	-
Change in Accounts Receivable	-104.19	6	-21.06	1.18	47.69
Change in Accounts Payable	51.68	5	177.45	26.07	-58.18
Change in Other Net Operating Assets	17,059	-	3,204	7,877	13,174
Other Operating Activities	-108.41	7,298	27.85	-80.29	66.91
Operating Cash Flow	29,915	18,102	12,965	19,282	25,569
Operating Cash Flow Growth	65.26%	39.62%	-32.76%	-24.59%	164.29%
Acquisition of Real Estate Assets	-20,154	-14,302	-970.06	-8,763	-20,530
Net Sale / Acq. of Real Estate Assets	-20,154	-14,302	-970.06	-8,763	-20,530
Investment in Marketable & Equity Securities	-121.56	-	-	37.03	48.37
Other Investing Activities	-317.35	176	39.39	-152.86	-397.67
Investing Cash Flow	-20,593	-14,126	-1,624	-8,884	-20,882
Short-Term Debt Issued	-	-	-	-	2,700
Long-Term Debt Issued	20,510	-	16,100	13,320	25,250
Total Debt Issued	20,510	1,500	16,100	13,320	27,950
Short-Term Debt Repaid	-	-	-	-	-2,700
Long-Term Debt Repaid	-20,400	-	-16,100	-13,340	-19,500
Total Debt Repaid	-20,400	-	-16,100	-13,340	-22,200
Net Debt Issued (Repaid)	110	1,500	-	-19.54	5,750
Repurchase of Common Stock	-2,500	-	-	-	-
Common Dividends Paid	-8,701	-	-7,732	-10,090	-9,582
Common & Preferred Dividends Paid	-	-7,739	-	-	-
Total Dividends Paid	-8,701	-7,739	-7,732	-10,090	-9,582
Other Financing Activities	-14.33	-	-	-	-
Miscellaneous Cash Flow Adjustments	-0	-1	0.01	-0	-0
Net Cash Flow	-1,783	-2,264	3,609	288.14	854.35
Cash Interest Paid	995.93	881	770.47	733.12	686.08
Cash Income Tax Paid	4.41	-	1.86	55.23	1.04
Levered Free Cash Flow	9,206	-6,527	7,124	7,507	9,051
Unlevered Free Cash Flow	9,829	-5,615	7,618	7,973	9,494
Change in Working Capital	17,007	11	3,361	7,905	13,163

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