Daiwa House REIT Investment Corporation (TYO:8984)

TYO:8984 Cash Flow Statement

Financials in millions JPY. Fiscal year is March - February.

Fiscal Year	FY 2025	FY 2024	FY 2024	FY null	FY 2023
Period Ending	Feb 28, 2025	Aug 31, 2024	Feb 29, 2024	Sep 30, 2023	Feb 28, 2023
Net Income	26,332	20,112	21,604	-	22,175
Depreciation & Amortization	14,980	15,402	15,234	-	15,261
Other Amortization	-	-	16.76	-	15.39
Gain (Loss) on Sale of Assets	140	4,774	931.52	-	42.54
Change in Accounts Receivable	190	-218	41.32	-	48.63
Change in Accounts Payable	1,662	1,418	-445.67	-	-969.25
Change in Other Net Operating Assets	-	-	667.63	-	4,567
Other Operating Activities	16,606	22,106	68.51	-	-24.71
Operating Cash Flow	59,910	63,594	38,117	-	41,115
Operating Cash Flow Growth	-5.79%	66.84%	-	-	9.97%
Acquisition of Real Estate Assets	-5,938	-62,704	-16,012	-	-2,780
Net Sale / Acq. of Real Estate Assets	-5,938	-62,704	-16,012	-	-2,780
Other Investing Activities	-156	120	121.39	-	-214.21
Investing Cash Flow	-6,094	-62,584	-15,891	-	-2,995
Total Debt Issued	-	22,000	19,400	-	25,960
Total Debt Repaid	-18,000	-	-17,400	-	-26,000
Net Debt Issued (Repaid)	-18,000	22,000	2,000	-	-39.51
Common Dividends Paid	-	-	-13,100	-	-13,501
Common & Preferred Dividends Paid	-26,784	-26,486	-13,086	-	-13,028
Total Dividends Paid	-26,784	-26,486	-26,186	-	-26,529
Other Financing Activities	-6,000	-6,000	-	-	1
Miscellaneous Cash Flow Adjustments	-2	-	-0	-	-0.99
Net Cash Flow	3,030	-9,476	-1,959	-	11,552
Cash Interest Paid	3,192	3,126	2,920	-	2,725
Cash Income Tax Paid	6	2	0.61	-	0.6
Levered Free Cash Flow	27,945	-54,606	-	-	30,654
Unlevered Free Cash Flow	30,291	-52,265	-	-	32,684
Change in Net Working Capital	-2,470	19,866	449	-	-3,862

Updated Nov 25, 2024. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.