PSP Swiss Property AG Cash Flow Statement

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

Millions CHF. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
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	2015 - 2019
Net Income	408.49	374.95	207.6	329.96	595.02	292.09	Upgrade
Depreciation & Amortization	1.04	0.94	1.19	1.3	0.84	0.77	Upgrade
Other Amortization	-	-	-	0.39	0.92	0.92	Upgrade
Gain (Loss) on Sale of Assets	-10.51	-14.09	-0.91	0.45	-9.46	-	Upgrade
Asset Writedown	-222.98	-170.97	161.26	-124.89	-464.92	-101.58	Upgrade
Stock-Based Compensation	0.79	1.96	1.65	1.91	1.48	2.03	Upgrade
Income (Loss) on Equity Investments	-	-	-	-0	-	-0	Upgrade
Change in Accounts Receivable	6.18	0.8	-0.96	-0.69	13.83	-16.59	Upgrade
Change in Accounts Payable	7.35	1.43	4.51	-2.73	0.97	3.53	Upgrade
Change in Other Net Operating Assets	-0.9	-3.78	1.81	-0.33	20.94	-2.51	Upgrade
Other Operating Activities	56.86	37.45	-127.68	45.63	109.91	27.29	Upgrade
Operating Cash Flow	237.94	212.96	276.9	316.44	297.5	209.77	Upgrade
Operating Cash Flow Growth	5.73%	-23.09%	-12.50%	6.37%	41.82%	-13.30%	Upgrade
Acquisition of Real Estate Assets	-88.22	-150.97	-357.22	-281.94	-158.16	-495.38	Upgrade
Sale of Real Estate Assets	53.4	112.43	3	58.86	51.89	3.18	Upgrade
Net Sale / Acq. of Real Estate Assets	-34.82	-38.54	-354.22	-223.08	-106.27	-492.2	Upgrade
Other Investing Activities	-0	-	-	0	-	-	Upgrade
Investing Cash Flow	-34.45	-38.14	-353.61	-222.14	-105.04	-490.96	Upgrade
Long-Term Debt Issued	-	715.69	1,205	1,015	815.92	1,613	Upgrade
Long-Term Debt Repaid	-	-795.19	-830.18	-935.18	-850.28	-1,151	Upgrade
Net Debt Issued (Repaid)	55	-79.49	375.01	80.12	-34.36	462.4	Upgrade
Repurchase of Common Stock	-0.83	-1.89	-1.62	-1.98	-1.51	-2.39	Upgrade
Common Dividends Paid	-178.87	-176.57	-174.28	-171.99	-167.4	-165.11	Upgrade
Other Financing Activities	-0.57	-1.58	-1.46	-0.09	-1.14	-1.05	Upgrade
Miscellaneous Cash Flow Adjustments	0	-0	-	-0	-	-	Upgrade
Net Cash Flow	78.23	-84.71	120.94	0.36	-11.96	12.66	Upgrade
Cash Interest Paid	36.18	34.21	20.87	13.05	13.26	17.55	Upgrade
Cash Income Tax Paid	32.06	37.15	31.82	-	26.56	31.32	Upgrade
Levered Free Cash Flow	67.3	153.07	187.75	255.54	229.1	96.52	Upgrade
Unlevered Free Cash Flow	89.61	174.74	202.66	262.69	236.07	104.75	Upgrade
Change in Working Capital	4.25	-17.29	33.79	61.71	63.7	-11.75	Upgrade

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.