Swiss Prime Site AG Cash Flow Statement

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

Millions CHF. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	382.47	360.25	236.02	404.43	498.89
Depreciation & Amortization	5.15	8.01	5.65	0.48	14.25
Other Amortization	3.24	3.33	2.48	1.38	10.5
Gain (Loss) on Sale of Assets	-6.53	-10.08	-13.01	-50.88	-39.92
Gain (Loss) on Sale of Investments	3.35	-	-	-	-
Asset Writedown	-216.93	-113.71	250.49	-128.59	-301.88
Income (Loss) on Equity Investments	-0.98	-1.06	-0.8	-2.54	-0.91
Change in Accounts Receivable	-7.93	2.61	-8.03	14.09	10.65
Change in Accounts Payable	-2.95	-0.8	27.31	18.22	16.96
Change in Other Net Operating Assets	-17.69	1.74	41.77	-24.96	21.96
Other Operating Activities	206.23	122.15	36.32	116.86	195.18
Net Cash from Discontinued Operations	-	-	-142.43	19.46	-
Operating Cash Flow	354.67	403.79	430.59	364.85	442.38
Operating Cash Flow Growth	-12.16%	-6.22%	18.02%	-17.53%	48.21%
Acquisition of Real Estate Assets	-668.16	-189	-439.48	-385.65	-281.71
Sale of Real Estate Assets	134.02	341.09	216.44	303.1	186.3
Net Sale / Acq. of Real Estate Assets	-534.14	152.09	-223.04	-82.55	-95.42
Cash Acquisition	-	-143.33	-	-118.73	-
Investment in Marketable & Equity Securities	-1.48	0.03	-2.45	-7.59	0.53
Other Investing Activities	2.37	3	2.64	2.04	1.94
Investing Cash Flow	-533.32	82.88	-292.68	-214.28	-108.72
Long-Term Debt Issued	1,969	754.52	1,057	472	2,254
Long-Term Debt Repaid	-1,740	-908.42	-871.51	-412.06	-2,280
Total Debt Repaid	-1,740	-908.42	-871.51	-412.06	-2,280
Net Debt Issued (Repaid)	228.55	-153.9	185.16	59.94	-26.11
Issuance of Common Stock	300	-	-	-	-
Repurchase of Common Stock	-5.14	-4.84	-2.7	-3.09	-2.9
Common Dividends Paid	-276.8	-260.84	-260.79	-256.98	-254.5
Other Financing Activities	-59.68	-65.19	-58.71	-43.9	-78.25
Net Cash Flow	8.28	1.9	0.87	-93.46	-28.09
Cash Interest Paid	56.32	64.7	58.71	43.18	78.25
Cash Income Tax Paid	37.15	44.46	31.87	38.16	13.15
Levered Free Cash Flow	318.27	348.89	63.55	332.02	250.45
Unlevered Free Cash Flow	353.87	389.33	97.7	356.06	279.76
Change in Working Capital	-21.32	34.91	55.86	4.26	66.27

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