Develia S.A. (WSE:DVL)

Develia Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	360.88	380.27	275.62	230.94	153.95	-138.8
Depreciation & Amortization	7.41	6.66	2.95	2.03	1.55	1.87
Gain (Loss) on Sale of Assets	-	-	-	4.04	50.85	203.87
Asset Writedown	-1.42	-0.74	28.52	-	-	-
Income (Loss) on Equity Investments	-32.81	-18.87	1.98	1.1	1.07	-
Change in Accounts Receivable	23.38	159.61	-225.27	68.8	-67.67	99.86
Change in Other Net Operating Assets	461.81	204.2	336.63	-117.85	285.03	63.66
Other Operating Activities	53.93	56.57	350.02	67.4	7.71	12.25
Operating Cash Flow	284.44	311.96	106.84	169.97	86.81	59.94
Operating Cash Flow Growth	-	191.98%	-37.14%	95.80%	44.83%	-
Acquisition of Real Estate Assets	-19.51	-24.47	-7.88	-29.4	-32.15	-34.87
Sale of Real Estate Assets	50.5	55.38	317.93	392.16	0	436.07
Net Sale / Acq. of Real Estate Assets	31	30.91	310.06	362.77	-32.15	401.21
Investment in Marketable & Equity Securities	-45.1	-4.7	-373.23	5.81	-78.09	-75
Other Investing Activities	18.07	17.23	24.33	-	-	-
Investing Cash Flow	3.96	43.44	-38.84	368.57	-110.24	326.21
Long-Term Debt Issued	-	329.85	640	31.43	273.1	190.83
Long-Term Debt Repaid	-	-306.47	-330.71	-311.14	-188.04	-460.83
Net Debt Issued (Repaid)	4.08	23.38	309.29	-279.71	85.05	-270
Issuance of Common Stock	9.18	9.18	10.32	-	-	-
Common Dividends Paid	-226.14	-226.14	-179.02	-201.4	-76.09	-44.76
Other Financing Activities	-86.97	-81.25	-61.73	-38.07	-29.82	-35.24
Net Cash Flow	-11.45	80.57	146.85	19.37	-44.28	36.15
Cash Interest Paid	86.98	81.25	62.72	38.07	29.82	35.24
Cash Income Tax Paid	92.17	104.42	60.36	18.73	68.42	49.87
Levered Free Cash Flow	137.14	212.4	27.24	211.38	-593.85	497.27
Unlevered Free Cash Flow	146.4	220.34	41.05	220.32	-582.81	509.16

Updated Nov 21, 2024. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.