Globe Trade Centre S.A. (WSE:GTC)

Globe Trade Centre Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-18.8	50.9	10.5	23.4	41.65	-70.19
Depreciation & Amortization	1.5	1.4	1	0.5	0.65	0.65
Other Amortization	-	-	-	-	4.4	1.91
Gain (Loss) on Sale of Assets	-	-	-	-	0.94	-
Gain (Loss) on Sale of Investments	18	-8.4	-2.7	-	-	-
Asset Writedown	23.3	10.6	59	29.4	11.93	142.72
Stock-Based Compensation	-	-	-0.8	-0.7	0.43	-0.47
Change in Accounts Receivable	2.6	-1.3	-4	-2	-4.95	2.47
Change in Accounts Payable	12.1	6.9	2.7	-0.7	3.55	-0.8
Change in Other Net Operating Assets	0.8	1.6	2	1.2	2.88	0.03
Other Operating Activities	59.7	36.3	27.5	37	44.37	23.93
Operating Cash Flow	99.2	98	95.2	88.1	106.43	100.33
Operating Cash Flow Growth	-0.50%	2.94%	8.06%	-17.22%	6.08%	-1.07%
Acquisition of Real Estate Assets	-239.9	-255.7	-127.8	-143.5	-369.02	-100
Sale of Real Estate Assets	66.4	-	49.2	11.2	1.21	64.57
Net Sale / Acq. of Real Estate Assets	-173.5	-255.7	-78.6	-132.3	-367.81	-35.43
Cash Acquisition	-	-	-	-	-	-1.8
Investment in Marketable & Equity Securities	-94	7	-33.1	-130.3	1.15	5.92
Other Investing Activities	2	-0.3	3.3	-1.3	-0.59	1.01
Investing Cash Flow	-229.7	-234.5	-108	-77.7	-366.65	-30.3
Long-Term Debt Issued	-	265.2	74.1	6.2	706.07	286.81
Long-Term Debt Repaid	-	-56.7	-49.1	-52.7	-585.84	-224.46
Net Debt Issued (Repaid)	234.1	208.5	25	-46.5	120.23	62.35
Issuance of Common Stock	-	-	-	120.4	-	-
Common Dividends Paid	-	-29.6	-28.6	-33.2	-	-
Other Financing Activities	-66.1	-48.9	-39.2	-29.9	-35.33	-34.64
Foreign Exchange Rate Adjustments	0.2	1.3	0.9	-2.7	-0.04	-5.38
Net Cash Flow	37.7	-5.2	-54.7	18.5	-175.36	92.36
Cash Interest Paid	57	35.2	30.5	28.8	32.79	32.07
Cash Income Tax Paid	10.3	7.9	7.3	11.1	8.89	6.36
Levered Free Cash Flow	-18.81	31	17.04	255.07	-203.94	46.34
Unlevered Free Cash Flow	17.69	57	37.1	274.32	-184.48	66.45
Change in Working Capital	15.5	7.2	0.7	-1.5	2.06	1.77

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