Ares Commercial Real Estate Corp. (ACRE)

Cash Flow Statement (Quarterly)

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

Millions USD. Fiscal year is Jan - Dec.

Quarter Ended	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	+3 Quarters
Net Income	10.03	16.2	17.15	9.95	17.62	15.74	14.41	14.93	9.77	-17.26	9.66	9.03	9.76	8.54	10.02	9.96	9.3	9.32	6.18	11.06	6.71	6.48	8.72	19.74	9.98	6.43	11.05	11.71	11.26	9.3	9.12	4.1	6.64	4.76	3.29	6.88	3.27	0.33	0.41	-0.55	Upgrade
Depreciation & Amortization	0	0	0.15	0.23	0.23	0.22	0.22	0.22	0.22	0.22	0.22	0.21	0.19	0.05	0	0	0	0	0	0	0	0	0	0.06	0.06	0.06	0.06	0.06	0.06	0.05	0.06	0.04	0.03	0.03	0.03	0.01	0	0	0	0	Upgrade
Share-Based Compensation	0.7	0.77	0.49	0.43	0.5	0.52	0.38	0.37	0.37	0.23	0.48	0.48	0.43	0.49	0.32	0.33	0.22	0.23	0.21	0.18	0.1	0.1	0.11	-0.07	0.11	0.16	0.17	0.25	0.22	0.2	0.16	0.25	0.26	0.26	0.15	0.14	0.1	0.14	0.14	0.14	Upgrade
Other Operating Activities	2.21	-0.75	0.27	-0.11	-8.48	-6.56	-6	-6.94	-4.46	25.08	-2.79	-1.18	-0.82	-2.3	0.59	-0.12	-1.09	0.14	0.99	-0.38	0.03	-0.37	-13.51	-52.96	5.47	11.17	59.66	-30.43	85.9	116.01	-219.16	24.83	-56.94	2.64	16.69	-3.77	-2.57	0.76	1.1	1.44	Upgrade
Operating Cash Flow	12.94	16.22	18.07	10.5	9.86	9.92	9.02	8.58	5.9	8.27	7.58	8.54	9.55	6.79	10.93	10.16	8.43	9.7	7.38	10.85	6.84	6.21	-4.68	-33.24	15.61	17.81	70.94	-18.42	97.44	125.55	-209.81	29.22	-50.01	7.69	20.16	3.27	0.79	1.23	1.64	1.02	Upgrade
Operating Cash Flow Growth	31.25%	63.39%	100.38%	22.35%	67.18%	20.04%	19.03%	0.47%	-38.24%	21.77%	-30.69%	-15.96%	13.24%	-29.97%	48.10%	-6.35%	23.32%	56.17%	-	-	-56.21%	-65.14%	-	-	-83.98%	-85.82%	-	-	-	1533.54%	-	794.73%	-	526.92%	1128.40%	221.14%	-	-	292.58%	-	Upgrade
Capital Expenditures	0	0	-0.06	-0.06	0	0	-0.03	-0.01	-0.01	-0.23	-0.1	-1.33	-0.25	0	0	0	0	0	0	0	0	0	0	-0	-0.01	-0.34	-0.51	-0.03	-0.01	-0.06	-0.61	-0.98	-0.19	-0.05	-0.03	-0.01	0	0	0	0.06	Upgrade
Acquisitions	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-16.98	89.98	0	0	0	0	0	0	0	0	0	0	0	-57.26	-1	0	0	0	Upgrade
Change in Investments	-165.88	89.68	-124.55	-267.07	-176.6	-131.35	23.43	87.78	80.93	-273.72	-106.51	0.8	-58.04	-8.99	139.28	86.28	-71.35	3.71	-181.34	100.43	-268.17	-56.69	199.14	-366.03	93.47	-59.52	61.59	84.69	-47.17	159.82	-238.88	-9.25	-115.4	-66.47	-350.43	-165.75	-115.52	-55.7	-162.73	-112.33	Upgrade
Other Investing Activities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-1.26	0	0	0	0	0	0	0	0	Upgrade
Investing Cash Flow	-165.88	89.68	-124.61	-267.13	-176.6	-131.35	23.4	87.77	80.92	-273.95	-106.61	-0.54	-58.29	-8.99	139.28	86.28	-71.35	3.71	-181.34	100.43	-268.17	-56.69	182.16	-276.05	93.46	-59.86	61.08	84.66	-47.17	159.77	-239.49	-11.49	-115.59	-66.52	-350.46	-223.01	-116.52	-55.7	-162.73	-112.27	Upgrade
Dividends Paid	-16.74	-16.67	-16.52	-16.53	-14.25	-11.12	-11.07	-11.07	-11.06	-9.57	-9.53	-9.53	-9.52	-8.91	-8.32	-8.04	-8.01	-7.72	-7.72	-7.72	-7.69	-7.41	-7.41	-7.41	-7.43	-7.15	-7.15	-7.15	-7.15	-7.15	-7.15	-7.15	-7.15	-7.13	-7.12	-6.82	-2.32	-2.32	-0.56	-0.56	Upgrade
Share Issuance / Repurchase	103.39	2.87	2.12	0	101.79	100.87	0	0	0	73.23	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-1.08	-0.36	0	0	0	0	0	0	0	0	0	7.69	243	0	0	0	Upgrade
Debt Issued / Paid	79.2	-128.3	159.13	214.14	58.11	62.83	-26.5	-75.67	-76.22	272.53	108.56	2.51	52.13	16.25	-134.44	-88.21	71.17	-28.51	182.73	-79.51	233.23	68.72	-156.22	356.22	-97.82	48.18	-80.37	-53.71	-41.38	-289.39	386.43	-13.24	163.95	77.12	351.61	192.08	-98.77	55.79	164.47	48.79	Upgrade
Other Financing Activities	-1.05	-0.65	-3.36	-0.87	-1.18	-7.98	-1.37	-1.31	-1.42	-1.27	-0.69	-0.25	-1.46	-3.41	-1.4	-0.21	-0.39	-0.32	-0.96	-1.53	-2.88	-13.7	-38.36	-4.06	-2.6	-1.45	-45.9	-3.1	-2.64	3.67	75.13	-6.05	-1.45	-0.86	-6.64	-0.88	-8.5	0.16	-3.41	-0.45	Upgrade
Financing Cash Flow	164.81	-142.75	141.36	196.74	144.47	144.6	-38.93	-88.05	-88.7	334.93	98.34	-7.27	41.15	3.92	-144.16	-96.46	62.77	-36.55	174.06	-88.76	222.66	47.61	-201.99	344.75	-108.93	39.22	-133.43	-63.96	-51.17	-292.87	454.4	-26.44	155.35	69.14	337.85	192.07	133.41	53.64	160.5	47.78	Upgrade
Net Cash Flow	11.87	-36.86	34.83	-59.88	-22.27	23.17	-6.52	8.31	-1.89	69.24	-0.7	0.74	-7.6	1.73	6.06	-0.01	-0.16	-23.14	0.1	22.52	-38.68	-2.87	-24.5	35.46	0.15	-2.83	-1.4	2.29	-0.9	-7.55	5.1	-8.7	-10.25	10.3	7.55	-27.68	17.69	-0.84	-0.59	-63.47	Upgrade
Free Cash Flow	12.94	16.22	18.01	10.44	9.86	9.92	8.99	8.58	5.89	8.04	7.48	7.21	9.29	6.79	10.93	10.16	8.43	9.7	7.38	10.85	6.84	6.21	-4.68	-33.24	15.6	17.47	70.43	-18.44	97.43	125.5	-210.42	28.24	-50.2	7.63	20.13	3.26	0.79	1.23	1.64	1.08	Upgrade
Free Cash Flow Growth	31.25%	63.39%	100.42%	21.74%	67.47%	23.43%	20.21%	18.98%	-36.67%	18.43%	-31.60%	-29.09%	10.25%	-29.97%	48.10%	-6.35%	23.32%	56.17%	-	-	-56.18%	-64.46%	-	-	-83.99%	-86.08%	-	-	-	1543.93%	-	767.38%	-	522.67%	1126.51%	201.76%	-	-	292.58%	-	Upgrade
Free Cash Flow Margin	51.45%	67.50%	59.82%	38.37%	41.89%	46.76%	42.38%	38.33%	32.73%	38.04%	34.64%	36.31%	42.88%	47.95%	75.24%	72.68%	61.82%	73.80%	67.88%	73.69%	65.66%	60.04%	-37.07%	-282.68%	148.36%	170.85%	565.70%	-150.65%	791.41%	680.69%	3088.52%	214.28%	-288.29%	55.49%	253.65%	25.92%	12.79%	23.02%	48.08%	72.37%	Upgrade
Free Cash Flow Per Share	0.26	0.34	0.38	0.22	0.24	0.29	0.27	0.26	0.18	0.25	0.26	0.25	0.33	0.24	0.38	0.36	0.30	0.34	0.26	0.38	0.24	0.22	-0.16	-1.17	0.55	0.61	2.47	-0.65	3.42	4.41	-7.39	0.99	-1.76	0.27	1.06	0.12	0.08	0.13	0.25	0.12	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).