KREF Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015
Net Income	-53.92	15.37	125.64	53.55	90.49	87.29	58.82	31.14	16.75
Share-Based Compensation	8.08	7.84	7.43	5.68	4.09	1.97	0.07	0	0
Other Operating Activities	178.49	95.19	-19.82	54.99	-2.34	-14.89	-5.33	-5.75	-5.22
Operating Cash Flow	155.72	141.13	124.79	115.06	91.71	76.83	53.8	25.41	11.54
Operating Cash Flow Growth	10.34%	13.09%	8.46%	25.46%	19.37%	42.80%	111.76%	120.12%	-
Acquisitions	1.29	0	1.3	0	0	0	37.31	-10.24	-23.89
Change in Investments	14.06	-1,175.47	-1,542.14	88.71	-926.31	-1,997.21	-1,120.99	-445.75	-340.15
Other Investing Activities	-1.86	-1.66	-	-	-	-	-	-0.46	-0.27
Investing Cash Flow	13.49	-1,177.13	-1,540.84	88.71	-926.31	-1,997.21	-1,083.68	-456.45	-364.31
Dividends Paid	-118.85	-115.37	-95.68	-96.45	-98.95	-88.85	-50.58	-21.91	-7.55
Share Issuance / Repurchase	0	157.06	120.06	-25.22	-5.36	76.83	575.83	205.8	256.75
Debt Issued / Paid	-129.7	843.94	1,401	-36.96	920.98	1,919	520.35	317.03	121.84
Other Financing Activities	-22.96	127.23	153.22	-1.93	-0.98	-3.94	-8.56	-0.32	8.45
Financing Cash Flow	-271.51	1,013	1,579	-160.56	815.69	1,903	1,037	500.6	379.49
Net Cash Flow	-102.31	-23.15	162.94	43.21	-18.91	-16.99	7.17	69.56	26.73
Free Cash Flow	155.72	141.13	124.79	115.06	91.71	76.83	53.8	25.41	11.54
Free Cash Flow Growth	10.34%	13.09%	8.46%	25.46%	19.37%	42.80%	111.76%	120.12%	-
Free Cash Flow Margin	76.78%	68.82%	70.23%	80.37%	75.50%	64.75%	67.58%	61.67%	51.73%
Free Cash Flow Per Share	2.25	2.09	2.21	2.06	1.60	1.39	1.19	1.32	1.34

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).