National Storage Affiliates Trust (NSA)

NSA Cash Flow Statement

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

Year	2023	2022	2021	2020	2019
Net Income	137.65	90.31	92.15	35.51	-8.41
Depreciation & Amortization	221.99	233.16	158.31	117.17	105.12
Share-Based Compensation	6.68	6.26	5.46	4.28	4.53
Other Operating Activities	56.24	100.69	62.32	50.59	83.02
Operating Cash Flow	441.58	443.85	331.35	220.65	196.65
Operating Cash Flow Growth	-0.51%	33.95%	50.17%	12.21%	21.54%
Capital Expenditures	178.03	-529.12	-1,995.19	-514.36	-390.66
Acquisitions	-16.92	-55.04	-2.87	-2.89	4.94
Change in Investments	0	0	0	7.56	-7.32
Investing Cash Flow	161.11	-584.17	-1,998.05	-509.68	-393.03
Dividends Paid	-190.91	-195.7	-131.71	-90.14	-74.55
Share Issuance / Repurchase	-310.15	-90.11	901.08	83.58	71.91
Debt Issued / Paid	104.37	595.65	1,021	380.88	251.89
Other Financing Activities	-160.49	-155.2	-117.55	-87.87	-44.78
Financing Cash Flow	-557.19	154.64	1,673	286.45	204.47
Net Cash Flow	45.49	14.32	6.17	-2.58	0
Free Cash Flow	619.61	-85.27	-1,663.84	-293.7	-194
Free Cash Flow Margin	72.21%	-10.64%	-284.09%	-67.95%	-50.01%
Free Cash Flow Per Share	7.13	-0.94	-20.49	-4.41	-3.33

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).