Árima Real Estate SOCIMI Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2018
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	2020 - 2018
Net Income	8.37	-26.97	-7.71	10.48	26.13	Upgrade
Depreciation & Amortization	0.01	4.32	4.02	0.05	0.05	Upgrade
Other Amortization	-	-	-	0.02	0.01	Upgrade
Gain (Loss) on Sale of Investments	-1.99	-	-	-	-	Upgrade
Asset Writedown	0.76	5.69	0.84	-12.99	-28.6	Upgrade
Change in Accounts Receivable	0.84	-2.78	-1.81	-1.2	1.63	Upgrade
Change in Accounts Payable	-	-2.53	-5.76	-	-2.83	Upgrade
Change in Other Net Operating Assets	0.23	0.8	-0.05	2.79	1.4	Upgrade
Other Operating Activities	-0.57	7.99	1.96	0.83	2.35	Upgrade
Operating Cash Flow	7.64	-13.46	-8.5	-0.02	0.14	Upgrade
Acquisition of Real Estate Assets	-55.67	-8.88	-34.84	-23.99	-35.49	Upgrade
Sale of Real Estate Assets	70.45	0.02	14.5	-	-	Upgrade
Net Sale / Acq. of Real Estate Assets	14.78	-8.86	-20.34	-23.99	-35.49	Upgrade
Investment in Marketable & Equity Securities	2.63	-	-	-20	-	Upgrade
Other Investing Activities	-	35.85	-	-	-	Upgrade
Investing Cash Flow	17.41	26.99	-20.34	-44.04	-35.65	Upgrade
Short-Term Debt Issued	-	-	-	0.24	-	Upgrade
Long-Term Debt Issued	71.88	16.12	6.72	15.77	-	Upgrade
Total Debt Issued	71.88	16.12	6.72	16.01	-	Upgrade
Short-Term Debt Repaid	-61.83	-4.81	-2.23	-	-	Upgrade
Long-Term Debt Repaid	-39.03	-28.14	-15.66	-0.38	-	Upgrade
Total Debt Repaid	-100.86	-32.95	-17.89	-0.38	-	Upgrade
Net Debt Issued (Repaid)	-28.98	-16.83	-11.17	15.63	-	Upgrade
Repurchase of Common Stock	-	-0.41	-4.34	-8.91	-3.08	Upgrade
Other Financing Activities	-0.06	1.7	-	0.02	-1.61	Upgrade
Net Cash Flow	-3.99	-2.03	-44.34	-37.32	-40.2	Upgrade
Cash Interest Paid	-	4.63	2.89	2.01	1.61	Upgrade
Levered Free Cash Flow	5.98	30.57	-20.59	-20.51	2.29	Upgrade
Unlevered Free Cash Flow	12.46	33.49	-18.03	-19.59	3.03	Upgrade
Change in Working Capital	1.07	-4.5	-7.62	1.59	0.2	Upgrade

Source: S&P Capital IQ. Real Estate template. Financial Sources.