Fiducial Real Estate Cash Flow Statement

Financials in millions EUR. Fiscal year is October - September.

Millions EUR. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021	2020 - 2016
Net Income	-	32.54	32.08	35.23	29.88	Upgrade
Depreciation & Amortization	-	16.17	15.03	15.8	16.06	Upgrade
Gain (Loss) on Sale of Assets	-	-0.49	-1.16	1.2	-0.17	Upgrade
Change in Accounts Receivable	-	3.67	-	-	-	Upgrade
Change in Accounts Payable	-	-2.52	-	-	-	Upgrade
Change in Other Net Operating Assets	-	-0	-1.41	1.24	-2.82	Upgrade
Other Operating Activities	-	-0.44	0.14	-0.43	-0.4	Upgrade
Operating Cash Flow	-	49.08	44.67	53.03	42.54	Upgrade
Operating Cash Flow Growth	-	9.86%	-15.76%	24.65%	1.37%	Upgrade
Acquisition of Real Estate Assets	-	-20.69	-29.45	-13.13	-21.02	Upgrade
Sale of Real Estate Assets	-	1.49	3.59	1.76	1.09	Upgrade
Net Sale / Acq. of Real Estate Assets	-	-19.19	-25.85	-11.37	-19.92	Upgrade
Cash Acquisition	-	-0	-	-0.23	-	Upgrade
Investment in Marketable & Equity Securities	-	-0.14	-0.14	-0.02	0	Upgrade
Other Investing Activities	-	-0.64	0.42	-0.1	-0.26	Upgrade
Investing Cash Flow	-	-19.98	-25.57	-11.72	-20.18	Upgrade
Long-Term Debt Issued	-	22.48	20.98	12.52	13.89	Upgrade
Long-Term Debt Repaid	-	-28.77	-26.38	-31.63	-30.17	Upgrade
Net Debt Issued (Repaid)	-	-6.29	-5.41	-19.11	-16.27	Upgrade
Common Dividends Paid	-	-7.97	-6.64	-6.05	-	Upgrade
Other Financing Activities	-	-10.64	-9.73	-25.86	12.3	Upgrade
Net Cash Flow	-	4.2	-2.67	-9.71	18.39	Upgrade
Levered Free Cash Flow	-	6.71	-5.74	2.76	38.25	Upgrade
Unlevered Free Cash Flow	-	10.3	-2.03	5.63	41.51	Upgrade
Change in Working Capital	-	1.3	-1.41	1.24	-2.82	Upgrade

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