HEL:OVARO 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 - 2016
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 - 2016
Net Income	1.46	0.59	2.59	0.45	-13.12	Upgrade
Depreciation & Amortization	2.42	0.05	0.05	0.05	0.04	Upgrade
Other Operating Activities	-6.77	-1.86	-2.58	-0.91	12.31	Upgrade
Operating Cash Flow	-2.89	-1.22	0.06	-0.42	-0.77	Upgrade
Acquisition of Real Estate Assets	-24	-20.73	-5.13	-11.51	-1.17	Upgrade
Sale of Real Estate Assets	7.37	14.73	7.12	4.81	39.13	Upgrade
Net Sale / Acq. of Real Estate Assets	-16.63	-6	1.98	-6.7	37.97	Upgrade
Investment in Marketable & Equity Securities	11.37	-	-	-0.56	-2.8	Upgrade
Other Investing Activities	-	-0	-	-	-	Upgrade
Investing Cash Flow	-5.39	-6.04	1.73	-7.26	35.17	Upgrade
Long-Term Debt Issued	23.81	9.15	2.44	5.08	1.9	Upgrade
Long-Term Debt Repaid	-11.89	-6.88	-1.04	-0.21	-30.42	Upgrade
Net Debt Issued (Repaid)	11.92	2.28	1.4	4.87	-28.53	Upgrade
Repurchase of Common Stock	-0.17	-0.88	-1	-0.83	-0.76	Upgrade
Common Dividends Paid	-	-1.09	-0.26	-	-	Upgrade
Other Financing Activities	0.65	-	0.2	0	-	Upgrade
Miscellaneous Cash Flow Adjustments	-	0	-0	0	-	Upgrade
Net Cash Flow	4.12	-6.95	2.12	-3.63	5.11	Upgrade
Cash Income Tax Paid	0.02	-	-	-	-	Upgrade
Levered Free Cash Flow	1.6	2.79	-1.67	-2.51	4.17	Upgrade
Unlevered Free Cash Flow	2.21	3.49	-1.3	-2.37	5.39	Upgrade

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