IREIT Global 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	-63.2	8.6	-105.33	36.44	128.49	Upgrade
Other Amortization	-	0.81	0.79	0.77	0.6	Upgrade
Gain (Loss) on Sale of Assets	-	0.22	-	-	-	Upgrade
Asset Writedown	81.97	19.38	144.69	27.64	-115	Upgrade
Stock-Based Compensation	-	-	0.78	-	1.81	Upgrade
Change in Accounts Receivable	-12.98	4.15	-6.29	-1.23	-1.59	Upgrade
Change in Accounts Payable	2.64	-1.52	3.31	0.07	3.7	Upgrade
Other Operating Activities	6.3	16.69	-3.71	-23.81	20.97	Upgrade
Operating Cash Flow	14.74	48.33	34.24	39.88	38.98	Upgrade
Operating Cash Flow Growth	-69.50%	41.16%	-14.14%	2.31%	47.15%	Upgrade
Acquisition of Real Estate Assets	-18.91	-2.44	-90.69	-3.52	-150.55	Upgrade
Sale of Real Estate Assets	-	24.5	-	-	9.5	Upgrade
Net Sale / Acq. of Real Estate Assets	-18.91	22.06	-90.69	-3.52	-141.05	Upgrade
Other Investing Activities	0.8	1.02	0.21	-	-	Upgrade
Investing Cash Flow	-18.11	23.08	-90.47	-3.52	-141.05	Upgrade
Long-Term Debt Issued	58.11	-	41.39	-	65	Upgrade
Long-Term Debt Repaid	-5.04	-14.91	-0.03	-	-	Upgrade
Net Debt Issued (Repaid)	53.07	-14.91	41.36	-	65	Upgrade
Issuance of Common Stock	-	-	51.2	-	79.21	Upgrade
Common Dividends Paid	-22.19	-25.55	-27.28	-33.73	-26.38	Upgrade
Other Financing Activities	-10.02	-4.9	-12.1	-5.12	-7.19	Upgrade
Net Cash Flow	17.49	26.05	-3.05	-2.5	8.56	Upgrade
Cash Income Tax Paid	2.08	1.16	2.49	0.35	0.64	Upgrade
Levered Free Cash Flow	2.77	55.27	-4.5	20.77	26.97	Upgrade
Unlevered Free Cash Flow	7.9	59.09	-1.02	23.73	29.52	Upgrade
Change in Working Capital	-10.33	2.63	-2.98	-1.16	2.1	Upgrade

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