Property For Industry Limited (NZE:PFI)

Property For Industry Cash Flow Statement

Financials in millions NZD. Fiscal year is July - June.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	42.36	-97.79	-13.94	452.81	113.45
Depreciation & Amortization	0.49	0.57	0.19	0.18	0.17
Gain (Loss) on Sale of Assets	1.05	0.79	-0.58	-2.64	0.01
Asset Writedown	8.33	140.83	85.82	-392.52	-72.55
Stock-Based Compensation	0.35	0.35	0.36	0.34	0.3
Change in Accounts Receivable	6.11	-4.59	1.33	-0.35	-3.07
Change in Accounts Payable	1.99	5.01	1.1	2.19	-0.24
Other Operating Activities	-3.82	3.97	-21.64	-3.74	6.31
Operating Cash Flow	55.66	46.93	52.08	56.13	35.16
Operating Cash Flow Growth	18.59%	-9.88%	-7.21%	59.61%	-27.30%
Acquisition of Real Estate Assets	-121.56	-77.03	-27.36	-250.27	-89.9
Sale of Real Estate Assets	57.75	27.9	21.7	108.76	6.91
Net Sale / Acq. of Real Estate Assets	-63.81	-49.13	-5.66	-141.51	-82.99
Other Investing Activities	0.01	-0.38	-	0.9	5.24
Investing Cash Flow	-63.8	-49.51	-5.66	-140.61	-77.75
Long-Term Debt Issued	-	150.5	2.47	111.36	100
Total Debt Issued	53.17	150.5	2.47	111.36	100
Long-Term Debt Repaid	-	-105.39	-0.11	-0.11	-25.81
Total Debt Repaid	-0.24	-105.39	-0.11	-0.11	-25.81
Net Debt Issued (Repaid)	52.93	45.12	2.35	111.25	74.19
Repurchase of Common Stock	-	-	-8.66	-	-
Common Dividends Paid	-44.19	-42.68	-39.89	-27.07	-31.38
Net Cash Flow	0.59	-0.15	0.23	-0.31	0.23
Cash Interest Paid	29.66	27.93	23.58	19.81	17.97
Cash Income Tax Paid	6.4	7.83	11.08	10.3	19.68
Levered Free Cash Flow	-	20.13	40.22	148.14	-76.2
Unlevered Free Cash Flow	-	44.7	44.03	153.03	-65.21
Change in Net Working Capital	-	7.32	9.51	-99.75	112.85

Updated Feb 25, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.