Tokyu REIT, Inc. (TYO:8957)

Tokyu REIT Cash Flow Statement

Financials in millions JPY. Fiscal year is February - January.

Fiscal Year	FY 2025	FY 2024	FY 2024	FY 2024	FY null
Period Ending	Jan 31, 2025	Jan 31, 2024	Jul 31, 2024	Jan 31, 2024	Jun 30, 2023
Net Income	9,458	8,672	9,162	8,672	-
Depreciation & Amortization	1,951	1,910	1,900	1,910	-
Other Amortization	4	3	8	3	-
Gain (Loss) on Sale of Assets	13	3	11	3	-
Change in Accounts Receivable	-14	-41	-9	-41	-
Change in Accounts Payable	678	-317	156	-317	-
Change in Other Net Operating Assets	2,267	1,900	3,068	1,900	-
Other Operating Activities	4,898	793	59	793	-
Operating Cash Flow	18,888	13,494	13,778	13,494	-
Operating Cash Flow Growth	39.97%	-2.06%	2.10%	-	-
Acquisition of Real Estate Assets	-17,893	-1,110	-17,921	-1,110	-
Net Sale / Acq. of Real Estate Assets	-17,893	-1,110	-17,921	-1,110	-
Other Investing Activities	683	69	622	69	-
Investing Cash Flow	-17,210	-1,041	-17,299	-1,041	-
Short-Term Debt Issued	-	-	7,000	-	-
Long-Term Debt Issued	-	-	10,500	-	-
Total Debt Issued	12,000	6,000	17,500	6,000	-
Long-Term Debt Repaid	-	-	-10,500	-	-
Total Debt Repaid	-10,000	-6,000	-10,500	-6,000	-
Net Debt Issued (Repaid)	2,000	-	7,000	-	-
Common Dividends Paid	-3,665	-3,948	-7,330	-3,948	-
Common & Preferred Dividends Paid	-3,713	-3,665	-	-3,665	-
Total Dividends Paid	-7,378	-7,613	-7,330	-7,613	-
Miscellaneous Cash Flow Adjustments	-4	-2	-4	-2	-
Net Cash Flow	-3,704	4,838	-3,855	4,838	-
Cash Interest Paid	835	800	807	800	-
Cash Income Tax Paid	1	-	-	-	-
Levered Free Cash Flow	-	6,287	5,450	6,287	-
Unlevered Free Cash Flow	-	6,798	5,954	6,798	-
Change in Net Working Capital	-207	-132	1,716	-132	-

Updated Mar 17, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.