National Storage REIT Cash Flow Statement

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

Millions AUD. Fiscal year is Jul - Jun.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021	2016 - 2020
Net Income	27.5	29	37.3	27.22	3.73	Upgrade
Depreciation & Amortization	2.9	2.7	2.83	3.18	2.35	Upgrade
Gain (Loss) on Sale of Assets	10.2	9.7	8.49	7	4.13	Upgrade
Gain (Loss) on Sale of Investments	-8	-	-2.05	-	-	Upgrade
Asset Writedown	-113.7	-94.2	-194.32	-516.95	-235.79	Upgrade
Restructuring Activities	-	3.5	-	-	-	Upgrade
Stock-Based Compensation	1.2	1.2	1.5	2.56	-	Upgrade
Income (Loss) on Equity Investments	-0.7	-0.2	0.02	-1.74	0.57	Upgrade
Change in Accounts Receivable	3.4	-2.2	1.98	-3.44	0.94	Upgrade
Change in Other Net Operating Assets	0.1	-7.8	2.13	8.88	11.14	Upgrade
Other Operating Activities	294.3	242.9	331.22	638.17	344.63	Upgrade
Operating Cash Flow	218.6	184.4	188.31	165.75	135.16	Upgrade
Operating Cash Flow Growth	18.55%	-2.08%	13.61%	22.63%	51.05%	Upgrade
Acquisition of Real Estate Assets	-608.5	-465.6	-344.46	-279.21	-428.94	Upgrade
Sale of Real Estate Assets	318.9	-	-	-	-	Upgrade
Net Sale / Acq. of Real Estate Assets	-289.6	-465.6	-344.46	-279.21	-428.94	Upgrade
Investment in Marketable & Equity Securities	-199	1.3	1.52	-0.91	-	Upgrade
Other Investing Activities	6.6	-2	1.15	-	-	Upgrade
Investing Cash Flow	-485.2	-466.8	-342.79	-281.25	-429.74	Upgrade
Long-Term Debt Issued	1,259	738.4	798.4	1,231	391.06	Upgrade
Long-Term Debt Repaid	-787.9	-301	-843.98	-1,026	-323.51	Upgrade
Net Debt Issued (Repaid)	470.9	437.4	-45.57	204.72	67.56	Upgrade
Issuance of Common Stock	-	-	340.36	-	325.47	Upgrade
Common Dividends Paid	-104.8	-102.4	-104.89	-76.78	-63.17	Upgrade
Other Financing Activities	-89.2	-64.7	-51.81	-24.59	-29.77	Upgrade
Foreign Exchange Rate Adjustments	-	-	0.06	-0.12	0.05	Upgrade
Net Cash Flow	10.3	-12.1	-16.32	-12.26	5.56	Upgrade
Cash Interest Paid	89.1	64.7	46.6	24.51	21.47	Upgrade
Cash Income Tax Paid	13.9	19.9	13.33	0.81	0.54	Upgrade
Levered Free Cash Flow	255.7	-36.12	108.46	106.87	89.96	Upgrade
Unlevered Free Cash Flow	292.76	-5.75	135.08	122.07	107.2	Upgrade
Change in Working Capital	4.9	-10.2	3.31	6.32	15.54	Upgrade

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.