First Real Estate Investment Trust
SGX:AW9U
Cash Flow Statement
Cash Flow Statement
First Real Estate Investment Trust
Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Income |
61
|
58
|
58
|
61
|
78
|
79
|
110
|
113
|
119
|
123
|
103
|
104
|
113
|
114
|
110
|
111
|
96
|
95
|
95
|
97
|
64
|
68
|
70
|
71
|
94
|
94
|
94
|
94
|
75
|
74
|
75
|
74
|
75
|
54
|
(358)
|
(352)
|
63
|
58
|
34
|
33
|
63
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Non-Cash Items |
(8)
|
(4)
|
(4)
|
(6)
|
(22)
|
(20)
|
(45)
|
(42)
|
(43)
|
(41)
|
(18)
|
(18)
|
(25)
|
(24)
|
(18)
|
(18)
|
(2)
|
(1)
|
(1)
|
(1)
|
31
|
30
|
29
|
29
|
6
|
7
|
8
|
10
|
31
|
31
|
31
|
30
|
29
|
31
|
423
|
417
|
11
|
21
|
46
|
48
|
19
|
|
Cash Taxes Paid |
8
|
9
|
9
|
9
|
9
|
10
|
10
|
12
|
13
|
14
|
15
|
15
|
16
|
15
|
15
|
14
|
15
|
16
|
17
|
18
|
17
|
17
|
18
|
18
|
17
|
18
|
18
|
18
|
19
|
19
|
19
|
19
|
19
|
17
|
14
|
12
|
4
|
1
|
5
|
5
|
12
|
|
Cash Interest Paid |
3
|
3
|
3
|
4
|
4
|
5
|
6
|
7
|
11
|
11
|
13
|
14
|
14
|
14
|
13
|
14
|
14
|
15
|
16
|
16
|
16
|
17
|
17
|
19
|
20
|
19
|
21
|
21
|
17
|
19
|
18
|
16
|
14
|
14
|
18
|
15
|
11
|
10
|
15
|
18
|
18
|
|
Change in Working Capital |
(10)
|
(10)
|
(8)
|
(9)
|
(7)
|
(7)
|
(7)
|
(8)
|
(13)
|
(14)
|
(17)
|
(14)
|
(7)
|
(8)
|
(9)
|
(11)
|
(20)
|
(18)
|
(17)
|
(13)
|
(14)
|
(23)
|
(24)
|
(31)
|
(27)
|
(22)
|
(22)
|
(38)
|
(32)
|
(29)
|
(18)
|
0
|
(5)
|
(14)
|
(14)
|
(15)
|
(8)
|
26
|
14
|
(19)
|
(12)
|
|
Cash from Operating Activities |
43
N/A
|
43
+1%
|
46
+6%
|
46
+0%
|
50
+9%
|
52
+5%
|
58
+11%
|
64
+10%
|
63
-1%
|
67
+6%
|
68
+1%
|
72
+5%
|
81
+13%
|
82
+1%
|
83
+1%
|
81
-2%
|
74
-9%
|
76
+2%
|
77
+2%
|
82
+7%
|
81
-1%
|
74
-9%
|
75
+1%
|
69
-8%
|
73
+6%
|
79
+9%
|
81
+2%
|
66
-18%
|
73
+11%
|
77
+4%
|
87
+14%
|
105
+20%
|
100
-5%
|
71
-29%
|
50
-29%
|
50
-1%
|
66
+33%
|
104
+57%
|
93
-11%
|
63
-33%
|
70
+12%
|
|
Investing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Capital Expenditures |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Items |
(36)
|
(17)
|
(18)
|
(2)
|
(149)
|
(148)
|
(289)
|
(288)
|
(142)
|
(142)
|
(28)
|
(28)
|
(68)
|
(67)
|
(40)
|
(40)
|
(56)
|
(74)
|
(74)
|
(74)
|
(30)
|
(12)
|
(12)
|
(21)
|
(71)
|
(71)
|
(71)
|
(62)
|
0
|
1
|
1
|
1
|
1
|
2
|
1
|
(1)
|
6
|
10
|
8
|
3
|
(5)
|
|
Cash from Investing Activities |
(36)
N/A
|
(17)
+53%
|
(18)
-3%
|
(2)
+88%
|
(149)
-6 879%
|
(148)
+0%
|
(289)
-95%
|
(288)
+0%
|
(142)
+51%
|
(142)
0%
|
(28)
+80%
|
(28)
0%
|
(68)
-144%
|
(67)
+0%
|
(40)
+41%
|
(40)
+0%
|
(56)
-41%
|
(74)
-32%
|
(74)
+0%
|
(74)
+0%
|
(30)
+59%
|
(12)
+61%
|
(12)
0%
|
(21)
-75%
|
(71)
-243%
|
(71)
+0%
|
(71)
+0%
|
(62)
+13%
|
0
N/A
|
1
+43%
|
1
-9%
|
1
+51%
|
1
+42%
|
2
+51%
|
1
-42%
|
(1)
N/A
|
6
N/A
|
10
+79%
|
8
-19%
|
3
-62%
|
(5)
N/A
|
|
Financing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Issuance of Common Stock |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
59
|
59
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Issuance of Debt |
39
|
16
|
16
|
(1)
|
116
|
0
|
256
|
256
|
141
|
137
|
18
|
14
|
39
|
43
|
21
|
25
|
44
|
54
|
54
|
(3)
|
(31)
|
(41)
|
(41)
|
50
|
63
|
65
|
65
|
44
|
24
|
12
|
12
|
(1)
|
(10)
|
0
|
0
|
(141)
|
(141)
|
(1)
|
(2)
|
16
|
6
|
|
Cash Paid for Dividends |
(37)
|
(44)
|
(46)
|
(49)
|
(54)
|
(46)
|
(52)
|
(46)
|
(43)
|
(49)
|
(40)
|
(44)
|
(40)
|
(41)
|
(43)
|
(45)
|
(50)
|
(52)
|
(53)
|
(57)
|
(57)
|
(57)
|
(60)
|
(61)
|
(63)
|
(65)
|
(65)
|
(65)
|
(65)
|
(68)
|
(68)
|
(68)
|
(68)
|
(66)
|
(44)
|
(29)
|
(38)
|
(43)
|
(49)
|
(54)
|
(52)
|
|
Other |
(3)
|
(3)
|
(3)
|
(4)
|
25
|
23
|
22
|
21
|
(11)
|
(11)
|
(13)
|
(14)
|
(14)
|
(14)
|
(13)
|
(14)
|
(14)
|
(7)
|
(8)
|
(8)
|
(16)
|
(25)
|
(25)
|
(27)
|
(20)
|
(19)
|
(21)
|
(21)
|
(20)
|
(21)
|
(20)
|
(19)
|
(18)
|
(18)
|
(21)
|
139
|
139
|
(25)
|
(51)
|
(49)
|
(23)
|
|
Cash from Financing Activities |
(2)
N/A
|
(30)
-1 905%
|
(33)
-10%
|
(54)
-62%
|
87
N/A
|
93
+7%
|
226
+144%
|
231
+2%
|
87
-62%
|
78
-11%
|
(34)
N/A
|
(43)
-26%
|
(14)
+67%
|
(12)
+16%
|
(35)
-193%
|
(34)
+3%
|
(19)
+44%
|
(5)
+76%
|
(7)
-46%
|
(9)
-27%
|
(45)
-422%
|
(64)
-43%
|
(67)
-5%
|
(38)
+43%
|
(19)
+49%
|
(19)
+5%
|
(21)
-13%
|
(42)
-99%
|
(62)
-48%
|
(77)
-25%
|
(76)
+2%
|
(88)
-16%
|
(96)
-9%
|
(84)
+12%
|
(65)
+23%
|
(30)
+53%
|
(40)
-32%
|
(69)
-73%
|
(103)
-48%
|
(86)
+16%
|
(69)
+20%
|
|
Change in Cash | ||||||||||||||||||||||||||||||||||||||||||
Effect of Foreign Exchange Rates |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(4)
|
(3)
|
(2)
|
|
Net Change in Cash |
5
N/A
|
(4)
N/A
|
(5)
-26%
|
(10)
-102%
|
(12)
-19%
|
(3)
+74%
|
(5)
-43%
|
7
N/A
|
9
+27%
|
3
-64%
|
6
+89%
|
1
-88%
|
(1)
N/A
|
2
N/A
|
7
+264%
|
7
-3%
|
(1)
N/A
|
(3)
-121%
|
(4)
-14%
|
0
N/A
|
7
+5 524%
|
(1)
N/A
|
(4)
-207%
|
10
N/A
|
(18)
N/A
|
(10)
+42%
|
(11)
-9%
|
(37)
-229%
|
12
N/A
|
0
-99%
|
13
+18 288%
|
18
+44%
|
5
-71%
|
(11)
N/A
|
(14)
-24%
|
19
N/A
|
32
+70%
|
42
+32%
|
(5)
N/A
|
(24)
-365%
|
(6)
+75%
|
|
Free Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Free Cash Flow |
43
N/A
|
43
+1%
|
46
+6%
|
46
+0%
|
50
+9%
|
52
+5%
|
58
+11%
|
64
+10%
|
63
-1%
|
67
+6%
|
68
+1%
|
72
+5%
|
81
+13%
|
82
+1%
|
83
+1%
|
81
-2%
|
74
-9%
|
76
+2%
|
77
+2%
|
82
+7%
|
81
-1%
|
74
-9%
|
75
+1%
|
69
-8%
|
73
+6%
|
79
+9%
|
81
+2%
|
66
-18%
|
73
+10%
|
77
+4%
|
87
+14%
|
105
+20%
|
100
-5%
|
71
-29%
|
50
-29%
|
50
-1%
|
66
+33%
|
104
+57%
|
93
-11%
|
63
-33%
|
70
+12%
|