Boardwalk Real Estate Investment Trust
TSX:BEI.UN
Cash Flow Statement
Cash Flow Statement
Boardwalk Real Estate Investment Trust
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 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Income |
338
|
367
|
338
|
234
|
247
|
196
|
147
|
(100)
|
29
|
14
|
(14)
|
142
|
(57)
|
(96)
|
(40)
|
40
|
57
|
109
|
103
|
91
|
193
|
116
|
131
|
178
|
35
|
100
|
(7)
|
(117)
|
(197)
|
(226)
|
(140)
|
127
|
446
|
487
|
589
|
400
|
283
|
435
|
515
|
507
|
666
|
|
Depreciation & Amortization |
12
|
12
|
12
|
12
|
12
|
11
|
11
|
10
|
10
|
10
|
10
|
10
|
10
|
9
|
8
|
7
|
6
|
6
|
6
|
6
|
7
|
7
|
8
|
9
|
9
|
9
|
9
|
8
|
8
|
8
|
8
|
8
|
8
|
8
|
8
|
8
|
8
|
8
|
8
|
8
|
8
|
|
Other Non-Cash Items |
(92)
|
(121)
|
(91)
|
13
|
(86)
|
55
|
106
|
352
|
135
|
231
|
249
|
82
|
182
|
296
|
229
|
141
|
43
|
66
|
76
|
90
|
(86)
|
(23)
|
(52)
|
(109)
|
95
|
34
|
143
|
255
|
336
|
366
|
282
|
18
|
(213)
|
(232)
|
(310)
|
(96)
|
(36)
|
(180)
|
(251)
|
(235)
|
(380)
|
|
Cash Taxes Paid |
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
|
|
Cash Interest Paid |
91
|
90
|
89
|
87
|
86
|
92
|
90
|
89
|
88
|
85
|
84
|
84
|
84
|
80
|
80
|
80
|
80
|
79
|
77
|
76
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
83
|
104
|
125
|
147
|
88
|
91
|
95
|
97
|
103
|
|
Change in Working Capital |
(88)
|
(85)
|
(85)
|
(85)
|
0
|
(92)
|
(91)
|
(91)
|
(1)
|
(87)
|
(86)
|
(80)
|
(1)
|
(77)
|
(78)
|
(82)
|
(4)
|
(83)
|
(78)
|
(79)
|
(6)
|
22
|
47
|
69
|
23
|
6
|
(7)
|
(3)
|
(6)
|
(0)
|
11
|
2
|
(79)
|
(102)
|
(128)
|
(152)
|
(94)
|
(99)
|
(98)
|
(93)
|
(95)
|
|
Cash from Operating Activities |
170
N/A
|
173
+1%
|
174
+1%
|
174
0%
|
174
0%
|
170
-2%
|
172
+1%
|
172
0%
|
172
+0%
|
167
-3%
|
158
-6%
|
153
-3%
|
134
-13%
|
131
-2%
|
119
-9%
|
105
-12%
|
102
-3%
|
99
-3%
|
107
+8%
|
108
+1%
|
107
-1%
|
123
+14%
|
134
+9%
|
146
+9%
|
161
+10%
|
148
-8%
|
138
-7%
|
143
+4%
|
141
-1%
|
147
+4%
|
161
+9%
|
155
-4%
|
162
+4%
|
161
-1%
|
159
-1%
|
160
+1%
|
161
+0%
|
164
+2%
|
174
+6%
|
187
+7%
|
200
+7%
|
|
Investing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Capital Expenditures |
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(9)
|
(9)
|
(8)
|
(8)
|
(5)
|
(7)
|
(9)
|
(10)
|
(12)
|
(9)
|
(8)
|
(7)
|
(8)
|
(8)
|
(7)
|
(7)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
0
|
(4)
|
(3)
|
(4)
|
(5)
|
(6)
|
0
|
0
|
0
|
|
Other Items |
(86)
|
(87)
|
67
|
70
|
71
|
66
|
(88)
|
40
|
36
|
36
|
(45)
|
(240)
|
(243)
|
(252)
|
(197)
|
(164)
|
(190)
|
(203)
|
(192)
|
(170)
|
(199)
|
(203)
|
(232)
|
(238)
|
(193)
|
(179)
|
(142)
|
(217)
|
(212)
|
(213)
|
(253)
|
(164)
|
(138)
|
(169)
|
(141)
|
(164)
|
(192)
|
(152)
|
(208)
|
(147)
|
(155)
|
|
Cash from Investing Activities |
(94)
N/A
|
(93)
+0%
|
60
N/A
|
63
+5%
|
63
+0%
|
59
-6%
|
(95)
N/A
|
33
N/A
|
28
-16%
|
27
-1%
|
(52)
N/A
|
(247)
-373%
|
(248)
0%
|
(259)
-4%
|
(207)
+20%
|
(174)
+16%
|
(202)
-16%
|
(213)
-5%
|
(200)
+6%
|
(177)
+11%
|
(207)
-17%
|
(210)
-1%
|
(239)
-13%
|
(245)
-3%
|
(199)
+19%
|
(184)
+7%
|
(147)
+20%
|
(222)
-51%
|
(217)
+2%
|
(218)
0%
|
(258)
-19%
|
(169)
+35%
|
(138)
+18%
|
(169)
-23%
|
(140)
+17%
|
(164)
-17%
|
(197)
-20%
|
(157)
+20%
|
(211)
-34%
|
(149)
+29%
|
(155)
-4%
|
|
Financing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Issuance of Common Stock |
0
|
0
|
(10)
|
(29)
|
(32)
|
0
|
(22)
|
(14)
|
(37)
|
(62)
|
(70)
|
(58)
|
(33)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(24)
|
(32)
|
(43)
|
(46)
|
(22)
|
(14)
|
(3)
|
(0)
|
240
|
|
Net Issuance of Debt |
10
|
2
|
(16)
|
(28)
|
(37)
|
(38)
|
5
|
69
|
107
|
106
|
201
|
172
|
170
|
228
|
274
|
235
|
195
|
211
|
37
|
36
|
128
|
78
|
97
|
118
|
51
|
58
|
86
|
159
|
155
|
136
|
118
|
46
|
68
|
92
|
81
|
95
|
113
|
87
|
115
|
38
|
61
|
|
Cash Paid for Dividends |
(94)
|
(94)
|
(96)
|
(97)
|
(97)
|
(164)
|
(164)
|
(164)
|
(163)
|
(144)
|
(146)
|
(148)
|
(150)
|
(104)
|
(104)
|
(104)
|
(104)
|
(95)
|
(80)
|
(66)
|
(51)
|
(46)
|
(46)
|
(46)
|
(47)
|
(47)
|
(47)
|
(47)
|
(47)
|
(47)
|
(47)
|
(47)
|
(47)
|
(47)
|
(47)
|
(48)
|
(49)
|
(49)
|
(50)
|
(51)
|
(52)
|
|
Other |
1
|
(2)
|
(61)
|
(67)
|
(63)
|
(62)
|
(2)
|
(6)
|
(9)
|
(9)
|
(14)
|
(12)
|
(12)
|
(15)
|
(22)
|
(21)
|
(19)
|
(18)
|
(7)
|
(6)
|
(10)
|
(8)
|
(7)
|
(8)
|
31
|
30
|
28
|
39
|
(14)
|
(14)
|
(12)
|
(26)
|
(10)
|
(12)
|
(16)
|
(18)
|
(18)
|
(16)
|
(15)
|
(12)
|
(15)
|
|
Cash from Financing Activities |
(84)
N/A
|
(94)
-12%
|
(183)
-95%
|
(220)
-20%
|
(228)
-4%
|
(295)
-29%
|
(183)
+38%
|
(115)
+37%
|
(102)
+11%
|
(109)
-7%
|
(28)
+74%
|
(46)
-61%
|
(24)
+48%
|
101
N/A
|
148
+47%
|
109
-26%
|
72
-34%
|
98
+36%
|
(50)
N/A
|
(36)
+29%
|
67
N/A
|
24
-65%
|
43
+83%
|
64
+49%
|
35
-45%
|
42
+18%
|
67
+61%
|
152
+127%
|
94
-38%
|
76
-19%
|
59
-22%
|
(26)
N/A
|
(13)
+52%
|
2
N/A
|
(24)
N/A
|
(18)
+28%
|
25
N/A
|
7
-70%
|
47
+542%
|
(26)
N/A
|
233
N/A
|
|
Change in Cash | ||||||||||||||||||||||||||||||||||||||||||
Net Change in Cash |
(8)
N/A
|
(15)
-93%
|
52
N/A
|
17
-67%
|
9
-49%
|
(66)
N/A
|
(106)
-61%
|
89
N/A
|
97
+9%
|
86
-12%
|
77
-10%
|
(140)
N/A
|
(138)
+2%
|
(27)
+80%
|
61
N/A
|
41
-33%
|
(28)
N/A
|
(16)
+43%
|
(143)
-794%
|
(104)
+27%
|
(33)
+69%
|
(64)
-96%
|
(62)
+4%
|
(35)
+43%
|
(3)
+92%
|
6
N/A
|
57
+921%
|
73
+27%
|
18
-75%
|
5
-71%
|
(39)
N/A
|
(40)
-4%
|
11
N/A
|
(6)
N/A
|
(6)
+8%
|
(22)
-263%
|
(11)
+47%
|
14
N/A
|
10
-29%
|
12
+19%
|
278
+2 193%
|
|
Free Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Free Cash Flow |
163
N/A
|
166
+2%
|
167
+1%
|
167
N/A
|
166
0%
|
163
-2%
|
165
+1%
|
165
0%
|
164
0%
|
159
-3%
|
150
-6%
|
145
-3%
|
129
-11%
|
124
-4%
|
110
-11%
|
95
-13%
|
90
-5%
|
90
-1%
|
99
+10%
|
101
+2%
|
99
-2%
|
115
+16%
|
127
+10%
|
139
+10%
|
155
+12%
|
143
-8%
|
133
-7%
|
138
+4%
|
136
-2%
|
142
+5%
|
156
+10%
|
150
-4%
|
162
+8%
|
157
-3%
|
155
-1%
|
157
+1%
|
155
-1%
|
159
+2%
|
174
+10%
|
187
+7%
|
200
+7%
|