Killam Apartment REIT
TSX:KMP.UN
Cash Flow Statement
Cash Flow Statement
Killam Apartment REIT
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 |
41
|
37
|
28
|
37
|
33
|
35
|
29
|
19
|
36
|
74
|
69
|
75
|
71
|
44
|
75
|
72
|
105
|
156
|
156
|
169
|
175
|
133
|
181
|
201
|
284
|
295
|
234
|
224
|
146
|
135
|
250
|
259
|
286
|
318
|
250
|
207
|
123
|
146
|
192
|
257
|
266
|
|
Depreciation & Amortization |
2
|
2
|
2
|
2
|
2
|
2
|
3
|
3
|
3
|
3
|
3
|
3
|
2
|
2
|
2
|
2
|
3
|
2
|
2
|
3
|
1
|
1
|
1
|
(1)
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
|
Change in Deffered Taxes |
9
|
9
|
5
|
9
|
14
|
14
|
13
|
13
|
6
|
(36)
|
(38)
|
(41)
|
(28)
|
15
|
18
|
20
|
19
|
25
|
26
|
28
|
32
|
25
|
31
|
35
|
40
|
35
|
23
|
20
|
10
|
18
|
36
|
38
|
42
|
43
|
35
|
26
|
19
|
22
|
26
|
35
|
33
|
|
Other Non-Cash Items |
22
|
27
|
39
|
28
|
29
|
29
|
39
|
52
|
7
|
3
|
3
|
(7)
|
12
|
0
|
(30)
|
(26)
|
(53)
|
(105)
|
(104)
|
(116)
|
(119)
|
(68)
|
(120)
|
(138)
|
(221)
|
(223)
|
(147)
|
(133)
|
(47)
|
(41)
|
(172)
|
(180)
|
(203)
|
(233)
|
(152)
|
(97)
|
(6)
|
(29)
|
(77)
|
(147)
|
(156)
|
|
Cash Interest Paid |
35
|
35
|
34
|
34
|
35
|
35
|
37
|
38
|
37
|
0
|
36
|
37
|
35
|
42
|
33
|
33
|
33
|
34
|
0
|
46
|
39
|
50
|
61
|
42
|
43
|
44
|
44
|
45
|
45
|
46
|
45
|
47
|
48
|
49
|
62
|
55
|
55
|
62
|
55
|
63
|
64
|
|
Change in Working Capital |
(36)
|
(33)
|
(38)
|
(30)
|
(26)
|
(35)
|
(33)
|
(40)
|
(0)
|
16
|
23
|
39
|
5
|
5
|
8
|
6
|
10
|
8
|
14
|
15
|
2
|
(0)
|
(11)
|
(5)
|
(8)
|
(5)
|
2
|
(2)
|
14
|
13
|
9
|
7
|
15
|
8
|
1
|
(9)
|
(14)
|
(7)
|
(5)
|
(6)
|
(5)
|
|
Cash from Operating Activities |
39
N/A
|
41
+5%
|
36
-11%
|
45
+25%
|
52
+13%
|
46
-11%
|
51
+13%
|
47
-9%
|
51
+8%
|
59
+15%
|
59
+1%
|
69
+17%
|
64
-8%
|
67
+5%
|
74
+11%
|
74
+0%
|
83
+13%
|
86
+3%
|
94
+10%
|
99
+5%
|
90
-9%
|
91
+1%
|
83
-9%
|
92
+11%
|
95
+4%
|
102
+7%
|
112
+10%
|
110
-2%
|
124
+12%
|
125
+1%
|
124
-1%
|
126
+2%
|
141
+12%
|
137
-3%
|
135
-1%
|
128
-5%
|
123
-4%
|
133
+9%
|
136
+2%
|
139
+2%
|
140
+1%
|
|
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
|
(77)
|
0
|
0
|
(65)
|
(94)
|
(112)
|
(133)
|
(92)
|
(98)
|
|
Other Items |
(117)
|
(96)
|
(99)
|
(92)
|
(203)
|
(187)
|
(174)
|
(148)
|
(79)
|
(76)
|
(158)
|
(96)
|
(106)
|
(172)
|
(93)
|
(199)
|
(250)
|
(296)
|
(305)
|
(353)
|
(336)
|
(234)
|
(301)
|
(231)
|
(233)
|
(302)
|
(288)
|
(302)
|
(358)
|
(368)
|
(530)
|
(516)
|
(420)
|
(461)
|
(329)
|
(276)
|
(183)
|
(127)
|
11
|
(2)
|
28
|
|
Cash from Investing Activities |
(117)
N/A
|
(96)
+18%
|
(99)
-3%
|
(92)
+7%
|
(203)
-121%
|
(187)
+8%
|
(174)
+7%
|
(148)
+15%
|
(79)
+46%
|
(76)
+5%
|
(158)
-108%
|
(96)
+39%
|
(106)
-11%
|
(172)
-62%
|
(93)
+46%
|
(199)
-114%
|
(250)
-26%
|
(296)
-18%
|
(305)
-3%
|
(353)
-16%
|
(336)
+5%
|
(234)
+30%
|
(301)
-29%
|
(231)
+23%
|
(233)
-1%
|
(302)
-30%
|
(288)
+5%
|
(302)
-5%
|
(358)
-18%
|
(368)
-3%
|
(530)
-44%
|
(516)
+3%
|
(497)
+4%
|
(461)
+7%
|
(329)
+29%
|
(341)
-4%
|
(277)
+19%
|
(238)
+14%
|
(122)
+49%
|
(93)
+24%
|
(70)
+25%
|
|
Financing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Issuance of Common Stock |
1
|
1
|
(1)
|
6
|
57
|
58
|
59
|
52
|
3
|
1
|
93
|
93
|
94
|
167
|
73
|
74
|
147
|
74
|
129
|
129
|
55
|
137
|
82
|
83
|
192
|
109
|
109
|
175
|
66
|
0
|
170
|
104
|
104
|
198
|
94
|
94
|
93
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Net Issuance of Debt |
81
|
73
|
92
|
73
|
124
|
130
|
106
|
95
|
54
|
47
|
62
|
(1)
|
20
|
51
|
(12)
|
72
|
49
|
126
|
147
|
172
|
234
|
44
|
155
|
112
|
7
|
152
|
122
|
86
|
218
|
232
|
295
|
326
|
308
|
187
|
163
|
187
|
127
|
172
|
55
|
25
|
1
|
|
Cash Paid for Dividends |
(28)
|
(29)
|
(29)
|
(30)
|
(31)
|
(31)
|
(31)
|
(31)
|
(30)
|
(30)
|
(29)
|
(33)
|
(32)
|
(32)
|
(35)
|
(33)
|
(37)
|
(38)
|
(39)
|
(40)
|
(42)
|
(43)
|
(44)
|
(45)
|
(45)
|
(45)
|
(47)
|
(48)
|
(50)
|
(51)
|
(50)
|
(51)
|
(51)
|
(53)
|
(55)
|
(57)
|
(56)
|
(60)
|
(60)
|
(60)
|
(57)
|
|
Other |
(4)
|
(5)
|
(6)
|
(7)
|
(7)
|
(7)
|
(6)
|
(6)
|
(4)
|
(4)
|
(28)
|
(29)
|
(29)
|
(30)
|
(5)
|
(5)
|
(5)
|
(7)
|
(7)
|
(9)
|
(10)
|
(8)
|
(9)
|
(7)
|
(7)
|
(10)
|
(8)
|
(8)
|
(9)
|
(7)
|
(7)
|
(5)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(10)
|
(9)
|
|
Cash from Financing Activities |
49
N/A
|
40
-18%
|
56
+40%
|
43
-24%
|
143
+236%
|
150
+5%
|
128
-15%
|
110
-14%
|
22
-80%
|
14
-39%
|
98
+626%
|
31
-68%
|
53
+71%
|
157
+197%
|
21
-86%
|
108
+403%
|
155
+43%
|
155
+0%
|
229
+48%
|
251
+10%
|
238
-5%
|
131
-45%
|
185
+41%
|
142
-23%
|
147
+3%
|
205
+40%
|
176
-14%
|
205
+16%
|
224
+10%
|
240
+7%
|
408
+70%
|
375
-8%
|
355
-5%
|
325
-9%
|
194
-40%
|
217
+12%
|
157
-28%
|
105
-33%
|
(13)
N/A
|
(45)
-253%
|
(65)
-43%
|
|
Change in Cash | ||||||||||||||||||||||||||||||||||||||||||
Net Change in Cash |
(29)
N/A
|
(15)
+49%
|
(7)
+56%
|
(4)
+39%
|
(9)
-123%
|
8
N/A
|
5
-37%
|
8
+63%
|
(7)
N/A
|
(4)
+45%
|
(0)
+92%
|
4
N/A
|
10
+142%
|
52
+395%
|
2
-96%
|
(17)
N/A
|
(13)
+27%
|
(55)
-337%
|
19
N/A
|
(3)
N/A
|
(8)
-228%
|
(12)
-50%
|
(34)
-173%
|
3
N/A
|
9
+190%
|
5
-44%
|
0
N/A
|
12
N/A
|
(10)
N/A
|
(4)
+65%
|
1
N/A
|
(16)
N/A
|
(1)
+93%
|
0
N/A
|
(0)
N/A
|
4
N/A
|
3
-24%
|
0
-91%
|
1
+368%
|
1
-50%
|
5
+833%
|
|
Free Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Free Cash Flow |
39
N/A
|
41
+5%
|
36
-11%
|
45
+25%
|
52
+13%
|
46
-11%
|
51
+13%
|
47
-9%
|
51
+8%
|
59
+15%
|
59
+1%
|
69
+17%
|
64
-8%
|
67
+5%
|
74
+11%
|
74
+0%
|
83
+13%
|
86
+3%
|
94
+10%
|
99
+5%
|
90
-9%
|
91
+1%
|
83
-9%
|
92
+11%
|
95
+4%
|
102
+7%
|
112
+10%
|
110
-2%
|
124
+12%
|
125
+1%
|
124
-1%
|
126
+2%
|
64
-49%
|
137
+114%
|
135
-1%
|
63
-53%
|
29
-54%
|
22
-25%
|
3
-86%
|
47
+1 463%
|
41
-13%
|