Cofinimmo SA
Cofinimmo has been acquiring, developing and managing rental properties for over 35 years. The company has a portfolio spread across Belgium, France, the Netherlands, Germany and Spain, with a value of approximately 4.5 billion EUR. With attention to soc…
REIT - Diversified
BE, Brussels [HQ]
Cash Flow Statements
15 Sheets · Starting from 2023In Million EUR. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Cash Flow (OCF) | 67.00 | 152.00 | 148.00 | 150.00 | 152.00 | 149.00 | 169.00 | 143.00 | 157.00 | 160.00 | 169.00 | 179.00 | 200.00 | 210.00 | 203.00 | |
| Operating Cash (Net) | 67.00 | 152.00 | 148.00 | 150.00 | 152.00 | 149.00 | 169.00 | 143.00 | 157.00 | 160.00 | 169.00 | 179.00 | 200.00 | 210.00 | 203.00 | |
| Accounts Receivable | - - | - - | - - | -2.00 | -1.00 | - - | 2.00 | -6.00 | - - | 1.00 | -6.00 | -11.00 | -9.00 | -1.00 | - - | |
| Accounts Payable | - - | - - | - - | - - | - - | - - | 4.00 | -2.00 | -2.00 | - - | 9.00 | 2.00 | -3.00 | -9.00 | -24.00 | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Change | -10.00 | 2.00 | 4.00 | -9.00 | -1.00 | -5.00 | 10.00 | -8.00 | 2.00 | 2.00 | -6.00 | 1.00 | -15.00 | -15.00 | -36.00 | |
| Other WC | - - | - - | - - | - - | 6.00 | -1.00 | 3.00 | - - | 4.00 | 1.00 | -9.00 | 10.00 | -2.00 | -4.00 | -12.00 | |
| Investing Activities | ||||||||||||||||
| Used Cash (Net) | 145.00 | 31.00 | -110.00 | -81.00 | -59.00 | 217.00 | 87.00 | -161.00 | -103.00 | -195.00 | -130.00 | -565.00 | -745.00 | -334.00 | 12.00 | |
| Capital Expenditure | - - | -50.00 | -194.00 | - - | - - | - - | - - | - - | - - | - - | - - | -1.00 | -1.00 | -1.00 | -1.00 | |
| Purchases of Investments | -19.00 | - - | 171.00 | - - | - - | - - | -77.00 | -154.00 | -121.00 | -344.00 | -179.00 | -299.00 | -391.00 | -416.00 | -178.00 | |
| Sale/Maturity of Investment | - - | - - | 2.00 | - - | - - | - - | - - | - - | - - | 367.00 | 94.00 | 9.00 | 60.00 | 110.00 | 200.00 | |
| Property, Plant, Equipment (P&PE) | - - | -50.00 | -194.00 | - - | - - | - - | - - | - - | - - | - - | - - | -1.00 | -1.00 | -1.00 | -1.00 | |
| Acquisitions (Net) | -32.00 | -23.00 | -28.00 | -20.00 | - - | 196.00 | 125.00 | -14.00 | -1.00 | -202.00 | -54.00 | -361.00 | -469.00 | -43.00 | -8.00 | |
| Other Investing Activities | 198.00 | 105.00 | -61.00 | -60.00 | -58.00 | 21.00 | -37.00 | -146.00 | -101.00 | 8.00 | 9.00 | 88.00 | 56.00 | 16.00 | 2.00 | |
| Financing Activities | ||||||||||||||||
| Used Cash (Net) | -236.00 | -183.00 | -31.00 | -75.00 | -80.00 | -365.00 | -252.00 | -37.00 | -72.00 | -39.00 | -33.00 | -402.00 | -516.00 | -123.00 | -215.00 | |
| Debt Repayment | -240.00 | -139.00 | -249.00 | -222.00 | -245.00 | -407.00 | -722.00 | -406.00 | -50.00 | -30.00 | - - | -522.00 | -458.00 | -33.00 | -218.00 | |
| Dividends Paid | -98.00 | -90.00 | -65.00 | -67.00 | -67.00 | -73.00 | -99.00 | -110.00 | -83.00 | -118.00 | -123.00 | -101.00 | -107.00 | -134.00 | -160.00 | |
|
Common Stock
|
90 | 69 | - - | -119 | -84 | -353 | -395 | -371 | -16 | - - | -26 | 522 | 637 | - - | - - | |
| Issued | 97.00 | 69.00 | - - | 37.00 | 91.00 | - - | 281.00 | - - | - - | 152.00 | -27.00 | - - | 178.00 | - - | 165.00 | |
| Repurchased | 6.00 | - - | - - | 157.00 | 175.00 | 353.00 | 676.00 | 372.00 | 17.00 | - - | -1.00 | -522.00 | -458.00 | - - | - - | |
| Other Financing Activities | - - | -20.00 | 283.00 | 19.00 | -35.00 | -237.00 | -388.00 | 181.00 | 43.00 | 5.00 | 117.00 | 1,547.00 | 1,361.00 | 292.00 | -2.00 | |
| Cash Balances | ||||||||||||||||
| Begin of Period | 25.00 | 2.00 | 3.00 | 10.00 | 3.00 | 15.00 | 17.00 | 22.00 | 41.00 | 22.00 | 27.00 | 31.00 | 48.00 | 19.00 | 19.00 | |
| End of Period | 2.00 | 3.00 | 10.00 | 3.00 | 15.00 | 17.00 | 22.00 | 41.00 | 22.00 | 27.00 | 31.00 | 48.00 | 19.00 | 19.00 | 19.00 | |
| Change | -23.00 | - - | 6.00 | -7.00 | 12.00 | 1.00 | 4.00 | 19.00 | -18.00 | 4.00 | 4.00 | 17.00 | -28.00 | - - | - - | |
| Non-Cash Balances | ||||||||||||||||
| Depreciation and Amortization | 1.00 | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | 1.00 | 3.00 | 2.00 | |
| Stock Based Compensation | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Other | 43.00 | 65.00 | 21.00 | 60.00 | 95.00 | 206.00 | 54.00 | 54.00 | 16.00 | 11.00 | -29.00 | 57.00 | -46.00 | -260.00 | 334.00 | |
| Highlighted metrics | ||||||||||||||||
| Free Cash Flow (FCF) | 66.00 | 101.00 | -46.00 | 149.00 | 152.00 | 148.00 | 169.00 | 143.00 | 156.00 | 159.00 | 168.00 | 177.00 | 198.00 | 209.00 | 202.00 | |
| Cash Conversion Cycle (CCC) | -533.00 | - - | -605.00 | -202.00 | -158.00 | -145.00 | -157.00 | -154.00 | -158.00 | -108.00 | -168.00 | -392.00 | -326.00 | -429.00 | -257.00 | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
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| Forex Effect on Cash | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - |