NEN: the cash flow

MyFinsight

For the year ending 2025-12-31, NEN had $9,053,038 increase in cash & cash equivalents over the period.

Cash Flow	2025-12-31
Net income	6,031,256
Depreciation and amortization	23,263,058
Amortization of deferred finance costs	563,269
(income) from investments in joint ventures	1,473,960
Property impairment	400,000
Proceeds from unconsolidated joint ventures	107,500
(increase) in rents receivable	207,292
(decrease) increase in accounts payable and accrued expense	-492,901
(increase) in real estate tax escrow	459,616
(increase) decrease in prepaid expenses and other assets	2,163,830
Increase in advance rental payments and security deposits	2,088,496
Total adjustments	21,624,724
Net cash provided by operating activities	27,655,980
Distribution in excess of investment in unconsolidated joint ventures	1,640,000
Investment in u.s. treasury bills	31,060,131
Proceeds from u.s. treasury bills	116,027,967
Improvement of rental properties	14,794,315
Developing of rental property and other related costs	17,244,054
Purchase of rental property	108,885,341
Net cash (used in) investing activities	-54,315,874
Payment of financing costs	1,597,538
Proceeds of mortgage notes payable	77,002,520
Principal payments of mortgage notes payable	22,077,337
Stock buyback	821,186
Distributions to partners	16,793,527
Net cash provided by (used in) financing activities	35,712,932
Net increase (decrease) in cash and cash equivalents	9,053,038
Cash and cash equivalents, at beginning of period	17,615,940
Cash and cash equivalents, at end of period	26,668,978

Unit: Dollar.