NNN: the cashflow

MyFinsight

For the year ending 2025-12-31, NNN had -$3,240K decrease in cash & cash equivalents over the period.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Cash Flow	2025-12-31
Net earnings	389,777
Depreciation and amortization	268,439
Impairment losses real estate, net of recoveries	28,602
Amortization of notes payable discount	3,521
Amortization of debt costs	6,218
Amortization of mortgages payable premium	0
Amortization of interest rate hedges	1,690
Settlement of forward starting swaps	409
Gain on disposition of real estate	48,220
Performance incentive plan expense	15,043
Performance incentive plan payment	1,702
Decrease (increase) in receivables	495
Increase in accrued rental income	1,921
Decrease (increase) in other assets	7,589
Increase (decrease) in accrued interest payable	10,858
Increase (decrease) in other liabilities	3,466
Other	147
Net cash provided by operating activities	667,131
Proceeds from the disposition of real estate	191,163
Additions to real estate	937,078
Principal payments received on mortgages and notes receivable	460
Other	2,609
Net cash used in investing activities	-748,064
Proceeds from line of credit payable	1,092,800
Repayment of line of credit payable	744,700
Repayment of mortgages payable	0
Proceeds from notes payable	495,910
Repayment of notes payable	400,000
Payment of debt issuance costs	6,849
Proceeds from issuance of common stock	85,425
Stock issuance costs	1,691
Payment of common stock dividends	443,202
Net cash provided by (used in) financing activities	77,693
Net increase (decrease) in cash, cash equivalents and restricted cash	-3,240
Cash and cash equivalents at beginning of period	9,062
Cash and cash equivalents at end of period	5,822

Unit: Thousand (K) dollars