PCOK · As filed with the SEC

Pacific Oak Strategic Opportunity REIT cash flow statement, by quarter

The statement as Pacific Oak Strategic Opportunity REIT presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.

CONSOLIDATED STATEMENTS OF CASH FLOWS · USD thousands

USD thousands	Q3 2025^† 3 months ended Sep 30, 2025	Q2 2025^† 3 months ended Jun 30, 2025	Q1 2025 3 months ended Mar 31, 2025	Q4 2024^† 3 months ended Dec 31, 2024	Q3 2024^† 3 months ended Sep 30, 2024
Cash Flows from Operating Activities:
Net loss	(119,881)^†	(107,409)^†	(19,862)	63,486^†	(45,706)^†
Adjustments to reconcile net loss to net cash used in operating activities:
Impairment charges on real estate and related intangibles	76,797^†	51,979^†	0	0^†	15,799^†
Impairment of goodwill	—	—	—	0^†	—
Loss from unconsolidated entities, net	8,558^†	6,769^†	7,497	—	9,801^†
Deferred rent	—	—	—	47^†	—
Depreciation and amortization	7,694^†	10,365^†	9,683	9,664^†	10,276^†
(Gain) loss on real estate equity securities, net	(642)^†	(962)^†	0	4,171^†	(8,727)^†
Loss on sale of real estate, net	7,636^†	(1,080)^†	(164)	(119,642)^†	1,243^†
Loss on extinguishment of debt, net	—	—	—	6,033^†	—
Amortization of deferred financing costs and debt discount and premium, net	1,813^†	1,695^†	1,895	2,165^†	2,498^†
Foreign currency transaction loss (gain), net	5,906^†	30,141^†	(5,984)	9,880^†	4,556^†
Changes in assets and liabilities:
Rents and other receivables, net	(76)^†	304^†	(521)	2,393^†	176^†
Prepaid expenses and other assets	1,571^†	1,159^†	(2,071)	3,153^†	(205)^†
Accounts payable and accrued liabilities	(5,856)^†	10,017^†	(6,607)	3,286^†	(380)^†
Related party loan	(2,128)^†	2,599^†	1,976	771^†	913^†
Nonrelated Party	(938)^†	(1,407)^†	1,305	(2,026)^†	5,663^†
Net cash used in operating activities	(14,614)^†	4,170^†	(12,853)	(9,689)^†	(4,908)^†
Cash Flows from Investing Activities:
Proceed from sales of real estate, net	32,190^†	494^†	1,351	144,936^†	84,285^†
Improvements to real estate	(2,699)^†	(2,193)^†	(4,265)	(5,473)^†	(4,527)^†
Advances to affiliate	0^†	(815)^†	(1,502)	0^†	0^†
Payments on development obligations	(701)^†	(456)^†	(1,855)	—	(3,433)^†
Distribution of capital from an unconsolidated entity	(2)^†	—	—	0^†	0^†
Purchase of interest rate caps	0^†	0^†	0	0^†	0^†
Proceeds from interest rate caps	0^†	0^†	0	—	752^†
Contributions to an unconsolidated entity	0^†	0^†	0	(16,154)^†	(24,687)^†
Payments on foreign currency derivatives, net	0^†	0^†	0	—	0^†
Proceeds from the sale of real estate equity securities	0^†	0^†	0	0^†	0^†
Proceeds for development obligations	—	—	—	—	0^†
Net cash provided by investing activities	28,788^†	(2,211)^†	(6,271)	143,124^†	52,390^†
Cash Flows from Financing Activities:
Advances from affiliate loans	0^†	—	—	—	0^†
Principal payments on notes and bonds payable	(82,696)^†	(2,167)^†	(24,397)	—	(158,004)^†
Noncontrolling interest contributions	25^†	10^†	0	91^†	96^†
Noncontrolling interest distributions	0^†	(185)^†	(60)	0^†	(2,337)^†
Proceeds from loan from affiliate	—	—	8,000	—	—
Proceeds from notes and bonds payable	80,000^†	0^†	0	—	80,937^†
Payments of deferred financing costs	(3,532)^†	0^†	(167)	—	(2,564)^†
Redemptions of common stock	0^†	0^†	0	—	(525)^†
Net cash used in financing activities	(7,676)^†	(342)^†	(16,624)	(78,762)^†	(82,397)^†
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(714)^†	1,396^†	(325)	(624)^†	(239)^†
Net decrease in cash, cash equivalents and restricted cash	5,784^†	3,013^†	(36,073)	54,049^†	(35,154)^†
Cash, cash equivalents and restricted cash, beginning of period	65,316	62,303	98,376	44,327	79,481
Cash, cash equivalents and restricted cash, end of period	71,100	65,316	62,303	98,376	44,327
Supplemental Disclosure of Cash Flow Information:
Interest paid, net of capitalized interest of $1,552 and $3,474 for the nine months ended September 30, 2025 and 2024, respectively	20,794^†	6,913^†	19,055	11,263^†	18,646^†
Supplemental Disclosure of Significant Noncash Transaction:
Accrued improvements to real estate	—	—	768	—	—
Accrued development obligations	(701)^†	(456)^†	9,644	—	(3,433)^†

† Derived: worked out from the filings, not stated in them. A fourth quarter is the 10-K year less the nine months in the third-quarter 10-Q; a quarter of cash flows is year to date less the prior year to date.

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.