ADX:ABNIC Cash Flow Statement

Financials in millions AED. Fiscal year is January - December.

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	27.3	5.67	-34.36	-132.76	-33.87	25.03
Depreciation & Amortization	4.55	4.44	4.66	4.99	4.37	3.4
Gain (Loss) on Sale of Assets	-	-	-	-	-0.11	-0
Change in Accounts Receivable	141.38	-0.43	9.17	-	-	-65.77
Reinsurance Recoverable	4.9	38.39	-67.04	79.48	-44.88	26.67
Change in Insurance Reserves / Liabilities	-94.16	98.72	190.25	-3.08	157.37	58.31
Change in Other Net Operating Assets	8.24	1.51	4.92	5.17	-8.18	-
Other Operating Activities	-8.34	-9.69	9.96	-17.67	-18.41	-12.55
Operating Cash Flow	235.89	256.21	105.36	-66.61	55.25	60.6
Operating Cash Flow Growth	95.54%	143.18%	-	-	-8.82%	-42.59%
Capital Expenditures	-2.07	-1.8	-1.37	-1	-1.48	-0.62
Sale of Property, Plant & Equipment	2.72	2.13	-	-	0.11	0
Investment in Securities	-0.26	-0.28	-	-0.06	-31.07	0.01
Other Investing Activities	-53.07	-53.68	-57.72	66.68	61.64	0.21
Investing Cash Flow	-52.7	-53.62	-63.3	63.07	24.23	-2.56
Long-Term Debt Issued	-	-	21.09	57.85	-	-
Total Debt Repaid	-150.82	-188.75	-4.42	-4.81	-40.01	-29.55
Net Debt Issued (Repaid)	-150.82	-188.75	16.67	53.04	-40.01	-29.55
Common Dividends Paid	-	-	-	-	-25	-25
Other Financing Activities	-10.83	-13.02	-24.94	-18.88	-11.19	-10.65
Financing Cash Flow	-161.65	-201.77	-8.26	34.16	-76.19	-65.2
Net Cash Flow	21.55	0.82	33.8	30.61	3.29	-7.16
Free Cash Flow	233.82	254.42	103.99	-67.62	53.77	59.98
Free Cash Flow Growth	95.93%	144.66%	-	-	-10.34%	-42.63%
Free Cash Flow Margin	30.23%	32.43%	15.22%	-17.81%	23.50%	15.50%
Free Cash Flow Per Share	0.94	1.02	0.42	-0.27	0.21	0.24
Cash Interest Paid	10.83	13.02	24.94	18.88	11.19	10.65
Levered Free Cash Flow	790.62	140.16	-62.38	-279.28	109.05	36.59
Unlevered Free Cash Flow	797.55	148.46	-46.67	-267.25	116.44	44.42
Change in Working Capital	157.86	201.27	122.1	81.57	104.31	19.21