Abu Dhabi Aviation Co. (ADX:ADAVIATION)

Abu Dhabi Aviation Co. Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023
Net Income	734.73	1,130	-172.28
Depreciation & Amortization	121.67	96.97	71.69
Other Amortization	2.62	2.62	1.65
Loss (Gain) From Sale of Assets	-8.3	-3.56	0.09
Asset Writedown & Restructuring Costs	-26.51	0.37	1.23
Loss (Gain) From Sale of Investments	-43.49	-43.49	-
Loss (Gain) on Equity Investments	-86.94	-68.9	-
Provision & Write-off of Bad Debts	-15.36	-101.25	239.73
Other Operating Activities	262.88	-464.83	1.49
Change in Accounts Receivable	1,898	1,501	-1,002
Change in Inventory	-67.43	-52.49	-127.12
Change in Accounts Payable	166.24	444.47	526.19
Change in Other Net Operating Assets	63.62	-372.37	161.38
Operating Cash Flow	2,995	2,069	-297.76
Capital Expenditures	-310.72	-255.8	-163.24
Sale of Property, Plant & Equipment	34.56	8.15	-
Cash Acquisitions	-0	477.07	-
Sale (Purchase) of Intangibles	-5.63	-4.2	-12.06
Sale (Purchase) of Real Estate	-9.12	-7.21	-
Investment in Securities	-1,200	-534.1	-
Other Investing Activities	149.83	106.09	76.7
Investing Cash Flow	-1,341	-210.01	-98.59
Long-Term Debt Issued	-	214.03	-
Long-Term Debt Repaid	-	-279.81	-25.45
Net Debt Issued (Repaid)	42.61	-65.78	-25.45
Other Financing Activities	-642.31	-52.18	-7.2
Financing Cash Flow	-599.7	-117.95	-32.65
Net Cash Flow	1,054	1,741	-429.01
Free Cash Flow	2,684	1,813	-461
Free Cash Flow Margin	35.69%	25.48%	-6.86%
Free Cash Flow Per Share	2.44	1.91	-0.71
Cash Interest Paid	63.27	52.18	7.2
Levered Free Cash Flow	2,107	684.35	-
Unlevered Free Cash Flow	2,143	718.8	-
Change in Working Capital	2,053	1,521	-441.36

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.