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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023
Net Income	1,275	1,130	-172.28
Depreciation & Amortization	108.55	96.97	71.69
Other Amortization	2.62	2.62	1.65
Loss (Gain) From Sale of Assets	-8.54	-3.56	0.09
Asset Writedown & Restructuring Costs	0.37	0.37	1.23
Loss (Gain) From Sale of Investments	-49.62	-43.49	-
Loss (Gain) on Equity Investments	-95.11	-68.9	-
Provision & Write-off of Bad Debts	-101.25	-101.25	239.73
Other Operating Activities	-358.63	-464.83	1.49
Change in Accounts Receivable	1,560	1,501	-1,002
Change in Inventory	-70.03	-52.49	-127.12
Change in Accounts Payable	96.86	444.47	526.19
Change in Other Net Operating Assets	-314.86	-372.37	161.38
Operating Cash Flow	2,045	2,069	-297.76
Capital Expenditures	-267.31	-255.8	-163.24
Sale of Property, Plant & Equipment	30.42	8.15	-
Cash Acquisitions	477.07	477.07	-
Sale (Purchase) of Intangibles	-4.24	-4.2	-12.06
Investment in Securities	-1,944	-534.1	-
Other Investing Activities	137.12	106.09	76.7
Investing Cash Flow	-1,580	-210.01	-98.59
Long-Term Debt Issued	-	214.03	-
Long-Term Debt Repaid	-	-279.81	-25.45
Net Debt Issued (Repaid)	-11.59	-65.78	-25.45
Other Financing Activities	-309.06	-52.18	-7.2
Financing Cash Flow	-320.65	-117.95	-32.65
Net Cash Flow	144.08	1,741	-429.01
Free Cash Flow	1,778	1,813	-461
Free Cash Flow Margin	23.66%	25.48%	-6.86%
Free Cash Flow Per Share	1.68	1.91	-0.71
Cash Interest Paid	59.06	52.18	7.2
Levered Free Cash Flow	-	684.35	-
Unlevered Free Cash Flow	-	718.8	-
Change in Net Working Capital	-	-570.58	-

Updated Feb 21, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.