Abu Dhabi Aviation Co. Cash Flow Statement

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	1,130	-172.28
Depreciation & Amortization	96.97	71.69
Other Amortization	2.62	1.65
Loss (Gain) From Sale of Assets	-3.56	0.09
Asset Writedown & Restructuring Costs	0.37	1.23
Loss (Gain) From Sale of Investments	-43.49	-
Loss (Gain) on Equity Investments	-68.9	-
Provision & Write-off of Bad Debts	-101.25	239.73
Other Operating Activities	-464.83	1.49
Change in Accounts Receivable	1,501	-1,002
Change in Inventory	-52.49	-127.12
Change in Accounts Payable	444.47	526.19
Change in Other Net Operating Assets	-372.37	161.38
Operating Cash Flow	2,069	-297.76
Capital Expenditures	-255.8	-163.24
Sale of Property, Plant & Equipment	8.15	-
Cash Acquisitions	477.07	-
Sale (Purchase) of Intangibles	-4.2	-12.06
Investment in Securities	-534.1	-
Other Investing Activities	106.09	76.7
Investing Cash Flow	-210.01	-98.59
Long-Term Debt Issued	214.03	-
Long-Term Debt Repaid	-279.81	-25.45
Net Debt Issued (Repaid)	-65.78	-25.45
Other Financing Activities	-52.18	-7.2
Financing Cash Flow	-117.95	-32.65
Net Cash Flow	1,741	-429.01
Free Cash Flow	1,813	-461
Free Cash Flow Margin	25.48%	-6.86%
Free Cash Flow Per Share	1.91	-0.71
Cash Interest Paid	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.