ADX:ADNH Cash Flow Statement

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	452.06	1,327	422.42	415.4	272.71	-720.18
Depreciation & Amortization	328.7	328.82	262.96	256.11	279.97	292.55
Loss (Gain) From Sale of Assets	-19.15	-67.06	-12.9	-16.06	-12.53	-288.9
Asset Writedown & Restructuring Costs	-	-	-	-	-	982
Loss (Gain) From Sale of Investments	10.78	-896.57	1.65	-0.9	-10.42	-
Loss (Gain) on Equity Investments	-35.32	-45.55	-135.93	-151.2	-158.51	-139.92
Provision & Write-off of Bad Debts	-	-	-	-	6.41	4.51
Other Operating Activities	174.82	160.12	51.32	110.55	38.37	47.27
Change in Accounts Receivable	-271.9	37.58	-19.32	-8.63	178.33	130.9
Change in Inventory	-6.2	-3.61	1.98	-0.77	0.04	14.19
Change in Accounts Payable	-134.75	-322.75	45.74	78.86	8.58	-193.72
Operating Cash Flow	499.06	518.06	617.91	683.37	602.94	128.7
Operating Cash Flow Growth	-21.59%	-16.16%	-9.58%	13.34%	368.49%	-58.30%
Capital Expenditures	-183	-114.57	-190.49	-443.35	-281.05	-151.27
Sale of Property, Plant & Equipment	-38.9	40.33	17.59	22.89	19.5	17.7
Cash Acquisitions	-2.14	76.65	-	-	-	-
Sale (Purchase) of Intangibles	-	-	-	-1.29	-	-
Investment in Securities	-700	-830	22.64	300.93	-86.28	-152.24
Other Investing Activities	146.03	156.85	139.12	168.4	88.54	197.99
Investing Cash Flow	-778.01	-670.74	-11.14	47.58	-259.29	-87.81
Long-Term Debt Issued	-	1,597	569.49	774.14	640.2	239.13
Long-Term Debt Repaid	-	-844.92	-1,235	-835.22	-784.36	-73.63
Net Debt Issued (Repaid)	997.11	751.72	-665.23	-61.07	-144.16	165.5
Repurchase of Common Stock	-12.7	-51.12	-80	-	-	-
Common Dividends Paid	-567	-240	-200	-200	-70	-140
Other Financing Activities	-92.64	-114.02	-121.46	-70.41	-46.28	-58.68
Financing Cash Flow	324.77	346.58	-1,067	-331.49	-260.44	-33.18
Net Cash Flow	45.82	193.9	-459.92	399.47	83.2	7.71
Free Cash Flow	316.06	403.49	427.42	240.02	321.88	-22.57
Free Cash Flow Growth	-37.34%	-5.60%	78.08%	-25.43%	-	-
Free Cash Flow Margin	9.27%	13.97%	26.20%	16.44%	29.75%	-2.58%
Free Cash Flow Per Share	0.03	0.03	0.03	0.02	0.03	-0.00
Cash Interest Paid	93.29	114.02	121.46	72.88	46.28	58.68
Levered Free Cash Flow	166.52	267.58	266.95	62.94	237.83	-154.42
Unlevered Free Cash Flow	224.82	338.84	342.86	109.14	266.76	-117.75
Change in Working Capital	-412.85	-288.78	28.39	69.46	186.95	-48.63

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