ADX:ADNH Cash Flow Statement

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	1,084	1,327	422.42	415.4	272.71
Depreciation & Amortization	337.26	329.1	262.96	256.11	279.97
Loss (Gain) From Sale of Assets	8.56	-67.06	-12.9	-16.06	-12.53
Asset Writedown & Restructuring Costs	-577.54	-	-	-	-
Loss (Gain) From Sale of Investments	4.33	-896.57	1.65	-0.9	-10.42
Loss (Gain) on Equity Investments	-35.38	-45.55	-135.93	-151.2	-158.51
Provision & Write-off of Bad Debts	-	-	-	-	6.41
Other Operating Activities	140.66	159.84	51.32	110.55	38.37
Change in Accounts Receivable	-123.63	37.58	-19.32	-8.63	178.33
Change in Inventory	-2.8	-3.61	1.98	-0.77	0.04
Change in Accounts Payable	-66.47	-322.75	45.74	78.86	8.58
Operating Cash Flow	769.13	518.06	617.91	683.37	602.94
Operating Cash Flow Growth	48.46%	-16.16%	-9.58%	13.34%	368.49%
Capital Expenditures	-221.64	-114.57	-190.49	-443.35	-281.05
Sale of Property, Plant & Equipment	12.87	40.33	17.59	22.89	19.5
Cash Acquisitions	-2.14	76.65	-	-	-
Sale (Purchase) of Intangibles	-	-	-	-1.29	-
Investment in Securities	500	-830	22.64	300.93	-86.28
Other Investing Activities	68.02	156.85	139.12	168.4	88.54
Investing Cash Flow	357.1	-670.74	-11.14	47.58	-259.29
Long-Term Debt Issued	1,012	1,597	569.49	774.14	640.2
Long-Term Debt Repaid	-953.3	-844.92	-1,235	-835.22	-784.36
Net Debt Issued (Repaid)	58.81	751.72	-665.23	-61.07	-144.16
Repurchase of Common Stock	-	-51.12	-80	-	-
Common Dividends Paid	-567	-240	-200	-200	-70
Other Financing Activities	-93.2	-114.02	-121.46	-70.41	-46.28
Financing Cash Flow	-601.39	346.58	-1,067	-331.49	-260.44
Net Cash Flow	524.85	193.9	-459.92	399.47	83.2
Free Cash Flow	547.49	403.49	427.42	240.02	321.88
Free Cash Flow Growth	35.69%	-5.60%	78.08%	-25.43%	-
Free Cash Flow Margin	15.71%	13.97%	26.20%	16.44%	29.75%
Free Cash Flow Per Share	0.04	0.03	0.03	0.02	0.03
Cash Interest Paid	93.2	114.02	121.46	72.88	46.28
Cash Income Tax Paid	42.79	-	-	-	-
Levered Free Cash Flow	284.63	267.86	266.95	62.94	237.83
Unlevered Free Cash Flow	341.21	339.12	342.86	109.14	266.76
Change in Working Capital	-192.9	-288.78	28.39	69.46	186.95

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.