ADX:ADNOCDRILL Cash Flow Statement

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

Millions USD. 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	1,449	1,304	1,033	801.81	603.91
Depreciation & Amortization	512.32	458.45	391.25	404.53	416.25
Loss (Gain) From Sale of Assets	-22.89	-0.51	-	-	-
Asset Writedown & Restructuring Costs	-	3.24	2.02	2.95	10.32
Loss (Gain) on Equity Investments	-29	-8.49	-	-	-
Provision & Write-off of Bad Debts	-	9	10	9	-
Other Operating Activities	110.4	158.88	51	39.53	48.65
Change in Accounts Receivable	57.3	-32.01	-38.52	-12.97	36.84
Change in Inventory	-58.7	-22.47	-53.85	20.76	-2.75
Change in Accounts Payable	51.98	164.56	240.78	100.26	-20.67
Change in Other Net Operating Assets	155.65	-380.55	-280.42	157.94	86.58
Operating Cash Flow	2,226	1,654	1,355	1,524	1,179
Operating Cash Flow Growth	34.60%	22.04%	-11.07%	29.23%	-34.08%
Capital Expenditures	-805.22	-758.41	-1,062	-937.99	-582.75
Sale of Property, Plant & Equipment	43	-	-	-	-
Cash Acquisitions	-90.93	-	-	-	-
Sale (Purchase) of Intangibles	-9.66	-3.41	-	-4.15	-
Investment in Securities	-132.85	-266.75	-	-	-
Other Investing Activities	11.68	13.42	13.23	6.27	0.73
Investing Cash Flow	-983.97	-1,015	-1,049	-935.87	-582.02
Long-Term Debt Issued	600.57	824.78	492.26	-	-
Long-Term Debt Repaid	-637.31	-597.35	-10.13	-14.92	-19.62
Total Debt Repaid	-637.31	-597.35	-10.13	-14.92	-19.62
Net Debt Issued (Repaid)	-36.75	227.43	482.14	-14.92	-19.62
Issuance of Common Stock	906.22	268.08	-	-	-
Repurchase of Common Stock	-922.29	-273.24	-	-	-
Common Dividends Paid	-1,144	-752.45	-699.56	-666.25	-1,060
Other Financing Activities	-139.76	-132.16	-59.98	-34.36	-17.56
Financing Cash Flow	-1,336	-662.35	-277.4	-715.53	-1,097
Net Cash Flow	-94.27	-23.83	28.61	-127.59	-500.36
Free Cash Flow	1,421	895.26	292.78	585.82	596.39
Free Cash Flow Growth	58.68%	205.78%	-50.02%	-1.77%	-63.68%
Free Cash Flow Margin	28.98%	22.19%	9.58%	21.91%	26.28%
Free Cash Flow Per Share	0.09	0.06	0.02	0.04	0.04
Cash Interest Paid	126.14	132.16	59.98	34.36	17.56
Cash Income Tax Paid	142.93	114.91	-	-	-
Levered Free Cash Flow	654.37	497.01	23.68	232.67	240.56
Unlevered Free Cash Flow	722.78	582	70.29	254.47	251.62
Change in Working Capital	206.23	-270.47	-132.01	265.98	100

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