ADX:ADPORTS 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	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	1,330	1,072	1,248	845.69
Depreciation & Amortization	1,642	1,135	888.17	546.09
Other Amortization	58.26	33.48	-	-
Loss (Gain) From Sale of Assets	12.24	-3.39	-74.97	7.15
Asset Writedown & Restructuring Costs	-	-363.5	4.55	-25.81
Loss (Gain) From Sale of Investments	2.79	104.16	-	-
Loss (Gain) on Equity Investments	-110.59	-144.45	-164.84	-29.25
Stock-Based Compensation	4.68	-	-	-
Provision & Write-off of Bad Debts	186.07	80.09	142.31	20.51
Other Operating Activities	1,174	781.17	44.01	221.99
Change in Accounts Receivable	-1,719	-1,166	-1,242	-520.87
Change in Inventory	-0.03	20.53	-25.8	-9.96
Change in Accounts Payable	1,485	61.89	761.89	-267.21
Change in Other Net Operating Assets	-128.64	-146.11	44.34	-1.77
Operating Cash Flow	3,938	1,465	1,626	786.57
Operating Cash Flow Growth	168.77%	-9.91%	106.75%	86.93%
Capital Expenditures	-3,016	-2,683	-5,200	-2,856
Sale of Property, Plant & Equipment	78.99	8.01	322.34	0.73
Cash Acquisitions	-1,635	-1,681	-880.64	-
Sale (Purchase) of Intangibles	-155.79	-171.85	-	-
Sale (Purchase) of Real Estate	-1,081	-1,842	-321.63	-268.59
Investment in Securities	23.27	-442.94	-29.62	-27.3
Other Investing Activities	113.92	-69.14	84.67	761.44
Investing Cash Flow	-5,671	-6,882	-6,025	-2,390
Long-Term Debt Issued	12,914	9,694	1,476	6,198
Long-Term Debt Repaid	-10,814	-1,394	-1,516	-5,788
Net Debt Issued (Repaid)	2,100	8,300	-39.64	410.15
Issuance of Common Stock	-	91.81	4,000	2,036
Repurchase of Common Stock	-64.22	-	-	-
Other Financing Activities	-816	-442.8	147.96	-69.35
Financing Cash Flow	1,220	7,949	4,108	2,377
Foreign Exchange Rate Adjustments	-4.8	-10.35	-	-
Net Cash Flow	-518.57	2,522	-290.07	773.76
Free Cash Flow	921.9	-1,218	-3,574	-2,070
Free Cash Flow Margin	5.33%	-10.43%	-65.00%	-52.94%
Free Cash Flow Per Share	0.19	-0.24	-0.72	-0.54
Cash Interest Paid	886.88	514.95	153.72	141.21
Levered Free Cash Flow	-809.96	-2,402	-3,634	-2,150
Unlevered Free Cash Flow	-183.67	-1,989	-3,397	-1,953
Change in Working Capital	-362.09	-1,230	-461.38	-799.81

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