ADX:ALAIN Cash Flow Statement

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	18.01	27.78	-27.95	34.6	59.32	83.25
Depreciation & Amortization	16.8	16.73	16.41	16.4	13.71	16.93
Gain (Loss) on Sale of Investments	2.73	-2.45	-2.71	-0.93	-	0.05
Change in Accounts Receivable	-	3.25	-1.37	-1.87	-	10.77
Reinsurance Recoverable	-76.2	283.15	-517.32	80.72	233.12	-91.76
Change in Insurance Reserves / Liabilities	67.43	-349.69	658.64	7.67	-307.56	93.29
Change in Other Net Operating Assets	-15.55	-14.13	7.04	-35.26	43.62	-10.94
Other Operating Activities	-43.91	-41.21	-50.91	-21.48	-48.71	-16.51
Operating Cash Flow	-50.88	-87.58	84.83	123.9	-12.35	85.74
Operating Cash Flow Growth	-	-	-31.54%	-	-	83.86%
Capital Expenditures	-3.18	-3.13	-3.08	-48.54	-0.75	-0.13
Purchase / Sale of Intangible Assets	-0.17	-0.19	-	-	-0.1	-
Investment in Securities	80.56	76.65	-87.83	-94.89	-25.78	-58.43
Other Investing Activities	22.73	45.03	43.22	26.57	20.06	17.45
Investing Cash Flow	91.29	109.71	-47.69	-116.86	-6.56	-41.11
Common Dividends Paid	-30	-30	-30	-37.5	-45	-37.5
Financing Cash Flow	-30	-30	-30	-37.5	-45	-37.5
Net Cash Flow	10.41	-7.87	7.14	-30.46	-63.91	7.13
Free Cash Flow	-54.06	-90.71	81.75	75.36	-13.1	85.61
Free Cash Flow Growth	-	-	8.48%	-	-	85.83%
Free Cash Flow Margin	-8.61%	-13.24%	11.82%	19.74%	-3.76%	23.66%
Free Cash Flow Per Share	-3.61	-6.05	5.45	5.02	-0.87	5.71
Levered Free Cash Flow	29.39	44.86	50.47	54.2	-152.27	238.41
Unlevered Free Cash Flow	29.39	44.86	50.47	54.2	-152.27	238.93
Change in Working Capital	-16.18	-60.1	153.6	96.23	-31.57	4.39