ARAM Group Company P.J.S.C. (ADX: ARAM)

ADX: ARAM Cash Flow Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net Income	6.34	4.39	9.5	-28.45	-11.13	-15.23
Depreciation & Amortization	0.27	0.33	0.2	0.19	0.19	0.12
Other Amortization	0.06	0.06	0.06	0.04	-	-
Gain (Loss) on Sale of Assets	-1.97	-0.93	-	-	-	-
Gain (Loss) on Sale of Investments	-0.75	-0.27	0.06	-0.07	0.06	0.04
Asset Writedown	-2.5	-2.5	-8.92	30.48	15.33	38.04
Change in Accounts Receivable	0.39	-0.09	0.38	-0.96	-1	-0.13
Change in Accounts Payable	-0.99	-0.11	-0.02	-34.81	-0.58	-6.32
Other Operating Activities	1.73	2.21	0.99	0.71	0.1	-18.02
Operating Cash Flow	3.9	3.46	2.67	-32.59	3.28	-1.14
Operating Cash Flow Growth	-24.59%	29.42%	-	-	-	-
Acquisition of Real Estate Assets	-0	-0.23	-0.21	-0.09	-0.23	-
Sale of Real Estate Assets	20	28.5	-	-	-	-
Net Sale / Acq. of Real Estate Assets	20	28.27	-0.21	-0.09	-0.23	-
Investment in Marketable & Equity Securities	-	-	-	-	-	2.1
Other Investing Activities	0.19	0.19	0.59	-	-	-0.07
Investing Cash Flow	20.19	28.46	0.38	-0.09	-0.23	2.02
Long-Term Debt Issued	-	-	-	34.42	-	-
Long-Term Debt Repaid	-	-3.96	-3.77	-0.12	-0.13	-
Net Debt Issued (Repaid)	-3.76	-3.96	-3.77	34.3	-0.13	-
Common Dividends Paid	-21.05	-26.32	-0.04	-2.62	-0.14	-0.53
Other Financing Activities	-2.07	-2.3	-1.5	-0.96	-	-
Foreign Exchange Rate Adjustments	-0.07	-0.09	-0.21	-0.01	-0.02	0.01
Net Cash Flow	-2.87	-0.75	-2.47	-1.96	2.78	0.36
Cash Interest Paid	2.07	2.3	1.5	0.96	-	-
Levered Free Cash Flow	-54.1	-59.86	-0.13	-36.52	1.35	-22.67
Unlevered Free Cash Flow	-52.82	-58.44	0.87	-35.84	1.36	-22.66
Change in Net Working Capital	53.86	59.26	-0.72	37.93	1.41	24.76

Source: S&P Capital IQ. Real Estate template. Financial Sources.