Borouge 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	1,089	1,225	991.13	1,087	-
Depreciation & Amortization	457.32	541.5	561.51	455.88	-
Other Amortization	19	11.32	10.74	9	-
Loss (Gain) From Sale of Assets	-0.01	-	0.12	-	-
Asset Writedown & Restructuring Costs	1.44	3.08	1.73	20.22	-
Provision & Write-off of Bad Debts	0.81	-3.2	2.1	3.37	-
Other Operating Activities	218.99	229.41	250.51	58.62	-
Change in Accounts Receivable	48.52	-60.05	90.95	-83.67	-
Change in Inventory	114.5	-2.79	0.55	241.03	-
Change in Accounts Payable	10.17	6.57	-21.66	-134.47	-
Change in Unearned Revenue	0.05	1.21	-13.64	-5.55	-
Change in Other Net Operating Assets	-38.98	-39.18	-105.32	320.25	-
Operating Cash Flow	1,921	1,913	1,769	1,971	-
Operating Cash Flow Growth	0.41%	8.17%	-10.27%	-	-
Capital Expenditures	-275.69	-160.12	-191.5	-169.46	-
Sale of Property, Plant & Equipment	0.01	-	0	0.03	-
Cash Acquisitions	-	-	-	521.35	-
Sale (Purchase) of Intangibles	-32.55	-7.26	-7.28	-1.32	-
Other Investing Activities	17.94	23.17	21.9	19.61	-
Investing Cash Flow	-284.73	-137.86	-176.88	370.19	-
Long-Term Debt Repaid	-9.81	-208.9	-855.37	-	-
Total Debt Repaid	-9.81	-208.9	-855.37	-4.29	-
Net Debt Issued (Repaid)	-9.81	-208.9	-855.37	-4.29	-
Issuance of Common Stock	-	-	-	0.08	-
Repurchase of Common Stock	-157.86	-	-	-	-
Common Dividends Paid	-1,309	-1,300	-1,300	-487.39	-
Other Financing Activities	-154.14	-199.16	-225.65	-130.52	-
Financing Cash Flow	-1,631	-1,708	-2,381	-622.12	-
Foreign Exchange Rate Adjustments	2.98	-2.94	-1.04	-3.51	-
Net Cash Flow	8.4	64.59	-789.92	1,716	-
Free Cash Flow	1,645	1,753	1,577	1,802	-
Free Cash Flow Growth	-6.15%	11.15%	-12.46%	-	-
Free Cash Flow Margin	28.13%	29.09%	27.23%	30.05%	-
Free Cash Flow Per Share	0.06	0.06	0.05	0.06	-
Cash Interest Paid	161.77	191.84	208.22	130.52	-
Cash Income Tax Paid	389.6	477.51	372.88	499.12	-
Levered Free Cash Flow	1,291	1,405	1,238	-	-
Unlevered Free Cash Flow	1,401	1,531	1,376	-	-
Change in Working Capital	134.26	-94.24	-49.11	337.59	-

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