Borouge Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 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	515.5	541.5	561.51	455.88	-
Other Amortization	11.32	11.32	10.74	9	-
Loss (Gain) From Sale of Assets	0.01	-	0.12	-	-
Asset Writedown & Restructuring Costs	1.22	3.08	1.73	20.22	-
Provision & Write-off of Bad Debts	0.94	-3.2	2.1	3.37	-
Other Operating Activities	198.46	229.41	250.51	58.62	-
Change in Accounts Receivable	65.01	-60.05	90.95	-83.67	-
Change in Inventory	109.65	-2.79	0.55	241.03	-
Change in Accounts Payable	-8.87	6.57	-21.66	-134.47	-
Change in Unearned Revenue	1.21	1.21	-13.64	-5.55	-
Change in Other Net Operating Assets	77.89	-39.18	-105.32	320.25	-
Operating Cash Flow	2,061	1,913	1,769	1,971	-
Operating Cash Flow Growth	18.42%	8.17%	-10.27%	-	-
Capital Expenditures	-284.29	-160.12	-191.5	-169.46	-
Sale of Property, Plant & Equipment	-0.01	-	0	0.03	-
Cash Acquisitions	-	-	-	521.35	-
Sale (Purchase) of Intangibles	-3.87	-7.26	-7.28	-1.32	-
Other Investing Activities	23.71	23.17	21.9	19.61	-
Investing Cash Flow	-264.45	-144.21	-176.88	370.19	-
Long-Term Debt Repaid	-	-208.9	-855.37	-	-
Total Debt Repaid	-10.81	-208.9	-855.37	-4.29	-
Net Debt Issued (Repaid)	-210.81	-208.9	-855.37	-4.29	-
Issuance of Common Stock	-	-	-	0.08	-
Common Dividends Paid	-1,304	-1,300	-1,300	-487.39	-
Other Financing Activities	-165.96	-192.81	-225.65	-130.52	-
Financing Cash Flow	-1,801	-1,701	-2,381	-622.12	-
Foreign Exchange Rate Adjustments	-5.39	-2.94	-1.04	-3.51	-
Net Cash Flow	-9.88	64.59	-789.92	1,716	-
Free Cash Flow	1,777	1,753	1,577	1,802	-
Free Cash Flow Growth	12.08%	11.15%	-12.46%	-	-
Free Cash Flow Margin	30.67%	29.09%	27.23%	30.05%	-
Free Cash Flow Per Share	0.07	0.06	0.05	0.06	-
Cash Interest Paid	165.59	191.84	208.22	130.52	-
Cash Income Tax Paid	417.7	477.51	372.88	499.12	-
Levered Free Cash Flow	1,442	1,405	1,238	-	-
Unlevered Free Cash Flow	1,553	1,531	1,376	-	-
Change in Working Capital	244.9	-94.24	-49.11	337.59	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.