Burjeel Holdings Cash Flow Statement

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

Millions AED. 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	475.27	347.46	516.19	338.14	220.92
Depreciation & Amortization	385.6	359.74	351.66	354.39	394.29
Loss (Gain) From Sale of Assets	-0.12	-0.5	-0.65	-0.35	-
Asset Writedown & Restructuring Costs	-	-	-	-	0.01
Loss (Gain) From Sale of Investments	-	9.97	-15.64	-	-
Loss (Gain) on Equity Investments	2.9	-16.71	-18.19	-21.22	-21.31
Provision & Write-off of Bad Debts	178.83	102.75	84.11	65.13	112.8
Other Operating Activities	36.93	112.29	97.64	55.67	23.58
Change in Accounts Receivable	-606.6	-505.22	-528.5	-360.58	-347.79
Change in Inventory	-9.48	-15.95	-21.42	-32.54	-50.19
Change in Accounts Payable	-65.66	77.44	93.25	-100.7	61.14
Change in Other Net Operating Assets	4.44	28.24	7.3	60.3	-65.79
Operating Cash Flow	402.11	499.52	565.75	358.23	327.66
Operating Cash Flow Growth	-19.50%	-11.71%	57.93%	9.33%	101.19%
Capital Expenditures	-580.94	-252.02	-161.08	-79.66	-85.66
Sale of Property, Plant & Equipment	0.77	1.03	0.68	0.52	-
Cash Acquisitions	-107.86	-	-	-	-
Sale (Purchase) of Intangibles	-3.58	-3.08	-16.7	-3.5	-0.08
Investment in Securities	-5.16	26.89	-21.22	-	-
Other Investing Activities	-	14.8	12.98	1,551	97.29
Investing Cash Flow	-696.78	-212.38	-185.34	1,468	11.55
Long-Term Debt Issued	1,038	466.17	5.07	300.96	151.18
Long-Term Debt Repaid	-515.23	-591.74	-264.23	-2,388	-406.18
Net Debt Issued (Repaid)	522.3	-125.57	-259.16	-2,087	-255
Issuance of Common Stock	-	0	-	401.1	8.63
Common Dividends Paid	-170	-65.06	-95.25	-	-
Other Financing Activities	-15.05	-28.32	-6.55	-32.58	2.36
Financing Cash Flow	337.25	-218.95	-360.97	-1,719	-244.01
Net Cash Flow	42.58	68.19	19.44	107.58	95.19
Free Cash Flow	-178.83	247.5	404.67	278.58	242
Free Cash Flow Growth	-	-38.84%	45.26%	15.11%	-
Free Cash Flow Margin	-3.26%	4.94%	8.92%	7.10%	7.22%
Free Cash Flow Per Share	-0.03	0.05	0.08	0.05	0.05
Cash Interest Paid	-	86.84	87.21	158.24	152.69
Cash Income Tax Paid	-	0.54	-	-	-
Levered Free Cash Flow	-402.74	78.21	110.7	1,581	-708.74
Unlevered Free Cash Flow	-301.23	162.75	200.29	1,717	-581.35
Change in Working Capital	-677.31	-415.49	-449.37	-433.52	-402.63

Source: S&P Global Market Intelligence. Standard template. Financial Sources.