ADX:DRIVE Cash Flow Statement

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Net Income	312.97	310.3	267.15	253.41	168	126.76	Upgrade
Depreciation & Amortization	38.52	33.37	18.1	16.21	15.91	17.28	Upgrade
Other Amortization	1.48	1.48	0.8	0.94	2.02	1.59	Upgrade
Loss (Gain) From Sale of Assets	0.3	0.26	-0.57	-1.13	-0.71	2.71	Upgrade
Asset Writedown & Restructuring Costs	-	-	-15.6	-11.8	-2.45	19.35	Upgrade
Loss (Gain) From Sale of Investments	-7.62	-11.79	-3.14	-2.37	-8.91	-5.96	Upgrade
Provision & Write-off of Bad Debts	-	-	0.1	0.04	-0.01	0.24	Upgrade
Other Operating Activities	-21.92	-31.35	-28.98	-6.42	1.12	-2.77	Upgrade
Change in Accounts Receivable	-4.45	-6.95	-2.22	-4.1	-5.49	1.28	Upgrade
Change in Inventory	-0.38	-0.11	-0.1	1.72	0.83	-1.05	Upgrade
Change in Accounts Payable	-3.27	4.08	-16.27	13.01	17.51	-3.16	Upgrade
Change in Other Net Operating Assets	-11.78	-0.99	-	-	-	-	Upgrade
Operating Cash Flow	303.85	298.3	219.28	259.52	187.81	156	Upgrade
Operating Cash Flow Growth	28.14%	36.04%	-15.51%	38.18%	20.39%	8.12%	Upgrade
Capital Expenditures	-30.71	-23.78	-22.01	-28.5	-15.17	-2.94	Upgrade
Sale of Property, Plant & Equipment	-	-	0.57	1.33	0.72	0.08	Upgrade
Cash Acquisitions	-118.17	-118.17	-	-	-	-	Upgrade
Sale (Purchase) of Intangibles	-3.97	-4.27	-1.25	-0.23	-1.84	-1.25	Upgrade
Investment in Securities	-270.59	-330.3	-164.01	48.08	-91.5	60.89	Upgrade
Other Investing Activities	34.86	42.3	20.22	10.6	3.23	11.65	Upgrade
Investing Cash Flow	-388.58	-434.22	-166.49	31.28	-104.56	68.44	Upgrade
Long-Term Debt Repaid	-	-5.6	-3.85	-3.7	-3.64	-3.8	Upgrade
Net Debt Issued (Repaid)	-6.99	-5.6	-3.85	-3.7	-3.64	-3.8	Upgrade
Common Dividends Paid	-366.33	-183.16	-89.79	-85.3	-89.79	-89.79	Upgrade
Other Financing Activities	-4.41	-	-	-	-	-1.26	Upgrade
Financing Cash Flow	-377.72	-188.77	-93.64	-89	-93.43	-94.84	Upgrade
Net Cash Flow	-462.45	-324.69	-40.84	201.8	-10.18	129.6	Upgrade
Free Cash Flow	273.14	274.52	197.27	231.03	172.65	153.06	Upgrade
Free Cash Flow Growth	26.13%	39.16%	-14.61%	33.81%	12.80%	21.51%	Upgrade
Free Cash Flow Margin	46.30%	53.52%	55.47%	68.06%	66.38%	63.52%	Upgrade
Free Cash Flow Per Share	0.25	0.26	0.18	0.21	0.16	0.14	Upgrade
Levered Free Cash Flow	-125.32	75.47	87.16	124.72	100.12	113.16	Upgrade
Unlevered Free Cash Flow	-122.13	78.23	89	126.56	101.99	115.13	Upgrade
Change in Net Working Capital	294.1	84.68	31.56	-10.68	-12.83	-19	Upgrade

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