ADX:EAND 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
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	Dec '20 Dec 31, 2020
Net Income	14,109	10,752	10,305	10,007	9,317	9,027
Depreciation & Amortization	9,887	7,376	7,814	7,649	8,195	7,900
Asset Writedown & Restructuring Costs	1,296	1,295	80.9	2.76	148.14	296.7
Loss (Gain) on Equity Investments	-2,237	-2,475	-761.04	-417.36	-297.46	-197.41
Other Operating Activities	176.88	1,283	-2,700	759.01	379.5	1,531
Change in Accounts Receivable	-881.11	-542.12	-1,520	-2,582	-380.29	811.3
Change in Inventory	67.83	87.16	-123.38	-292.1	-66.3	84.42
Change in Accounts Payable	3,955	4,002	2,058	4,038	821.24	-521.67
Change in Other Net Operating Assets	8.29	-45.05	53.64	-30.29	-6.48	37.55
Operating Cash Flow	26,381	21,733	15,206	19,135	18,111	18,968
Operating Cash Flow Growth	48.91%	42.93%	-20.53%	5.65%	-4.52%	-2.35%
Capital Expenditures	-7,172	-6,708	-6,040	-6,747	-6,446	-6,074
Sale of Property, Plant & Equipment	344.94	202.66	105.74	67.2	50.31	128.76
Cash Acquisitions	-13,411	-10,070	-85.96	-224.02	-1,920	-153.06
Divestitures	210.42	210.42	-2.96	-	-	-
Sale (Purchase) of Intangibles	-5,605	-2,797	-1,219	-1,289	-1,914	-1,020
Investment in Securities	-3,138	-8,219	5,621	-41,867	9,712	7,476
Other Investing Activities	4,717	4,398	3,704	1,599	1,161	1,179
Investing Cash Flow	-24,053	-22,983	2,083	-48,461	642.22	1,538
Long-Term Debt Issued	-	27,100	26,411	30,440	10,639	4,599
Long-Term Debt Repaid	-	-12,766	-26,205	-7,353	-10,929	-4,112
Net Debt Issued (Repaid)	4,988	14,335	205.84	23,087	-290.06	486.57
Common Dividends Paid	-7,926	-8,103	-7,677	-8,035	-8,097	-8,402
Other Financing Activities	-3,412	-5,840	-3,128	-1,431	-1,222	-1,528
Financing Cash Flow	-6,350	392.06	-10,599	13,621	-13,086	-9,443
Foreign Exchange Rate Adjustments	-1,196	-1,720	280.29	-1,003	1,039	-684.48
Net Cash Flow	-5,218	-2,578	6,970	-16,709	6,706	10,378
Free Cash Flow	19,209	15,025	9,166	12,387	11,665	12,895
Free Cash Flow Growth	71.83%	63.92%	-26.00%	6.19%	-9.54%	10.86%
Free Cash Flow Margin	27.44%	25.38%	17.05%	23.62%	21.87%	24.94%
Free Cash Flow Per Share	2.21	1.73	1.05	1.42	1.34	1.48
Cash Interest Paid	3,412	5,840	3,128	1,431	1,155	1,528
Cash Income Tax Paid	2,040	1,486	1,916	1,841	2,118	1,787
Levered Free Cash Flow	15,038	8,262	5,086	7,538	5,601	8,866
Unlevered Free Cash Flow	16,956	10,724	7,053	8,783	6,348	9,618
Change in Working Capital	3,150	3,502	467.67	1,134	368.18	411.6

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