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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	11,888	14,360	10,752	10,305	10,007	9,317
Depreciation & Amortization	11,802	10,783	7,376	7,814	7,649	8,195
Asset Writedown & Restructuring Costs	28.04	26.81	1,295	80.9	2.76	148.14
Loss (Gain) on Equity Investments	-2,108	-1,948	-2,475	-761.04	-417.36	-297.46
Other Operating Activities	3,985	1,409	1,283	-2,700	759.01	379.5
Change in Accounts Receivable	-1,413	-1,375	-542.12	-1,520	-2,582	-380.29
Change in Inventory	258.01	-30.77	87.16	-123.38	-292.1	-66.3
Change in Accounts Payable	4,702	2,780	4,002	2,058	4,038	821.24
Change in Other Net Operating Assets	-61.2	46.02	-45.05	53.64	-30.29	-6.48
Operating Cash Flow	29,081	26,051	21,733	15,206	19,135	18,111
Operating Cash Flow Growth	37.69%	19.87%	42.93%	-20.53%	5.65%	-4.52%
Capital Expenditures	-8,731	-8,080	-6,708	-6,040	-6,747	-6,446
Sale of Property, Plant & Equipment	279.75	278.48	202.66	105.74	67.2	50.31
Cash Acquisitions	-4,986	-4,986	-10,070	-85.96	-224.02	-1,920
Divestitures	-	-	210.42	-2.96	-	-
Sale (Purchase) of Intangibles	-5,329	-5,264	-2,797	-1,219	-1,289	-1,914
Investment in Securities	-22,995	4,143	-8,219	5,621	-41,867	9,712
Other Investing Activities	4,507	4,354	4,398	3,704	1,599	1,161
Investing Cash Flow	-37,254	-9,554	-22,983	2,083	-48,461	642.22
Long-Term Debt Issued	-	45,299	27,100	26,411	30,440	10,639
Long-Term Debt Repaid	-	-51,129	-12,766	-26,205	-7,353	-10,929
Net Debt Issued (Repaid)	-4,654	-5,830	14,335	205.84	23,087	-290.06
Common Dividends Paid	-8,096	-8,092	-8,103	-7,677	-8,035	-8,097
Other Financing Activities	-3,233	-3,263	-5,840	-3,128	-1,431	-1,222
Financing Cash Flow	-15,983	-17,185	392.06	-10,599	13,621	-13,086
Foreign Exchange Rate Adjustments	-1,553	199.78	-1,720	280.29	-1,003	1,039
Net Cash Flow	-25,709	-487.98	-2,578	6,970	-16,709	6,706
Free Cash Flow	20,350	17,971	15,025	9,166	12,387	11,665
Free Cash Flow Growth	39.73%	19.61%	63.92%	-26.00%	6.19%	-9.54%
Free Cash Flow Margin	26.98%	24.67%	25.38%	17.05%	23.62%	21.87%
Free Cash Flow Per Share	2.33	2.07	1.73	1.05	1.42	1.34
Cash Interest Paid	3,263	3,263	5,840	3,128	1,431	1,155
Cash Income Tax Paid	2,128	2,128	1,486	1,916	1,841	2,118
Levered Free Cash Flow	20,209	16,711	8,262	5,086	7,538	5,601
Unlevered Free Cash Flow	21,866	18,291	10,724	7,053	8,783	6,348
Change in Working Capital	3,486	1,420	3,502	467.67	1,134	368.18

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.