ADX:EMOBILITY 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	339.39	332.97	277.21	267.15	253.41	168
Depreciation & Amortization	44.41	42.28	33.37	18.1	16.21	15.91
Other Amortization	2.59	2.59	1.48	0.8	0.94	2.02
Loss (Gain) From Sale of Assets	-41.93	-41.43	0.26	-0.57	-1.13	-0.71
Asset Writedown & Restructuring Costs	-	-	-	-15.6	-11.8	-2.45
Loss (Gain) From Sale of Investments	-2.04	-5.72	-11.79	-3.14	-2.37	-8.91
Loss (Gain) on Equity Investments	-6.36	-3.52	-	-	-	-
Provision & Write-off of Bad Debts	13.16	13.16	-	0.1	0.04	-0.01
Other Operating Activities	30.03	28.58	1.74	-28.98	-6.42	1.12
Change in Accounts Receivable	-15.63	-9.34	-6.95	-2.22	-4.1	-5.49
Change in Inventory	0.02	-0.16	-0.11	-0.1	1.72	0.83
Change in Accounts Payable	6.16	25.41	4.08	-16.27	13.01	17.51
Change in Other Net Operating Assets	6.83	-3.48	-0.99	-	-	-
Operating Cash Flow	376.62	381.34	298.3	219.28	259.52	187.81
Operating Cash Flow Growth	23.95%	27.84%	36.04%	-15.51%	38.18%	20.39%
Capital Expenditures	-62.01	-53.38	-23.78	-22.01	-28.5	-15.17
Sale of Property, Plant & Equipment	209.56	202.12	-	0.57	1.33	0.72
Cash Acquisitions	-	-	-118.17	-	-	-
Sale (Purchase) of Intangibles	-5.12	-5.59	-4.27	-1.25	-0.23	-1.84
Investment in Securities	-624.68	-310.61	-330.3	-164.01	48.08	-91.5
Other Investing Activities	-16.47	40.58	42.3	20.22	10.6	3.23
Investing Cash Flow	-498.72	-126.89	-434.22	-166.49	31.28	-104.56
Long-Term Debt Issued	-	160	-	-	-	-
Long-Term Debt Repaid	-	-12.81	-5.6	-3.85	-3.7	-3.64
Net Debt Issued (Repaid)	136.99	147.19	-5.6	-3.85	-3.7	-3.64
Common Dividends Paid	-	-183.16	-183.16	-89.79	-85.3	-89.79
Other Financing Activities	-12.25	-4.41	-	-	-	-
Financing Cash Flow	124.74	-40.39	-188.77	-93.64	-89	-93.43
Net Cash Flow	2.65	214.07	-324.69	-40.84	201.8	-10.18
Free Cash Flow	314.62	327.96	274.52	197.27	231.03	172.65
Free Cash Flow Growth	15.19%	19.47%	39.16%	-14.61%	33.81%	12.80%
Free Cash Flow Margin	39.71%	42.57%	53.52%	55.47%	68.06%	66.38%
Free Cash Flow Per Share	0.30	0.30	0.26	0.18	0.21	0.16
Cash Income Tax Paid	28.08	28.08	-	-	-	-
Levered Free Cash Flow	590.81	393.13	116.84	87.16	124.72	100.12
Unlevered Free Cash Flow	600.08	400.79	120.17	89	126.56	101.99
Change in Working Capital	-2.63	12.44	-3.97	-18.59	10.64	12.85

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