ADX:HAYAH 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	1.67	4.65	-5.7	7.43	1.18
Depreciation & Amortization	2	0.86	0.89	0.46	0.34
Other Amortization	-	0.51	0.28	0.04	0.06
Gain (Loss) on Sale of Assets	-	-	-	-	0
Gain (Loss) on Sale of Investments	-1.59	-1.69	-0.77	1.95	-1.27
Change in Accounts Receivable	-41.14	-6.79	-7.68	-0.46	2.23
Reinsurance Recoverable	-26.49	-2.86	-18.08	-11.23	-2
Change in Unearned Revenue	-	-	-	-	0.07
Change in Insurance Reserves / Liabilities	29.95	1.61	1.3	-10.47	7.07
Change in Other Net Operating Assets	43.4	-5.99	10.38	1.35	4.31
Other Operating Activities	-3.72	-5.03	-3.33	-3.51	-3.73
Operating Cash Flow	4.08	-10.48	-22.75	-14.57	7.77
Operating Cash Flow Growth	-	-	-	-	7992.71%
Capital Expenditures	-1.03	-0.79	-0.83	-0.81	-0.08
Purchase / Sale of Intangible Assets	-1.7	-2.99	-6.17	-4.34	-1.47
Investment in Securities	19.9	11.53	20.13	7	-41.78
Other Investing Activities	5.34	5.21	4.15	4.02	3.73
Investing Cash Flow	22.51	12.96	17.28	5.87	-39.61
Total Debt Repaid	-0.61	-0.18	-0.36	-0.23	-0.32
Net Debt Issued (Repaid)	-0.61	-0.18	-0.36	-0.23	-0.32
Financing Cash Flow	-0.61	-0.18	-0.36	-0.23	-0.32
Net Cash Flow	25.98	2.29	-5.82	-8.93	-32.16
Free Cash Flow	3.05	-11.27	-23.58	-15.38	7.69
Free Cash Flow Growth	-	-	-	-	9629.11%
Free Cash Flow Margin	2.26%	-11.04%	-25.29%	-20.59%	18.82%
Free Cash Flow Per Share	0.01	-0.06	-0.12	-0.08	0.04
Levered Free Cash Flow	42.04	-18.08	-10.4	-48.03	-0.48
Unlevered Free Cash Flow	42.04	-18.08	-10.4	-48.03	-0.48
Change in Working Capital	5.72	-14.03	-14.12	-20.94	11.92

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