NMDC Energy - P.J.S.C. 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	1,601	1,404	779.59	576.66	131.23
Depreciation & Amortization	416.62	246.84	162.39	213.11	239.77
Loss (Gain) From Sale of Assets	-1.7	-8.32	-0.96	17.52	0.03
Loss (Gain) on Equity Investments	-2.24	-1.41	-1.73	-1.09	-1.26
Provision & Write-off of Bad Debts	54.87	0.49	2.21	-0.63	1.4
Other Operating Activities	87.75	125.17	14.04	-180.2	-60.64
Change in Accounts Receivable	-3,190	-2,756	-1,431	-603.49	298.87
Change in Inventory	-30.74	-15.97	3.81	-100.38	6.37
Change in Accounts Payable	3,129	2,717	3,047	1,977	-118.19
Change in Unearned Revenue	-97.49	796.06	-121.83	249.15	-57.11
Change in Other Net Operating Assets	-72.14	328.45	-230	-64.85	-
Operating Cash Flow	1,894	2,836	2,224	2,082	440.45
Operating Cash Flow Growth	-33.22%	27.56%	6.78%	372.77%	-
Capital Expenditures	-553.5	-609.51	-644.85	-216.02	-68.01
Sale of Property, Plant & Equipment	1.77	8.32	1.57	39.48	-
Investment in Securities	590.72	-85.21	-505.59	-	-
Other Investing Activities	111.99	120.1	92.62	1.23	1.46
Investing Cash Flow	150.98	-566.3	-1,056	-175.31	-66.54
Long-Term Debt Repaid	-453.23	-337.72	-285.59	-271.39	-270.09
Net Debt Issued (Repaid)	-453.23	-337.72	-285.59	-271.39	-270.09
Common Dividends Paid	-700	-750	-	-	-
Other Financing Activities	-27.55	-49.46	-63.84	-530.82	-32.67
Financing Cash Flow	-1,181	-1,137	-349.43	-802.2	-302.76
Foreign Exchange Rate Adjustments	-3.04	-6.28	-1.64	-2.34	-0.47
Net Cash Flow	861.25	1,127	816.21	1,102	70.69
Free Cash Flow	1,341	2,227	1,579	1,866	372.45
Free Cash Flow Growth	-39.80%	41.06%	-15.41%	401.10%	-
Free Cash Flow Margin	7.18%	15.42%	19.88%	34.68%	9.45%
Free Cash Flow Per Share	0.27	0.45	0.70	18.66	-
Cash Interest Paid	27.55	49.46	63.84	30.84	32.64
Cash Income Tax Paid	98.75	43.26	18.93	2.16	24.64
Levered Free Cash Flow	818.7	1,691	1,192	1,032	-
Unlevered Free Cash Flow	843.12	1,730	1,239	1,051	-
Change in Working Capital	-261.72	1,070	1,268	1,457	129.93

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