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	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	1,485	1,404	779.59	576.66	131.23
Depreciation & Amortization	295.15	246.84	162.39	213.11	239.77
Loss (Gain) From Sale of Assets	-8.03	-8.32	-0.96	17.52	0.03
Loss (Gain) on Equity Investments	-1.41	-1.41	-1.73	-1.09	-1.26
Provision & Write-off of Bad Debts	15.92	0.49	2.21	-0.63	1.4
Other Operating Activities	156.37	125.17	14.04	-180.2	-60.64
Change in Accounts Receivable	-257.91	-2,756	-1,431	-603.49	298.87
Change in Inventory	-57.72	-15.97	3.81	-100.38	6.37
Change in Accounts Payable	1,234	2,717	3,047	1,977	-118.19
Change in Unearned Revenue	600.31	796.06	-121.83	249.15	-57.11
Change in Other Net Operating Assets	582.83	328.45	-230	-64.85	-
Operating Cash Flow	4,045	2,836	2,224	2,082	440.45
Operating Cash Flow Growth	70.09%	27.56%	6.78%	372.77%	-
Capital Expenditures	-609.61	-609.51	-644.85	-216.02	-68.01
Sale of Property, Plant & Equipment	8.1	8.32	1.57	39.48	-
Investment in Securities	208.98	-85.21	-505.59	-	-
Other Investing Activities	118.89	120.1	92.62	1.23	1.46
Investing Cash Flow	-273.64	-566.3	-1,056	-175.31	-66.54
Long-Term Debt Repaid	-	-337.72	-285.59	-271.39	-270.09
Net Debt Issued (Repaid)	-363.65	-337.72	-285.59	-271.39	-270.09
Common Dividends Paid	-700	-750	-	-	-
Other Financing Activities	-37.84	-49.46	-63.84	-530.82	-32.67
Financing Cash Flow	-1,101	-1,137	-349.43	-802.2	-302.76
Foreign Exchange Rate Adjustments	-16.83	-6.28	-1.64	-2.34	-0.47
Net Cash Flow	2,653	1,127	816.21	1,102	70.69
Free Cash Flow	3,435	2,227	1,579	1,866	372.45
Free Cash Flow Growth	110.74%	41.06%	-15.41%	401.10%	-
Free Cash Flow Margin	20.45%	15.42%	19.88%	34.68%	9.45%
Free Cash Flow Per Share	1.52	0.98	0.70	18.66	-
Cash Interest Paid	37.84	49.46	63.84	30.84	32.64
Cash Income Tax Paid	26.07	43.26	18.93	2.16	24.64
Levered Free Cash Flow	2,928	1,779	1,192	1,032	-
Unlevered Free Cash Flow	2,960	1,818	1,239	1,051	-
Change in Working Capital	2,102	1,070	1,268	1,457	129.93

Updated Feb 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.