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 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	1,464	1,601	1,404	779.59	576.66	131.23
Depreciation & Amortization	443.87	416.62	246.84	162.39	213.11	239.77
Loss (Gain) From Sale of Assets	-1.04	-1.7	-8.32	-0.96	17.52	0.03
Loss (Gain) on Equity Investments	-2.24	-2.24	-1.41	-1.73	-1.09	-1.26
Provision & Write-off of Bad Debts	50.95	54.87	0.49	2.21	-0.63	1.4
Other Operating Activities	85.96	87.75	125.17	14.04	-180.2	-60.64
Change in Accounts Receivable	-2,248	-3,190	-2,756	-1,431	-603.49	298.87
Change in Inventory	-16.07	-30.74	-15.97	3.81	-100.38	6.37
Change in Accounts Payable	1,841	3,129	2,717	3,047	1,977	-118.19
Change in Unearned Revenue	348.09	-97.49	796.06	-121.83	249.15	-57.11
Change in Other Net Operating Assets	297.34	-72.14	328.45	-230	-64.85	-
Operating Cash Flow	2,264	1,894	2,836	2,224	2,082	440.45
Operating Cash Flow Growth	12.62%	-33.22%	27.56%	6.78%	372.77%	-
Capital Expenditures	-573.62	-553.5	-609.51	-644.85	-216.02	-68.01
Sale of Property, Plant & Equipment	1.04	1.77	8.32	1.57	39.48	-
Investment in Securities	-2.66	590.72	-85.21	-505.59	-	-
Other Investing Activities	106.53	111.99	120.1	92.62	1.23	1.46
Investing Cash Flow	-468.71	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)	-464.74	-453.23	-337.72	-285.59	-271.39	-270.09
Common Dividends Paid	-800.26	-700	-750	-	-	-
Other Financing Activities	-21.27	-27.55	-49.46	-63.84	-530.82	-32.67
Financing Cash Flow	-1,286	-1,181	-1,137	-349.43	-802.2	-302.76
Foreign Exchange Rate Adjustments	-8.73	-3.04	-6.28	-1.64	-2.34	-0.47
Net Cash Flow	500.28	861.25	1,127	816.21	1,102	70.69
Free Cash Flow	1,690	1,341	2,227	1,579	1,866	372.45
Free Cash Flow Growth	20.00%	-39.80%	41.06%	-15.41%	401.10%	-
Free Cash Flow Margin	8.50%	7.18%	15.42%	19.88%	34.68%	9.45%
Free Cash Flow Per Share	0.34	0.27	0.45	0.70	18.66	-
Cash Interest Paid	21.27	27.55	49.46	63.84	30.84	32.64
Cash Income Tax Paid	99.11	98.75	43.26	18.93	2.16	24.64
Levered Free Cash Flow	1,236	818.7	1,691	1,192	1,032	-
Unlevered Free Cash Flow	1,257	843.12	1,730	1,239	1,051	-
Change in Working Capital	222.62	-261.72	1,070	1,268	1,457	129.93

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