Palms Sports PJSC 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	115.62	109.61	105.34	133.26	91.84
Depreciation & Amortization	19.7	19.35	5.1	0.41	0.37
Other Amortization	0.11	-	-	0	0.01
Loss (Gain) From Sale of Assets	-0.12	-0.07	-0	-0.07	-
Asset Writedown & Restructuring Costs	2.79	-	-	-	-
Loss (Gain) From Sale of Investments	10.71	19.13	15.08	-51.9	-12.51
Loss (Gain) on Equity Investments	-3.41	-0.38	0.48	0.34	-
Provision & Write-off of Bad Debts	-0.41	-0.57	-6.11	-1.66	1.45
Other Operating Activities	10.95	19.27	-0.91	0.9	2.43
Change in Accounts Receivable	-112.26	-63.32	55.67	-13.45	27.39
Change in Inventory	0.79	-0.43	-1.12	-0.49	0.24
Change in Accounts Payable	13.67	2.41	1.15	7.3	-2.17
Change in Other Net Operating Assets	41.83	-25.4	-31.66	-1.9	-0.04
Operating Cash Flow	99.98	79.6	143	72.73	109
Operating Cash Flow Growth	25.59%	-44.33%	96.63%	-33.28%	1673.95%
Capital Expenditures	-7.68	-2.05	-0.44	-0.46	-0.02
Sale of Property, Plant & Equipment	0.22	0.16	0	0.14	-
Cash Acquisitions	-1	0.27	-233.15	-3.93	-
Investment in Securities	14.78	83.88	8.76	-61.33	-120.81
Other Investing Activities	4.5	5.8	5.77	2.79	0.28
Investing Cash Flow	10.81	88.07	-219.06	-62.78	-120.55
Long-Term Debt Issued	-	90	150	-	-
Total Debt Issued	-	90	150	-	-
Long-Term Debt Repaid	-128.06	-48.38	-0.3	-0.39	-0.1
Total Debt Repaid	-128.06	-48.38	-0.3	-0.39	-0.1
Net Debt Issued (Repaid)	-128.06	41.62	149.7	-0.39	-0.1
Common Dividends Paid	-50	-100	-	-	-
Other Financing Activities	-29.9	-	-5.7	-	-
Financing Cash Flow	-207.96	-58.39	144	-0.39	-0.1
Net Cash Flow	-97.17	109.28	67.94	9.56	-11.65
Free Cash Flow	92.29	77.56	142.56	72.27	108.98
Free Cash Flow Growth	19.00%	-45.60%	97.26%	-33.68%	1769.99%
Free Cash Flow Margin	7.94%	7.38%	24.73%	23.94%	40.31%
Free Cash Flow Per Share	0.61	0.52	0.95	0.48	0.73
Cash Interest Paid	11.54	15.76	4.5	2.41	0.94
Cash Income Tax Paid	3.42	-	-	-	-
Levered Free Cash Flow	10.93	33.82	-81.65	36.57	76.52
Unlevered Free Cash Flow	18.56	44.05	-78.72	38.08	77.14
Change in Working Capital	-55.97	-86.74	24.03	-8.54	25.42

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