Ras Al Khaimah Co. for White Cement & Construction Materials P.S.C. (ADX:RAKWCT)

ADX:RAKWCT Cash Flow Statement

Financials in millions AED. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	40.12	36.41	38.01	20.54	21.09	32.87
Depreciation & Amortization	34.85	34.56	34.59	33.16	33.88	33.49
Loss (Gain) From Sale of Assets	-0.1	-0.1	-0.13	-0.01	-	-
Loss (Gain) From Sale of Investments	-	-	-	1.67	-3.32	-7.62
Provision & Write-off of Bad Debts	1.06	1.06	0.5	-	0.67	-
Other Operating Activities	-15	-15.36	-16.02	-25.79	-7.72	-3.37
Change in Accounts Receivable	6.64	-5.7	0.96	2.12	-5.13	27.19
Change in Inventory	20.51	11.41	2.74	11.74	2.78	6.1
Change in Accounts Payable	0.16	8.56	6.2	-5.75	-1.76	-9.17
Operating Cash Flow	88.25	70.84	66.84	37.67	40.48	79.48
Operating Cash Flow Growth	31.99%	5.98%	77.42%	-6.93%	-49.07%	76.17%
Capital Expenditures	-11.19	-10.77	-12.15	-7.28	-7.56	-11.99
Sale of Property, Plant & Equipment	0.1	0.1	0.13	0.01	-	-
Investment in Securities	-125.5	-70.35	-71.87	-42.38	-24.27	59.79
Other Investing Activities	10.62	12.49	14.87	10.15	5.63	4.21
Investing Cash Flow	-125.97	-68.53	-69.02	-39.51	-26.2	52.01
Long-Term Debt Repaid	-	-	-0.53	-	-73.01	-22.5
Total Debt Repaid	-0.42	-0.42	-0.53	-	-73.01	-22.5
Net Debt Issued (Repaid)	-0.42	-0.42	-0.53	-	-73.01	-22.5
Common Dividends Paid	-10.68	-0.87	-1	-7.35	-45.47	-23.07
Other Financing Activities	-	-	-	-	-1.05	-1.55
Financing Cash Flow	-11.11	-1.3	-1.54	-7.35	-119.53	-47.12
Net Cash Flow	-48.83	1.01	-3.71	-9.19	-105.26	84.37
Free Cash Flow	77.06	60.07	54.69	30.39	32.92	67.5
Free Cash Flow Growth	36.91%	9.82%	79.98%	-7.69%	-51.23%	78.67%
Free Cash Flow Margin	27.06%	22.01%	21.36%	11.44%	13.29%	28.15%
Free Cash Flow Per Share	0.15	0.12	0.11	0.06	0.07	0.14
Cash Interest Paid	-	-	-	-	1.05	1.55
Levered Free Cash Flow	-	-	46.57	17.85	33.44	55.74
Unlevered Free Cash Flow	-	-	46.64	17.85	33.94	56.73
Change in Working Capital	27.32	14.27	9.9	8.1	-4.11	24.11

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