Aluminium Bahrain B.S.C. (BAX:ALBH)

Aluminium Bahrain B.S.C. Cash Flow Statement

Financials in millions BHD. Fiscal year is January - December.

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	316.19	218.69	184.54	118.03	416.17	451.87
Depreciation & Amortization	158.95	153.55	137.87	133.89	126.7	120.85
Loss (Gain) From Sale of Assets	8.9	0.88	1.59	0.66	0.75	0.36
Asset Writedown & Restructuring Costs	8.57	8.57	1.85	-	-	2.06
Loss (Gain) From Sale of Investments	-3.5	-4.19	-6.1	-13.3	-12.23	-
Provision & Write-off of Bad Debts	-0.54	-1.43	0.43	2.52	1.55	3.04
Other Operating Activities	31.16	34.79	34.78	62.24	16.15	24.51
Change in Accounts Receivable	66.03	7.62	-45	8.68	73.99	-202.37
Change in Inventory	56.96	18.12	-56.63	8.95	-60.12	-63.31
Change in Accounts Payable	-43.72	-49.17	43.33	7.02	-41.38	-44.17
Operating Cash Flow	599	387.43	296.67	328.67	521.59	292.84
Operating Cash Flow Growth	125.61%	30.59%	-9.74%	-36.99%	78.12%	129.40%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-90.07	-107.52	-104	-132.53	-109.18	-83.16
Sale of Property, Plant & Equipment	0.76	0.75	0.04	0.13	0.82	0.21
Investment in Securities	1.78	-0.64	-4.83	-	-	-
Other Investing Activities	10.79	7.08	3.35	3.59	0.82	0.35
Investing Cash Flow	-76.74	-100.33	-105.44	-128.81	-107.54	-82.6

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Long-Term Debt Issued	-	940.65	1,297	484.98	543.3	787.24
Long-Term Debt Repaid	-	-1,109	-1,362	-550.53	-808.87	-881.79
Net Debt Issued (Repaid)	-1.54	-167.88	-64.44	-65.55	-265.57	-94.55
Issuance of Common Stock	5.52	4.84	10.11	8	9.6	6.47
Repurchase of Common Stock	-5.08	-4.74	-9.99	-7.8	-10.15	-6.5
Common Dividends Paid	-76.53	-52.56	-48.83	-140.15	-120.44	-37.61
Other Financing Activities	-19.75	-27.93	-27.99	-29.74	-29.13	-29.5
Financing Cash Flow	-97.38	-248.28	-141.14	-235.23	-415.69	-161.69

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Foreign Exchange Rate Adjustments	-1.82	0.48	-0.75	1.39	1.94	0.33
Miscellaneous Cash Flow Adjustments	-	-	-	-	-	-9.39
Net Cash Flow	423.06	39.31	49.34	-33.99	0.31	39.48

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	508.94	279.92	192.68	196.15	412.41	209.68
Free Cash Flow Growth	237.81%	45.28%	-1.77%	-52.44%	96.69%	2293.57%
Free Cash Flow Margin	28.61%	15.74%	11.88%	12.71%	22.40%	13.23%
Free Cash Flow Per Share	0.36	0.20	0.14	0.14	0.29	0.15
Levered Free Cash Flow	339.39	148.54	88.68	97.94	269.68	3.49
Unlevered Free Cash Flow	355.17	166.81	108.46	127.17	282.47	27.18

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	24.2	33.07	34.09	43.04	31.15	26.9
Cash Income Tax Paid	0.76	0.76	0	0.84	1	0.92
Change in Working Capital	79.28	-23.43	-58.29	24.65	-27.5	-309.85

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 21, 2026

Data Sources Report a data error