DAR:DSE Cash Flow Statement

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

Millions TZS. 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	-	4,272	5,696	4,483	3,997
Depreciation & Amortization	-	82.47	47.4	47.6	63.96
Other Amortization	-	113.47	76.82	72.97	86.02
Loss (Gain) From Sale of Investments	-	-6.03	-2.49	-	-
Other Operating Activities	-	-3,743	-3,437	-3,314	-3,177
Change in Accounts Receivable	-	234.16	-458.24	-233.98	1,844
Change in Accounts Payable	-	82.31	206.25	455.73	-404.29
Change in Unearned Revenue	-	192.4	229.1	-0.58	143.81
Change in Other Net Operating Assets	-	-0.8	0.95	14.05	-38.28
Operating Cash Flow	-	1,227	2,359	1,524	2,515
Operating Cash Flow Growth	-	-47.97%	54.78%	-39.39%	96.50%
Capital Expenditures	-	-2,781	-319.11	-97.75	-32.07
Sale (Purchase) of Intangibles	-	-245.5	-106.17	-16.1	-
Investment in Securities	-	1,752	-2,536	-2,245	-2,705
Other Investing Activities	-	3,577	3,399	3,163	2,927
Investing Cash Flow	-	2,356	484.2	849.32	133.71
Common Dividends Paid	-	-3,454	-2,764	-2,398	-2,783
Financing Cash Flow	-	-3,454	-2,764	-2,398	-2,783
Net Cash Flow	-	128.95	79.5	-24.99	-134.74
Free Cash Flow	-	-1,553	2,040	1,426	2,483
Free Cash Flow Growth	-	-	43.01%	-42.55%	96.26%
Free Cash Flow Margin	-	-19.63%	23.31%	20.91%	43.77%
Free Cash Flow Per Share	-	-65.20	85.62	59.87	104.20
Cash Income Tax Paid	-	166.16	97.02	116.53	181.34
Levered Free Cash Flow	-	-1,565	1,482	1,202	2,087
Unlevered Free Cash Flow	-	-1,565	1,482	1,202	2,087
Change in Working Capital	-	508.06	-21.94	235.23	1,545

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