DFM:ALANSARI 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	400.86	405.85	495.19	594.86	491.15
Depreciation & Amortization	124.89	94.38	85.01	70.59	63.29
Loss (Gain) From Sale of Assets	0.32	0.37	-0.38	-0.12	-0.49
Asset Writedown & Restructuring Costs	-	-	-	-	1.76
Provision & Write-off of Bad Debts	-0.2	0.47	0.24	2	4
Other Operating Activities	32.86	53.86	17.33	5.81	2.14
Change in Accounts Payable	328.78	250.66	97.39	81.41	55.59
Change in Other Net Operating Assets	-93.71	25.98	17.6	-92.32	-130.17
Operating Cash Flow	793.79	831.56	712.38	667.12	487.27
Operating Cash Flow Growth	-4.54%	16.73%	6.78%	36.91%	5.83%
Capital Expenditures	-38.61	-32.07	-45.19	-30.96	-28.01
Sale of Property, Plant & Equipment	0.23	0.4	1.33	0.16	0.92
Cash Acquisitions	6.42	-	-	-	-
Divestitures	-	-	-	-18.13	-
Sale (Purchase) of Real Estate	-	-	-	-0.11	-0.09
Investment in Securities	20.13	26.73	165.2	-196.93	239.14
Investing Cash Flow	-11.83	-4.94	121.33	-245.96	211.96
Short-Term Debt Issued	230.26	233.53	325	357.51	-
Long-Term Debt Issued	735.15	-	-	-	-
Total Debt Issued	965.41	233.53	325	357.51	-
Short-Term Debt Repaid	-253.82	-329.14	-358.13	-	-
Long-Term Debt Repaid	-440.83	-72.19	-62.96	-58.51	-41.35
Total Debt Repaid	-694.65	-401.33	-421.1	-58.51	-41.35
Net Debt Issued (Repaid)	270.76	-167.79	-96.1	299	-41.35
Issuance of Common Stock	8.71	-	-	-	-
Repurchase of Common Stock	-	-9.18	-	-	-
Common Dividends Paid	-323.32	-457.5	-300	-1,078	-175.93
Other Financing Activities	-	-	-	-96.93	-162.85
Financing Cash Flow	-43.85	-634.47	-396.1	-875.79	-380.13
Foreign Exchange Rate Adjustments	-1.71	-	-	-	-
Net Cash Flow	736.4	192.16	437.62	-454.63	319.1
Free Cash Flow	755.18	799.5	667.19	636.16	459.26
Free Cash Flow Growth	-5.54%	19.83%	4.88%	38.52%	3.13%
Free Cash Flow Margin	116.11%	124.76%	107.47%	112.95%	84.44%
Free Cash Flow Per Share	0.10	0.11	0.09	0.09	9.19
Cash Interest Paid	-	-	-	0.43	0.68
Cash Income Tax Paid	42.08	-	-	-	-
Levered Free Cash Flow	-251.23	131.04	67.36	567.07	-203.57
Unlevered Free Cash Flow	-229.2	136.51	75.69	568.51	-202.55
Change in Working Capital	235.08	276.64	115	-10.91	-74.58

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