DFM:AMAN Cash Flow Statement

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	2014 - 2018
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	2014 - 2018
Net Income	-54.49	1.11	-10.16	12.29	19.12	8.77	Upgrade
Depreciation & Amortization	0.05	0.08	0.12	0.14	0.17	0.1	Upgrade
Gain (Loss) on Sale of Investments	21.22	12.05	-4.9	6.6	-7.48	0.2	Upgrade
Change in Accounts Receivable	-8.98	-	-	8.97	-4.75	22.35	Upgrade
Reinsurance Recoverable	15.24	-	-	2.87	14.9	154.45	Upgrade
Change in Accounts Payable	49.93	19.75	24.57	-12.08	1.81	-3.76	Upgrade
Change in Insurance Reserves / Liabilities	58.31	-	-	36.94	59.12	-60.98	Upgrade
Change in Other Net Operating Assets	-15.05	17.51	-19.92	0.19	3.15	1.51	Upgrade
Other Operating Activities	-1.28	-3.58	-2.95	-11.14	-3.77	-4.53	Upgrade
Operating Cash Flow	76.39	48.61	-8.33	38.2	87.45	122.24	Upgrade
Operating Cash Flow Growth	-	-	-	-56.32%	-28.46%	320.45%	Upgrade
Capital Expenditures	-	-	-0.03	-0.09	-0.15	-	Upgrade
Investment in Securities	72.24	-33.1	92.84	4.28	-115.95	-103.81	Upgrade
Other Investing Activities	-90.1	-91.15	-24.17	11.43	2.85	3.4	Upgrade
Investing Cash Flow	-17.86	-124.25	68.64	15.62	-113.26	-100.42	Upgrade
Short-Term Debt Issued	-	-	-	-	0.01	0.13	Upgrade
Total Debt Issued	-	-	-	-	0.01	0.13	Upgrade
Total Debt Repaid	-	-	-15.23	-19.99	-0.11	-0.06	Upgrade
Net Debt Issued (Repaid)	-	-	-15.23	-19.99	-0.1	0.07	Upgrade
Other Financing Activities	-0.45	-0.45	-0.3	-0.33	-0.91	0.12	Upgrade
Financing Cash Flow	-0.45	-0.45	-15.52	-20.33	-1.01	0.19	Upgrade
Net Cash Flow	58.09	-76.09	44.79	33.5	-26.82	22.01	Upgrade
Free Cash Flow	76.39	48.61	-8.36	38.11	87.3	122.24	Upgrade
Free Cash Flow Growth	-	-	-	-56.34%	-28.58%	323.39%	Upgrade
Free Cash Flow Margin	-	-	-127.13%	28.28%	62.51%	109.17%	Upgrade
Free Cash Flow Per Share	0.34	0.21	-0.04	0.17	0.39	0.54	Upgrade
Levered Free Cash Flow	85.23	12.83	733.69	-26.66	-122.57	-83.87	Upgrade
Unlevered Free Cash Flow	85.23	12.83	733.69	-26.66	-122.57	-83.87	Upgrade
Change in Net Working Capital	-123.26	-16.07	-736.42	33.05	136.69	89.41	Upgrade

Updated Dec 24, 2024. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.