Amanat Holdings PJSC Cash Flow Statement

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	160.13	115.84	-53.2	114.21	280.83	10.08
Depreciation & Amortization	102.12	89.3	79.76	56.37	41.26	24.61
Other Amortization	0.58	0.58	0.55	0.55	0.49	-
Loss (Gain) From Sale of Assets	-68.09	0.21	0.04	0.37	0.04	0.61
Asset Writedown & Restructuring Costs	13.74	13.74	95.09	-	19.96	-
Loss (Gain) From Sale of Investments	-	-	-9.63	-	-202.88	-
Loss (Gain) on Equity Investments	-41.98	-29.56	-18.21	-25.08	-52.53	-22.43
Provision & Write-off of Bad Debts	18.48	8.06	3.82	2.54	6.94	4.09
Other Operating Activities	122.98	93.79	235.36	-3.78	-26.86	-42.75
Change in Accounts Receivable	-31.59	-68.02	-13.02	-16.1	-18.59	-1.3
Change in Inventory	-2.21	-1.36	2.12	0.32	-0.17	-1.86
Change in Accounts Payable	-	-	-	-	-	20.35
Change in Other Net Operating Assets	-22.19	54.3	3.71	-6.82	43.13	1.66
Operating Cash Flow	188.97	236.49	205.48	119.92	91.62	-6.93
Operating Cash Flow Growth	-30.74%	15.09%	71.34%	30.90%	-	-
Capital Expenditures	-85.94	-157.21	-91.4	-19.41	-71.33	-6.29
Cash Acquisitions	-	-31.86	29.31	-208.26	-857.34	-
Investment in Securities	240.97	46.5	-65.69	534.27	143.17	335.12
Other Investing Activities	37.17	41.87	26	27.37	28.53	43.99
Investing Cash Flow	645.2	-100.7	-101.77	333.97	-741.68	350.19
Long-Term Debt Issued	-	104.03	15.96	13.03	410.94	5.22
Long-Term Debt Repaid	-	-73.72	-72.5	-45.98	-45.32	-4.79
Net Debt Issued (Repaid)	-69.18	30.31	-56.54	-32.95	365.63	0.43
Issuance of Common Stock	13.58	-	24.59	-	-	-
Repurchase of Common Stock	-8.45	-22.99	-	-21.7	-3.66	-6.18
Common Dividends Paid	-115	-125	-100	-150	-	-55
Other Financing Activities	-52.01	-26.27	-68.81	4.52	-10.47	-18.84
Financing Cash Flow	-231.06	-143.95	-200.76	-200.14	351.51	-79.58
Net Cash Flow	603.12	-8.16	-97.06	253.76	-298.56	263.68
Free Cash Flow	103.04	79.28	114.08	100.51	20.29	-13.22
Free Cash Flow Growth	12.72%	-30.50%	13.50%	395.39%	-	-
Free Cash Flow Margin	11.76%	9.96%	16.78%	19.59%	4.91%	-9.21%
Free Cash Flow Per Share	0.04	0.03	0.05	0.04	0.01	-0.01
Cash Interest Paid	33.02	33.77	31.08	17.58	10.91	3.99
Levered Free Cash Flow	12.96	51.47	39.51	16.92	-53.07	-12.32
Unlevered Free Cash Flow	33.88	72.99	60.67	35.12	-42.18	-9
Change in Working Capital	-55.99	-15.08	-7.18	-22.6	24.37	18.85

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.