Amanat Holdings PJSC 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	176.99	115.84	-53.2	114.21	280.83
Depreciation & Amortization	104.14	82.92	79.76	56.37	41.26
Other Amortization	0.62	0.58	0.55	0.55	0.49
Loss (Gain) From Sale of Assets	-68.24	0.21	0.04	0.37	0.04
Asset Writedown & Restructuring Costs	-	-2.08	95.09	-	19.96
Loss (Gain) From Sale of Investments	-	-	-9.63	-	-202.88
Loss (Gain) on Equity Investments	-51.51	-29.56	-18.21	-25.08	-52.53
Provision & Write-off of Bad Debts	21	8.06	3.82	2.54	6.94
Other Operating Activities	58.31	83.81	235.36	-3.78	-26.86
Change in Accounts Receivable	-102.11	-68.02	-13.02	-16.1	-18.59
Change in Inventory	-1.19	-1.36	2.12	0.32	-0.17
Change in Other Net Operating Assets	55.77	54.3	3.71	-6.82	43.13
Operating Cash Flow	180.83	236.49	205.48	119.92	91.62
Operating Cash Flow Growth	-23.54%	15.09%	71.34%	30.90%	-
Capital Expenditures	-89.99	-157.21	-91.4	-19.41	-71.33
Sale of Property, Plant & Equipment	453.13	-	-	-	-
Cash Acquisitions	-24.98	-31.86	29.31	-208.26	-857.34
Divestitures	515.85	-	-	-	-
Investment in Securities	119.2	46.5	-65.69	534.27	143.17
Other Investing Activities	60.64	41.87	26	27.37	28.53
Investing Cash Flow	1,034	-100.7	-101.77	333.97	-741.68
Long-Term Debt Issued	66.98	104.03	15.96	13.03	410.94
Long-Term Debt Repaid	-126.87	-73.72	-72.5	-45.98	-45.32
Net Debt Issued (Repaid)	-59.9	30.31	-56.54	-32.95	365.63
Issuance of Common Stock	9.19	-	24.59	-	-
Repurchase of Common Stock	-	-22.99	-	-21.7	-3.66
Common Dividends Paid	-40	-125	-100	-150	-
Other Financing Activities	-44.44	-26.27	-68.81	4.52	-10.47
Financing Cash Flow	-135.14	-143.95	-200.76	-200.14	351.51
Net Cash Flow	1,080	-8.16	-97.06	253.76	-298.56
Free Cash Flow	90.84	79.28	114.08	100.51	20.29
Free Cash Flow Growth	14.57%	-30.50%	13.50%	395.39%	-
Free Cash Flow Margin	9.75%	9.96%	16.78%	19.59%	4.91%
Free Cash Flow Per Share	0.04	0.03	0.05	0.04	0.01
Cash Interest Paid	19.42	33.77	31.08	17.58	10.91
Levered Free Cash Flow	69.98	45.08	39.51	16.92	-53.07
Unlevered Free Cash Flow	87.8	66.61	60.67	35.12	-42.18
Change in Working Capital	-47.52	-15.08	-7.18	-22.6	24.37

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