Deyaar Development 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	553.96	474.02	440.71	144.24	50.8	-216.92
Depreciation & Amortization	25.07	21.99	17.11	16.72	13.53	22.24
Asset Writedown & Restructuring Costs	-7.41	-	-159.45	-	-7.66	205.39
Loss (Gain) on Equity Investments	-115.33	-157.89	-61.81	-44.1	-54.34	-24.74
Provision & Write-off of Bad Debts	-0.42	6.51	3.54	0.35	-0.84	-3.04
Other Operating Activities	20.06	33.55	-13.88	28.22	46.66	72.58
Change in Accounts Receivable	-525.92	-161.95	-239.52	-51.12	-164.46	353.81
Change in Inventory	21.36	124.59	423.62	63.62	-16.06	-144.94
Change in Accounts Payable	157.21	-95.05	126.01	48.69	66.85	18.55
Change in Other Net Operating Assets	246.74	333.79	152.27	110.49	160.06	-161.77
Operating Cash Flow	375.33	579.57	688.61	317.12	94.53	121.16
Operating Cash Flow Growth	-57.79%	-15.83%	117.14%	235.47%	-21.98%	-
Capital Expenditures	-3.45	-9.06	-7.53	-6.06	-1.61	-4.4
Sale (Purchase) of Real Estate	-8.89	-8.6	-0.72	-1.36	-1.13	-3.17
Investment in Securities	362	261.23	-55	-148.55	38.22	28.87
Other Investing Activities	125.99	86.45	17.85	23.47	11.92	5.52
Investing Cash Flow	475.65	330.03	-45.4	-132.49	47.4	26.83
Long-Term Debt Issued	-	3.3	104.51	416.19	626.41	112.5
Long-Term Debt Repaid	-	-172.32	-397.7	-273.87	-657.72	-267.3
Net Debt Issued (Repaid)	-101.52	-169.02	-293.19	142.32	-31.32	-154.81
Other Financing Activities	-34.28	-45.38	-62.18	-29.93	-32.9	-36.56
Financing Cash Flow	-179.56	-214.41	-355.37	112.4	-64.22	-191.36
Miscellaneous Cash Flow Adjustments	-	-	-	-0.07	0.01	-0.33
Net Cash Flow	671.42	695.2	287.84	296.96	77.72	-43.71
Free Cash Flow	371.88	570.52	681.08	311.07	92.92	116.76
Free Cash Flow Growth	-57.31%	-16.23%	118.95%	234.77%	-20.42%	-
Free Cash Flow Margin	19.38%	37.71%	54.30%	38.72%	18.70%	28.28%
Free Cash Flow Per Share	0.09	0.13	0.16	0.07	0.02	0.03
Cash Interest Paid	34.28	45.38	62.18	29.93	32.9	36.56
Levered Free Cash Flow	427.64	443.49	553.78	359.99	14.27	295.79
Unlevered Free Cash Flow	449.6	470.35	591.16	382.54	34.22	318.84
Change in Working Capital	-100.62	201.39	462.37	171.69	46.38	65.65

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