Deyaar Development 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	607.54	474.02	440.71	144.24	50.8
Depreciation & Amortization	25.15	20.86	17.11	16.72	13.53
Loss (Gain) From Sale of Assets	0	0.4	-	-	-
Asset Writedown & Restructuring Costs	-54.34	1.13	-159.45	-	-7.66
Loss (Gain) on Equity Investments	-199.1	-157.89	-61.81	-44.1	-54.34
Provision & Write-off of Bad Debts	81.02	6.51	3.54	0.35	-0.84
Other Operating Activities	28.64	33.55	-13.88	28.22	46.66
Change in Accounts Receivable	-559.79	-161.95	-239.52	-51.12	-164.46
Change in Inventory	-3.53	124.59	423.62	63.62	-16.06
Change in Accounts Payable	403.29	71.44	126.01	48.69	66.85
Change in Other Net Operating Assets	398.02	333.79	152.27	110.49	160.06
Operating Cash Flow	726.9	746.46	688.61	317.12	94.53
Operating Cash Flow Growth	-2.62%	8.40%	117.14%	235.47%	-21.98%
Capital Expenditures	-10.21	-9.46	-7.53	-6.06	-1.61
Sale (Purchase) of Real Estate	-0.92	-8.6	-0.72	-1.36	-1.13
Investment in Securities	124.9	247.04	-55	-148.55	38.22
Other Investing Activities	117.11	90.14	17.85	23.47	11.92
Investing Cash Flow	230.88	319.13	-45.4	-132.49	47.4
Long-Term Debt Issued	24.32	3.3	104.51	416.19	626.41
Long-Term Debt Repaid	-116.49	-178.32	-397.7	-273.87	-657.72
Net Debt Issued (Repaid)	-92.17	-175.03	-293.19	142.32	-31.32
Common Dividends Paid	-218.79	-175.03	-	-	-
Other Financing Activities	-56.42	-45.38	-62.18	-29.93	-32.9
Financing Cash Flow	-367.38	-395.44	-355.37	112.4	-64.22
Miscellaneous Cash Flow Adjustments	-	-	-	-0.07	0.01
Net Cash Flow	590.4	670.14	287.84	296.96	77.72
Free Cash Flow	716.69	737	681.08	311.07	92.92
Free Cash Flow Growth	-2.76%	8.21%	118.95%	234.77%	-20.42%
Free Cash Flow Margin	36.34%	48.72%	54.30%	38.72%	18.70%
Free Cash Flow Per Share	0.16	0.17	0.16	0.07	0.02
Cash Interest Paid	56.42	45.38	62.18	29.93	32.9
Cash Income Tax Paid	6.69	-	-	-	-
Levered Free Cash Flow	750.36	401.92	553.78	359.99	14.27
Unlevered Free Cash Flow	786.46	428.78	591.16	382.54	34.22
Change in Working Capital	238	367.88	462.37	171.69	46.38

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.