Dubai Financial Market P.J.S.C. (DFM:DFM)

DFM:DFM Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	949.34	376.71	329.4	147.11	103.84	137.9
Depreciation & Amortization	72.79	74.68	77.42	78.29	79.68	79.64
Loss (Gain) From Sale of Investments	-8.79	-18.52	-8.64	-	-	-
Other Operating Activities	-210.81	-225.61	-190.67	-95.07	-81.22	-104.37
Change in Accounts Payable	233.93	212.25	71.82	-293.93	238.16	239.46
Change in Other Net Operating Assets	1.6	2.79	-1.9	4.98	-2.14	40.76
Operating Cash Flow	570.94	422.3	277.44	-158.62	338.32	393.39
Operating Cash Flow Growth	-7.26%	52.22%	-	-	-14.00%	164.36%
Capital Expenditures	-10.06	-6.57	-16.31	-8.22	-6.57	-30.15
Investment in Securities	-622.07	-271.31	-565.39	651.25	-206.69	-78.06
Other Investing Activities	264.99	252.07	144	74.93	89.42	137.38
Investing Cash Flow	-225.1	-25.8	-437.71	717.97	-123.83	29.17
Long-Term Debt Repaid	-	-9.34	-10.55	-9.07	-9.67	-14.18
Net Debt Issued (Repaid)	-7.91	-9.34	-10.55	-9.07	-9.67	-14.18
Common Dividends Paid	-255.85	-279.84	-137.66	-339.87	-366.5	-196.81
Financing Cash Flow	-263.76	-289.19	-148.21	-348.94	-376.17	-210.99
Net Cash Flow	82.09	107.31	-308.48	210.41	-161.69	211.57
Free Cash Flow	560.89	415.73	261.12	-166.83	331.75	363.25
Free Cash Flow Growth	-10.02%	59.21%	-	-	-8.67%	193.43%
Free Cash Flow Margin	68.97%	65.74%	47.70%	-47.04%	111.30%	103.24%
Free Cash Flow Per Share	0.07	0.05	0.03	-0.02	0.04	0.04
Levered Free Cash Flow	486.82	566.16	288.88	-279.66	51.12	385.06
Unlevered Free Cash Flow	487.44	567	288.95	-279.01	52.93	387.21
Change in Working Capital	235.53	215.04	69.92	-288.95	236.02	280.22

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