DFM:DNIR Cash Flow Statement

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	58.72	53.62	53.54	47.12	43.73	58.84
Depreciation & Amortization	1.7	1.61	1.21	0.67	0.24	0.29
Gain (Loss) on Sale of Assets	-	-	-	-0.05	-	-0.16
Change in Accounts Receivable	-	-	-	-	-	4.29
Reinsurance Recoverable	265.92	240.47	-570.91	13.06	-7.2	24.11
Change in Insurance Reserves / Liabilities	-220	-136.89	592.71	-23.2	15.58	-25.3
Change in Other Net Operating Assets	-8.61	-6.81	0.17	-20.34	42.83	2.36
Other Operating Activities	-40.14	-40.37	-43.42	-31.74	-28.33	-31.06
Operating Cash Flow	47.68	101.7	16.52	-19.92	58.27	32.77
Operating Cash Flow Growth	191.13%	515.50%	-	-	77.81%	-
Capital Expenditures	-13.65	-10.68	-14.93	-3.29	-2.16	-0.26
Sale of Property, Plant & Equipment	-	-	-	0.06	-	0.24
Investment in Securities	-68.03	3.3	120.58	-3.18	-35.12	-31.24
Other Investing Activities	43.39	44.22	45.04	32.57	26.35	28.06
Investing Cash Flow	-38.28	36.85	150.49	25.25	-13.45	-3.2
Common Dividends Paid	-17.33	-17.33	-11.55	-11.55	-34.65	-34.65
Financing Cash Flow	-17.33	-17.33	-11.55	-11.55	-34.65	-34.65
Net Cash Flow	-7.93	121.22	155.46	-6.22	10.17	-5.08
Free Cash Flow	34.03	91.02	1.59	-23.21	56.11	32.51
Free Cash Flow Growth	2755.20%	5624.40%	-	-	72.57%	-
Free Cash Flow Margin	9.04%	25.55%	0.50%	-9.26%	31.23%	21.25%
Free Cash Flow Per Share	0.29	0.79	0.01	-0.20	0.49	0.28
Levered Free Cash Flow	-	118.61	42.02	-2.08	64.93	474.21
Unlevered Free Cash Flow	-	118.61	42.02	-2.08	64.93	474.21
Change in Working Capital	37.32	96.77	21.97	-30.48	51.22	5.45