Drake and Scull International P.J.S.C. (DFM:DSI)

DFM:DSI Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	3,755	-366.87	-224.4	27.78
Depreciation & Amortization	0.83	1.12	7.79	7.7
Loss (Gain) From Sale of Assets	-	78.38	2.4	-0.02
Asset Writedown & Restructuring Costs	-3,793	-	0.09	1.03
Loss (Gain) From Sale of Investments	-0.37	-0.01	-0.01	0.08
Provision & Write-off of Bad Debts	0.4	24.73	2.44	3.35
Other Operating Activities	-48.88	269.04	169.32	-73.07
Change in Accounts Receivable	-24.84	51.35	48.49	54.74
Change in Accounts Payable	-47.97	-98.7	-71.7	-84.5
Change in Other Net Operating Assets	14.51	-9.41	0.86	14.12
Operating Cash Flow	-126.89	-123.46	-68.56	-48.9
Capital Expenditures	-0.28	-0.1	-0.64	-0.76
Sale of Property, Plant & Equipment	-	-	19.28	9.18
Investment in Securities	-180.03	-	-	-
Other Investing Activities	10.44	0.65	0.84	0.43
Investing Cash Flow	-169.87	0.56	19.48	8.84
Short-Term Debt Issued	-	-	30.5	36.98
Long-Term Debt Issued	-	-	-	0.12
Total Debt Issued	-	-	30.5	37.1
Long-Term Debt Repaid	-1.19	-20.75	-1.66	-
Total Debt Repaid	-1.19	-20.75	-1.66	-
Net Debt Issued (Repaid)	-1.19	-20.75	28.84	37.1
Issuance of Common Stock	453.93	-	-	-
Repurchase of Common Stock	-0.43	-	-	-
Other Financing Activities	-0.06	-0.8	0.36	-1.11
Financing Cash Flow	452.25	-21.55	29.21	35.98
Foreign Exchange Rate Adjustments	0.56	1.41	19.3	-4.32
Miscellaneous Cash Flow Adjustments	465.1	-	-	-
Net Cash Flow	621.15	-143.04	-0.58	-8.39
Free Cash Flow	-127.16	-123.55	-69.2	-49.66
Free Cash Flow Margin	-122.66%	-143.19%	-85.36%	-33.03%
Free Cash Flow Per Share	-0.03	-0.12	-0.07	-0.05
Cash Interest Paid	0.06	0.8	-	-
Cash Income Tax Paid	-	-	-	0.1
Levered Free Cash Flow	-2,217	1,428	-54.15	-210.89
Unlevered Free Cash Flow	-2,215	1,522	14.28	-160.8
Change in Working Capital	-58.3	-56.75	-22.35	-15.65

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