DFM:DTC 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	356.07	331.28	345.33	224.38	149.51
Depreciation & Amortization	209.07	172.42	136.46	98.23	96.81
Other Amortization	0.63	0.63	0.16	-	-
Loss (Gain) From Sale of Assets	-1.07	-11.93	-6.55	-1.46	0.22
Asset Writedown & Restructuring Costs	0.07	-	-	-	-
Loss (Gain) From Sale of Investments	0.89	-2.51	43.45	11.8	20.57
Other Operating Activities	4.94	22.26	-5.88	-4.14	-4.9
Change in Accounts Receivable	18.03	-44.78	-109.7	-61.36	-37.83
Change in Inventory	-0.91	0.3	-0.07	1.34	-0.75
Change in Accounts Payable	-35.95	-9.48	31.81	102.75	46.6
Change in Other Net Operating Assets	38	210.09	-699	85.79	-153.31
Operating Cash Flow	589.77	668.29	-264	457.31	116.91
Operating Cash Flow Growth	-11.75%	-	-	291.15%	-
Capital Expenditures	-272.82	-297.61	-358.38	-284.04	-92.2
Sale of Property, Plant & Equipment	36.76	96.84	34.4	30.03	24.85
Sale (Purchase) of Intangibles	-86.38	-247.18	-	-	-
Investment in Securities	-71.5	34.96	173.4	-201.22	94.84
Other Investing Activities	11.84	15.43	12.37	0.91	6.28
Investing Cash Flow	-382.09	-397.56	-138.21	-454.33	33.78
Long-Term Debt Issued	-	-	1,000	-	-
Short-Term Debt Repaid	-	-	-282.86	-	-
Long-Term Debt Repaid	-0.88	-	-	-	-4.42
Total Debt Repaid	-0.88	-	-282.86	-	-4.42
Net Debt Issued (Repaid)	-0.88	-	717.14	-	-4.42
Repurchase of Common Stock	-	-	-101.29	-	-
Common Dividends Paid	-283	-230.25	-150	-	-
Other Financing Activities	-	-	-3.15	-	-
Financing Cash Flow	-283.88	-230.25	462.7	-	-4.42
Net Cash Flow	-76.2	40.48	60.49	2.98	146.27
Free Cash Flow	316.95	370.68	-622.38	173.27	24.72
Free Cash Flow Growth	-14.50%	-	-	600.96%	-
Free Cash Flow Margin	12.81%	16.88%	-31.86%	9.85%	1.84%
Free Cash Flow Per Share	0.13	0.15	-0.25	0.07	-
Cash Interest Paid	50.71	60.68	15.35	-	-
Cash Income Tax Paid	34.66	-	-	-	-
Levered Free Cash Flow	140.46	-142.2	-819.1	298.61	88.21
Unlevered Free Cash Flow	172.08	-104.7	-809.25	298.64	88.45
Change in Working Capital	19.17	156.14	-776.96	128.51	-145.29

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