DFM:DTC Cash Flow Statement

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

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	349.6	331.28	345.33	224.38	149.51	-145.42
Depreciation & Amortization	203.21	172.42	136.46	98.23	96.81	136.17
Other Amortization	0.63	0.63	0.16	-	-	-
Loss (Gain) From Sale of Assets	-0.16	-11.93	-6.55	-1.46	0.22	-0.34
Loss (Gain) From Sale of Investments	0.37	-2.51	43.45	11.8	20.57	36.15
Other Operating Activities	0.82	22.26	-5.88	-4.14	-4.9	-5.73
Change in Accounts Receivable	-98.56	-44.78	-109.7	-61.36	-37.83	-59.28
Change in Inventory	0.48	0.3	-0.07	1.34	-0.75	0.41
Change in Accounts Payable	-87.25	-9.48	31.81	102.75	46.6	23.59
Change in Other Net Operating Assets	245.49	210.09	-699	85.79	-153.31	-46.83
Operating Cash Flow	615.56	668.29	-264	457.31	116.91	-61.29
Operating Cash Flow Growth	105.62%	-	-	291.15%	-	-
Capital Expenditures	-262.13	-297.61	-358.38	-284.04	-92.2	-101.71
Sale of Property, Plant & Equipment	34.37	96.84	34.4	30.03	24.85	12.15
Sale (Purchase) of Intangibles	-200.51	-247.18	-	-	-	-
Investment in Securities	-40.5	34.96	173.4	-201.22	94.84	22.2
Other Investing Activities	14.85	15.43	12.37	0.91	6.28	7.27
Investing Cash Flow	-453.91	-397.56	-138.21	-454.33	33.78	-60.09
Long-Term Debt Issued	-	-	1,000	-	-	-
Short-Term Debt Repaid	-	-	-282.86	-	-	-
Long-Term Debt Repaid	-	-	-	-	-4.42	-3.68
Total Debt Repaid	-0.66	-	-282.86	-	-4.42	-3.68
Net Debt Issued (Repaid)	-0.66	-	717.14	-	-4.42	-3.68
Repurchase of Common Stock	-	-	-101.29	-	-	-
Common Dividends Paid	-283	-230.25	-150	-	-	-
Other Financing Activities	-	-	-3.15	-	-	-
Financing Cash Flow	-283.66	-230.25	462.7	-	-4.42	-3.68
Net Cash Flow	-122.01	40.48	60.49	2.98	146.27	-125.06
Free Cash Flow	353.43	370.68	-622.38	173.27	24.72	-162.99
Free Cash Flow Growth	-	-	-	600.96%	-	-
Free Cash Flow Margin	14.74%	16.88%	-31.86%	9.85%	1.84%	-18.49%
Free Cash Flow Per Share	0.14	0.15	-0.25	0.07	-	-
Cash Interest Paid	52.03	60.68	15.35	-	-	-
Levered Free Cash Flow	-39.1	-142.2	-819.1	298.61	88.21	-252.37
Unlevered Free Cash Flow	-6.62	-104.7	-809.25	298.64	88.45	-252.03
Change in Working Capital	60.16	156.14	-776.96	128.51	-145.29	-82.12

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