Dubai Residential REIT 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
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	2,192	3,022	2,662	2,373	2,600
Depreciation & Amortization	1.75	2.26	2.53	3.57	4.07
Other Amortization	-	-	1.53	0.56	0.7
Gain (Loss) on Sale of Assets	-	-	0.04	-	-
Asset Writedown	-819.06	-1,743	-1,546	-2,423	-1,820
Change in Accounts Receivable	-36.81	-45.68	-9.83	26.05	7.44
Change in Accounts Payable	-21.72	-20.52	61.25	6.8	78.24
Change in Other Net Operating Assets	69.59	-569.97	2,553	-536.41	-1,097
Other Operating Activities	69.94	71.75	41.26	1,078	72.01
Operating Cash Flow	1,458	724.8	3,773	550.99	-117.76
Operating Cash Flow Growth	101.11%	-80.79%	584.86%	-	-
Acquisition of Real Estate Assets	-1,234	-135.15	-186.58	-188.34	-224.98
Sale of Real Estate Assets	-	-	1.27	-	-
Net Sale / Acq. of Real Estate Assets	-1,234	-135.15	-185.31	-188.34	-224.98
Investment in Marketable & Equity Securities	-	831.64	-506.64	-304.25	148.06
Other Investing Activities	3.76	15.47	40.73	25.52	9.24
Investing Cash Flow	-1,230	711.96	-653.22	-468.51	-68.34
Long-Term Debt Issued	-	-	2,600	-	-
Long-Term Debt Repaid	-	-1,000	-1,360	-80	-160
Net Debt Issued (Repaid)	850	-1,000	1,240	-80	-160
Common Dividends Paid	-1,100	-550	-1,221	-	-
Other Financing Activities	-69.98	-86.62	-2,225	-428.1	311.62
Net Cash Flow	-92.73	-199.86	914.43	-425.63	-34.48
Levered Free Cash Flow	947.23	199.74	3,397	1,137	-
Unlevered Free Cash Flow	1,004	259.72	3,471	1,208	-
Cash Interest Paid	69.98	86.62	72.78	74.11	81.23
Change in Working Capital	11.06	-636.17	2,604	-503.56	-1,011