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Emaar Development PJSC (DFM:EMAARDEV)
United Arab Emirates flag United Arab Emirates · Delayed Price · Currency is AED
12.76
-0.22 (-1.69%)
Aug 27, 2026, 2:55 PM GST

Emaar Development PJSC Cash Flow Statement

Millions AED. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
13,12211,3167,6336,6293,8083,244
Depreciation & Amortization
11.1113.688.4612.529.6312.4
Loss (Gain) on Equity Investments
-1,307-716.85-194.17-123.61-174.37-234.88
Other Operating Activities
3,1522,8611,7851,346408.361,131
Change in Accounts Receivable
2,2554,111731.493,591-600.22-4,839
Change in Inventory
-5,722-4,380-4,053-1,616321.613,290
Change in Accounts Payable
2,8122,993-95.06-3,344-422.68706.91
Change in Unearned Revenue
4,8096,3246,4943,0895,1621,732
Change in Other Net Operating Assets
-2,148-1,473-1,358180.59103.32-845.32
Operating Cash Flow
16,98321,05010,9519,7658,6164,197
Operating Cash Flow Growth
-11.50%92.21%12.15%13.33%105.28%879.91%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-8.92-7.52-5-6.14-0.35-0.24
Sale (Purchase) of Real Estate
---0.6---
Investment in Securities
-4,841-1,505----
Other Investing Activities
1,4671,311990.081,178232.0752.61
Investing Cash Flow
-3,383-201.62984.481,172231.7252.36

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Short-Term Debt Issued
-1,7508,4465,256--
Long-Term Debt Issued
---850.094,557600
Total Debt Issued
1,7501,7508,4466,1064,557600
Short-Term Debt Repaid
--1,750-10,356-5,931--
Long-Term Debt Repaid
----1,700-6,880-1,096
Total Debt Repaid
-1,750-1,750-10,356-7,631-6,880-1,096
Net Debt Issued (Repaid)
---1,910-1,525-2,324-495.86
Common Dividends Paid
-4,000-2,720-2,082-2,081--
Other Financing Activities
-872.28-1,893-2,796-230.2-809.25-1,456
Financing Cash Flow
-4,872-4,613-6,788-3,836-3,133-1,952

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Cash Flow
8,72816,2355,1487,1015,7152,297

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
16,97421,04210,9469,7598,6164,197
Free Cash Flow Growth
-11.51%92.23%12.16%13.27%105.28%881.34%
Free Cash Flow Margin
54.95%76.56%57.17%81.86%74.66%26.90%
Free Cash Flow Per Share
4.245.262.742.442.151.05
Levered Free Cash Flow
4,2146,470-2,5253,2763,0605,188
Unlevered Free Cash Flow
4,2206,480-2,3733,3513,1695,247

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
72.2889.57335.71226.3200.35139.56
Cash Income Tax Paid
143.2143.2----
Change in Working Capital
2,0067,5761,7191,9014,56444.46