Ithmaar Holding B.S.C. Cash Flow Statement

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

Millions USD. 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	12.41	10.46	-9.31	-38.39	38.6	-41.72
Depreciation & Amortization	27.29	22.13	19.33	22.67	16.66	25.42
Gain (Loss) on Sale of Assets	-0.19	-0.16	-0.08	-0.26	-1.58	0.13
Gain (Loss) on Sale of Investments	-0.14	-0.14	3.95	2.89	4.67	19.06
Total Asset Writedown	-14.25	10.91	0.2	7.93	-58.41	-33.08
Provision for Credit Losses	28.31	29.91	14.5	8.82	23.62	52.56
Change in Other Net Operating Assets	-374.53	247.26	314.58	-62.73	328.59	424.14
Other Operating Activities	-365.24	-418.59	-331.42	-216.48	-125.46	-125.28
Net Cash from Discontinued Operations	-	-	-	-15.59	29.72	-
Operating Cash Flow	-679.7	-91.29	14.18	-291.14	265	297.46
Operating Cash Flow Growth	-	-	-	-	-10.91%	-
Capital Expenditures	-58.82	-77	-33.53	-	-45.77	-10.23
Sale of Property, Plant and Equipment	-0.22	-	-	8.64	-	7.26
Investment in Securities	233.36	124.9	-188.16	-104.63	-456.85	-515.55
Income (Loss) Equity Investments	6.65	6.93	2.43	-	8.6	-23.78
Other Investing Activities	-	-	-	20.71	20.14	28.65
Investing Cash Flow	174.33	47.91	-221.68	-75.28	-480.35	-490.78
Long-Term Debt Repaid	-	-13.02	-11.03	-14.63	-16.42	-
Net Debt Issued (Repaid)	-13.98	-13.02	-11.03	-14.63	-16.42	-
Net Increase (Decrease) in Deposit Accounts	511.89	236.63	220.74	177.38	147.88	125.58
Financing Cash Flow	497.92	223.61	209.71	162.76	131.46	125.58
Foreign Exchange Rate Adjustments	-9.27	0.43	-9.33	-75.93	-48.87	-28.64
Net Cash Flow	-16.73	180.66	-7.12	-279.59	-132.76	-96.39
Free Cash Flow	-738.52	-168.28	-19.35	-291.14	219.23	287.23
Free Cash Flow Growth	-	-	-	-	-23.67%	-
Free Cash Flow Margin	-166.04%	-40.46%	-5.73%	-94.98%	69.80%	91.57%
Free Cash Flow Per Share	-0.25	-0.06	-0.01	-0.10	0.07	0.10
Cash Income Tax Paid	106.39	58.71	62.79	53.52	42.32	15.16

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