Salik Company P.J.S.C. 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	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	1,552	1,553	1,165	1,098	1,326	1,381
Depreciation & Amortization	144.13	144.11	90.8	82.97	44.15	6
Other Amortization	0.75	0.66	0.3	-	-	-
Asset Writedown & Restructuring Costs	-	-	-	0.08	-	-
Provision & Write-off of Bad Debts	33.68	36.81	13.99	34.41	26.61	26.28
Other Operating Activities	288.7	299.8	324.27	209.04	63.16	0.25
Change in Accounts Receivable	3.89	-11.07	-82.78	167.22	-199.09	-109.25
Change in Inventory	-13.7	-13.52	-11.34	5.97	4.51	3.48
Change in Accounts Payable	-15.73	-17	29.77	10.44	58.09	-97.54
Change in Unearned Revenue	4.98	43.04	29.2	15.53	24.19	24.15
Change in Other Net Operating Assets	93.58	46.28	-95.63	-169.41	168.36	-
Operating Cash Flow	2,092	2,082	1,463	1,454	1,516	1,234
Operating Cash Flow Growth	20.51%	42.33%	0.61%	-4.05%	22.83%	4.41%
Capital Expenditures	-1.17	-1.17	-2.9	-4.6	-3.16	-1.21
Sale (Purchase) of Intangibles	-1.74	-1.74	-3	-	-4,000	-
Investment in Securities	500.46	-502.21	750	-750	-	-
Other Investing Activities	26.48	23.61	57.21	19.34	3	-
Investing Cash Flow	524.02	-481.51	801.31	-735.26	-4,000	-1.21
Long-Term Debt Issued	-	-	-	-	3,986	-
Long-Term Debt Repaid	-	-351.03	-218.56	-0.16	-	-
Net Debt Issued (Repaid)	-351.29	-351.03	-218.56	-0.16	3,986	-
Issuance of Common Stock	-	-	-	-	221.48	-
Common Dividends Paid	-1,391	-1,391	-1,095	-1,039	-826.71	-1,233
Other Financing Activities	-304.11	-309.94	-253.62	-235.99	-73.12	-
Financing Cash Flow	-2,046	-2,052	-1,567	-1,275	3,307	-1,233
Net Cash Flow	570.22	-450.71	697.51	-556.53	822.71	-
Free Cash Flow	2,091	2,081	1,460	1,450	1,512	1,233
Free Cash Flow Growth	20.65%	42.53%	0.73%	-4.16%	22.69%	4.56%
Free Cash Flow Margin	68.02%	67.21%	63.71%	68.75%	79.93%	72.80%
Free Cash Flow Per Share	0.28	0.28	0.20	0.19	0.20	0.16
Cash Interest Paid	0.36	0.39	0.45	0.29	-	-
Cash Income Tax Paid	147.18	147.18	-	-	-	-
Levered Free Cash Flow	1,359	1,332	1,199	789.05	-3,068	710.5
Unlevered Free Cash Flow	1,548	1,527	1,359	938.45	-3,023	710.5
Change in Working Capital	73.02	47.74	-130.77	29.74	56.06	-179.15

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