A Capital Holding Cash Flow Statement

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

Millions EGP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	724.48	160.43	58.35
Depreciation & Amortization	59.4	36.25	34.63
Other Amortization	2.09	2.22	0.81
Gain (Loss) on Sale of Assets	-	-0.85	-
Change in Accounts Receivable	-187.92	-54.93	103.69
Change in Accounts Payable	132.67	-41.1	322.99
Change in Other Net Operating Assets	1,903	1,293	216.24
Other Operating Activities	204.1	14.77	111.17
Operating Cash Flow	2,295	708.46	112.05
Operating Cash Flow Growth	224.01%	532.26%	-
Acquisition of Real Estate Assets	-2,193	-684.77	-73.25
Sale of Real Estate Assets	-	2.73	-
Net Sale / Acq. of Real Estate Assets	-2,193	-682.03	-73.25
Investment in Marketable & Equity Securities	-0	0.01	-
Other Investing Activities	74.33	62.09	-
Investing Cash Flow	-2,118	-620.02	-81.79
Short-Term Debt Issued	-	34.57	-
Long-Term Debt Issued	774.6	468.71	-
Total Debt Issued	774.6	503.28	214.61
Short-Term Debt Repaid	-13.9	-	-
Long-Term Debt Repaid	-364.93	-86.64	-
Total Debt Repaid	-378.83	-86.64	-47.12
Net Debt Issued (Repaid)	395.77	416.64	167.48
Repurchase of Common Stock	-294.04	-146.04	-
Common Dividends Paid	-88.35	-	-
Other Financing Activities	-67.42	-80.92	-
Foreign Exchange Rate Adjustments	-18.01	173.79	-
Miscellaneous Cash Flow Adjustments	10.2	-6.57	-
Net Cash Flow	115.15	445.35	197.74
Cash Income Tax Paid	54.66	17.64	3.31
Levered Free Cash Flow	1,717	1,523	-
Unlevered Free Cash Flow	1,759	1,574	-
Change in Working Capital	1,315	515.12	-92.9

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