Arab Developers Holding Cash Flow Statement

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

Millions EGP. 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	28.13	92.47	98.47	-17.31	91.63	25.01
Depreciation & Amortization	30.68	36.16	50.35	45.38	37.97	16.08
Loss (Gain) From Sale of Assets	-3	-	-	-	-0	0.04
Asset Writedown & Restructuring Costs	2.26	2.26	-	-	-	-
Loss (Gain) From Sale of Investments	40	80	-	-	-	-
Provision & Write-off of Bad Debts	6.71	15.07	1.85	9.18	21.95	-
Other Operating Activities	145.57	166.98	93.26	7.23	64.26	-2.89
Change in Accounts Receivable	-101.03	-457.84	-597.53	91.27	-47.11	-39.45
Change in Inventory	-869.96	-1,099	-381.48	-446.06	-88.15	-31.44
Change in Accounts Payable	322.58	488.54	35.28	140.06	-202.69	166.84
Change in Other Net Operating Assets	-38.36	401.59	484.42	-214.81	-102	-205.99
Operating Cash Flow	-436.42	-273.49	-215.37	-385.06	-224.16	-71.8
Capital Expenditures	-41.33	-20.38	-4.81	-5.34	-10.53	-10.19
Sale of Property, Plant & Equipment	3	-	-	-	0.12	-
Sale (Purchase) of Intangibles	-	-	-0.56	-	-	-
Sale (Purchase) of Real Estate	-	-	0.79	-	-	-
Investment in Securities	-	-	-	-	-	0
Investing Cash Flow	-38.33	-20.38	-4.59	-5.34	-10.41	-10.19
Long-Term Debt Issued	-	-	148.95	332.1	238.22	140.95
Total Debt Issued	67.69	-	148.95	332.1	238.22	140.95
Long-Term Debt Repaid	-	-54.83	-38.98	-	-25.39	-
Net Debt Issued (Repaid)	9.28	-54.83	109.97	332.1	212.83	140.95
Issuance of Common Stock	617.91	-	0.64	-	-	-
Repurchase of Common Stock	-	-	-	-0.36	-	-
Common Dividends Paid	-	-	-8.05	-	-	-12.88
Other Financing Activities	-101.91	-36.73	-10.56	102.35	21.44	-1.65
Financing Cash Flow	525.27	-91.57	92.01	434.09	234.27	126.43
Foreign Exchange Rate Adjustments	34.82	446.99	128.45	-	-	-
Miscellaneous Cash Flow Adjustments	-31.17	-31.17	-	-	-	-
Net Cash Flow	54.17	30.38	0.49	43.69	-0.3	44.43
Free Cash Flow	-477.76	-293.88	-220.19	-390.4	-234.69	-82
Free Cash Flow Margin	-33.56%	-17.88%	-17.41%	-45.97%	-21.22%	-9.50%
Free Cash Flow Per Share	-0.05	-0.04	-0.03	-0.05	-0.03	-0.01
Cash Interest Paid	-	-	-	33.64	-	-
Cash Income Tax Paid	63.59	15.22	2.9	34.68	10.56	23.84
Levered Free Cash Flow	-1,031	-1,052	-342.69	-590.86	-124.74	-252.89
Unlevered Free Cash Flow	-953.93	-1,021	-320.63	-566.71	-102.85	-233.21
Change in Working Capital	-686.78	-666.43	-459.31	-429.54	-439.96	-110.04

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.