Beltone Holding S.A.E 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	2,063	1,702	369.22	-268.98	-169.76	-132.42
Depreciation & Amortization, Total	160.11	76.58	18.68	14.91	15.32	11.73
Gain (Loss) On Sale of Investments	-239.18	-145.95	-0.83	3.64	-1.41	7.71
Stock-Based Compensation	-	-	-	5.46	-	-
Change in Accounts Receivable	-17,199	-13,526	-11,688	-108.61	-219.06	-326.93
Change in Accounts Payable	2,229	512.02	3.82	72.66	-	-
Change in Other Net Operating Assets	-299.71	237.14	9.24	-0.8	241.23	-53.96
Other Operating Activities	591.4	810.86	119.98	15.46	-8.97	104.75
Operating Cash Flow	-13,101	-10,414	-11,108	-146.7	44.99	-369.18
Capital Expenditures	-719.49	-1,077	-485.56	-28.76	-12.14	-7.64
Cash Acquisitions	-	-	-318.42	-	-3.75	-
Sale (Purchase) of Intangibles	-65.69	-65.69	-	-	-	-
Investment in Securities	-153.39	18.86	-90.82	-22.6	-6.77	12.35
Other Investing Activities	1.35	15.58	12.93	7.29	9.38	52.25
Investing Cash Flow	-939.9	-1,103	-875.04	-43.48	-11.28	57.27
Long-Term Debt Issued	-	11,848	4,805	1,400	513.4	220.19
Total Debt Issued	27,886	11,848	4,805	1,400	513.4	220.19
Short-Term Debt Repaid	-	-	-	-	-16.51	-8.32
Long-Term Debt Repaid	-	-124.43	-1,356	-6.58	-6.2	-0.6
Total Debt Repaid	-13,219	-124.43	-1,356	-6.58	-22.7	-8.93
Net Debt Issued (Repaid)	14,668	11,724	3,448	1,393	490.69	211.26
Issuance of Common Stock	9,609	-	9,843	2.11	-	166.55
Common Dividends Paid	-74.07	-	-	-	-	-
Other Financing Activities	-	-	-	-	-1.71	-0.7
Financing Cash Flow	24,202	11,724	13,292	1,396	488.98	377.11
Foreign Exchange Rate Adjustments	-30.2	-35.84	14.18	18.49	0.01	-2.47
Net Cash Flow	10,131	171.11	1,323	1,224	522.7	62.72
Free Cash Flow	-13,821	-11,492	-11,593	-175.46	32.85	-376.82
Free Cash Flow Margin	-204.63%	-256.71%	-809.53%	-77.13%	11.99%	-161.71%
Free Cash Flow Per Share	-1.75	-2.10	-4.26	-0.39	0.08	-0.96
Cash Interest Paid	5,008	2,540	420.81	114.85	79.75	44.4
Cash Income Tax Paid	463.73	135.32	3.26	17.03	20.09	14.89

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