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	2015 - 2019
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	2015 - 2019
Net Income	2,063	1,702	369.22	-268.98	-169.76	-132.42	Upgrade
Depreciation & Amortization, Total	160.11	76.58	18.68	14.91	15.32	11.73	Upgrade
Gain (Loss) On Sale of Investments	-239.18	-145.95	-0.83	3.64	-1.41	7.71	Upgrade
Stock-Based Compensation	-	-	-	5.46	-	-	Upgrade
Change in Accounts Receivable	-17,199	-13,526	-11,688	-108.61	-219.06	-326.93	Upgrade
Change in Accounts Payable	2,229	512.02	3.82	72.66	-	-	Upgrade
Change in Other Net Operating Assets	-299.71	237.14	9.24	-0.8	241.23	-53.96	Upgrade
Other Operating Activities	591.4	810.86	119.98	15.46	-8.97	104.75	Upgrade
Operating Cash Flow	-13,101	-10,414	-11,108	-146.7	44.99	-369.18	Upgrade
Capital Expenditures	-719.49	-1,077	-485.56	-28.76	-12.14	-7.64	Upgrade
Cash Acquisitions	-	-	-318.42	-	-3.75	-	Upgrade
Sale (Purchase) of Intangibles	-65.69	-65.69	-	-	-	-	Upgrade
Investment in Securities	-153.39	18.86	-90.82	-22.6	-6.77	12.35	Upgrade
Other Investing Activities	1.35	15.58	12.93	7.29	9.38	52.25	Upgrade
Investing Cash Flow	-939.9	-1,103	-875.04	-43.48	-11.28	57.27	Upgrade
Long-Term Debt Issued	-	11,848	4,805	1,400	513.4	220.19	Upgrade
Total Debt Issued	27,886	11,848	4,805	1,400	513.4	220.19	Upgrade
Short-Term Debt Repaid	-	-	-	-	-16.51	-8.32	Upgrade
Long-Term Debt Repaid	-	-124.43	-1,356	-6.58	-6.2	-0.6	Upgrade
Total Debt Repaid	-13,219	-124.43	-1,356	-6.58	-22.7	-8.93	Upgrade
Net Debt Issued (Repaid)	14,668	11,724	3,448	1,393	490.69	211.26	Upgrade
Issuance of Common Stock	9,609	-	9,843	2.11	-	166.55	Upgrade
Common Dividends Paid	-74.07	-	-	-	-	-	Upgrade
Other Financing Activities	-	-	-	-	-1.71	-0.7	Upgrade
Financing Cash Flow	24,202	11,724	13,292	1,396	488.98	377.11	Upgrade
Foreign Exchange Rate Adjustments	-30.2	-35.84	14.18	18.49	0.01	-2.47	Upgrade
Net Cash Flow	10,131	171.11	1,323	1,224	522.7	62.72	Upgrade
Free Cash Flow	-13,821	-11,492	-11,593	-175.46	32.85	-376.82	Upgrade
Free Cash Flow Margin	-204.63%	-256.71%	-809.53%	-77.13%	11.99%	-161.71%	Upgrade
Free Cash Flow Per Share	-1.75	-2.10	-4.26	-0.39	0.08	-0.96	Upgrade
Cash Interest Paid	5,008	2,540	420.81	114.85	79.75	44.4	Upgrade
Cash Income Tax Paid	463.73	135.32	3.26	17.03	20.09	14.89	Upgrade

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