The Arab Ceramic Co. 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	FY 2022	FY 2021
Period Ending	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	37.57	58.75	88.05	19.5	49.25
Depreciation & Amortization	73.94	82.88	71.78	41.48	28.92
Loss (Gain) From Sale of Assets	-0.17	-66.36	-3.41	-0.91	-0.55
Loss (Gain) From Sale of Investments	-	-	2.36	-	-
Loss (Gain) on Equity Investments	-	-	-	-7.69	-6.37
Other Operating Activities	10.28	81.68	7.06	-1.65	4.99
Change in Accounts Receivable	-61.65	-85.05	53.49	37.72	-52.73
Change in Inventory	-119.3	-91.85	-94.91	-52.17	1.97
Change in Accounts Payable	118.61	168.54	42.06	18.16	20.6
Change in Other Net Operating Assets	8.93	-55.48	-15.9	-3.07	-2.13
Operating Cash Flow	68.2	93.09	150.59	51.37	43.96
Operating Cash Flow Growth	-26.74%	-38.18%	193.16%	16.85%	-42.84%
Capital Expenditures	-326.28	-223.23	-195.99	-170.3	-79.41
Sale of Property, Plant & Equipment	0.17	67.69	3.41	0.98	2.03
Investment in Securities	-	-	-	13.94	-
Other Investing Activities	62.32	31.45	-	-	-
Investing Cash Flow	-263.79	-124.1	-192.58	-155.37	-77.37
Short-Term Debt Issued	272.08	-	32.93	-	-
Long-Term Debt Issued	-	161.93	-	118.36	61.91
Total Debt Issued	272.08	161.93	32.93	118.36	61.91
Short-Term Debt Repaid	-	-19.99	-	-	-
Long-Term Debt Repaid	-78.42	-	-	-	-
Total Debt Repaid	-78.42	-19.99	-	-	-
Net Debt Issued (Repaid)	193.66	141.94	32.93	118.36	61.91
Common Dividends Paid	-10.87	-31.32	-	-	-30.47
Financing Cash Flow	182.8	110.63	32.93	118.36	31.44
Foreign Exchange Rate Adjustments	0.72	-69.36	-0.05	-	-
Miscellaneous Cash Flow Adjustments	-0	-	-0	-	-
Net Cash Flow	-12.07	10.26	-9.11	14.36	-1.97
Free Cash Flow	-258.08	-130.14	-45.39	-118.93	-35.44
Free Cash Flow Margin	-11.29%	-6.91%	-3.54%	-12.80%	-4.44%
Free Cash Flow Per Share	-0.24	-0.12	-0.04	-0.11	-0.03
Cash Interest Paid	-	-	46.74	17.43	8.6
Cash Income Tax Paid	-	10.24	-	9.7	11
Levered Free Cash Flow	-395.2	-338.17	-142.8	-106.68	-51.33
Unlevered Free Cash Flow	-327.94	-281.93	-113.59	-95.79	-45.95
Change in Working Capital	-53.42	-63.84	-15.25	0.63	-32.28

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