EGX:ECAP 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	-88.79	74.36	219.51	171.12	107.24
Depreciation & Amortization	69.18	59.33	42.58	39.52	45.96
Loss (Gain) From Sale of Assets	-	-	-6.07	-	-
Loss (Gain) From Sale of Investments	-1.53	-2.5	-	-	-
Provision & Write-off of Bad Debts	-	-	-0.2	-	-
Other Operating Activities	-81	28.95	37.08	53.95	59.85
Change in Accounts Receivable	-23.56	-113.68	-39.17	66.65	-17.42
Change in Inventory	-245.9	-432.67	-213.85	-97.31	-73.6
Change in Accounts Payable	-29.87	56.86	-53.44	59.61	-33.07
Change in Other Net Operating Assets	-90.14	-130.36	-35.09	-95.86	46.85
Operating Cash Flow	-491.6	-459.7	-48.65	197.68	135.81
Operating Cash Flow Growth	-	-	-	45.56%	38.07%
Capital Expenditures	-36.89	-224.03	-264.51	-130.42	-36.27
Sale of Property, Plant & Equipment	-	-	6.07	37.07	-
Investment in Securities	14.55	120.98	-6.42	-112.29	-
Other Investing Activities	-	12.32	18.02	-	-
Investing Cash Flow	-22.34	-90.74	-246.84	-205.64	-36.27
Short-Term Debt Issued	503.92	466.29	176.89	58.49	14.14
Long-Term Debt Issued	4.12	200.01	137.6	41.76	-
Total Debt Issued	508.04	666.3	314.49	100.25	14.14
Long-Term Debt Repaid	-106.6	-82.36	-26.83	-20.45	-27.31
Total Debt Repaid	-106.6	-82.36	-26.83	-20.45	-27.31
Net Debt Issued (Repaid)	401.44	583.95	287.66	79.8	-13.17
Common Dividends Paid	-	-	-48.01	-29.34	-51
Financing Cash Flow	401.44	583.95	239.65	50.46	-64.18
Foreign Exchange Rate Adjustments	-	11.49	0.31	1.29	-
Miscellaneous Cash Flow Adjustments	0.02	-1.26	-0.3	-	-
Net Cash Flow	-112.48	43.73	-55.83	43.79	35.36
Free Cash Flow	-528.49	-683.74	-313.16	67.26	99.54
Free Cash Flow Growth	-	-	-	-32.43%	55.79%
Free Cash Flow Margin	-19.15%	-22.62%	-12.33%	3.54%	7.10%
Free Cash Flow Per Share	-9.91	-12.82	-5.87	1.26	1.90
Cash Interest Paid	399.39	286.32	115.51	47.67	45.55
Cash Income Tax Paid	-	19.12	37.19	23.8	-
Levered Free Cash Flow	-656.24	-643.84	-269.54	52.03	108.25
Unlevered Free Cash Flow	-408.27	-463.34	-197	81.9	136.28
Change in Working Capital	-389.47	-619.85	-341.56	-66.91	-77.24

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.