Commercial Real Estate Company K.P.S.C. (KWSE:ALTIJARIA)

KWSE:ALTIJARIA Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	14.96	15.59	14.42	12.48	12.54	1.01
Depreciation & Amortization	1.18	1.22	1.2	1.18	1.06	1.76
Gain (Loss) on Sale of Assets	0.1	-	-	-	-	-
Gain (Loss) on Sale of Investments	-4.22	-5.1	-6.43	-5.29	3.9	1.93
Asset Writedown	0.52	0.52	1.81	3.5	4.25	0.64
Income (Loss) on Equity Investments	-4.89	-5.24	-2.71	2.23	0.63	1.02
Change in Accounts Receivable	0.91	0.93	0.51	1.17	-0.14	-0.72
Change in Accounts Payable	0.12	0.78	-2.63	-1.16	1.7	-0.05
Other Operating Activities	10.42	11.17	9.12	4.53	-12.25	5.59
Operating Cash Flow	19.27	20.06	16.05	18.9	28.81	12.15
Operating Cash Flow Growth	24.39%	25.00%	-15.10%	-34.39%	137.13%	6.49%
Acquisition of Real Estate Assets	-1.88	-1.16	-0.84	-0.62	-1.5	-1.76
Sale of Real Estate Assets	0.02	0.02	0	-	-	-
Net Sale / Acq. of Real Estate Assets	-1.86	-1.15	-0.84	-0.62	-1.5	-1.76
Cash Acquisition	-0.03	-0.34	-0.04	-0.05	-0	-
Investment in Marketable & Equity Securities	-12.08	-6.52	-10.01	-24.33	-4.37	-1.48
Other Investing Activities	7.69	6.41	6.03	4.69	2.76	3.49
Investing Cash Flow	-8.77	-3.83	-4.85	-20.31	-3.12	0.26
Long-Term Debt Issued	-	27.47	25.55	40.28	46.02	62.67
Long-Term Debt Repaid	-	-20.36	-17.01	-24.14	-53.57	-53.34
Net Debt Issued (Repaid)	7.4	7.11	8.54	16.14	-7.55	9.33
Issuance of Common Stock	1.62	1.59	-	0.05	-	-
Repurchase of Common Stock	-6.05	-4.49	-4.51	-2.8	-2.35	-4.76
Common Dividends Paid	-5.28	-7.08	-5.27	-8.83	-5.38	-8.49
Other Financing Activities	-12.79	-13.54	-12.06	-6.83	-6.06	-7.65
Net Cash Flow	-4.6	-0.17	-2.1	-3.67	4.35	0.85
Cash Interest Paid	12.2	12.5	11.25	6.21	5.6	7.13
Levered Free Cash Flow	-0.34	9.09	0.64	15.76	15.18	-2.31
Unlevered Free Cash Flow	6.98	16.89	7.68	19.93	18.62	1.71
Change in Working Capital	1.2	1.88	-1.68	0.34	17.89	-0.59

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