KWSE:ATC Cash Flow Statement

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

Millions KWD. 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	-16.24	0.7	5.03	7.01	5.3
Depreciation & Amortization	9.94	8.3	6.91	5.11	5.98
Other Amortization	2.22	2.22	2.23	2.24	2.25
Loss (Gain) From Sale of Assets	-0.01	0	-0.05	-0.03	0
Asset Writedown & Restructuring Costs	0.05	0.73	-	0	-
Loss (Gain) From Sale of Investments	-	-	-0.87	-	-
Loss (Gain) on Equity Investments	0.02	-0.01	0.01	0.71	0.01
Provision & Write-off of Bad Debts	2.37	2.63	-1.56	4.66	10.53
Other Operating Activities	9.94	12.5	11.53	8.31	8.15
Change in Accounts Receivable	20.98	-9.13	17.1	-15.46	-11.74
Change in Inventory	-2.21	4.33	1.2	21.76	2.95
Change in Accounts Payable	1.4	-16.9	-6.14	4.23	-18.14
Change in Other Net Operating Assets	-3.08	-0.72	-0.76	-1.15	-0.55
Operating Cash Flow	25.37	4.66	34.64	37.41	4.75
Operating Cash Flow Growth	444.08%	-86.54%	-7.40%	688.11%	-
Capital Expenditures	-2.49	-3.81	-6.62	-0.38	-2.17
Sale of Property, Plant & Equipment	0.02	0	0.15	0.06	-
Cash Acquisitions	-	-	-21.83	-	-
Sale (Purchase) of Intangibles	-3.9	-3.61	-4.2	-3.62	-3.99
Investment in Securities	-	-0.4	-	-0.7	-
Other Investing Activities	-	-	-	0.35	0.14
Investing Cash Flow	-6.38	-7.82	-32.5	-4.29	-6.03
Short-Term Debt Issued	-	1.28	5.34	-	0.48
Long-Term Debt Issued	27.8	71.78	224.4	535.39	489.07
Total Debt Issued	27.8	73.06	229.74	535.39	489.56
Short-Term Debt Repaid	-1.26	-	-	-1.72	-
Long-Term Debt Repaid	-31.46	-57.22	-218.41	-558.97	-481.61
Total Debt Repaid	-32.72	-57.22	-218.41	-560.69	-481.61
Net Debt Issued (Repaid)	-4.92	15.85	11.34	-25.3	7.94
Repurchase of Common Stock	-1.62	-	-	-	-
Common Dividends Paid	-0.01	-3.01	-3.01	-2.24	-2.25
Other Financing Activities	-10.2	-10.44	-9.64	-6.34	-5.24
Financing Cash Flow	-16.76	2.4	-1.31	-33.88	0.46
Net Cash Flow	2.24	-0.75	0.83	-0.76	-0.82
Free Cash Flow	22.88	0.85	28.02	37.03	2.57
Free Cash Flow Growth	2586.65%	-96.96%	-24.32%	1338.39%	-
Free Cash Flow Margin	14.27%	0.47%	16.62%	22.37%	1.81%
Free Cash Flow Per Share	0.13	0.01	0.16	0.21	0.01
Cash Interest Paid	10.2	10.44	9.64	6.34	5.24
Levered Free Cash Flow	22.25	-4.34	19.26	28.91	-13.42
Unlevered Free Cash Flow	29.26	3.11	26.01	33.21	-9.89
Change in Working Capital	17.09	-22.42	11.4	9.38	-27.47

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