KWSE:TROLLEY Cash Flow Statement

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

Millions KWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	9.15	8.04	8.13	7.56
Depreciation & Amortization	8.21	7.76	6.55	5.33
Other Amortization	0.2	0.2	0.17	0.15
Loss (Gain) From Sale of Assets	0.08	0.06	-0.01	0
Other Operating Activities	1.18	1.15	1.06	0.99
Change in Accounts Receivable	-1.14	-0.4	-0.75	-0.44
Change in Inventory	-1.25	-1.03	-1.76	-1.87
Change in Accounts Payable	3.37	2.83	2.9	2.27
Change in Other Net Operating Assets	3.55	0.21	9.92	-0.08
Operating Cash Flow	23.41	18.82	26.23	13.91
Operating Cash Flow Growth	-4.48%	-28.24%	88.62%	-
Capital Expenditures	-11.53	-11.78	-2.98	-3.18
Sale (Purchase) of Intangibles	0.02	-0.15	-0.34	-0.14
Investment in Securities	-5	-4.9	-	-
Other Investing Activities	-0.26	-0.22	-0.04	-0.06
Investing Cash Flow	-16.77	-17.04	-3.35	-3.37
Short-Term Debt Issued	-	4.7	4.83	3.07
Total Debt Issued	2.43	4.7	4.83	3.07
Short-Term Debt Repaid	-	-7.04	-6.42	-1.6
Long-Term Debt Repaid	-	-5.92	-5.39	-4.29
Total Debt Repaid	-13.42	-12.95	-11.81	-5.9
Net Debt Issued (Repaid)	-10.98	-8.25	-6.98	-2.82
Issuance of Common Stock	3.18	3.18	-	-
Common Dividends Paid	-1	-1	-	-8
Other Financing Activities	-0.97	-0.98	-0.92	-0.87
Financing Cash Flow	-9.77	-7.05	-7.9	-11.7
Foreign Exchange Rate Adjustments	-0.02	-0	-0	-0.01
Net Cash Flow	-3.15	-5.27	14.97	-1.17
Free Cash Flow	11.87	7.05	23.25	10.73
Free Cash Flow Growth	-44.54%	-69.70%	116.72%	-
Free Cash Flow Margin	11.87%	7.48%	29.26%	15.94%
Free Cash Flow Per Share	0.05	0.03	0.10	0.05
Cash Interest Paid	0.97	0.98	0.92	0.87
Levered Free Cash Flow	6.84	2.36	18.83	-
Unlevered Free Cash Flow	7.44	2.97	19.4	-
Change in Working Capital	4.52	1.6	10.32	-0.12