Abraj Energy Services SAOG (MSM: ABRJ)

ABRJ Cash Flow Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	20.53	16.56	16.52	18.41	11.28
Depreciation & Amortization	23	21.99	22	19.92	18.13
Other Amortization	0.09	0.07	0.06	0.06	-
Loss (Gain) From Sale of Assets	0.37	0.74	1.43	0.55	-
Asset Writedown & Restructuring Costs	-0.76	-0.76	-	0.64	0.4
Other Operating Activities	-0.4	-1.57	-2.64	-0.09	3.37
Change in Accounts Receivable	1.29	-6.58	0.88	11.48	-0.43
Change in Inventory	-5.47	-4.72	-4.68	-0.36	-1.92
Change in Accounts Payable	6.98	5.03	-11.13	-2.39	-1.6
Change in Other Net Operating Assets	-0.73	1.8	7.42	-	-
Operating Cash Flow	44.88	32.57	29.86	48.23	29.22
Operating Cash Flow Growth	39.63%	9.06%	-38.08%	65.04%	-
Capital Expenditures	-31.87	-18.26	-11.46	-49.42	-9.97
Sale of Property, Plant & Equipment	0.32	0.3	0.03	0.39	0.02
Sale (Purchase) of Intangibles	-0.02	-0.11	-0	-0.14	-0.12
Other Investing Activities	1.18	17.99	-6.63	-2.66	-25.15
Investing Cash Flow	-30.39	-0.08	-18.06	-51.83	-35.23
Long-Term Debt Issued	-	85.16	36.67	25.99	28.17
Long-Term Debt Repaid	-	-98.29	-46.5	-13.73	-23.7
Net Debt Issued (Repaid)	2.42	-13.13	-9.84	12.26	4.47
Common Dividends Paid	-16.33	-15.4	-5.52	-3.38	-2.15
Other Financing Activities	0.09	-	-	-	-8.04
Financing Cash Flow	-13.82	-28.54	-15.36	8.88	-5.72
Net Cash Flow	0.67	3.95	-3.56	5.28	-11.73
Free Cash Flow	13.01	14.31	18.4	-1.19	19.25
Free Cash Flow Growth	-20.94%	-22.27%	-	-	-
Free Cash Flow Margin	8.53%	9.91%	13.43%	-0.95%	18.30%
Free Cash Flow Per Share	0.02	0.02	0.02	-0.00	-
Cash Interest Paid	5.73	6.3	6.35	3.96	3.29
Cash Income Tax Paid	2.76	3.14	3.47	2.33	1.36
Levered Free Cash Flow	9.1	9.44	14.84	13.68	-
Unlevered Free Cash Flow	12.72	13.06	18.62	16.24	-
Change in Net Working Capital	-3.39	6.2	7.73	-29.08	-

Source: S&P Capital IQ. Standard template. Financial Sources.