MSM:GECS Cash Flow Statement

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

Millions OMR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-3.86	0.17	1.3	1.28
Depreciation & Amortization	10.59	7.62	9.35	11.6
Other Amortization	0.06	0.12	0.12	0.11
Loss (Gain) From Sale of Assets	-1.9	-1.26	-0.91	-0.59
Loss (Gain) on Equity Investments	-0.1	0.43	0.4	0.17
Other Operating Activities	13.4	-1.62	1.39	-0.39
Change in Accounts Receivable	-4.87	-34.17	5.01	28.04
Change in Inventory	4.03	-7.31	-2.26	0.9
Change in Accounts Payable	2.06	20.25	6.8	-12.44
Operating Cash Flow	19.41	-15.76	21.2	28.67
Operating Cash Flow Growth	-	-	-26.06%	-22.02%
Capital Expenditures	-28.34	-20.57	-7.81	-1.56
Sale of Property, Plant & Equipment	1.96	1.31	0.96	0.73
Sale (Purchase) of Intangibles	-0.07	-0.04	-0.01	-0.05
Investment in Securities	-0.09	-0.01	-0.13	0.03
Other Investing Activities	0.51	-0.07	1.07	-2.4
Investing Cash Flow	-26.02	-19.37	-5.92	-3.26
Long-Term Debt Issued	17.05	31.22	-	-
Total Debt Issued	17.05	31.22	-	-
Long-Term Debt Repaid	-1.05	-0.96	-17.32	-13.54
Total Debt Repaid	-1.05	-0.96	-17.32	-13.54
Net Debt Issued (Repaid)	16	30.26	-17.32	-13.54
Other Financing Activities	-3.1	0.37	-3.16	-4.15
Financing Cash Flow	12.91	30.63	-20.48	-17.7
Net Cash Flow	6.3	-4.5	-5.2	7.72
Free Cash Flow	-8.93	-36.33	13.4	27.11
Free Cash Flow Growth	-	-	-50.59%	-22.38%
Free Cash Flow Margin	-3.12%	-14.54%	7.54%	14.42%
Free Cash Flow Per Share	-0.03	-0.13	0.05	0.09
Cash Interest Paid	5.24	3.48	-	3.71
Cash Income Tax Paid	-0.05	0	0.17	-0
Levered Free Cash Flow	-18.47	-38.95	7.18	22.58
Unlevered Free Cash Flow	-15.2	-36.78	8.9	24.89
Change in Working Capital	1.22	-21.22	9.54	16.5

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