Al Maha Petroleum Products Marketing Company SAOG (MSM:MHAS)

MSM:MHAS Cash Flow Statement

Financials in millions OMR. 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	6.56	6.04	6.31	6.19	2.76	0.86
Depreciation & Amortization	4.35	4.52	4.42	4.56	4.9	5.07
Other Amortization	0.22	0.22	0.22	0.22	0.21	0.08
Loss (Gain) From Sale of Assets	-0.01	0.01	-0.01	-0.03	-0.05	0
Asset Writedown & Restructuring Costs	0.07	0.07	-0.2	0.11	0.01	0.82
Other Operating Activities	2.37	1.6	1.45	0.53	1.64	-0.22
Change in Accounts Receivable	6.52	0.04	-7.01	-10.6	-16.42	11.93
Change in Inventory	0.88	-0.19	-0.22	-0.03	-0.59	1.09
Change in Accounts Payable	-0.04	3.13	-2.17	7.82	6.92	-6.88
Operating Cash Flow	20.91	15.43	2.81	8.76	-0.62	12.76
Operating Cash Flow Growth	1678.06%	449.70%	-67.95%	-	-	21.68%
Capital Expenditures	-5.73	-4.1	-4.46	-3.45	-3.61	-3.41
Sale of Property, Plant & Equipment	0.02	0.05	0.02	0.05	0.05	0.02
Other Investing Activities	-0.76	-8.91	1.79	1.42	11.99	10.92
Investing Cash Flow	-6.47	-12.96	-2.65	-1.99	8.42	7.53
Short-Term Debt Issued	-	550.29	586.42	751.43	590.71	414.23
Total Debt Issued	513.72	550.29	586.42	751.43	590.71	414.23
Short-Term Debt Repaid	-	-563.4	-569.76	-750.53	-593.45	-424.53
Long-Term Debt Repaid	-	-1.27	-1.39	-1.15	-1.37	-1.08
Total Debt Repaid	-529.91	-564.67	-571.15	-751.67	-594.82	-425.62
Net Debt Issued (Repaid)	-16.19	-14.39	15.27	-0.25	-4.1	-11.38
Common Dividends Paid	-5.87	-6.21	-5.87	-2.76	-	-4.83
Other Financing Activities	-2.01	-2.3	-2.42	-1.43	-2.03	-1.57
Financing Cash Flow	-24.06	-22.89	6.99	-4.44	-6.14	-17.78
Net Cash Flow	-9.62	-20.42	7.15	2.34	1.67	2.51
Free Cash Flow	15.18	11.33	-1.65	5.3	-4.23	9.36
Free Cash Flow Growth	-	-	-	-	-	48.51%
Free Cash Flow Margin	3.01%	2.20%	-0.33%	1.07%	-1.13%	2.80%
Free Cash Flow Per Share	0.22	0.16	-0.02	0.08	-0.06	0.14
Cash Interest Paid	2.01	2.3	2.42	1.43	2.03	1.57
Cash Income Tax Paid	-	-	-	0.83	0.39	0.92
Levered Free Cash Flow	2.89	-3.05	-5.44	2.81	-6.41	8.44
Unlevered Free Cash Flow	4.42	-1.34	-3.66	4	-4.98	9.57
Change in Working Capital	7.37	2.98	-9.4	-2.81	-10.09	6.14

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.