MSM:OMVS Cash Flow Statement

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

Millions OMR. 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	40.24	37.16	40.12	49.81	27
Depreciation & Amortization	4.94	4.94	4.77	3.25	2.38
Gain (Loss) on Sale of Assets	-0.28	-3.34	-0.5	0.56	-0.68
Gain (Loss) on Sale of Investments	-2.48	-0.73	-13.39	-45.3	-3.56
Change in Accounts Receivable	41.05	57.03	-1.13	-10.56	-22.73
Reinsurance Recoverable	13.05	-56.38	15.01	-4.7	-1.34
Change in Accounts Payable	-	-	-	-	3.86
Change in Insurance Reserves / Liabilities	-	-	-6.31	-	11.26
Change in Other Net Operating Assets	-47.44	121.72	-121.43	-31.27	-61.73
Other Operating Activities	-69.67	-77.12	-27.29	-13.77	-4
Operating Cash Flow	-20.6	83.26	-116.48	-74.44	-78.67
Capital Expenditures	-23.86	-18.97	-7.8	-12.97	-13.43
Sale of Property, Plant & Equipment	0.38	1.55	3.07	0.6	4.93
Purchase / Sale of Intangible Assets	-0.64	-	-	-29.49	-
Cash Acquisitions	-	-	-	-40.42	-
Investment in Securities	-15.93	4.5	-6.67	34.24	7.3
Other Investing Activities	15.88	12.21	40.01	7.82	-
Investing Cash Flow	-24.17	-0.71	28.18	-42.05	-1.2
Long-Term Debt Issued	60.76	-	142.61	137.42	47.09
Total Debt Repaid	-	-81.83	-	-	-
Net Debt Issued (Repaid)	60.76	-81.83	142.61	137.42	47.09
Issuance of Common Stock	-	-	-	24.44	-
Repurchases of Common Stock	-	-	-67.98	-7.94	-0.4
Common Dividends Paid	-13.37	-13.37	-10.03	-20.05	-19.04
Other Financing Activities	-1.27	-10.11	2.61	26.01	13.7
Financing Cash Flow	46.13	-105.3	67.21	159.88	41.35
Net Cash Flow	1.36	-22.75	-21.09	43.4	-38.53
Free Cash Flow	-44.45	64.29	-124.28	-87.4	-92.11
Free Cash Flow Margin	-9.20%	15.72%	-28.56%	-26.61%	-64.35%
Free Cash Flow Per Share	-0.05	0.07	-0.13	-0.09	-0.10
Cash Interest Paid	7.27	6.97	-	19.16	4.48
Cash Income Tax Paid	5.09	-	1.15	1.54	2.85
Levered Free Cash Flow	-4.71	-14.69	50.18	51.16	-34.81
Unlevered Free Cash Flow	16.66	7.77	67.83	63.71	-25.11
Change in Working Capital	6.65	122.36	-98.2	-47.83	-70.68

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.