Salalah Port Services Company SAOG (MSM:SPSI)

MSM:SPSI Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	7.29	2.26	2.8	3.22	4.64
Depreciation & Amortization	18.25	13.29	10.65	10.95	10.49
Other Amortization	0.51	0.26	0.23	0.08	-
Loss (Gain) From Sale of Assets	-	-	-0.21	-0.59	-0.04
Asset Writedown & Restructuring Costs	0	0.07	-0.01	-0.11	-0.11
Other Operating Activities	0.85	-0.39	0.56	-0.38	-2.44
Change in Accounts Receivable	-2.3	-1.07	-4.51	-0.46	-3.67
Change in Inventory	-1.05	-0.08	-0.47	-0.39	-0.51
Change in Accounts Payable	1.82	1.55	1.1	0.01	0.51
Change in Other Net Operating Assets	2.07	-6.07	-1.3	1.83	-1.4
Operating Cash Flow	27.45	9.82	8.85	14.15	7.46
Operating Cash Flow Growth	179.63%	10.94%	-37.47%	89.78%	-74.41%
Capital Expenditures	-4.2	-12.83	-10.44	-11.52	-8.3
Sale of Property, Plant & Equipment	-	0.02	0.35	0.59	-
Other Investing Activities	2.6	3.66	-15.47	-0.55	-2.49
Investing Cash Flow	-1.61	-9.16	-25.56	-11.47	-10.79
Long-Term Debt Repaid	-5.43	-2.12	-1.99	-1.93	-1.88
Net Debt Issued (Repaid)	-5.43	-2.12	-1.99	-1.93	-1.88
Common Dividends Paid	-1.8	-1.8	-1.8	-1.8	-4.5
Other Financing Activities	-0.16	-0.02	-0.01	-0.01	-0.72
Financing Cash Flow	-7.39	-3.94	-3.8	-3.74	-7.1
Net Cash Flow	18.46	-3.28	-20.51	-1.06	-10.43
Free Cash Flow	23.25	-3.02	-1.59	2.64	-0.84
Free Cash Flow Margin	26.01%	-4.31%	-2.32%	3.72%	-1.26%
Free Cash Flow Per Share	0.13	-0.02	-0.01	0.01	-0.01
Cash Interest Paid	-	-	0.01	0.01	0.72
Cash Income Tax Paid	1.41	0.88	0.54	1.54	3.37
Levered Free Cash Flow	21.13	-0.49	0.36	1.37	-0.66
Unlevered Free Cash Flow	22.33	0.23	0.73	1.76	-0.22
Change in Working Capital	0.55	-5.67	-5.18	0.99	-5.07

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