Sembcorp Salalah Power & Water Company SAOG (MSM:SSPW)

MSM:SSPW 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	22.57	22.47	20.53	19.62	18.3	18.32
Depreciation & Amortization	11.21	11.22	11.25	11.25	11.18	11.14
Other Amortization	0.23	0.27	0.38	0.5	0.61	0.71
Loss (Gain) on Sale of Assets	-0	-0	-	0.04	-0	-
Change in Accounts Receivable	-1.37	-0.29	-0.67	11.31	4.98	-3.85
Change in Inventory	-0.02	-0.05	-0.28	-0.06	0.21	-0.3
Change in Accounts Payable	3.3	-0.08	-1.79	-8.69	-4.29	2.9
Change in Other Net Operating Assets	-	-	-	1.38	-	-1.75
Other Operating Activities	-1.17	-1.1	-1.03	-0.07	1.4	2.93
Operating Cash Flow	34.75	32.44	28.38	35.26	32.4	30.09
Operating Cash Flow Growth	21.22%	14.32%	-19.51%	8.82%	7.67%	4.55%
Capital Expenditures	-0.33	-0.43	-0.53	-0.63	-0.49	-0.87
Sale of Property, Plant & Equipment	0	0	-	0	0	-
Other Investing Activities	-0.23	6.98	0.54	4.08	-0.45	0.32
Investing Cash Flow	-0.56	6.55	0.02	3.45	-0.94	-0.54
Long-Term Debt Repaid	-	-23.52	-27.16	-26.74	-25.15	-24.76
Net Debt Issued (Repaid)	-23.66	-23.52	-27.16	-26.74	-25.15	-24.76
Common Dividends Paid	-	-	-	-	-5.82	-8.69
Other Financing Activities	-7.64	-10.02	-7.16	-5.73	-	-
Financing Cash Flow	-31.3	-33.54	-34.32	-32.46	-30.98	-33.45
Net Cash Flow	2.9	5.45	-5.92	6.25	0.48	-3.9
Free Cash Flow	34.42	32.01	27.85	34.62	31.91	29.22
Free Cash Flow Growth	22.70%	14.95%	-19.57%	8.52%	9.18%	12.01%
Free Cash Flow Margin	41.32%	38.80%	35.17%	46.68%	44.17%	40.65%
Free Cash Flow Per Share	0.04	0.03	0.03	0.04	0.03	0.03
Cash Interest Paid	3.8	5.15	6.85	8.62	10.41	11.87
Cash Income Tax Paid	4.3	3.78	3.26	2.57	1.4	-
Levered Free Cash Flow	29.01	26.47	22.68	28.13	26.45	42.38
Unlevered Free Cash Flow	31.72	29.75	26.93	33.05	32.44	49.49
Change in Working Capital	1.91	-0.42	-2.74	3.94	0.89	-3.01

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