MSM:TFCI 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	4.17	5.53	4.82	3.38	2.54
Depreciation & Amortization	0.45	0.37	0.41	0.36	0.44
Asset Writedown & Restructuring Costs	0.24	0.32	0.33	0.45	-
Provision for Credit Losses	12.34	6.28	4.67	3.54	2.79
Change in Accounts Payable	1.55	1.04	0.05	0.72	-0.5
Change in Other Net Operating Assets	-21.79	-24.47	-29.17	-20.66	3.41
Other Operating Activities	-0.26	0.1	0.16	0.13	0.39
Operating Cash Flow	-3.28	-10.85	-18.74	-12.1	8.93
Operating Cash Flow Growth	-	-	-	-	-39.06%
Capital Expenditures	-0.3	-0.22	-0.32	-0.45	-0.11
Sale of Property, Plant & Equipment	0.03	0.02	-	0.01	-
Other Investing Activities	2	-0.34	8.23	-6.25	-3.8
Investing Cash Flow	1.73	-0.53	7.91	-6.69	-3.91
Short-Term Debt Issued	103	56.65	36.3	15.89	14.2
Long-Term Debt Issued	56	61.63	50.07	63.13	39.6
Total Debt Issued	159	118.28	86.37	79.02	53.8
Short-Term Debt Repaid	-100.5	-46.15	-24.15	-36.44	-18.45
Long-Term Debt Repaid	-51.56	-50.83	-47.23	-28.72	-29.29
Total Debt Repaid	-152.06	-96.98	-71.38	-65.16	-47.74
Net Debt Issued (Repaid)	6.94	21.3	14.99	13.86	6.06
Common Dividends Paid	-2.17	-1.85	-1.29	-0.76	-
Other Financing Activities	-1.88	-0.31	-	-	-
Financing Cash Flow	2.9	19.15	13.7	13.1	6.06
Net Cash Flow	1.34	7.76	2.87	-5.69	11.09
Free Cash Flow	-3.58	-11.07	-19.06	-12.55	8.83
Free Cash Flow Growth	-	-	-	-	-38.67%
Free Cash Flow Margin	-29.83%	-83.66%	-160.32%	-129.00%	113.08%
Free Cash Flow Per Share	-0.01	-0.04	-0.07	-0.04	0.03
Cash Income Tax Paid	0.96	0.86	0.59	0.46	0.37

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