Aamal Company Q.P.S.C. Cash Flow Statement

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

Millions QAR. 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	443.33	432.55	367.5	347.82	304.93
Depreciation & Amortization	54.02	42.91	41.54	38.37	40.37
Other Amortization	1.31	3.68	1.35	6.51	1.42
Loss (Gain) From Sale of Assets	0.24	-8.53	-0.38	-0.38	0.62
Asset Writedown & Restructuring Costs	-0.09	-0.08	-	-	-
Loss (Gain) From Sale of Investments	-13.53	9.83	-2.27	-0.22	-
Loss (Gain) on Equity Investments	-107.62	-71.68	-61.94	-61.89	-40.49
Provision & Write-off of Bad Debts	8.4	13.14	9.42	9.75	6.05
Other Operating Activities	8.89	-5.62	13.72	-1.22	2.33
Change in Accounts Receivable	115.94	12.84	-61.03	87.1	-224.18
Change in Inventory	38.03	-68.2	101.93	-93.33	-14.7
Change in Accounts Payable	-106.48	42.33	-100.98	72.42	65.71
Change in Other Net Operating Assets	-122.21	-174.32	-79.04	188.39	128.43
Operating Cash Flow	320.24	228.84	229.82	593.31	270.5
Operating Cash Flow Growth	39.94%	-0.43%	-61.27%	119.34%	-
Capital Expenditures	-95.05	-19.37	-13.62	-17.79	-21.96
Sale of Property, Plant & Equipment	2.19	42.93	0.75	0.48	-
Cash Acquisitions	-	-31.73	-16.38	-	-
Divestitures	-0	-	-	-	-
Sale (Purchase) of Real Estate	-423.06	-20.16	77.92	-30.49	-44.67
Investment in Securities	37.19	-47.75	-0.02	-12.65	-0.41
Other Investing Activities	93.58	30.22	13.95	6.84	23.1
Investing Cash Flow	-385.15	-45.86	62.62	-53.61	-43.94
Long-Term Debt Issued	818.14	35.05	247.44	284.53	56.5
Long-Term Debt Repaid	-391.06	-204.48	-279.01	-412.35	-172.84
Net Debt Issued (Repaid)	427.09	-169.43	-31.58	-127.82	-116.34
Common Dividends Paid	-378	-	-315	-315	-252
Other Financing Activities	-	-	-	0.1	-
Financing Cash Flow	49.09	-169.43	-346.58	-442.72	-368.34
Net Cash Flow	-15.82	13.55	-54.14	96.98	-141.78
Free Cash Flow	225.19	209.47	216.2	575.52	248.54
Free Cash Flow Growth	7.50%	-3.11%	-62.43%	131.56%	-
Free Cash Flow Margin	11.28%	9.97%	10.41%	27.95%	15.59%
Free Cash Flow Per Share	0.04	0.03	0.03	0.09	0.04
Cash Interest Paid	21.93	20.99	28.82	25.91	22.56
Cash Income Tax Paid	0.53	0.63	0.84	0.6	0.3
Levered Free Cash Flow	105.13	99.45	106.11	485.18	158.18
Unlevered Free Cash Flow	124.61	111.08	122.77	494.86	170.86
Change in Working Capital	-74.72	-187.35	-139.12	254.58	-44.73

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