QSE:AKHI 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	71.13	74.27	64.57	56.54	40.13
Depreciation & Amortization	2.87	2.47	2.36	1.9	6.67
Other Amortization	0.16	0.16	0.16	0.17	0.15
Gain (Loss) on Sale of Assets	-0.01	-0.02	-0.08	0.14	-
Gain (Loss) on Sale of Investments	2.45	1.1	7.44	1.69	-2.6
Change in Accounts Receivable	-	-	6.59	1.29	-0.76
Reinsurance Recoverable	-0.2	41.38	-21.29	7.69	46.93
Change in Accounts Payable	7.19	-11.17	0.39	3.71	0.81
Change in Unearned Revenue	1.9	1.43	4.18	-3.41	0.03
Change in Insurance Reserves / Liabilities	15.19	0.62	25.76	-23.98	-26.56
Change in Other Net Operating Assets	2.75	-0.16	-2.48	10.12	-5.33
Other Operating Activities	-60.89	-31.29	-33.7	-26.78	-10.59
Operating Cash Flow	29.43	64.99	26.66	32.1	34.68
Operating Cash Flow Growth	-54.72%	143.80%	-16.95%	-7.44%	-23.06%
Capital Expenditures	-1.54	-0.72	-2.36	-2.21	-1.51
Sale of Property, Plant & Equipment	0.01	0.02	0.28	-	-
Investment in Securities	-38.79	-57.26	-34.74	-138.47	-59.68
Other Investing Activities	45.77	42.45	36.99	24.91	14.3
Investing Cash Flow	1.32	-17.2	1.64	-114.34	-47.18
Total Debt Repaid	-0.04	-0.22	-0.42	-	-0.21
Net Debt Issued (Repaid)	-0.04	-0.22	-0.42	-	-0.21
Common Dividends Paid	-38.44	-31.62	-24.08	-17.68	-11.95
Other Financing Activities	-	-	-	-	0.01
Financing Cash Flow	-38.47	-31.85	-24.5	-17.68	-12.16
Net Cash Flow	-7.72	15.94	3.8	-99.93	-24.66
Free Cash Flow	27.89	64.27	24.29	29.88	33.17
Free Cash Flow Growth	-56.60%	164.56%	-18.71%	-9.91%	-22.00%
Free Cash Flow Margin	61.67%	134.03%	9.55%	13.69%	18.11%
Free Cash Flow Per Share	0.11	0.25	0.10	0.12	0.13
Cash Income Tax Paid	0.11	-	0	0.02	0.02
Levered Free Cash Flow	40.05	-95.85	46.87	39.3	79.29
Unlevered Free Cash Flow	40.05	-95.85	46.87	39.3	79.29
Change in Working Capital	26.83	32.1	-4.58	8.43	2.55

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