Damaan Islamic Insurance Company "Beema" (Q.P.S.C.) (QSE:BEMA)

QSE:BEMA Cash Flow Statement

Financials in millions QAR. 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	107.32	103.96	97.23	101.23	50.84
Depreciation & Amortization	9.48	9.25	7.38	6.58	6
Other Amortization	0.15	0.15	0.15	0.16	0.08
Gain (Loss) on Sale of Assets	0	0	-0.15	-	-0.11
Gain (Loss) on Sale of Investments	-52.21	-40.07	-34.22	-26.6	-28.41
Change in Accounts Receivable	147.77	63.67	-	-	-
Change in Insurance Reserves / Liabilities	-	-	17.5	34.55	41.09
Change in Other Net Operating Assets	28.75	17.56	-217.84	183.23	-0.81
Other Operating Activities	0.75	0.52	-0.77	5.77	50.99
Operating Cash Flow	242.01	155.05	-130.71	304.91	120.63
Operating Cash Flow Growth	56.08%	-	-	152.77%	34.08%
Capital Expenditures	-3.44	-4.11	-5.26	-6.35	-9.27
Sale of Property, Plant & Equipment	1.85	0.04	0.16	-	0.11
Investment in Securities	-178.01	-117.81	174.29	-211.37	52.35
Investing Cash Flow	-179.6	-121.89	169.19	-217.72	43.18
Long-Term Debt Issued	-	-	-	55.93	-
Total Debt Repaid	-0.22	-1.2	-239.41	-0.18	-104.28
Net Debt Issued (Repaid)	-0.22	-1.2	-239.41	55.74	-104.28
Common Dividends Paid	-45.73	-42.9	-37.21	-23.33	-22.1
Financing Cash Flow	-45.95	-44.1	-276.62	32.41	-126.38
Net Cash Flow	16.46	-10.94	-238.14	119.61	37.43
Free Cash Flow	238.57	150.94	-135.96	298.56	111.36
Free Cash Flow Growth	58.06%	-	-	168.11%	41.93%
Free Cash Flow Margin	35.82%	29.01%	-41.08%	98.05%	39.57%
Free Cash Flow Per Share	1.19	0.76	-0.68	1.49	0.56
Cash Income Tax Paid	-	-	1.06	1.39	0.65
Levered Free Cash Flow	267.69	171.18	-133.07	338.01	142.9
Unlevered Free Cash Flow	267.93	171.33	-132.73	338.47	143.01
Change in Working Capital	176.52	81.24	-200.34	217.78	40.28

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