QSE:BRES Cash Flow Statement

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

Millions QAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	1,240	1,236	1,229	1,138	1,114	1,214
Depreciation & Amortization	33.82	38.07	37.11	40.02	76.55	100.45
Other Amortization	13.21	18.45	23.69	30.08	36.18	41.17
Gain (Loss) on Sale of Assets	-	-4.9	-489.86	-57.97	-	-
Gain (Loss) on Sale of Investments	0.94	0.94	-72.14	-1.5	-4.3	-14.82
Asset Writedown	-681.15	-794.62	-566.32	-676.19	-255.3	-785.65
Income (Loss) on Equity Investments	2.3	-0.03	235.15	5.29	-2.73	70.89
Change in Accounts Receivable	201.58	2,912	203.85	-662.94	-656.75	-124.5
Change in Other Net Operating Assets	-157.2	-301.12	-245.55	-497.55	-277.3	-205.04
Other Operating Activities	488.3	603.82	724.85	439.77	259.94	180.29
Net Cash from Discontinued Operations	-4.28	-4.29	-13.08	-	-	-
Operating Cash Flow	1,051	3,734	1,014	192.16	1,154	614.43
Operating Cash Flow Growth	-73.15%	268.14%	427.91%	-83.34%	87.74%	405.90%
Acquisition of Real Estate Assets	-348.43	-259.85	-86.25	-2,095	-3,575	-588.11
Sale of Real Estate Assets	90.23	0.3	3,638	0.03	0.05	0.08
Net Sale / Acq. of Real Estate Assets	-258.2	-259.55	3,552	-2,095	-3,575	-588.03
Investment in Marketable & Equity Securities	149.04	-2,156	18.5	644.97	-534.22	200.18
Other Investing Activities	192.68	206.53	109.26	404.46	11.13	16.45
Investing Cash Flow	156.02	-2,137	3,680	-1,045	-4,098	-371.4
Long-Term Debt Issued	-	806.73	2,193	3,933	5,078	1,962
Long-Term Debt Repaid	-	-1,557	-5,117	-1,534	-1,128	-1,388
Net Debt Issued (Repaid)	-131.67	-750.44	-2,924	2,399	3,950	573.86
Common Dividends Paid	-708.72	-586.73	-556.49	-673.14	-518.23	-764.18
Other Financing Activities	-521.8	-589.75	-1,048	-736.15	-358.15	-364.7
Foreign Exchange Rate Adjustments	16.12	6.99	-0.24	42.77	-10.65	9.87
Net Cash Flow	-138.84	-322.38	165.41	179.63	118.82	-302.13
Cash Interest Paid	528.93	603.76	1,046	732.38	388.79	354.37
Cash Income Tax Paid	8.89	15.2	12.01	16.87	14.5	7.76
Levered Free Cash Flow	-	3,109	-2,538	390.2	865.05	638.74
Unlevered Free Cash Flow	-	3,587	-2,075	626.82	1,000	788.52
Change in Working Capital	-19.34	2,664	-42.48	-1,040	-174.34	-286

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.