QSE:ERES 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	488.32	104.99	99.66	86.73	61.11	347.94
Depreciation & Amortization	23.7	22.2	21.31	23.45	30.19	32.8
Gain (Loss) on Sale of Assets	-115.55	-	-	-	0.95	-0.13
Gain (Loss) on Sale of Investments	-	-	-	-576.48	-	-
Asset Writedown	197.96	197.96	192.86	1,059	200.51	-
Income (Loss) on Equity Investments	-	-	-	-68.42	-77.76	-120.01
Change in Accounts Receivable	-10.5	15.79	27.78	-38.4	33.85	143.41
Change in Accounts Payable	-43.06	-42.91	-20.9	71.95	19.39	-174.19
Other Operating Activities	846.57	1,050	1,098	801.01	719.1	662.21
Operating Cash Flow	1,400	1,357	1,429	1,368	984.85	915.92
Operating Cash Flow Growth	2.44%	-5.07%	4.50%	38.88%	7.53%	-58.08%
Acquisition of Real Estate Assets	-32.69	-74.8	-133.62	-133.58	-112.02	-147.18
Sale of Real Estate Assets	414.54	-	-	-	4.41	0.14
Net Sale / Acq. of Real Estate Assets	381.85	-74.8	-133.62	-133.58	-107.6	-147.04
Investment in Marketable & Equity Securities	-	-	-	20	36.43	101.25
Other Investing Activities	6.35	11.94	16.39	134.66	115.93	9.48
Investing Cash Flow	388.2	-62.86	-117.23	21.09	44.75	-36.31
Long-Term Debt Issued	-	657	-	831.24	1,800	2,285
Long-Term Debt Repaid	-	-1,742	-1,336	-2,812	-2,307	-2,513
Net Debt Issued (Repaid)	-1,095	-1,085	-1,336	-1,980	-507.24	-228.32
Common Dividends Paid	-	-477.19	-58.96	-58.96	-60.96	-60.96
Other Financing Activities	-8.05	4.07	-0.34	8.62	10.11	-28.53
Foreign Exchange Rate Adjustments	-0.37	7.49	-8.72	18.34	0.74	-4.57
Net Cash Flow	684.52	-256.5	-91.75	-623.46	472.25	557.24
Levered Free Cash Flow	301.55	-286.95	123.94	-414.34	-785.81	565.35
Unlevered Free Cash Flow	865.49	372.11	817.53	86.66	-330.77	1,036
Change in Working Capital	-53.37	-27.64	7.02	24.83	52.58	-28.27

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