QSE:GISS 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	677.96	711	366.28	302.31	54.18
Depreciation & Amortization	602.02	504.37	375.31	378.64	371.29
Other Amortization	-	-	6.65	5.17	5.17
Loss (Gain) From Sale of Assets	-	1.92	4.01	1.05	-4.38
Asset Writedown & Restructuring Costs	-	1.85	7.32	2.2	2.77
Loss (Gain) From Sale of Investments	-57.24	-0.4	-22.36	15.83	-34.31
Loss (Gain) on Equity Investments	-54.45	-73.19	-24.8	-17.58	2.52
Provision & Write-off of Bad Debts	-	-	1.46	2.76	27.47
Other Operating Activities	159.38	94.7	166.19	135.94	92.82
Change in Accounts Receivable	439.64	-173.79	-112.24	-7.57	-69.3
Change in Inventory	-96.46	-88.49	-28.64	-107.53	-46.49
Change in Accounts Payable	-98.03	-69.9	111.76	71.5	100.68
Change in Unearned Revenue	-481.69	106.92	157.58	62.13	-4
Change in Other Net Operating Assets	-18.38	-50.4	-28.78	-17.97	-
Operating Cash Flow	1,073	964.59	981.77	827.62	498.42
Operating Cash Flow Growth	11.21%	-1.75%	18.63%	66.05%	19.35%
Capital Expenditures	-418.24	-1,700	-364.47	-275.99	-177.76
Sale of Property, Plant & Equipment	-	-	-	1.23	20.48
Divestitures	-	0.73	1.69	-	-
Investment in Securities	-60.58	224.08	-16.96	-352.17	-208.23
Other Investing Activities	59.57	87.69	-58.64	44.56	64.74
Investing Cash Flow	-419.24	-1,387	-438.38	-582.38	-300.77
Long-Term Debt Issued	92.51	1,228	20.44	106.29	286.31
Long-Term Debt Repaid	-398.69	-118.01	-9.82	-162.84	-431.36
Net Debt Issued (Repaid)	-306.17	1,110	10.62	-56.55	-145.05
Common Dividends Paid	-319.3	-278.76	-185.84	-1.81	-24.81
Other Financing Activities	-223.12	-199.79	-189.7	-142.47	-126.6
Financing Cash Flow	-848.59	631.48	-364.93	-200.83	-296.47
Foreign Exchange Rate Adjustments	10.87	-7.95	3.82	2.63	11.52
Net Cash Flow	-184.21	200.91	182.28	47.04	-87.3
Free Cash Flow	654.51	-735.13	617.3	551.63	320.65
Free Cash Flow Growth	-	-	11.90%	72.03%	19.48%
Free Cash Flow Margin	14.57%	-17.70%	17.45%	18.18%	10.37%
Free Cash Flow Per Share	0.35	-0.40	0.33	0.30	0.17
Cash Interest Paid	-	199.79	189.7	142.47	126.6
Levered Free Cash Flow	285.04	-1,178	332.41	115.65	182.99
Unlevered Free Cash Flow	454	-1,026	490.4	234.78	258.49
Change in Working Capital	-254.92	-275.66	99.68	0.56	-19.11

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