MEEZA QSTP LLC (Public) 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	2020
Period Ending	Mar '25 Mar 31, 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	2020
Net Income	61.88	60.43	60.22	52.13	44.02	34.79	Upgrade
Depreciation & Amortization	56.07	56.38	58.6	60.44	52.7	64.7	Upgrade
Asset Writedown & Restructuring Costs	-	-	-	-	-	0.73	Upgrade
Provision & Write-off of Bad Debts	2.23	1.23	2.2	-0.27	3.96	0.99	Upgrade
Other Operating Activities	-0.67	-0.54	-4.19	5.87	4.73	3.21	Upgrade
Change in Accounts Receivable	100.06	26.49	-58.03	-17.6	-68.82	25.64	Upgrade
Change in Accounts Payable	-34.21	-12.1	-3.73	-5.46	27.97	18.41	Upgrade
Change in Unearned Revenue	-10.62	-8.1	19.21	-16.89	24.24	-25.52	Upgrade
Change in Other Net Operating Assets	-30.88	-2.05	21.94	19.28	11.33	-10.29	Upgrade
Operating Cash Flow	143.87	121.74	96.21	97.5	100.14	112.65	Upgrade
Operating Cash Flow Growth	144.27%	26.54%	-1.33%	-2.63%	-11.11%	98.06%	Upgrade
Capital Expenditures	-18.33	-18.82	-14.43	-53.81	-208.18	-157.66	Upgrade
Other Investing Activities	10.31	9.91	13.04	3.69	2.19	3.48	Upgrade
Investing Cash Flow	-8.02	-8.91	-1.39	-50.13	-205.99	-154.18	Upgrade
Long-Term Debt Issued	-	-	-	-	88.24	60.17	Upgrade
Long-Term Debt Repaid	-	-31.27	-29.82	-13.67	-12.71	-12.86	Upgrade
Net Debt Issued (Repaid)	-5.66	-31.27	-29.82	-13.67	75.53	47.31	Upgrade
Common Dividends Paid	-51.92	-52.69	-18.43	-66	-	-33	Upgrade
Financing Cash Flow	-57.58	-83.96	-48.25	-79.67	75.53	14.31	Upgrade
Net Cash Flow	78.27	28.87	46.57	-32.29	-30.33	-27.23	Upgrade
Free Cash Flow	125.54	102.92	81.78	43.69	-108.04	-45.01	Upgrade
Free Cash Flow Growth	202.24%	25.86%	87.17%	-	-	-	Upgrade
Free Cash Flow Margin	33.40%	27.50%	19.34%	12.38%	-32.90%	-15.80%	Upgrade
Free Cash Flow Per Share	0.19	0.16	0.13	0.07	-	-	Upgrade
Cash Interest Paid	7.88	8.54	9.28	6.49	1.34	0.86	Upgrade
Levered Free Cash Flow	99.67	72.53	53.99	3.11	-127.6	-62.69	Upgrade
Unlevered Free Cash Flow	109.74	83.06	65.05	12.57	-121.25	-57.15	Upgrade
Change in Net Working Capital	-30.03	-3.75	19.67	33.79	-1.5	-11.27	Upgrade

Updated Feb 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.