QSE:MFMS 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	40.27	54	71.35	97.37
Depreciation & Amortization	4	4.41	5.04	7.11
Other Amortization	0.75	0.69	0.67	0.41
Loss (Gain) From Sale of Assets	-0	-0	-0	-
Loss (Gain) on Equity Investments	0.22	-6	-14.04	-4.64
Stock-Based Compensation	-	-	3.76	-
Provision & Write-off of Bad Debts	1.13	0.96	-	-
Other Operating Activities	-3.63	-3.35	-8.05	3.12
Change in Accounts Receivable	-8.95	2.23	14.34	-9.48
Change in Accounts Payable	-3.62	-12.79	-9.75	11.4
Change in Other Net Operating Assets	-5.01	6.28	-0.37	-1.96
Operating Cash Flow	25.16	46.43	62.95	103.33
Operating Cash Flow Growth	-45.82%	-26.24%	-39.08%	-
Capital Expenditures	-0.11	-0.39	-0.12	-1.19
Sale of Property, Plant & Equipment	0	0	0.13	0
Sale (Purchase) of Intangibles	-1.1	-	-0.7	-2.09
Other Investing Activities	3.72	41.48	-18.22	2.82
Investing Cash Flow	2.5	41.09	-18.9	-0.45
Short-Term Debt Issued	68.05	-	-	-
Total Debt Issued	68.05	-	-	-
Long-Term Debt Repaid	-3.78	-3.84	-4.69	-6.75
Net Debt Issued (Repaid)	64.27	-3.84	-4.69	-6.75
Common Dividends Paid	-	-40.5	-67.5	-88.01
Financing Cash Flow	64.27	-44.34	-72.19	-94.75
Net Cash Flow	91.93	43.18	-28.15	8.12
Free Cash Flow	25.04	46.04	62.82	102.14
Free Cash Flow Growth	-45.60%	-26.72%	-38.49%	-
Free Cash Flow Margin	17.21%	30.98%	34.68%	37.60%
Free Cash Flow Per Share	0.41	30.69	41.88	-
Levered Free Cash Flow	120.38	30.46	43.69	-
Unlevered Free Cash Flow	120.38	30.46	43.88	-
Change in Working Capital	-17.57	-4.28	4.22	-0.04

Source: S&P Global Market Intelligence. Standard template. Financial Sources.