QSE:MHAR 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	47.06	38.08	28.17	20.33	4.25
Depreciation & Amortization	19.94	19.61	18.56	16.75	7.78
Other Amortization	0.32	0.24	-	-	-
Loss (Gain) From Sale of Assets	-3.68	-0.88	-3	-0.59	-0.43
Asset Writedown & Restructuring Costs	0.1	-	-	0	0.02
Loss (Gain) on Equity Investments	-13.41	-11.7	-6.13	-0.86	-2.13
Provision & Write-off of Bad Debts	4.55	8.59	13.66	8.35	4.93
Other Operating Activities	4.24	-0.64	0.24	1.29	3.76
Change in Accounts Receivable	50.27	-41.75	9.15	13.68	21.23
Change in Inventory	12.67	27.9	-13.56	-38.36	-9.7
Change in Accounts Payable	-11	-16.79	-15.37	0.91	-22.9
Operating Cash Flow	111.05	22.64	31.72	21.5	6.79
Operating Cash Flow Growth	390.47%	-28.62%	47.55%	216.39%	-71.46%
Capital Expenditures	-10.17	-12.72	-11.04	-7.7	-5.37
Sale of Property, Plant & Equipment	4.1	1	3.5	1.06	0.62
Cash Acquisitions	-2.6	-	-	58.87	-
Sale (Purchase) of Intangibles	-0.22	-0.91	-	-	-
Investment in Securities	-20	-	-	-	-
Other Investing Activities	8.52	4.39	3	3	1.04
Investing Cash Flow	-20.36	-8.24	-4.54	55.23	-3.72
Long-Term Debt Issued	47.33	53.67	38.99	13.77	4.14
Long-Term Debt Repaid	-58.96	-66.91	-59.32	-27.29	-6.7
Net Debt Issued (Repaid)	-11.63	-13.24	-20.33	-13.52	-2.56
Common Dividends Paid	-24.84	-23.15	-10	-	-
Other Financing Activities	-	-	-4.44	-3.2	-2.02
Financing Cash Flow	-36.47	-36.39	-34.76	-16.72	-4.58
Net Cash Flow	54.22	-22	-7.58	60	-1.5
Free Cash Flow	100.88	9.92	20.68	13.8	1.42
Free Cash Flow Growth	916.75%	-52.02%	49.89%	869.40%	-92.09%
Free Cash Flow Margin	10.91%	1.24%	3.03%	2.42%	1.04%
Free Cash Flow Per Share	0.49	0.05	0.10	0.09	0.14
Cash Interest Paid	2.83	3.82	4.44	3.2	2.02
Cash Income Tax Paid	1.64	2.09	-	-	-
Levered Free Cash Flow	90.08	6.14	-6.07	-103.11	-0.71
Unlevered Free Cash Flow	92.96	9.74	-2.59	-100.62	0.81
Change in Working Capital	51.94	-30.65	-19.78	-23.78	-11.37

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