QSE:MHAR 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	45.4	38.08	28.17	20.33	4.25	-8.01
Depreciation & Amortization	20.12	19.84	18.56	16.75	7.78	7.35
Loss (Gain) From Sale of Assets	-3.24	-0.88	-3	-0.59	-0.43	-3.48
Asset Writedown & Restructuring Costs	-	-	-	0	0.02	0.12
Loss (Gain) on Equity Investments	-12.13	-11.7	-6.13	-0.86	-2.13	3.56
Provision & Write-off of Bad Debts	6.79	8.59	13.66	8.35	4.93	3.84
Other Operating Activities	5.77	1.45	0.24	1.29	3.76	-4.47
Change in Accounts Receivable	4.41	-41.75	9.15	13.68	21.23	-5.62
Change in Inventory	61.46	29.63	-13.56	-38.36	-9.7	11.21
Change in Accounts Payable	-47.33	-16.79	-15.37	0.91	-22.9	19.3
Operating Cash Flow	78.97	26.46	31.72	21.5	6.79	23.81
Operating Cash Flow Growth	41.73%	-16.57%	47.55%	216.39%	-71.46%	-
Capital Expenditures	-14.55	-13.63	-11.04	-7.7	-5.37	-5.83
Sale of Property, Plant & Equipment	3.64	1	3.5	1.06	0.62	5.1
Cash Acquisitions	-2.6	-	-	58.87	-	-
Sale (Purchase) of Real Estate	-	-	-	-	-	-15.21
Investment in Securities	-20	-	-	-	-	2.06
Other Investing Activities	1.75	4.39	3	3	1.04	0.45
Investing Cash Flow	-31.76	-8.24	-4.54	55.23	-3.72	-13.42
Long-Term Debt Issued	-	53.67	38.99	13.77	4.14	-
Long-Term Debt Repaid	-	-66.91	-59.32	-27.29	-6.7	-3.43
Net Debt Issued (Repaid)	-14.35	-13.24	-20.33	-13.52	-2.56	-3.43
Common Dividends Paid	-24.84	-23.15	-10	-	-	-
Other Financing Activities	-3.14	-3.82	-4.44	-3.2	-2.02	-
Financing Cash Flow	-42.33	-40.22	-34.76	-16.72	-4.58	-3.43
Foreign Exchange Rate Adjustments	-	-	-	-	-	0.01
Net Cash Flow	4.88	-22	-7.58	60	-1.5	6.97
Free Cash Flow	64.42	12.83	20.68	13.8	1.42	17.98
Free Cash Flow Growth	41.39%	-37.95%	49.89%	869.40%	-92.09%	-
Free Cash Flow Margin	6.75%	1.60%	3.03%	2.42%	1.04%	12.75%
Free Cash Flow Per Share	0.31	0.06	0.10	0.09	0.14	-
Cash Interest Paid	3.14	3.82	4.44	3.2	2.02	1.64
Cash Income Tax Paid	1.78	2.09	-	-	-	-
Levered Free Cash Flow	54.32	6.14	-6.07	-103.11	-0.71	-
Unlevered Free Cash Flow	57.39	9.74	-2.59	-100.62	0.81	-
Change in Working Capital	16.26	-28.92	-19.78	-23.78	-11.37	24.89

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