QSE:QAMC 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	767.72	614.48	446.01	919.09	834.54
Loss (Gain) on Equity Investments	-720.97	-547.04	-392.26	-899.85	-831.87
Other Operating Activities	-73.97	-85.78	-85.3	-46.62	-13.9
Change in Accounts Receivable	-	-	2.77	-8.24	-9
Change in Accounts Payable	0.02	-0.06	0.07	-0.03	-0.02
Change in Other Net Operating Assets	0.48	-0.52	0.09	-3.51	1.92
Operating Cash Flow	-26.73	-18.91	-28.62	-39.17	-18.33
Investment in Securities	-206.92	-258.04	-181.73	26.6	-245.67
Other Investing Activities	772.59	488.04	744.07	468.93	663.09
Investing Cash Flow	565.67	230	562.33	495.52	417.42
Common Dividends Paid	-518.95	-558.01	-477.47	-414.72	-184.96
Other Financing Activities	-9.62	-17.65	-24.74	-31.69	-10.34
Financing Cash Flow	-528.57	-575.67	-502.21	-446.41	-195.3
Net Cash Flow	10.37	-364.58	31.5	9.94	203.79
Levered Free Cash Flow	5.72	-35.96	-14.93	-15.52	4.54
Unlevered Free Cash Flow	5.72	-35.96	-14.93	-15.52	4.54
Change in Working Capital	0.5	-0.58	2.93	-11.79	-7.1

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