QSE:QGTS 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	1,688	1,637	1,558	1,439	1,353
Depreciation & Amortization	917.13	845	941.4	952.68	901.41
Loss (Gain) From Sale of Investments	-	8.03	-	-	-
Loss (Gain) on Equity Investments	-610.06	-675.36	-784.92	-689.37	-493.56
Provision & Write-off of Bad Debts	-	-	-	9.42	3.79
Other Operating Activities	-56.96	-168.19	-208.36	-15.72	-31.79
Change in Accounts Receivable	26.76	107.13	-60.35	77.16	11.98
Change in Inventory	-0.18	-0.93	0.41	2.43	-1.8
Change in Accounts Payable	417.95	-441.79	274.37	60.22	-14.96
Change in Other Net Operating Assets	13.43	146.25	96.99	8.7	-20.7
Operating Cash Flow	2,397	1,458	1,817	1,844	1,708
Operating Cash Flow Growth	64.43%	-19.80%	-1.47%	8.00%	-6.72%
Capital Expenditures	-1,892	-4,333	-616.12	-97.96	-14.24
Cash Acquisitions	122.61	-	-	-	-
Investment in Securities	-342.74	830.3	1,209	-1,079	-866.11
Other Investing Activities	416.39	652.62	391.06	1,319	796.74
Investing Cash Flow	-1,696	-2,850	984.04	142.48	-83.61
Long-Term Debt Issued	6,695	8,749	2,669	3,711	-
Long-Term Debt Repaid	-6,392	-6,884	-3,845	-4,796	-1,172
Net Debt Issued (Repaid)	303.06	1,865	-1,176	-1,085	-1,172
Issuance of Common Stock	-	-	-	-	1.48
Common Dividends Paid	-797.33	-1,178	-729.89	-660.21	-636.9
Other Financing Activities	-62.65	-57.98	-42.92	-55.55	-16.6
Financing Cash Flow	-556.93	629.55	-1,949	-1,801	-1,824
Net Cash Flow	143.67	-763.35	852.83	185.76	-199.71
Free Cash Flow	504.34	-2,876	1,201	1,746	1,694
Free Cash Flow Growth	-	-	-31.22%	3.12%	-1.20%
Free Cash Flow Margin	12.49%	-78.37%	33.13%	48.44%	47.17%
Free Cash Flow Per Share	0.09	-0.52	0.22	0.32	0.31
Cash Interest Paid	966.88	1,118	1,230	1,054	1,035
Levered Free Cash Flow	125.04	-3,293	760.04	1,028	1,389
Unlevered Free Cash Flow	758.47	-2,586	1,541	1,740	2,044
Change in Working Capital	457.96	-189.34	311.41	148.5	-25.48

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.