Qatar National Cement Company (Q.P.S.C.) (QSE:QNCD)

QSE:QNCD Cash Flow Statement

Financials in millions QAR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	132.66	159.83	205.1	227.1	224.53	148.46
Depreciation & Amortization	9.42	48.93	112.53	113.2	114.97	146.35
Loss (Gain) From Sale of Assets	-5.33	-5.33	-	-	-0	-
Asset Writedown & Restructuring Costs	-	-	-	-	13.88	-
Loss (Gain) on Equity Investments	-0.57	-1.09	-3.6	-3.38	-1.83	-1.06
Provision & Write-off of Bad Debts	0.47	0.47	0.41	0.67	0.08	0.43
Other Operating Activities	-48.11	-52.27	-73.04	-44.27	-21.57	-24.25
Change in Accounts Receivable	95.95	76.3	91.65	-38.39	-24.95	84.15
Change in Inventory	147.39	-14.99	-246.9	12.8	160.67	30.77
Change in Accounts Payable	-65.64	-63.7	-48.76	-9.79	52.68	-47.06
Operating Cash Flow	265.92	148.15	37.39	257.95	518.47	337.78
Operating Cash Flow Growth	907.15%	296.26%	-85.51%	-50.25%	53.50%	394.72%
Capital Expenditures	-28.22	-11.8	-15.6	-6.72	-3.85	-13.31
Sale of Property, Plant & Equipment	7.53	7.53	-	-	0.04	-
Sale (Purchase) of Intangibles	-1.53	-1.1	-0.27	-	-	-
Investment in Securities	-235.9	-227.51	27.08	-296.5	-3.25	27.79
Other Investing Activities	46.23	49.84	57.42	35.36	22.92	19.47
Investing Cash Flow	-211.9	-183.04	68.64	-267.86	15.86	33.96
Long-Term Debt Repaid	-	-	-	-	-	-91.25
Net Debt Issued (Repaid)	-0.35	-	-	-	-	-91.25
Common Dividends Paid	-176.55	-196.06	-196.06	-196.06	-130.71	-196.06
Financing Cash Flow	-177.09	-196.06	-196.06	-196.06	-130.71	-287.31
Net Cash Flow	-123.07	-230.94	-90.03	-205.96	403.63	84.42
Free Cash Flow	237.69	136.35	21.79	251.23	514.62	324.47
Free Cash Flow Growth	1426.63%	525.77%	-91.33%	-51.18%	58.61%	780.51%
Free Cash Flow Margin	61.42%	34.35%	4.73%	35.45%	62.42%	49.19%
Free Cash Flow Per Share	0.36	0.21	0.03	0.38	0.79	0.50
Levered Free Cash Flow	232.15	131.04	9.16	225.73	451.09	183.37
Unlevered Free Cash Flow	232.15	131.04	9.16	225.73	451.09	183.67
Change in Net Working Capital	-204.36	-32.4	168.01	-3.08	-197.48	27.18

Updated Jan 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.