Al Khaleej Investment P.J.S.C. (ADX:KICO)

ADX:KICO Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	4.79	11.27	1.9	5.35	12.27	-30.34
Depreciation & Amortization	0.85	0.33	0.17	0.16	0.2	0.21
Other Amortization	0.03	0.03	0	0.01	0.01	0.01
Gain (Loss) on Sale of Assets	-1.21	-1.08	0.25	-0.92	-	0
Gain (Loss) on Sale of Investments	0.32	-3.74	8.24	8.32	-14.35	5.28
Asset Writedown	-0.16	-0.16	0.84	-0.98	10.22	35.21
Change in Accounts Receivable	-1.48	-1.66	-0.09	0.27	-1.52	-2.77
Change in Accounts Payable	-1.83	-1.05	0.46	-0.49	1.24	-2.14
Other Operating Activities	-2.18	-2.63	-3.97	-2.58	-0.39	-1.26
Operating Cash Flow	4.38	-0.32	7.79	10.02	7.72	5.31
Operating Cash Flow Growth	-37.99%	-	-22.21%	29.76%	45.40%	-52.96%
Acquisition of Real Estate Assets	-69.48	-1.71	-8.14	-6.45	-4.63	-1.48
Sale of Real Estate Assets	65.83	62.18	15.76	9.12	-	-
Net Sale / Acq. of Real Estate Assets	-3.65	60.47	7.63	2.67	-4.63	-1.48
Investment in Marketable & Equity Securities	-16.86	4.76	-2.17	-20.32	21.68	-10.01
Other Investing Activities	3.12	2.44	2.86	1.43	0.33	1.24
Investing Cash Flow	-17.39	67.61	8.18	-16.22	17.38	-10.27
Long-Term Debt Repaid	-	-0.64	-	-	-	-
Net Debt Issued (Repaid)	8.85	-0.64	-	-	-	-
Common Dividends Paid	-	-	-17.81	-0.47	-39.23	-0.58
Other Financing Activities	-0.14	-	-	-	-	-
Foreign Exchange Rate Adjustments	-	-	-	-	-0.02	-0.03
Net Cash Flow	-4.3	66.65	-1.84	-6.68	-14.16	-5.57
Levered Free Cash Flow	-100.66	0.08	-4.3	-2.65	-45.13	1.23
Unlevered Free Cash Flow	-100.56	0.1	-4.3	-2.65	-45.13	1.23
Change in Net Working Capital	102.23	3.18	9.44	7.82	50.21	4.39

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