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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	2.53	11.27	1.9	5.35	12.27	-30.34
Depreciation & Amortization	1.49	0.33	0.17	0.16	0.2	0.21
Other Amortization	0.02	0.03	0	0.01	0.01	0.01
Gain (Loss) on Sale of Assets	-1.87	-1.08	0.25	-0.92	-	0
Gain (Loss) on Sale of Investments	-4.51	-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	-1.49	-1.66	-0.09	0.27	-1.52	-2.77
Change in Accounts Payable	-1.91	-1.05	0.46	-0.49	1.24	-2.14
Other Operating Activities	70.18	-2.63	-3.97	-2.58	-0.39	-1.26
Operating Cash Flow	68.52	-0.32	7.79	10.02	7.72	5.31
Operating Cash Flow Growth	788.80%	-	-22.21%	29.76%	45.40%	-52.96%
Acquisition of Real Estate Assets	-60.44	-1.71	-8.14	-6.45	-4.63	-1.48
Sale of Real Estate Assets	63.52	62.18	15.76	9.12	-	-
Net Sale / Acq. of Real Estate Assets	3.08	60.47	7.63	2.67	-4.63	-1.48
Investment in Marketable & Equity Securities	-43.94	4.76	-2.17	-20.32	21.68	-10.01
Other Investing Activities	0.91	2.44	2.86	1.43	0.33	1.24
Investing Cash Flow	-39.95	67.61	8.18	-16.22	17.38	-10.27
Long-Term Debt Repaid	-	-0.64	-	-	-	-
Net Debt Issued (Repaid)	8.37	-0.64	-	-	-	-
Common Dividends Paid	-	-	-17.81	-0.47	-39.23	-0.58
Other Financing Activities	1.1	-	-	-	-	-
Foreign Exchange Rate Adjustments	-	-	-	-	-0.02	-0.03
Net Cash Flow	38.04	66.65	-1.84	-6.68	-14.16	-5.57
Levered Free Cash Flow	-105.74	0.08	-4.3	-2.65	-45.13	1.23
Unlevered Free Cash Flow	-105.54	0.1	-4.3	-2.65	-45.13	1.23
Change in Working Capital	2.28	-2.71	0.38	-0.22	-0.28	-4.91

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