MSM:NFCI Cash Flow Statement

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

Millions OMR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2024	FY 2023	FY 2023	FY 2022	2017 - 2021
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Mar '24 Mar 31, 2024	Dec '23 Dec 31, 2023	Mar '23 Mar 31, 2023	Dec '22 Dec 31, 2022	2017 - 2021
Net Income	13	12.11	-	11.11	-	10.13	Upgrade
Depreciation & Amortization	1.12	1.1	-	0.83	-	0.83	Upgrade
Other Amortization	0.11	0.11	-	0.09	-	0.07	Upgrade
Provision for Credit Losses	5.64	4.65	-	2.06	-	4.07	Upgrade
Change in Accounts Payable	8.36	3.31	-	1.74	-	4.57	Upgrade
Change in Other Net Operating Assets	-50.18	-45.79	-	6.98	-	-14.15	Upgrade
Other Operating Activities	3.08	-0.46	-	0.81	-	2.68	Upgrade
Operating Cash Flow	-20.31	-24.98	-	23.62	-	6.41	Upgrade
Operating Cash Flow Growth	-	-	-	-	-	22.44%	Upgrade
Capital Expenditures	-1.25	-1.05	-	-0.55	-	-0.36	Upgrade
Sale of Property, Plant & Equipment	0.01	0.01	-	0	-	0.1	Upgrade
Sale (Purchase) of Intangibles	-0.12	-0.1	-	-0.13	-	-0.06	Upgrade
Investing Cash Flow	-1.36	-1.14	-	-0.68	-	-0.32	Upgrade
Long-Term Debt Issued	-	35	-	-	-	-	Upgrade
Total Debt Issued	35	35	-	-	-	-	Upgrade
Long-Term Debt Repaid	-	-	-	-18.2	-	-	Upgrade
Total Debt Repaid	-	-	-	-18.2	-	-	Upgrade
Net Debt Issued (Repaid)	35	35	-	-18.2	-	-	Upgrade
Common Dividends Paid	-5.51	-5.51	-	-4.33	-	-4.33	Upgrade
Other Financing Activities	-2.71	-1.36	-	-0.72	-	-1.46	Upgrade
Financing Cash Flow	26.78	28.13	-	-23.25	-	-5.79	Upgrade
Net Cash Flow	5.11	2.02	-	-0.32	-	0.3	Upgrade
Free Cash Flow	-21.56	-26.02	-	23.07	-	6.05	Upgrade
Free Cash Flow Growth	-	-	-	-	-	21.64%	Upgrade
Free Cash Flow Margin	-69.88%	-88.06%	-	87.70%	-	25.15%	Upgrade
Free Cash Flow Per Share	-0.04	-0.04	-	0.04	-	0.01	Upgrade
Cash Interest Paid	30.85	30.85	-	23.57	-	19.14	Upgrade
Cash Income Tax Paid	1.7	2.25	-	1.42	-	2.74	Upgrade

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