Phoenix Power Company SAOG (MSM:PHPC)

MSM:PHPC Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	25.46	23	21.92	20.36	16.86	16.39
Depreciation & Amortization	16.15	16.15	16.14	16.12	16.12	16.14
Other Amortization	0.51	0.51	0.61	0.71	-	-
Change in Accounts Receivable	-1.73	-0.08	-0.82	55.13	7.19	-16.33
Change in Inventory	-0.03	-0.1	-0.05	-0.11	0.49	-0.38
Change in Accounts Payable	3.15	1.81	0.06	-47.82	-4.27	15.5
Other Operating Activities	0.15	3.49	3.94	3.5	3.9	3.63
Operating Cash Flow	43.66	44.78	41.81	47.89	40.27	34.93
Operating Cash Flow Growth	0.01%	7.12%	-12.71%	18.92%	15.29%	28.15%
Capital Expenditures	-	-	-0.07	-0.01	-	-
Other Investing Activities	-3.82	-1.29	-6.72	0.19	-	-
Investing Cash Flow	-3.82	-1.29	-6.79	0.18	-	-
Long-Term Debt Repaid	-	-36.63	-34.78	-32.18	-29.89	-29.88
Net Debt Issued (Repaid)	-36.86	-36.63	-34.78	-32.18	-29.89	-29.88
Other Financing Activities	-7.63	-7.68	-7.8	-5.95	-5.7	-6.95
Financing Cash Flow	-44.49	-44.31	-42.58	-38.13	-35.6	-36.82
Net Cash Flow	-4.66	-0.82	-7.56	9.94	4.68	-1.89
Free Cash Flow	43.66	44.78	41.74	47.88	40.27	34.93
Free Cash Flow Growth	0.02%	7.30%	-12.83%	18.88%	15.29%	28.15%
Free Cash Flow Margin	25.04%	26.69%	26.33%	32.10%	27.55%	25.79%
Free Cash Flow Per Share	0.03	0.03	0.03	0.03	0.03	0.02
Cash Interest Paid	8.36	9.36	11.04	12.17	13.39	15.02
Cash Income Tax Paid	3.66	0.35	-	-	-	-
Levered Free Cash Flow	36.97	38.59	31.97	30.05	31.52	29.9
Unlevered Free Cash Flow	41.79	44.4	38.8	37.56	40.64	40.09
Change in Working Capital	1.39	1.63	-0.81	7.2	3.4	-1.22

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.