Mazaya Real Estate Development Q.P.S.C. (QSE:MRDS)

QSE:MRDS Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-69.99	29.69	41.01	-248.75	31.03
Depreciation & Amortization	0.54	0.37	1.68	1.71	2.53
Gain (Loss) on Sale of Assets	-1.69	-0.23	-	-	-
Gain (Loss) on Sale of Investments	7.5	1.5	1.5	1.5	1.5
Asset Writedown	-	-17.11	-	198.4	-3.65
Income (Loss) on Equity Investments	-0.28	-1.08	-0.11	0.35	0.93
Change in Accounts Receivable	-140.72	-15.23	3.11	-26.32	-6.94
Change in Accounts Payable	40.12	-19.72	-33.64	-	-
Change in Other Net Operating Assets	100.7	100.7	100.7	-116.12	104.28
Other Operating Activities	90.57	2.3	-25.55	-3.16	-65.27
Operating Cash Flow	4.27	81.19	88.69	-192.39	64.42
Operating Cash Flow Growth	-94.75%	-8.46%	-	-	-42.06%
Acquisition of Real Estate Assets	-391.9	-462.07	-0.38	-2.74	-1.17
Sale of Real Estate Assets	159.93	231.86	-	-	-
Net Sale / Acq. of Real Estate Assets	-231.97	-230.21	-0.38	-2.74	-1.17
Investment in Marketable & Equity Securities	-	0.8	-	-	59.5
Other Investing Activities	6.91	11.12	0.05	0.3	0.24
Investing Cash Flow	-225.06	-218.29	-0.33	-2.44	58.57
Long-Term Debt Issued	248.62	294.8	-	984.12	-
Long-Term Debt Repaid	-43.33	-16.44	-17.6	-790.69	-46.57
Net Debt Issued (Repaid)	205.28	278.36	-17.6	193.43	-46.57
Issuance of Common Stock	-	-	-	16.1	-
Repurchase of Common Stock	-	-	-	-	-8.98
Common Dividends Paid	-25	-	-1.05	-30.7	-0.92
Other Financing Activities	-69.96	-39.96	-42.31	-0.11	-0.35
Net Cash Flow	-110.47	101.29	27.39	-16.11	66.16
Cash Interest Paid	70.46	41.35	42.31	44.75	28.73
Cash Income Tax Paid	0.44	0.42	-	-	-
Levered Free Cash Flow	88.34	-156.04	34.47	-160.57	163.53
Unlevered Free Cash Flow	136.46	-119.91	60.92	-132.67	185.33
Change in Working Capital	-22.39	65.75	70.17	-142.44	97.34

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