CBSE:ADH Cash Flow Statement

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

Millions MAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Net Income	351.84	274.18	174.71	37.52	-88.28	-744.35	Upgrade
Depreciation & Amortization	1,656	1,656	5,840	18.51	17.51	-503.62	Upgrade
Other Amortization	163.23	163.23	-	-	-	-	Upgrade
Loss (Gain) From Sale of Assets	-	-	-0.68	-0.65	-	64.06	Upgrade
Other Operating Activities	-1,658	-1,567	-5,589	-40.7	-88.46	12.64	Upgrade
Change in Other Net Operating Assets	-83.78	-302.66	37.62	-168.97	625.35	1,379	Upgrade
Operating Cash Flow	428.7	223.06	462	-154.29	466.13	207.91	Upgrade
Operating Cash Flow Growth	-17.44%	-51.72%	-	-	124.20%	-56.12%	Upgrade
Capital Expenditures	-49.33	-30.18	-0.28	-21.26	-158.86	-6.7	Upgrade
Sale of Property, Plant & Equipment	-2.87	-	40.59	0.94	-	11.1	Upgrade
Cash Acquisitions	-	-	-	-0.31	-	-	Upgrade
Divestitures	-	-	-	-	-	7.72	Upgrade
Other Investing Activities	-90.53	-13.41	-55.15	-7.42	-56.12	-	Upgrade
Investing Cash Flow	-142.72	-43.59	-14.83	-28.04	-214.98	12.12	Upgrade
Long-Term Debt Issued	-	550.4	325.51	412.24	1,882	584.12	Upgrade
Long-Term Debt Repaid	-	-967.53	-663.93	-295.13	-1,940	-1,309	Upgrade
Net Debt Issued (Repaid)	81.37	-417.13	-338.42	117.1	-57.51	-725.26	Upgrade
Issuance of Common Stock	-	-	-	-	-	203.48	Upgrade
Common Dividends Paid	-201.28	-	-	-	-	-	Upgrade
Other Financing Activities	-8.33	0.23	1.2	0.64	-61.53	-7.4	Upgrade
Financing Cash Flow	-128.23	-416.9	-337.22	117.74	-119.04	-529.18	Upgrade
Miscellaneous Cash Flow Adjustments	-	-	0	-	-	0	Upgrade
Net Cash Flow	157.74	-237.44	109.95	-64.58	132.11	-309.15	Upgrade
Free Cash Flow	379.37	192.87	461.72	-175.54	307.27	201.21	Upgrade
Free Cash Flow Growth	-26.92%	-58.23%	-	-	52.71%	-56.85%	Upgrade
Free Cash Flow Margin	17.21%	7.43%	21.63%	-12.74%	25.68%	17.15%	Upgrade
Free Cash Flow Per Share	0.94	0.48	1.15	-0.44	0.77	0.50	Upgrade
Levered Free Cash Flow	1,750	1,631	5,785	-260.12	208	186.75	Upgrade
Unlevered Free Cash Flow	1,900	1,794	5,967	-92.54	394.19	379.12	Upgrade
Change in Working Capital	-83.78	-302.66	37.62	-168.97	625.35	1,379	Upgrade

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