KWSE:MADAR Cash Flow Statement

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

Millions KWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	2020 - 2016
Net Income	0.07	0.15	0.01	0.02	0	Upgrade
Depreciation & Amortization	-	-	-	0	0	Upgrade
Gain (Loss) on Sale of Assets	-	-	-	-	-0.1	Upgrade
Gain (Loss) on Sale of Investments	-0.08	-0.28	0.04	0.01	-0.07	Upgrade
Asset Writedown	-0.09	0.38	-0.06	-0.18	-0.32	Upgrade
Change in Accounts Receivable	0.05	-0.03	0.07	-	-	Upgrade
Change in Other Net Operating Assets	-0.36	-0.01	-0.02	0.2	2.45	Upgrade
Other Operating Activities	-0.25	-0.39	-0.02	0.02	0.27	Upgrade
Operating Cash Flow	-0.66	-0.18	0	-0.3	2.92	Upgrade
Operating Cash Flow Growth	-	-	-	-	54.53%	Upgrade
Acquisition of Real Estate Assets	-	-0.02	-	-0.17	-4.9	Upgrade
Sale of Real Estate Assets	0.23	-	-	-	1.74	Upgrade
Net Sale / Acq. of Real Estate Assets	0.23	-0.02	-	-0.17	-3.15	Upgrade
Investment in Marketable & Equity Securities	0.61	0.23	0.16	-	0.47	Upgrade
Other Investing Activities	0.02	0.02	-0.04	0.02	0.01	Upgrade
Investing Cash Flow	0.86	0.23	0.12	-0.15	-2.68	Upgrade
Short-Term Debt Repaid	-	-0.06	-0.07	-	-	Upgrade
Long-Term Debt Repaid	-0.08	-0.1	-	-	-	Upgrade
Total Debt Repaid	-0.08	-0.16	-0.07	-	-	Upgrade
Net Debt Issued (Repaid)	-0.08	-0.16	-0.07	-	-	Upgrade
Other Financing Activities	-0.05	-0.06	-0.04	-0.04	-0.02	Upgrade
Foreign Exchange Rate Adjustments	-	-	-	-0.07	0.01	Upgrade
Net Cash Flow	0.06	-0.17	0.01	-0.55	0.23	Upgrade
Cash Interest Paid	0.05	0.06	0.04	0.04	0.02	Upgrade
Levered Free Cash Flow	-0.51	2.88	-3.34	6.82	1.67	Upgrade
Unlevered Free Cash Flow	-0.48	2.91	-3.31	6.84	1.69	Upgrade
Change in Working Capital	-0.3	-0.04	0.05	-0.17	3.2	Upgrade

Source: S&P Capital IQ. Real Estate template. Financial Sources.