MSM:OQEP Cash Flow Statement

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

Millions OMR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
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
Net Income	278.04	321.34	620.17	633.85	506.6
Depreciation & Amortization	288.65	277.91	384.86	419.09	165.79
Loss (Gain) From Sale of Assets	-	-	-274.66	-	-
Asset Writedown & Restructuring Costs	-	9.33	-	-	-
Provision & Write-off of Bad Debts	-	-	-0.32	-	-
Other Operating Activities	-26.14	-105.67	77.38	106.62	-3.86
Change in Accounts Receivable	23.91	73.55	83.62	-	-
Change in Inventory	3.35	-2.03	10.91	-	-
Change in Accounts Payable	-40.93	-76.46	-128.5	-	-
Change in Other Net Operating Assets	-4.34	-1.73	33.19	-	-
Operating Cash Flow	522.54	496.24	806.65	1,160	668.54
Operating Cash Flow Growth	5.30%	-38.48%	-30.44%	73.45%	-
Capital Expenditures	-257.54	-245.63	-265.01	-373.69	-343.33
Divestitures	-	-	400.14	-	-
Other Investing Activities	47.84	49.14	8.58	16.32	9.63
Investing Cash Flow	-209.7	-196.49	143.71	-357.37	-333.7
Long-Term Debt Issued	-	382.81	83.84	-	-
Long-Term Debt Repaid	-9.47	-582.18	-687.67	-	-
Net Debt Issued (Repaid)	-9.47	-199.37	-603.83	-	-
Common Dividends Paid	-274.88	-173.03	-315.63	-439	-
Other Financing Activities	-28.81	-13.95	67.44	-339.02	-324.62
Financing Cash Flow	-313.16	-386.35	-852.02	-778.02	-324.62
Net Cash Flow	-0.32	-86.61	98.34	24.17	10.22
Free Cash Flow	265	250.6	541.64	785.87	325.21
Free Cash Flow Growth	5.74%	-53.73%	-31.08%	141.65%	-
Free Cash Flow Margin	22.47%	19.82%	50.94%	56.55%	33.99%
Free Cash Flow Per Share	0.03	0.03	0.07	31.43	-
Cash Interest Paid	20.27	9.72	16.61	-	-
Cash Income Tax Paid	10.14	78.78	3.58	-	-
Levered Free Cash Flow	395.12	396.5	461.13	531.6	-
Unlevered Free Cash Flow	408.98	402.57	471.31	542.92	-
Change in Working Capital	-18	-6.67	-0.78	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.