Al Buhaira National Insurance

Al Buhaira National Insurance Company

ABNICStocksAbu Dhabi Securities ExchangeInsurance

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (AED)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operations
Operating Cash Flow	256.21M	105.36M	-66.61M	55.25M	60.60M
Free Cash Flow	254.42M	103.99M	-67.62M	53.77M	59.98M
Capital Expenditures	-1.80M	-1.37M	-1.00M	-1.48M	-0.62M
Investing & Financing
Investing Cash Flow	-53.62M	-63.30M	63.07M	24.23M	-2.56M
Financing Cash Flow	-201.77M	-8.26M	34.16M	-76.19M	-65.20M
Dividends Paid	—	—	—	-25.00M	-25.00M
Operating Activities
Operating Cash Flow	256.21M	105.36M	-66.61M	55.25M	60.60M
Net Income	5.67M	-34.36M	-132.76M	-33.87M	25.03M
Change Accounts Receivable Insurance	-0.43M	9.17M	—	—	-65.77M
Change in Working Capital	201.27M	122.10M	81.57M	104.31M	19.21M
Change Insurance Reserves Liabilities	98.72M	190.25M	-3.08M	157.37M	58.31M
Change Other Net Oper Assets Insurance	1.51M	4.92M	5.17M	-8.18M	—
Other Operating Activities Insurance	-9.69M	9.96M	-17.67M	-18.41M	-12.55M
Depreciation & Amortization	4.44M	4.66M	4.99M	4.37M	3.40M
Cash Interest Paid	13.02M	24.94M	18.88M	11.19M	10.65M
Reinsurance Recoverable CF	38.39M	-67.04M	79.48M	-44.88M	26.67M
Investing Activities
Investing Cash Flow	-53.62M	-63.30M	63.07M	24.23M	-2.56M
Capex Insurance	-1.80M	-1.37M	-1.00M	-1.48M	-0.62M
Investment in Securities	-0.28M	—	-0.06M	-31.07M	0.01M
Other Investing Activities	-53.68M	-57.72M	66.68M	61.64M	0.21M
Sale of Property, Plant & Equipment	2.13M	—	—	0.11M	0.00M
Gain Assets CF Insurance	—	—	—	-0.11M	-0.00M
Financing Activities
Financing Cash Flow	-201.77M	-8.26M	34.16M	-76.19M	-65.20M
Common Dividends Paid	—	—	—	-25.00M	-25.00M
Long-Term Debt Issued	—	21.09M	57.85M	—	—
Long-Term Debt Repaid	-188.75M	-4.42M	-4.81M	-40.01M	-29.55M
Net Debt Issued Insurance	-188.75M	16.67M	53.04M	-40.01M	-29.55M
Other Financing Activities Insurance	-13.02M	-24.94M	-18.88M	-11.19M	-10.65M
Total Debt Repaid Insurance	-188.75M	-4.42M	-4.81M	-40.01M	-29.55M
Free Cash Flow & Returns
Free Cash Flow	254.42M	103.99M	-67.62M	53.77M	59.98M
Free Cash Flow Growth	+144.7%	—	—	-10.3%	-42.6%
Free Cash Flow Margin	+32.4%	+15.2%	-17.8%	+23.5%	+15.5%
Free Cash Flow Per Share	1.02	0.42	-0.27	0.22	0.24
Levered Free Cash Flow	140.16M	-62.38M	-279.28M	109.05M	36.59M
Unlevered Free Cash Flow	148.46M	-46.67M	-267.25M	116.44M	44.42M
Operating Cash Flow Growth	+143.2%	—	—	-8.8%	-42.6%
Net Cash Flow	0.82M	33.80M	30.61M	3.29M	-7.16M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (AED)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operations
Operating Cash Flow	256.21M	105.36M	-66.61M	55.25M	60.60M
Free Cash Flow	254.42M	103.99M	-67.62M	53.77M	59.98M
Capital Expenditures	-1.80M	-1.37M	-1.00M	-1.48M	-0.62M
Investing & Financing
Investing Cash Flow	-53.62M	-63.30M	63.07M	24.23M	-2.56M
Financing Cash Flow	-201.77M	-8.26M	34.16M	-76.19M	-65.20M
Dividends Paid	—	—	—	-25.00M	-25.00M
Operating Activities
Operating Cash Flow	256.21M	105.36M	-66.61M	55.25M	60.60M
Net Income	5.67M	-34.36M	-132.76M	-33.87M	25.03M
Change Accounts Receivable Insurance	-0.43M	9.17M	—	—	-65.77M
Change in Working Capital	201.27M	122.10M	81.57M	104.31M	19.21M
Change Insurance Reserves Liabilities	98.72M	190.25M	-3.08M	157.37M	58.31M
Change Other Net Oper Assets Insurance	1.51M	4.92M	5.17M	-8.18M	—
Other Operating Activities Insurance	-9.69M	9.96M	-17.67M	-18.41M	-12.55M
Depreciation & Amortization	4.44M	4.66M	4.99M	4.37M	3.40M
Cash Interest Paid	13.02M	24.94M	18.88M	11.19M	10.65M
Reinsurance Recoverable CF	38.39M	-67.04M	79.48M	-44.88M	26.67M
Investing Activities
Investing Cash Flow	-53.62M	-63.30M	63.07M	24.23M	-2.56M
Capex Insurance	-1.80M	-1.37M	-1.00M	-1.48M	-0.62M
Investment in Securities	-0.28M	—	-0.06M	-31.07M	0.01M
Other Investing Activities	-53.68M	-57.72M	66.68M	61.64M	0.21M
Sale of Property, Plant & Equipment	2.13M	—	—	0.11M	0.00M
Gain Assets CF Insurance	—	—	—	-0.11M	-0.00M
Financing Activities
Financing Cash Flow	-201.77M	-8.26M	34.16M	-76.19M	-65.20M
Common Dividends Paid	—	—	—	-25.00M	-25.00M
Long-Term Debt Issued	—	21.09M	57.85M	—	—
Long-Term Debt Repaid	-188.75M	-4.42M	-4.81M	-40.01M	-29.55M
Net Debt Issued Insurance	-188.75M	16.67M	53.04M	-40.01M	-29.55M
Other Financing Activities Insurance	-13.02M	-24.94M	-18.88M	-11.19M	-10.65M
Total Debt Repaid Insurance	-188.75M	-4.42M	-4.81M	-40.01M	-29.55M
Free Cash Flow & Returns
Free Cash Flow	254.42M	103.99M	-67.62M	53.77M	59.98M
Free Cash Flow Growth	+144.7%	—	—	-10.3%	-42.6%
Free Cash Flow Margin	+32.4%	+15.2%	-17.8%	+23.5%	+15.5%
Free Cash Flow Per Share	1.02	0.42	-0.27	0.22	0.24
Levered Free Cash Flow	140.16M	-62.38M	-279.28M	109.05M	36.59M
Unlevered Free Cash Flow	148.46M	-46.67M	-267.25M	116.44M	44.42M
Operating Cash Flow Growth	+143.2%	—	—	-8.8%	-42.6%
Net Cash Flow	0.82M	33.80M	30.61M	3.29M	-7.16M