Financials

Income Statement Balance Sheet Cash Flow Ratios

Quarterly (AED)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Operations
Operating Cash Flow	364.37M	-56.90M	186.09M	-49.99M	-17.67M
Free Cash Flow	344.81M	-60.07M	184.12M	-54.11M	-26.15M
Capital Expenditures	-19.56M	-3.16M	-1.97M	-4.12M	-8.48M
Investing & Financing
Investing Cash Flow	-87.53M	-117.92M	-41.90M	357.36M	-64.84M
Financing Cash Flow	1.36M	-1.74M	-0.36M	-258.17M	0.04M
Dividends Paid	—	—	—	-256.50M	—
Share Repurchase	—	—	—	—	—
Operating Activities
Operating Cash Flow	364.37M	-56.90M	186.09M	-49.99M	-17.67M
Net Income	127.53M	119.21M	111.53M	116.78M	111.64M
Change Accounts Payable Insurance	—	—	—	—	—
Change Accounts Receivable Insurance	241.40M	-66.35M	124.44M	-134.40M	-85.48M
Change in Unearned Revenue	—	—	—	—	—
Change in Working Capital	291.62M	-87.50M	125.96M	-121.20M	-93.13M
Change Insurance Reserves Liabilities	—	—	—	—	—
Change Other Net Oper Assets Insurance	50.22M	-21.14M	1.52M	13.21M	-7.65M
Other Operating Activities Insurance	-51.48M	-85.98M	-55.88M	-39.29M	-43.14M
Depreciation & Amortization	7.76M	5.61M	6.08M	6.02M	8.72M
Cash Interest Paid	—	0.12M	1.98M	0.82M	0.03M
Cash Income Tax Paid	0.00M	43.10M	—	—	2.52M
Reinsurance Recoverable CF	—	—	—	—	—
Investing Activities
Investing Cash Flow	-87.53M	-117.92M	-41.90M	357.36M	-64.84M
Capex Insurance	-19.56M	-3.16M	-1.97M	-4.12M	-8.48M
Cash Acquisitions	—	—	—	—	—
Investment in Securities	-122.03M	-177.12M	-106.03M	302.16M	-108.43M
Other Investing Activities	54.17M	62.36M	66.10M	59.32M	52.16M
Loss (Gain) on Sale of Investments	0.20M	-8.25M	-1.60M	-12.32M	10.09M
Financing Activities
Financing Cash Flow	1.36M	-1.74M	-0.36M	-258.17M	0.04M
Common Dividends Paid	—	—	—	-256.50M	—
Common Issued Insurance	—	—	—	—	39.00K
Common Repurchased Insurance	—	—	—	—	—
Long-Term Debt Repaid	—	—	—	-1.67M	—
Net Debt Issued Insurance	0.91M	-1.74M	-0.36M	-1.67M	—
Other Financing Activities Insurance	450.00K	—	—	—	—
Total Debt Repaid Insurance	0.91M	-1.74M	-0.36M	-1.67M	—
Free Cash Flow & Returns
Free Cash Flow	344.81M	-60.07M	184.12M	-54.11M	-26.15M
Free Cash Flow Growth	—	—	-5.5%	—	—
Free Cash Flow Margin	+12.9%	-2.5%	+7.6%	-2.5%	-0.9%
Free Cash Flow Per Share	0.61	-0.11	0.32	-0.10	-0.05
Levered Free Cash Flow	0.89B	0.63B	0.98B	-0.20B	0.86B
Unlevered Free Cash Flow	0.89B	0.63B	0.98B	-0.20B	0.86B
Operating Cash Flow Growth	—	—	-6.7%	—	—
Net Cash Flow	278.21M	-176.56M	143.84M	49.19M	-82.47M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (AED)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Operations
Operating Cash Flow	364.37M	-56.90M	186.09M	-49.99M	-17.67M
Free Cash Flow	344.81M	-60.07M	184.12M	-54.11M	-26.15M
Capital Expenditures	-19.56M	-3.16M	-1.97M	-4.12M	-8.48M
Investing & Financing
Investing Cash Flow	-87.53M	-117.92M	-41.90M	357.36M	-64.84M
Financing Cash Flow	1.36M	-1.74M	-0.36M	-258.17M	0.04M
Dividends Paid	—	—	—	-256.50M	—
Share Repurchase	—	—	—	—	—
Operating Activities
Operating Cash Flow	364.37M	-56.90M	186.09M	-49.99M	-17.67M
Net Income	127.53M	119.21M	111.53M	116.78M	111.64M
Change Accounts Payable Insurance	—	—	—	—	—
Change Accounts Receivable Insurance	241.40M	-66.35M	124.44M	-134.40M	-85.48M
Change in Unearned Revenue	—	—	—	—	—
Change in Working Capital	291.62M	-87.50M	125.96M	-121.20M	-93.13M
Change Insurance Reserves Liabilities	—	—	—	—	—
Change Other Net Oper Assets Insurance	50.22M	-21.14M	1.52M	13.21M	-7.65M
Other Operating Activities Insurance	-51.48M	-85.98M	-55.88M	-39.29M	-43.14M
Depreciation & Amortization	7.76M	5.61M	6.08M	6.02M	8.72M
Cash Interest Paid	—	0.12M	1.98M	0.82M	0.03M
Cash Income Tax Paid	0.00M	43.10M	—	—	2.52M
Reinsurance Recoverable CF	—	—	—	—	—
Investing Activities
Investing Cash Flow	-87.53M	-117.92M	-41.90M	357.36M	-64.84M
Capex Insurance	-19.56M	-3.16M	-1.97M	-4.12M	-8.48M
Cash Acquisitions	—	—	—	—	—
Investment in Securities	-122.03M	-177.12M	-106.03M	302.16M	-108.43M
Other Investing Activities	54.17M	62.36M	66.10M	59.32M	52.16M
Loss (Gain) on Sale of Investments	0.20M	-8.25M	-1.60M	-12.32M	10.09M
Financing Activities
Financing Cash Flow	1.36M	-1.74M	-0.36M	-258.17M	0.04M
Common Dividends Paid	—	—	—	-256.50M	—
Common Issued Insurance	—	—	—	—	39.00K
Common Repurchased Insurance	—	—	—	—	—
Long-Term Debt Repaid	—	—	—	-1.67M	—
Net Debt Issued Insurance	0.91M	-1.74M	-0.36M	-1.67M	—
Other Financing Activities Insurance	450.00K	—	—	—	—
Total Debt Repaid Insurance	0.91M	-1.74M	-0.36M	-1.67M	—
Free Cash Flow & Returns
Free Cash Flow	344.81M	-60.07M	184.12M	-54.11M	-26.15M
Free Cash Flow Growth	—	—	-5.5%	—	—
Free Cash Flow Margin	+12.9%	-2.5%	+7.6%	-2.5%	-0.9%
Free Cash Flow Per Share	0.61	-0.11	0.32	-0.10	-0.05
Levered Free Cash Flow	0.89B	0.63B	0.98B	-0.20B	0.86B
Unlevered Free Cash Flow	0.89B	0.63B	0.98B	-0.20B	0.86B
Operating Cash Flow Growth	—	—	-6.7%	—	—
Net Cash Flow	278.21M	-176.56M	143.84M	49.19M	-82.47M

Financials

Quarterly (AED)

Abu Dhabi National Insurance

Quarterly (AED)