ADNOC DIST

Abu Dhabi National Oil Company For Distribution

ADNOCDISTStocksAbu Dhabi Securities ExchangeConsumer Discretionary

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (AED)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operations
Operating Cash Flow	3.92B	3.93B	5.05B	4.51B	2.88B
Free Cash Flow	2.74B	2.81B	4.05B	3.44B	2.27B
Capital Expenditures	-1.18B	-1.12B	-1.00B	-1.06B	-0.60B
Investing & Financing
Investing Cash Flow	-1.13B	-1.01B	-1.54B	-1.06B	-0.10B
Financing Cash Flow	-3.17B	-3.08B	-3.13B	-2.95B	-2.80B
Dividends Paid	-2.60B	-2.61B	-2.62B	-2.57B	-2.57B
Share Repurchase	-10.48M	—	—	—	—
Operating Activities
Operating Cash Flow	3.92B	3.93B	5.05B	4.51B	2.88B
Net Income	2.79B	2.42B	2.60B	2.75B	2.25B
Change in Accounts Payable	388.63M	229.95M	106.04M	319.11M	-56.97M
Change in Accounts Receivable	80.36M	508.35M	-142.35M	-621.16M	-508.47M
Change in Inventory	41.22M	-368.02M	78.78M	-245.47M	-376.99M
Change in Other Net Operating Assets	-0.80B	-0.32B	1.32B	1.52B	0.75B
Change in Working Capital	-0.29B	0.05B	1.36B	0.97B	-0.19B
Other Operating Activities	454.88M	638.99M	368.28M	232.02M	171.85M
Provision & Write-off of Bad Debts	227.82M	35.36M	21.84M	8.72M	6.53M
Depreciation & Amortization	775.62M	785.58M	696.04M	543.93M	637.57M
Other Amortization	323.00K	232.00K	525.00K	—	—
Cash Interest Paid	302.88M	355.26M	307.87M	206.03M	139.94M
Cash Income Tax Paid	268.23M	22.24M	15.40M	—	—
Asset Writedown & Restructuring Costs	2.81M	5.75M	5.15M	8.08M	1.67M
Investing Activities
Investing Cash Flow	-1.13B	-1.01B	-1.54B	-1.06B	-0.10B
Capital Expenditures	-1.18B	-1.12B	-1.00B	-1.06B	-0.60B
Cash Acquisitions	—	—	-539.10M	—	—
Investment in Securities	0.23M	—	-70.00M	—	513.93M
Other Investing Activities	46.81M	81.49M	66.88M	-1.70M	-6.82M
Sale of Property, Plant & Equipment	5.90M	23.26M	5.97M	2.96M	0.40M
Loss (Gain) From Sale of Assets	-43.05M	-8.47M	-2.61M	-2.96M	-0.03M
Financing Activities
Financing Cash Flow	-3.17B	-3.08B	-3.13B	-2.95B	-2.80B
Common Dividends Paid	-2.60B	-2.61B	-2.62B	-2.57B	-2.57B
Repurchase of Common Stock	-10.48M	—	—	—	—
Long-Term Debt Issued	—	—	0.00B	5.48B	—
Short-Term Debt Issued	—	98.00M	—	—	—
Total Debt Issued	—	0.10B	0.00B	5.48B	—
Long-Term Debt Repaid	-0.20B	-0.21B	-0.20B	-5.66B	-0.09B
Short-Term Debt Repaid	-58.90M	—	—	—	—
Total Debt Repaid	-0.26B	-0.21B	-0.20B	-5.66B	-0.09B
Net Debt Issued (Repaid)	-261.21M	-111.59M	-199.26M	-176.39M	-89.97M
Other Financing Activities	-302.88M	-355.26M	-307.87M	-206.03M	-139.94M
Free Cash Flow & Returns
Free Cash Flow	2.74B	2.81B	4.05B	3.44B	2.27B
Free Cash Flow Growth	-2.6%	-30.5%	+17.6%	+51.5%	+196.7%
Free Cash Flow Margin	+7.6%	+7.9%	+11.7%	+10.7%	+10.9%
Free Cash Flow Per Share	0.22	0.23	0.32	0.28	0.18
Levered Free Cash Flow	1.40B	1.48B	3.04B	2.32B	1.19B
Unlevered Free Cash Flow	1.66B	1.77B	3.31B	2.49B	1.31B
Operating Cash Flow Growth	-0.2%	-22.2%	+12.1%	+56.6%	+69.9%
Net Cash Flow	-373.18M	-259.90M	376.84M	491.56M	-19.78M
Foreign Exchange Rate Adjustments	6.31M	-98.72M	-7.87M	—	—

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (AED)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operations
Operating Cash Flow	3.92B	3.93B	5.05B	4.51B	2.88B
Free Cash Flow	2.74B	2.81B	4.05B	3.44B	2.27B
Capital Expenditures	-1.18B	-1.12B	-1.00B	-1.06B	-0.60B
Investing & Financing
Investing Cash Flow	-1.13B	-1.01B	-1.54B	-1.06B	-0.10B
Financing Cash Flow	-3.17B	-3.08B	-3.13B	-2.95B	-2.80B
Dividends Paid	-2.60B	-2.61B	-2.62B	-2.57B	-2.57B
Share Repurchase	-10.48M	—	—	—	—
Operating Activities
Operating Cash Flow	3.92B	3.93B	5.05B	4.51B	2.88B
Net Income	2.79B	2.42B	2.60B	2.75B	2.25B
Change in Accounts Payable	388.63M	229.95M	106.04M	319.11M	-56.97M
Change in Accounts Receivable	80.36M	508.35M	-142.35M	-621.16M	-508.47M
Change in Inventory	41.22M	-368.02M	78.78M	-245.47M	-376.99M
Change in Other Net Operating Assets	-0.80B	-0.32B	1.32B	1.52B	0.75B
Change in Working Capital	-0.29B	0.05B	1.36B	0.97B	-0.19B
Other Operating Activities	454.88M	638.99M	368.28M	232.02M	171.85M
Provision & Write-off of Bad Debts	227.82M	35.36M	21.84M	8.72M	6.53M
Depreciation & Amortization	775.62M	785.58M	696.04M	543.93M	637.57M
Other Amortization	323.00K	232.00K	525.00K	—	—
Cash Interest Paid	302.88M	355.26M	307.87M	206.03M	139.94M
Cash Income Tax Paid	268.23M	22.24M	15.40M	—	—
Asset Writedown & Restructuring Costs	2.81M	5.75M	5.15M	8.08M	1.67M
Investing Activities
Investing Cash Flow	-1.13B	-1.01B	-1.54B	-1.06B	-0.10B
Capital Expenditures	-1.18B	-1.12B	-1.00B	-1.06B	-0.60B
Cash Acquisitions	—	—	-539.10M	—	—
Investment in Securities	0.23M	—	-70.00M	—	513.93M
Other Investing Activities	46.81M	81.49M	66.88M	-1.70M	-6.82M
Sale of Property, Plant & Equipment	5.90M	23.26M	5.97M	2.96M	0.40M
Loss (Gain) From Sale of Assets	-43.05M	-8.47M	-2.61M	-2.96M	-0.03M
Financing Activities
Financing Cash Flow	-3.17B	-3.08B	-3.13B	-2.95B	-2.80B
Common Dividends Paid	-2.60B	-2.61B	-2.62B	-2.57B	-2.57B
Repurchase of Common Stock	-10.48M	—	—	—	—
Long-Term Debt Issued	—	—	0.00B	5.48B	—
Short-Term Debt Issued	—	98.00M	—	—	—
Total Debt Issued	—	0.10B	0.00B	5.48B	—
Long-Term Debt Repaid	-0.20B	-0.21B	-0.20B	-5.66B	-0.09B
Short-Term Debt Repaid	-58.90M	—	—	—	—
Total Debt Repaid	-0.26B	-0.21B	-0.20B	-5.66B	-0.09B
Net Debt Issued (Repaid)	-261.21M	-111.59M	-199.26M	-176.39M	-89.97M
Other Financing Activities	-302.88M	-355.26M	-307.87M	-206.03M	-139.94M
Free Cash Flow & Returns
Free Cash Flow	2.74B	2.81B	4.05B	3.44B	2.27B
Free Cash Flow Growth	-2.6%	-30.5%	+17.6%	+51.5%	+196.7%
Free Cash Flow Margin	+7.6%	+7.9%	+11.7%	+10.7%	+10.9%
Free Cash Flow Per Share	0.22	0.23	0.32	0.28	0.18
Levered Free Cash Flow	1.40B	1.48B	3.04B	2.32B	1.19B
Unlevered Free Cash Flow	1.66B	1.77B	3.31B	2.49B	1.31B
Operating Cash Flow Growth	-0.2%	-22.2%	+12.1%	+56.6%	+69.9%
Net Cash Flow	-373.18M	-259.90M	376.84M	491.56M	-19.78M
Foreign Exchange Rate Adjustments	6.31M	-98.72M	-7.87M	—	—