ADNOC DIST

Abu Dhabi National Oil Company For Distribution

ADNOCDISTStocksAbu Dhabi Securities ExchangeConsumer Discretionary

Financials

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	1.13B	1.19B	1.30B	0.30B	1.09B
Free Cash Flow	0.80B	0.92B	1.01B	0.01B	0.81B
Capital Expenditures	-335.61M	-267.46M	-289.14M	-288.55M	-277.92M
Investing & Financing
Investing Cash Flow	-317.68M	-247.14M	-285.94M	-277.06M	-256.01M
Financing Cash Flow	-1.40B	-0.25B	-1.40B	-0.12B	-1.33B
Dividends Paid	-1.29B	—	-1.31B	—	-1.29B
Share Repurchase	—	-1.37M	-15.27M	—	—
Operating Activities
Operating Cash Flow	1.13B	1.19B	1.30B	0.30B	1.09B
Net Income	667.81M	810.86M	676.65M	638.68M	580.43M
Change in Accounts Payable	181.17M	266.45M	-61.72M	2.74M	100.15M
Change in Accounts Receivable	33.93M	4.10M	-86.52M	128.85M	520.42M
Change in Inventory	-240.76M	-8.57M	383.78M	-93.24M	-159.47M
Change in Other Net Operating Assets	-0.04B	0.01B	-0.01B	-0.76B	-0.35B
Change in Working Capital	-0.07B	0.27B	0.23B	-0.72B	0.11B
Other Operating Activities	165.83M	-51.19M	172.61M	167.63M	166.31M
Provision & Write-off of Bad Debts	193.81M	12.39M	10.34M	11.27M	19.12M
Depreciation & Amortization	197.77M	159.63M	212.16M	206.06M	209.38M
Other Amortization	323.00K	—	—	—	232.00K
Cash Interest Paid	72.36M	74.00M	77.61M	78.91M	37.75M
Cash Income Tax Paid	3.20M	249.05M	15.98M	—	3.34M
Asset Writedown & Restructuring Costs	0.68M	—	2.13M	—	-5.79M
Investing Activities
Investing Cash Flow	-317.68M	-247.14M	-285.94M	-277.06M	-256.01M
Capital Expenditures	-335.61M	-267.46M	-289.14M	-288.55M	-277.92M
Cash Acquisitions	—	—	—	—	—
Investment in Securities	—	—	—	0.23M	—
Other Investing Activities	16.90M	19.03M	-0.29M	11.17M	22.12M
Sale of Property, Plant & Equipment	1.02M	1.30M	3.49M	0.09M	-0.21M
Loss (Gain) From Sale of Assets	-29.64M	-13.93M	0.53M	-0.01M	11.37M
Financing Activities
Financing Cash Flow	-1.40B	-0.25B	-1.40B	-0.12B	-1.33B
Common Dividends Paid	-1.29B	—	-1.31B	—	-1.29B
Issuance of Common Stock	6.16M	—	—	—	—
Repurchase of Common Stock	—	-1.37M	-15.27M	—	—
Long-Term Debt Issued	—	—	—	—	—
Short-Term Debt Issued	—	—	—	12.01M	—
Total Debt Issued	—	-0.10B	0.09B	0.01B	0.03B
Long-Term Debt Repaid	—	—	—	-52.91M	—
Total Debt Repaid	-0.05B	-0.07B	-0.09B	-0.05B	-0.04B
Net Debt Issued (Repaid)	-51.97M	-171.48M	3.14M	-40.91M	-9.08M
Other Financing Activities	-72.36M	-74.00M	-77.61M	-78.91M	-37.75M
Free Cash Flow & Returns
Free Cash Flow	0.80B	0.92B	1.01B	0.01B	0.81B
Free Cash Flow Growth	-1.7%	+379.0%	-17.2%	-97.6%	-40.6%
Free Cash Flow Margin	+8.4%	+9.9%	+11.7%	+0.2%	+9.2%
Free Cash Flow Per Share	0.06	0.07	0.08	0.00	0.07
Levered Free Cash Flow	-0.81B	1.90B	-0.59B	0.95B	-0.61B
Unlevered Free Cash Flow	-0.75B	1.96B	-0.52B	1.01B	-0.56B
Operating Cash Flow Growth	+4.0%	+134.2%	-11.6%	-65.0%	-37.0%
Net Cash Flow	-0.59B	0.70B	-0.38B	-0.09B	-0.49B
Foreign Exchange Rate Adjustments	-0.13M	3.30M	2.93M	0.21M	8.76M

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	1.13B	1.19B	1.30B	0.30B	1.09B
Free Cash Flow	0.80B	0.92B	1.01B	0.01B	0.81B
Capital Expenditures	-335.61M	-267.46M	-289.14M	-288.55M	-277.92M
Investing & Financing
Investing Cash Flow	-317.68M	-247.14M	-285.94M	-277.06M	-256.01M
Financing Cash Flow	-1.40B	-0.25B	-1.40B	-0.12B	-1.33B
Dividends Paid	-1.29B	—	-1.31B	—	-1.29B
Share Repurchase	—	-1.37M	-15.27M	—	—
Operating Activities
Operating Cash Flow	1.13B	1.19B	1.30B	0.30B	1.09B
Net Income	667.81M	810.86M	676.65M	638.68M	580.43M
Change in Accounts Payable	181.17M	266.45M	-61.72M	2.74M	100.15M
Change in Accounts Receivable	33.93M	4.10M	-86.52M	128.85M	520.42M
Change in Inventory	-240.76M	-8.57M	383.78M	-93.24M	-159.47M
Change in Other Net Operating Assets	-0.04B	0.01B	-0.01B	-0.76B	-0.35B
Change in Working Capital	-0.07B	0.27B	0.23B	-0.72B	0.11B
Other Operating Activities	165.83M	-51.19M	172.61M	167.63M	166.31M
Provision & Write-off of Bad Debts	193.81M	12.39M	10.34M	11.27M	19.12M
Depreciation & Amortization	197.77M	159.63M	212.16M	206.06M	209.38M
Other Amortization	323.00K	—	—	—	232.00K
Cash Interest Paid	72.36M	74.00M	77.61M	78.91M	37.75M
Cash Income Tax Paid	3.20M	249.05M	15.98M	—	3.34M
Asset Writedown & Restructuring Costs	0.68M	—	2.13M	—	-5.79M
Investing Activities
Investing Cash Flow	-317.68M	-247.14M	-285.94M	-277.06M	-256.01M
Capital Expenditures	-335.61M	-267.46M	-289.14M	-288.55M	-277.92M
Cash Acquisitions	—	—	—	—	—
Investment in Securities	—	—	—	0.23M	—
Other Investing Activities	16.90M	19.03M	-0.29M	11.17M	22.12M
Sale of Property, Plant & Equipment	1.02M	1.30M	3.49M	0.09M	-0.21M
Loss (Gain) From Sale of Assets	-29.64M	-13.93M	0.53M	-0.01M	11.37M
Financing Activities
Financing Cash Flow	-1.40B	-0.25B	-1.40B	-0.12B	-1.33B
Common Dividends Paid	-1.29B	—	-1.31B	—	-1.29B
Issuance of Common Stock	6.16M	—	—	—	—
Repurchase of Common Stock	—	-1.37M	-15.27M	—	—
Long-Term Debt Issued	—	—	—	—	—
Short-Term Debt Issued	—	—	—	12.01M	—
Total Debt Issued	—	-0.10B	0.09B	0.01B	0.03B
Long-Term Debt Repaid	—	—	—	-52.91M	—
Total Debt Repaid	-0.05B	-0.07B	-0.09B	-0.05B	-0.04B
Net Debt Issued (Repaid)	-51.97M	-171.48M	3.14M	-40.91M	-9.08M
Other Financing Activities	-72.36M	-74.00M	-77.61M	-78.91M	-37.75M
Free Cash Flow & Returns
Free Cash Flow	0.80B	0.92B	1.01B	0.01B	0.81B
Free Cash Flow Growth	-1.7%	+379.0%	-17.2%	-97.6%	-40.6%
Free Cash Flow Margin	+8.4%	+9.9%	+11.7%	+0.2%	+9.2%
Free Cash Flow Per Share	0.06	0.07	0.08	0.00	0.07
Levered Free Cash Flow	-0.81B	1.90B	-0.59B	0.95B	-0.61B
Unlevered Free Cash Flow	-0.75B	1.96B	-0.52B	1.01B	-0.56B
Operating Cash Flow Growth	+4.0%	+134.2%	-11.6%	-65.0%	-37.0%
Net Cash Flow	-0.59B	0.70B	-0.38B	-0.09B	-0.49B
Foreign Exchange Rate Adjustments	-0.13M	3.30M	2.93M	0.21M	8.76M