ADNOC LOGISTICS & SERVICES PLC

ADNOC Logistics & Services plc

ADNOCLSStocksAbu Dhabi Securities ExchangeTransportation

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

USD AED

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	1.64B	1.15B	1.27B	0.97B	1.10B
Free Cash Flow	-87.48M	62.53M	279.44M	715.86M	-551.63M
Capital Expenditures	-1.73B	-1.09B	-0.99B	-0.26B	-1.65B
Investing & Financing
Investing Cash Flow	-1.66B	-1.12B	-1.05B	-3.29B	-1.72B
Financing Cash Flow	0.22B	-0.82B	-0.36B	3.55B	0.54B
Dividends Paid	-895.25M	—	-501.34M	—	-501.34M
Share Repurchase	-228.79M	-18.92M	-7.95M	—	—
Operating Activities
Operating Cash Flow	446.99M	312.89M	346.07M	264.78M	299.51M
Net Income	248.14M	205.41M	228.78M	180.52M	179.82M
Change in Accounts Payable	-27.52M	-41.34M	-12.30M	-20.81M	63.46M
Change in Accounts Receivable	-68.79M	25.99M	4.24M	-101.11M	-24.42M
Change in Inventory	5.20M	-0.88M	-2.94M	27.39M	2.17M
Change in Other Net Operating Assets	158.29M	21.13M	-42.10M	34.86M	-20.53M
Change in Working Capital	67.17M	4.89M	-53.09M	-59.66M	20.68M
Other Operating Activities	9.11M	-25.96M	45.36M	28.38M	19.78M
Provision & Write-off of Bad Debts	5.09M	2.71M	1.99M	0.66M	-3.09M
Depreciation & Amortization	134.78M	133.30M	129.92M	126.82M	87.19M
Other Amortization	462.00K	463.00K	521.00K	370.00K	471.00K
Cash Interest Paid	7.13M	33.42M	23.02M	32.86M	9.19M
Cash Income Tax Paid	1.68M	64.53M	2.06M	2.50M	1.39M
Loss (Gain) on Equity Investments	-9.92M	-11.60M	-7.70M	-4.78M	-4.26M
Asset Writedown & Restructuring Costs	—	—	—	—	—
Investing Activities
Investing Cash Flow	-0.45B	-0.31B	-0.29B	-0.90B	-0.47B
Capital Expenditures	-470.81M	-295.86M	-269.99M	-69.87M	-449.70M
Cash Acquisitions	—	—	-0.00B	-0.82B	—
Investment in Securities	-33.50M	-39.32M	-8.75M	-3.81M	-18.59M
Other Investing Activities	44.51M	-8.81M	-10.38M	-23.63M	-0.18M
Sale (Purchase) of Intangibles	—	-1.00K	—	-53.00K	—
Sale of Property, Plant & Equipment	7.84M	38.31M	4.82M	26.60M	1.40M
Loss (Gain) From Sale of Assets	-7.84M	3.68M	0.30M	-7.53M	-1.08M
Financing Activities
Financing Cash Flow	0.06B	-0.22B	-0.10B	0.97B	0.15B
Common Dividends Paid	-243.75M	—	-136.50M	—	-136.50M
Issuance of Common Stock	0.70B	0.20B	—	1.08B	—
Repurchase of Common Stock	-62.29M	-5.15M	-2.16M	—	—
Long-Term Debt Issued	—	—	—	1.28B	—
Total Debt Issued	0.18B	0.08B	0.13B	1.28B	0.30B
Long-Term Debt Repaid	—	—	—	-1.36B	—
Total Debt Repaid	-0.54B	-0.45B	-0.04B	-1.36B	-0.01B
Net Debt Issued (Repaid)	-0.36B	-0.37B	0.08B	-0.08B	0.29B
Other Financing Activities	32.25M	-50.96M	-39.18M	-40.74M	-9.83M
Free Cash Flow & Returns
Free Cash Flow	-23.82M	17.03M	76.08M	194.91M	-150.19M
Free Cash Flow Growth	—	-69.9%	-55.7%	+8.4%	—
Free Cash Flow Margin	-1.8%	+1.3%	+6.1%	+16.5%	-17.0%
Free Cash Flow Per Share	-0.00	0.00	0.01	0.03	-0.02
Levered Free Cash Flow	-102.62M	-195.47M	-255.71M	314.09M	-242.55M
Unlevered Free Cash Flow	-63.46M	-193.23M	-241.96M	329.65M	-242.22M
Operating Cash Flow Growth	+49.2%	+62.7%	+27.2%	-13.2%	+70.1%
Net Cash Flow	54.07M	-215.12M	-36.44M	336.38M	-20.95M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

USD AED

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	1.64B	1.15B	1.27B	0.97B	1.10B
Free Cash Flow	-87.48M	62.53M	279.44M	715.86M	-551.63M
Capital Expenditures	-1.73B	-1.09B	-0.99B	-0.26B	-1.65B
Investing & Financing
Investing Cash Flow	-1.66B	-1.12B	-1.05B	-3.29B	-1.72B
Financing Cash Flow	0.22B	-0.82B	-0.36B	3.55B	0.54B
Dividends Paid	-895.25M	—	-501.34M	—	-501.34M
Share Repurchase	-228.79M	-18.92M	-7.95M	—	—
Operating Activities
Operating Cash Flow	446.99M	312.89M	346.07M	264.78M	299.51M
Net Income	248.14M	205.41M	228.78M	180.52M	179.82M
Change in Accounts Payable	-27.52M	-41.34M	-12.30M	-20.81M	63.46M
Change in Accounts Receivable	-68.79M	25.99M	4.24M	-101.11M	-24.42M
Change in Inventory	5.20M	-0.88M	-2.94M	27.39M	2.17M
Change in Other Net Operating Assets	158.29M	21.13M	-42.10M	34.86M	-20.53M
Change in Working Capital	67.17M	4.89M	-53.09M	-59.66M	20.68M
Other Operating Activities	9.11M	-25.96M	45.36M	28.38M	19.78M
Provision & Write-off of Bad Debts	5.09M	2.71M	1.99M	0.66M	-3.09M
Depreciation & Amortization	134.78M	133.30M	129.92M	126.82M	87.19M
Other Amortization	462.00K	463.00K	521.00K	370.00K	471.00K
Cash Interest Paid	7.13M	33.42M	23.02M	32.86M	9.19M
Cash Income Tax Paid	1.68M	64.53M	2.06M	2.50M	1.39M
Loss (Gain) on Equity Investments	-9.92M	-11.60M	-7.70M	-4.78M	-4.26M
Asset Writedown & Restructuring Costs	—	—	—	—	—
Investing Activities
Investing Cash Flow	-0.45B	-0.31B	-0.29B	-0.90B	-0.47B
Capital Expenditures	-470.81M	-295.86M	-269.99M	-69.87M	-449.70M
Cash Acquisitions	—	—	-0.00B	-0.82B	—
Investment in Securities	-33.50M	-39.32M	-8.75M	-3.81M	-18.59M
Other Investing Activities	44.51M	-8.81M	-10.38M	-23.63M	-0.18M
Sale (Purchase) of Intangibles	—	-1.00K	—	-53.00K	—
Sale of Property, Plant & Equipment	7.84M	38.31M	4.82M	26.60M	1.40M
Loss (Gain) From Sale of Assets	-7.84M	3.68M	0.30M	-7.53M	-1.08M
Financing Activities
Financing Cash Flow	0.06B	-0.22B	-0.10B	0.97B	0.15B
Common Dividends Paid	-243.75M	—	-136.50M	—	-136.50M
Issuance of Common Stock	0.70B	0.20B	—	1.08B	—
Repurchase of Common Stock	-62.29M	-5.15M	-2.16M	—	—
Long-Term Debt Issued	—	—	—	1.28B	—
Total Debt Issued	0.18B	0.08B	0.13B	1.28B	0.30B
Long-Term Debt Repaid	—	—	—	-1.36B	—
Total Debt Repaid	-0.54B	-0.45B	-0.04B	-1.36B	-0.01B
Net Debt Issued (Repaid)	-0.36B	-0.37B	0.08B	-0.08B	0.29B
Other Financing Activities	32.25M	-50.96M	-39.18M	-40.74M	-9.83M
Free Cash Flow & Returns
Free Cash Flow	-23.82M	17.03M	76.08M	194.91M	-150.19M
Free Cash Flow Growth	—	-69.9%	-55.7%	+8.4%	—
Free Cash Flow Margin	-1.8%	+1.3%	+6.1%	+16.5%	-17.0%
Free Cash Flow Per Share	-0.00	0.00	0.01	0.03	-0.02
Levered Free Cash Flow	-102.62M	-195.47M	-255.71M	314.09M	-242.55M
Unlevered Free Cash Flow	-63.46M	-193.23M	-241.96M	329.65M	-242.22M
Operating Cash Flow Growth	+49.2%	+62.7%	+27.2%	-13.2%	+70.1%
Net Cash Flow	54.07M	-215.12M	-36.44M	336.38M	-20.95M