National Cement

National Cement Company PSC

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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	13.01M	3.55M	12.05M	16.13M	6.38M
Free Cash Flow	11.34M	1.60M	10.02M	13.18M	3.78M
Capital Expenditures	-1.67M	-1.95M	-2.03M	-2.94M	-2.60M
Investing & Financing
Investing Cash Flow	-11.56M	4.70M	46.41M	-19.05M	-8.49M
Financing Cash Flow	-0.00M	-0.03M	-71.78M	—	—
Dividends Paid	—	—	-71.76M	—	—
Operating Activities
Operating Cash Flow	13.01M	3.55M	12.05M	16.13M	6.38M
Net Income	21.33M	14.37M	10.90M	157.16M	-0.50M
Change in Accounts Payable	-6.47M	-3.68M	6.21M	3.23M	3.18M
Change in Accounts Receivable	-8.01M	-8.74M	-0.57M	10.79M	-3.48M
Change in Inventory	4.62M	1.79M	-1.99M	1.46M	-1.08M
Change in Other Net Operating Assets	-0.49M	1.09M	-1.77M	-3.26M	5.77M
Change in Working Capital	-10.35M	-9.53M	1.88M	12.23M	4.39M
Other Operating Activities	-4.21M	-0.86M	150.72M	-158.12M	-1.75M
Provision & Write-off of Bad Debts	1.66M	—	—	—	—
Depreciation & Amortization	4.66M	4.64M	4.59M	4.42M	4.68M
Cash Interest Paid	—	0.03M	0.02M	—	—
Loss (Gain) on Equity Investments	-0.08M	-5.29M	-154.54M	—	-0.03M
Investing Activities
Investing Cash Flow	-11.56M	4.70M	46.41M	-19.05M	-8.49M
Capital Expenditures	-1.67M	-1.95M	-2.03M	-2.94M	-2.60M
Investment in Securities	-9.99M	3.67M	42.42M	-175.00M	-9.76M
Other Investing Activities	0.10M	2.97M	6.02M	158.87M	3.86M
Sale of Property, Plant & Equipment	—	6.00K	—	19.00K	14.00K
Loss (Gain) From Sale of Assets	-4.00K	—	—	-19.00K	-2.00K
Loss (Gain) on Sale of Investments	-0.00M	0.22M	-1.49M	0.45M	-0.41M
Financing Activities
Financing Cash Flow	-0.00M	-0.03M	-71.78M	—	—
Common Dividends Paid	—	—	-71.76M	—	—
Long-Term Debt Issued	—	—	—	—	—
Short-Term Debt Issued	—	—	—	—	—
Total Debt Issued	—	—	—	—	-15.00M
Long-Term Debt Repaid	—	—	—	—	—
Short-Term Debt Repaid	—	—	—	—	—
Total Debt Repaid	—	—	—	—	15.00M
Net Debt Issued (Repaid)	—	—	—	—	—
Other Financing Activities	-0.00M	-0.03M	-0.02M	—	—
Free Cash Flow & Returns
Free Cash Flow	11.34M	1.60M	10.02M	13.18M	3.78M
Free Cash Flow Growth	+199.8%	-94.0%	—	—	-69.7%
Free Cash Flow Margin	+14.8%	+2.4%	+17.3%	+25.5%	+8.9%
Free Cash Flow Per Share	0.03	0.00	0.03	0.04	0.01
Levered Free Cash Flow	-4.77M	-5.18M	-64.21M	85.69M	5.24M
Unlevered Free Cash Flow	3.07M	-5.16M	-64.20M	85.69M	7.13M
Operating Cash Flow Growth	+103.8%	-88.8%	—	—	-52.1%
Net Cash Flow	1.44M	8.21M	-13.32M	-2.93M	-2.10M

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	13.01M	3.55M	12.05M	16.13M	6.38M
Free Cash Flow	11.34M	1.60M	10.02M	13.18M	3.78M
Capital Expenditures	-1.67M	-1.95M	-2.03M	-2.94M	-2.60M
Investing & Financing
Investing Cash Flow	-11.56M	4.70M	46.41M	-19.05M	-8.49M
Financing Cash Flow	-0.00M	-0.03M	-71.78M	—	—
Dividends Paid	—	—	-71.76M	—	—
Operating Activities
Operating Cash Flow	13.01M	3.55M	12.05M	16.13M	6.38M
Net Income	21.33M	14.37M	10.90M	157.16M	-0.50M
Change in Accounts Payable	-6.47M	-3.68M	6.21M	3.23M	3.18M
Change in Accounts Receivable	-8.01M	-8.74M	-0.57M	10.79M	-3.48M
Change in Inventory	4.62M	1.79M	-1.99M	1.46M	-1.08M
Change in Other Net Operating Assets	-0.49M	1.09M	-1.77M	-3.26M	5.77M
Change in Working Capital	-10.35M	-9.53M	1.88M	12.23M	4.39M
Other Operating Activities	-4.21M	-0.86M	150.72M	-158.12M	-1.75M
Provision & Write-off of Bad Debts	1.66M	—	—	—	—
Depreciation & Amortization	4.66M	4.64M	4.59M	4.42M	4.68M
Cash Interest Paid	—	0.03M	0.02M	—	—
Loss (Gain) on Equity Investments	-0.08M	-5.29M	-154.54M	—	-0.03M
Investing Activities
Investing Cash Flow	-11.56M	4.70M	46.41M	-19.05M	-8.49M
Capital Expenditures	-1.67M	-1.95M	-2.03M	-2.94M	-2.60M
Investment in Securities	-9.99M	3.67M	42.42M	-175.00M	-9.76M
Other Investing Activities	0.10M	2.97M	6.02M	158.87M	3.86M
Sale of Property, Plant & Equipment	—	6.00K	—	19.00K	14.00K
Loss (Gain) From Sale of Assets	-4.00K	—	—	-19.00K	-2.00K
Loss (Gain) on Sale of Investments	-0.00M	0.22M	-1.49M	0.45M	-0.41M
Financing Activities
Financing Cash Flow	-0.00M	-0.03M	-71.78M	—	—
Common Dividends Paid	—	—	-71.76M	—	—
Long-Term Debt Issued	—	—	—	—	—
Short-Term Debt Issued	—	—	—	—	—
Total Debt Issued	—	—	—	—	-15.00M
Long-Term Debt Repaid	—	—	—	—	—
Short-Term Debt Repaid	—	—	—	—	—
Total Debt Repaid	—	—	—	—	15.00M
Net Debt Issued (Repaid)	—	—	—	—	—
Other Financing Activities	-0.00M	-0.03M	-0.02M	—	—
Free Cash Flow & Returns
Free Cash Flow	11.34M	1.60M	10.02M	13.18M	3.78M
Free Cash Flow Growth	+199.8%	-94.0%	—	—	-69.7%
Free Cash Flow Margin	+14.8%	+2.4%	+17.3%	+25.5%	+8.9%
Free Cash Flow Per Share	0.03	0.00	0.03	0.04	0.01
Levered Free Cash Flow	-4.77M	-5.18M	-64.21M	85.69M	5.24M
Unlevered Free Cash Flow	3.07M	-5.16M	-64.20M	85.69M	7.13M
Operating Cash Flow Growth	+103.8%	-88.8%	—	—	-52.1%
Net Cash Flow	1.44M	8.21M	-13.32M	-2.93M	-2.10M