ANNUAL FINANCIAL STATEMENTS, 31/12/2023 ‫أ ُرﯾﺪو‬

OOREDOO
Thousands/Omani Rial/Audited
Consolidated Standalone Consolidated Standalone
Statement of cash flows, indirect method
01/01/2023-31/12/2023 01/01/2023-31/12/2023 01/01/2022-31/12/2022 01/01/2022-31/12/2022
STATEMENT OF CASH FLOWS
CONSOLIDATED AND SEPARATE
CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES
Profit for the period before taxation 12,719 12,452 22,757 22,127
ADJUSTMENTS TO RECONCILE PROFIT (LOSS)
Adjustm ents for depreciation and am ortisation expense 70,086 69,801 71,883 71,656
Adjustm ents for im pairm ent loss (reversal of im pairm ent loss) recognised in profit or loss 3,842 3,842 1,426 1,990
Adjustm ents for increase (decrease) in em ploy ee benefit liabilities 340 337 341 341
Adjustm ents for share-based pay m ents 633 633 293 293
Adjustm ents for finance costs 3,625 3,587 3,056 3,020
Adjustm ents for finance incom e 7 7 7 7
Adjustm ents for gain (loss) on disposals, property, plant and equipm ent 58 58 10 10
Other adjustm ents for non-cash item s (889) (889)
Other adjustm ents to reconcile profit (loss) (60) (60) (75) (75)
Total adjustments to reconcile profit (loss) 77,512 77,186 76,907 77,208
Cash flows from (used in) operations before changes in working capital 90,231 89,638 99,664 99,335
WORKING CAPITAL CHANG ES
Adjustm ents for decrease (increase) in inventories 607 607 1,304 1,304
Adjustm enst for decrease (increase) in trade and other receivables 476 759 (12,057) (11,893)
Adjustm ents for increase (decrease) in trade and other pay ables (6,984) (6,928) 10,673 11,048
Adjustm ents for decrease (increase) in other working capital item s (3,154) (3,154) (685) (681)
Total adjustments to working capital changes (9,055) (8,716) (765) (222)
Net cash flows from (used in) operations 81,176 80,922 98,899 99,113
Interest paid, classified as operating activities (4,311) (4,273) (3,461) (3,425)
Em ploy ees end of service benefits paid (135) (135) (237) (237)
Other inflows (outflows) of cash (306) (306) (171) (171)
Net cash flows from (used in) operating activities 76,424 76,208 95,030 95,280
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES
Proceeds from sales of property, plant and equipm ent 32 32
Purchase of property, plant and equipm ent 47,352 47,102 44,679 44,754
Purchase of intangible assets 18,447 18,447 17,086 17,086
Interest received 7 7 7 7
Net cash flows from (used in) investing activities (65,792) (65,542) (61,726) (61,801)
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES
Proceeds from borrowings 69,000 69,000 67,513 67,000
Repay m ents of borrowings 56,871 56,766 82,635 82,635
Pay m ents of lease liabilities 8,708 8,681 6,224 6,188
Dividends paid to equity holders of parent 13,019 13,019 11,717 11,717
Net cash flows from (used in) financing activities (9,598) (9,466) (33,063) (33,540)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 1,034 1,200 241 (61)
Net increase (decrease) in cash and cash equivalents 1,034 1,200 241 (61)
Cash and cash equivalents at beginning of period 2,388 2,406 2,147 2,467
Cash and cash equivalents at end of period 3,422 3,606 2,388 2,406

English
Statement of cash flows, indirect method
01/01/2023-31/12/2023
OTHER CASH FLOW INFORMATION
DISCLOSURE OF CASH FLOW STATEMENT
Material Non-cash transactions Ref #9

#9

ANNUAL FINANCIAL STATEMENTS WERE APPROVED BY THE BOARD OF DIRECTORS ON 11 Feb 2024
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ANNUAL FINANCIAL STATEMENTS, 31/12/2023 ‫أ ُرﯾﺪو‬
OOREDOO
Pare nt C ompany C onsolidate d
2023 2022 2023 2022
Note s RO ’000 RO’000 RO ’000 RO’000

Acquisition of right-of-use leased assets 12 2,791 3,947 2,823 3,979

ANNUAL FINANCIAL STATEMENTS WERE APPROVED BY THE BOARD OF DIRECTORS ON 11 Feb 2024
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