Investor Presentaiton
CLASSIFICATION: C1 - CONTROLLED
CAPEX and Cash Flows (2021-2025) - (QAMCO's Share)
CAPEX:
。 Planned CAPEX (2021-25) include routine operations such as pot relining and other maintenance
pertaining to power plant and anode plant.
Cash Flows:
Cash Flows (QAR' m)
2021
2022
2023
2024
2025
o Impressive cash flows from
JV's operations, provided
sales prices are realized in
line with the budgeted plans.
Net operating cash flows
632
530
673
693
691
Net investing cash flows
(281)
(235)
(274)
(140)
(154)
Net financing cash flows
Net cash flows
56
30
(48)
(64)
(65)
406
325
351
489
471
o Financing cash outflow from
FY 2021 is only pertaining to
interest costs.
Note: The cash flow figures for the years 2021-25 are based on the 2021 approved budget and
business plan, based on the expectations of the market conditions and aluminium prices
prevailing at the time preparing the business plan.
With the current market conditions and aluminium price trends, the cash flow forecasts for 2021-
2025 as disclosed in the above table cannot be relied on with absolute certainty, where, the
actual realization of these cash flows might significantly differ as compared to these projections,
subject to the macroeconomic conditions, including, among other factors, business environment,
market dynamics, product prices etc. prevailing in that specific year.
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