KWSE:SRE Cash Flow Statement

Financials in millions KWD. Fiscal year is January - December.

Millions KWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	7.1	6.11	12.62	16.01	14.56	9.35
Depreciation & Amortization	8.88	8.52	8.2	6.18	5.45	3.5
Loss (Gain) From Sale of Assets	0	0	-0.62	-0.54	-	-1.36
Asset Writedown & Restructuring Costs	-	-	-0.12	1.03	1.67	-
Loss (Gain) on Equity Investments	-	-	-1.61	-2.67	-2.33	-0
Provision & Write-off of Bad Debts	0.1	0.1	-	-	0.1	0.08
Other Operating Activities	13.54	13.63	10.82	7.09	1.96	0.01
Change in Accounts Receivable	3.68	3.41	-1.98	0.25	3.5	-3.64
Change in Inventory	-0.06	-0.05	0.06	-0	0.11	-0.11
Change in Accounts Payable	-5.24	-1.85	-2.94	2.56	1.87	2.64
Operating Cash Flow	28.01	29.87	24.43	29.91	26.89	10.46
Operating Cash Flow Growth	183.67%	22.30%	-18.33%	11.22%	156.97%	-40.56%
Capital Expenditures	-5.98	-6.97	-10.34	-14.02	-5.61	-1.17
Sale of Property, Plant & Equipment	-	-	-	0	-	0.06
Sale (Purchase) of Real Estate	-23.93	-24.25	-79.47	-30.36	-27.14	-30.25
Investment in Securities	-	-	-	-	-	2.06
Other Investing Activities	0.1	0.1	14.11	3.08	-1.46	2.04
Investing Cash Flow	-29.81	-31.11	-75.7	-41.3	-34.21	-27.26
Long-Term Debt Issued	-	50.05	111.39	33.66	36.9	45.51
Long-Term Debt Repaid	-	-23.65	-33.76	-18.39	-22.52	-10.52
Net Debt Issued (Repaid)	28.97	26.39	77.63	15.28	14.38	34.98
Issuance of Common Stock	-	-	2	4.48	1.16	2.47
Repurchase of Common Stock	-0.61	-0.5	-1.19	-2.87	-1.94	-4.1
Common Dividends Paid	-8.53	-8.53	-8.2	-7.81	-7.36	-14.89
Other Financing Activities	-12.21	-11.46	-11.43	-6.36	-2.83	-0.51
Financing Cash Flow	7.62	5.9	58.8	2.72	3.4	17.95
Foreign Exchange Rate Adjustments	-0.49	0.3	-1.04	0.89	0.68	1.8
Net Cash Flow	5.33	4.95	6.48	-7.78	-3.23	2.95
Free Cash Flow	22.03	22.9	14.09	15.88	21.28	9.3
Free Cash Flow Growth	2063.88%	62.60%	-11.32%	-25.36%	128.88%	-45.52%
Free Cash Flow Margin	46.01%	49.12%	31.52%	39.14%	59.21%	44.13%
Free Cash Flow Per Share	0.04	0.04	0.02	0.03	0.04	0.01
Cash Interest Paid	11.46	11.46	11.43	6.36	2.83	0.51
Levered Free Cash Flow	7.06	7.14	13.77	-15.56	13.49	9.02
Unlevered Free Cash Flow	15.64	15.93	22.69	-15.56	15.26	9.34
Change in Working Capital	-1.62	1.51	-4.86	2.81	5.48	-1.11

Source: S&P Global Market Intelligence. Standard template. Financial Sources.