TADAWUL:1111 Cash Flow Statement

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

Millions SAR. 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	330.73	395.61	621.84	390.06	424.6	587.7
Depreciation & Amortization	83.31	67.99	36.13	32.98	28.76	25.3
Other Amortization	47.81	47.81	44.91	41.82	34.42	31.72
Loss (Gain) From Sale of Investments	-31.18	-29.42	-80.66	-9.15	-26.43	-30.96
Loss (Gain) on Equity Investments	-5.59	0.72	29.72	17.16	9.92	-3.28
Provision & Write-off of Bad Debts	6.07	3.07	3.42	-0.39	0.27	-0.82
Other Operating Activities	-95.99	-98.19	-67.09	-128.62	-42.27	-29.61
Change in Accounts Receivable	-69.47	4.13	-7.62	-10.97	-4.12	-3.18
Change in Accounts Payable	-0.79	1.43	2.63	14.03	5.68	0.81
Change in Unearned Revenue	6.11	-15.87	14.01	-0.89	13.51	-0.01
Change in Other Net Operating Assets	56.98	137.13	27.61	48.73	26.06	13.87
Operating Cash Flow	327.99	514.42	624.9	394.75	470.4	591.54
Operating Cash Flow Growth	-13.41%	-17.68%	58.30%	-16.08%	-20.48%	-3.88%
Capital Expenditures	-175.94	-193.41	-213.73	-141.07	-99.09	-43.46
Cash Acquisitions	-	-175.5	-	-107.64	-	-
Investment in Securities	388.59	-264.23	-2,017	23.78	2,007	561.6
Other Investing Activities	137.83	142.27	67.88	117.29	26.26	3.48
Investing Cash Flow	350.48	-490.87	-2,163	-107.64	1,935	521.62
Long-Term Debt Issued	-	319.35	199.5	-	-	-
Long-Term Debt Repaid	-	-166.31	-83.75	-78.09	-12.18	-12.8
Net Debt Issued (Repaid)	-147.3	153.04	115.75	-78.09	-12.18	-12.8
Common Dividends Paid	-402	-402	-276	-277.2	-360	-1,120
Other Financing Activities	-27.9	-24.44	-	-0.03	-0.13	-0.96
Financing Cash Flow	-577.21	-273.4	-160.25	-355.33	-372.32	-1,134
Net Cash Flow	101.26	-249.84	-1,698	-68.21	2,033	-20.6
Free Cash Flow	152.05	321.02	411.16	253.68	371.31	548.07
Free Cash Flow Growth	-13.18%	-21.93%	62.08%	-31.68%	-32.25%	-3.81%
Free Cash Flow Margin	12.39%	25.45%	28.42%	23.65%	34.06%	47.00%
Free Cash Flow Per Share	1.27	2.67	3.43	2.11	3.09	4.57
Cash Interest Paid	27.9	24.44	-	0.03	0.13	0.96
Levered Free Cash Flow	116.64	228.16	249.83	196	264.49	399.94
Unlevered Free Cash Flow	140.39	250.71	253.71	196.1	264.57	400.53
Change in Working Capital	-7.17	126.82	36.64	50.9	41.13	11.48

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