TADAWUL:1303 Cash Flow Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	629.93	401.73	201.03	94.17	48.85
Depreciation & Amortization	33.98	26.93	25.96	27.27	28.26
Other Amortization	2.2	1.96	1.71	0.61	0.65
Loss (Gain) From Sale of Assets	0.04	0.76	0.4	-0.12	0.81
Stock-Based Compensation	8.26	2.26	3.14	0.12	0.84
Provision & Write-off of Bad Debts	-0.5	13.4	7.54	3.17	2.47
Other Operating Activities	19.79	8.04	20.38	11.95	6.5
Change in Accounts Receivable	-211.71	-75.16	-100.83	-78.36	37.14
Change in Inventory	-114.61	144.4	-192.01	-282.89	-182.33
Change in Accounts Payable	45.12	-18.81	13	26.74	34.32
Change in Other Net Operating Assets	261	182.72	126.82	109.68	34.64
Operating Cash Flow	673.5	688.23	107.14	-87.65	12.13
Operating Cash Flow Growth	-2.14%	542.38%	-	-	-88.26%
Capital Expenditures	-174.43	-44.13	-21.93	-8.75	-24.13
Sale of Property, Plant & Equipment	0.08	1.71	0.01	0.12	-
Sale (Purchase) of Intangibles	-1.12	-0.65	-1.18	-1.8	-0.9
Investment in Securities	-	-	-6.25	-	-0.07
Other Investing Activities	-	-	-0.34	0	-
Investing Cash Flow	-175.47	-43.07	-29.69	-10.43	-25.1
Short-Term Debt Issued	-	-	-	218.49	45.35
Total Debt Issued	-	-	-	218.49	45.35
Short-Term Debt Repaid	-50.66	-320.04	-23.93	-	-
Long-Term Debt Repaid	-4.66	-4.16	-20.27	-18.73	-15.09
Total Debt Repaid	-55.31	-324.2	-44.2	-18.73	-15.09
Net Debt Issued (Repaid)	-55.31	-324.2	-44.2	199.76	30.27
Common Dividends Paid	-280.05	-196.58	-84.38	-45	-22.29
Other Financing Activities	-5.61	-1.84	-3.07	-	-0.16
Financing Cash Flow	-340.98	-522.62	-131.65	154.76	7.82
Foreign Exchange Rate Adjustments	4.41	-1.93	0.22	-0.01	-0.01
Net Cash Flow	161.47	120.61	-53.99	56.67	-5.16
Free Cash Flow	499.07	644.1	85.21	-96.4	-12
Free Cash Flow Growth	-22.52%	655.89%	-	-	-
Free Cash Flow Margin	21.73%	32.41%	5.46%	-9.04%	-1.56%
Free Cash Flow Per Share	0.45	0.57	0.08	-0.09	-0.01
Cash Interest Paid	15.62	39.03	33.96	19.46	7.73
Levered Free Cash Flow	277.19	508.29	19.87	-120.41	-25.06
Unlevered Free Cash Flow	279.5	522.86	38.67	-112.59	-20.3
Change in Working Capital	-20.2	233.15	-153.03	-224.83	-76.24

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