Saudi Steel Pipes Company 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	191.53	180.63	173.05	54.21	0.93
Depreciation & Amortization	82.99	79.2	56.35	42.49	45.48
Loss (Gain) From Sale of Assets	-0.06	-0.1	-0.05	-0.02	-19.37
Asset Writedown & Restructuring Costs	-	-	-	0.11	0.04
Loss (Gain) From Sale of Investments	-	-	9.68	-	-
Loss (Gain) on Equity Investments	-	-	-3.12	-9.17	5.23
Provision & Write-off of Bad Debts	-0.82	-1.08	2.04	0.26	-1.2
Other Operating Activities	23.99	51.43	7.51	6.53	-24.42
Change in Accounts Receivable	88.71	-236.5	146.06	81.94	22.87
Change in Inventory	46.85	189.26	-200.22	-132.6	9.53
Change in Accounts Payable	-83	-233.26	77.59	19.01	-0.83
Change in Other Net Operating Assets	7.1	6.83	46.59	-74.57	4.33
Operating Cash Flow	357.22	36.55	315.36	-12.15	61.84
Operating Cash Flow Growth	877.34%	-88.41%	-	-	32.27%
Capital Expenditures	-31.73	-41.44	-7.79	-1.77	-6.64
Sale of Property, Plant & Equipment	0.07	0.1	0.38	0.06	35.53
Cash Acquisitions	-	-	-15.41	-	-
Other Investing Activities	211.48	-	-	-	-
Investing Cash Flow	179.82	-41.34	-22.81	-1.71	28.89
Long-Term Debt Issued	-	12.69	-	-	-
Total Debt Issued	-	12.69	-	-	-
Long-Term Debt Repaid	-279.38	-3.35	-162.71	-6.17	-140.42
Net Debt Issued (Repaid)	-279.38	9.34	-162.71	-6.17	-140.42
Common Dividends Paid	-199.64	-37.5	-	-	-
Financing Cash Flow	-479.02	-28.16	-162.71	-6.17	-140.42
Net Cash Flow	58.03	-32.95	129.83	-20.04	-49.69
Free Cash Flow	325.49	-4.89	307.57	-13.93	55.2
Free Cash Flow Growth	-	-	-	-	76.78%
Free Cash Flow Margin	23.05%	-0.30%	23.04%	-1.86%	14.78%
Free Cash Flow Per Share	6.38	-0.10	6.03	-0.27	1.09
Cash Interest Paid	30.08	44.82	31.96	13.62	6.88
Levered Free Cash Flow	252.78	-49.97	123.36	-25.94	65.27
Unlevered Free Cash Flow	268.26	-29.56	143.77	-19.02	69.66
Change in Working Capital	59.66	-273.66	70.03	-106.22	35.9

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