TADAWUL:1322 Cash Flow Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	250.86	177.9	54.58	126.33	197.26	88.8
Depreciation & Amortization	241.27	177.22	129.04	109.44	93.21	58.44
Loss (Gain) From Sale of Assets	-	-0.01	0.39	-	-	-
Stock-Based Compensation	3.39	4.35	10.49	6.73	-	-
Other Operating Activities	11.04	29.02	-10.21	-7.58	4.96	-3.62
Change in Accounts Receivable	42.94	-118.99	33.77	19.23	-99.72	-53.29
Change in Inventory	-28.61	-8.69	-15.76	-11.53	-8.41	-0.76
Change in Accounts Payable	-38.02	22.93	19.33	8.91	1.5	-8.76
Change in Other Net Operating Assets	-80.98	32.87	69.55	-111.63	-10.31	36.03
Operating Cash Flow	401.9	316.6	291.18	139.9	178.5	116.84
Operating Cash Flow Growth	42.11%	8.73%	108.14%	-21.63%	52.78%	55.68%
Capital Expenditures	-168.09	-215.2	-398.72	-146.02	-72.08	-150.89
Sale of Property, Plant & Equipment	-	0.01	0.31	-	-	-
Investing Cash Flow	-168.09	-215.19	-398.41	-146.02	-72.08	-150.89
Short-Term Debt Issued	-	81	-	-	-	2.86
Long-Term Debt Issued	-	-	-	-	17.36	119.44
Total Debt Issued	20	81	-	-	17.36	122.3
Short-Term Debt Repaid	-	-61	-	-	-	-
Long-Term Debt Repaid	-	-67.67	-98.43	-124.61	-84.23	-48.23
Total Debt Repaid	-35.84	-128.67	-98.43	-124.61	-84.23	-48.23
Net Debt Issued (Repaid)	-15.84	-47.67	-98.43	-124.61	-66.87	74.08
Issuance of Common Stock	8.33	-	-	609.28	-	-
Repurchase of Common Stock	-8.54	-13.51	-	-	-	-57.1
Common Dividends Paid	-184.16	-137.16	-64.8	-167.9	-	-
Other Financing Activities	-	-	-	-3.98	-	-
Financing Cash Flow	-200.21	-198.34	-163.23	312.79	-66.87	16.98
Net Cash Flow	33.6	-96.92	-270.45	306.67	39.55	-17.08
Free Cash Flow	233.81	101.41	-107.53	-6.12	106.42	-34.06
Free Cash Flow Margin	23.95%	12.99%	-22.04%	-1.05%	18.14%	-9.08%
Free Cash Flow Per Share	2.64	1.15	-1.44	-0.07	1.42	-0.46
Cash Interest Paid	0.33	-	-	10.5	12.6	6.17
Cash Income Tax Paid	8.81	1.14	2.56	10.59	12.62	1.92
Levered Free Cash Flow	203.45	53.25	-132.61	-57.54	50.76	-83.63
Unlevered Free Cash Flow	205.24	55.55	-128.74	-50.98	58.63	-79.77
Change in Working Capital	-104.66	-71.88	106.89	-95.02	-116.94	-26.78

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.