TADAWUL:1322 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	280.6	177.9	54.58	126.33	197.26
Depreciation & Amortization	239.64	177.22	129.04	109.44	93.21
Loss (Gain) From Sale of Assets	1.89	-0.01	0.39	-	-
Asset Writedown & Restructuring Costs	0.04	-	-	-	-
Stock-Based Compensation	1.36	4.35	10.49	6.73	-
Other Operating Activities	13.8	29.02	-10.21	-7.58	4.96
Change in Accounts Receivable	54.16	-118.99	33.77	19.23	-99.72
Change in Inventory	-35.23	-8.69	-15.76	-11.53	-8.41
Change in Accounts Payable	-8.92	22.93	19.33	8.91	1.5
Change in Other Net Operating Assets	-77.4	32.87	69.55	-111.63	-10.31
Operating Cash Flow	469.95	316.6	291.18	139.9	178.5
Operating Cash Flow Growth	48.43%	8.73%	108.14%	-21.63%	52.78%
Capital Expenditures	-226.61	-215.2	-398.72	-146.02	-72.08
Sale of Property, Plant & Equipment	-	0.01	0.31	-	-
Investing Cash Flow	-226.61	-215.19	-398.41	-146.02	-72.08
Short-Term Debt Issued	110	81	-	-	-
Long-Term Debt Issued	-	-	-	-	17.36
Total Debt Issued	110	81	-	-	17.36
Short-Term Debt Repaid	-130	-61	-	-	-
Long-Term Debt Repaid	-15.96	-67.67	-98.43	-124.61	-84.23
Total Debt Repaid	-145.96	-128.67	-98.43	-124.61	-84.23
Net Debt Issued (Repaid)	-35.96	-47.67	-98.43	-124.61	-66.87
Issuance of Common Stock	8.33	-	-	609.28	-
Repurchase of Common Stock	-	-13.51	-	-	-
Common Dividends Paid	-215.18	-137.16	-64.8	-167.9	-
Other Financing Activities	-	-	-	-3.98	-
Financing Cash Flow	-242.81	-198.34	-163.23	312.79	-66.87
Net Cash Flow	0.53	-96.92	-270.45	306.67	39.55
Free Cash Flow	243.34	101.41	-107.53	-6.12	106.42
Free Cash Flow Growth	139.97%	-	-	-	-
Free Cash Flow Margin	23.72%	12.99%	-22.04%	-1.05%	18.14%
Free Cash Flow Per Share	2.75	1.15	-1.44	-0.07	1.42
Cash Interest Paid	-	-	-	10.5	12.6
Cash Income Tax Paid	10.38	1.14	2.56	10.59	12.62
Levered Free Cash Flow	179.09	53.25	-132.61	-57.54	50.76
Unlevered Free Cash Flow	181.4	55.55	-128.74	-50.98	58.63
Change in Working Capital	-67.39	-71.88	106.89	-95.02	-116.94

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.