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 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	285.46	280.6	177.9	54.58	126.33	197.26
Depreciation & Amortization	221.16	239.64	177.22	129.04	109.44	93.21
Loss (Gain) From Sale of Assets	1.89	1.89	-0.01	0.39	-	-
Asset Writedown & Restructuring Costs	0.04	0.04	-	-	-	-
Stock-Based Compensation	1.2	1.36	4.35	10.49	6.73	-
Other Operating Activities	12.61	13.8	29.02	-10.21	-7.58	4.96
Change in Accounts Receivable	0.28	54.16	-118.99	33.77	19.23	-99.72
Change in Inventory	-52.89	-35.23	-8.69	-15.76	-11.53	-8.41
Change in Accounts Payable	-26.32	-8.92	22.93	19.33	8.91	1.5
Change in Other Net Operating Assets	-70.39	-77.4	32.87	69.55	-111.63	-10.31
Operating Cash Flow	373.05	469.95	316.6	291.18	139.9	178.5
Operating Cash Flow Growth	-6.62%	48.43%	8.73%	108.14%	-21.63%	52.78%
Capital Expenditures	-258.7	-226.61	-215.2	-398.72	-146.02	-72.08
Sale of Property, Plant & Equipment	-	-	0.01	0.31	-	-
Investing Cash Flow	-252.6	-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	130	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	-125.81	-145.96	-128.67	-98.43	-124.61	-84.23
Net Debt Issued (Repaid)	4.19	-35.96	-47.67	-98.43	-124.61	-66.87
Issuance of Common Stock	0	8.33	-	-	609.28	-
Repurchase of Common Stock	-	-	-13.51	-	-	-
Common Dividends Paid	-112.29	-215.18	-137.16	-64.8	-167.9	-
Other Financing Activities	-	-	-	-	-3.98	-
Financing Cash Flow	-108.1	-242.81	-198.34	-163.23	312.79	-66.87
Net Cash Flow	12.35	0.53	-96.92	-270.45	306.67	39.55
Free Cash Flow	114.35	243.34	101.41	-107.53	-6.12	106.42
Free Cash Flow Growth	-50.70%	139.97%	-	-	-	-
Free Cash Flow Margin	11.16%	23.72%	12.99%	-22.04%	-1.05%	18.14%
Free Cash Flow Per Share	1.29	2.75	1.15	-1.44	-0.07	1.42
Cash Interest Paid	0.22	-	-	-	10.5	12.6
Cash Income Tax Paid	9.85	10.38	1.14	2.56	10.59	12.62
Levered Free Cash Flow	99.37	179.09	53.25	-132.61	-57.54	50.76
Unlevered Free Cash Flow	102.07	181.4	55.55	-128.74	-50.98	58.63
Change in Working Capital	-149.32	-67.39	-71.88	106.89	-95.02	-116.94

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