TADAWUL:1831 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	272.77	175.28	100.23	113.46	144.93
Depreciation & Amortization	31.94	33.01	32.42	29.61	23.12
Loss (Gain) From Sale of Assets	-4.63	-1.1	-1.15	-0.03	-10.69
Asset Writedown & Restructuring Costs	0.31	-	1.96	-	-
Loss (Gain) From Sale of Investments	-106.29	-1.44	-0.84	-3.16	-1.27
Loss (Gain) on Equity Investments	-25.23	-76.11	-40.52	-15.88	1.94
Stock-Based Compensation	9.76	1.21	-	-	-
Provision & Write-off of Bad Debts	3.01	4.27	24.35	8.37	-2.66
Other Operating Activities	82	51.19	48.12	10.28	1.59
Change in Accounts Receivable	-234.17	-112.14	-41.85	-99.25	21.46
Change in Accounts Payable	72.88	10.3	45.28	43.99	-48.76
Change in Unearned Revenue	42.07	9.55	-32.16	43.51	0.18
Change in Other Net Operating Assets	-41.12	-58.17	57.29	63	-101.91
Operating Cash Flow	-19.69	71.11	148.78	193.91	27.93
Operating Cash Flow Growth	-	-52.21%	-23.27%	594.36%	-88.67%
Capital Expenditures	-9.5	-38.92	-14.84	-13.74	-11.67
Sale of Property, Plant & Equipment	9.25	1.68	1.57	0.5	24.37
Sale (Purchase) of Intangibles	-1.54	-0.01	-0.71	-0	-0.77
Sale (Purchase) of Real Estate	-	-	-	-0.35	-
Investment in Securities	470.43	-23.93	-7.99	-609.12	146.23
Other Investing Activities	37.63	35.18	7.76	-	-
Investing Cash Flow	506.27	-26	-14.22	-622.7	158.16
Short-Term Debt Issued	147.71	122.94	-	-	-
Long-Term Debt Issued	-	24.19	-	562.61	-
Total Debt Issued	147.71	147.13	-	562.61	-
Long-Term Debt Repaid	-469.35	-123.7	-18.56	-15.24	-13.95
Net Debt Issued (Repaid)	-321.64	23.43	-18.56	547.37	-13.95
Common Dividends Paid	-67.5	-65.25	-82.5	-121.88	-140.63
Other Financing Activities	-41.98	-48.55	-38.1	-2.54	-
Financing Cash Flow	-431.12	-90.37	-139.16	422.95	-154.58
Net Cash Flow	55.45	-45.26	-4.6	-5.85	31.51
Free Cash Flow	-29.2	32.19	133.94	180.17	16.25
Free Cash Flow Growth	-	-75.97%	-25.66%	1008.39%	-93.19%
Free Cash Flow Margin	-0.94%	1.44%	7.09%	10.70%	1.23%
Free Cash Flow Per Share	-0.07	0.07	0.30	0.40	0.04
Cash Interest Paid	41.98	46.96	38.1	-	-
Levered Free Cash Flow	-64.81	-134.42	98.97	110.2	7.47
Unlevered Free Cash Flow	-39.14	-107.09	124.72	116.33	7.91
Change in Working Capital	-283.33	-115.21	-15.78	51.26	-129.03

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