TADAWUL:1834 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	158.73	150.64	126.42	166.29	150.25	150.45
Depreciation & Amortization	144.3	143.67	134.65	163.25	66.06	57.75
Other Amortization	3.19	3.19	2.43	1.08	-	-
Loss (Gain) From Sale of Assets	-1.65	0.07	-0.98	-2.85	-5.38	-6.88
Asset Writedown & Restructuring Costs	0.71	1.08	-0.03	-	-	-
Loss (Gain) From Sale of Investments	0.34	0.24	3.67	-0.72	-0.6	-0.07
Loss (Gain) on Equity Investments	13.29	14.86	-	-	-	-
Provision & Write-off of Bad Debts	30.01	25.33	2.79	2.81	-0.99	4
Other Operating Activities	10.8	4.38	7.79	-1.63	11.72	3.92
Change in Accounts Receivable	-64.26	-73.28	-29.56	-75.95	2.43	-9.74
Change in Accounts Payable	15.77	19.84	-9.74	18.71	3.65	-15.02
Change in Unearned Revenue	-15.97	-4.98	-2.39	-24.93	5.01	-19.46
Change in Other Net Operating Assets	-72.53	-108.54	-115.13	-58.52	-36.96	-42.49
Operating Cash Flow	222.74	176.48	119.92	187.54	195.19	122.47
Operating Cash Flow Growth	38.09%	47.16%	-36.05%	-3.92%	59.38%	-58.34%
Capital Expenditures	-45.24	-32.5	-18.97	-31.08	-37.15	-10.78
Sale of Property, Plant & Equipment	1.65	0.07	4.99	3.68	11.18	18.89
Divestitures	-	-	-	-	-	-9.02
Sale (Purchase) of Intangibles	-1.28	-0.92	-2.42	-0.39	-	-
Investment in Securities	-63.03	0.19	-29.84	-54.9	-37.35	94.93
Investing Cash Flow	-107.89	-33.16	-46.24	-82.68	-63.33	94.02
Long-Term Debt Repaid	-	-22.98	-21.62	-14.62	-14.73	-14.02
Net Debt Issued (Repaid)	-24.37	-22.98	-21.62	-14.62	-14.73	-14.02
Common Dividends Paid	-100	-100	-48	-170	-108.66	-150.22
Financing Cash Flow	-124.37	-122.98	-69.62	-184.62	-123.39	-164.24
Net Cash Flow	-9.52	20.35	4.06	-79.76	8.48	52.25
Free Cash Flow	177.5	143.98	100.96	156.46	158.04	111.69
Free Cash Flow Growth	19.10%	42.62%	-35.48%	-1.00%	41.50%	-51.15%
Free Cash Flow Margin	8.24%	6.87%	5.33%	8.56%	8.59%	6.51%
Free Cash Flow Per Share	0.44	0.36	0.25	0.39	0.40	0.28
Levered Free Cash Flow	243.18	212.82	137.75	257.09	134.37	75.03
Unlevered Free Cash Flow	247.9	217.39	141.82	259.91	135.82	76.52
Change in Working Capital	-136.99	-166.97	-156.83	-140.68	-25.87	-86.71

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