TADAWUL:2020 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	4,322	3,327	3,659	10,037	5,228
Depreciation & Amortization	882.38	928.72	907.06	843.37	848.16
Other Amortization	4.21	7.75	8.34	11.09	13.31
Loss (Gain) From Sale of Assets	-	1.03	6.05	9.72	0.67
Asset Writedown & Restructuring Costs	15.33	-	-	-	102.11
Loss (Gain) on Equity Investments	-287.23	-161.11	-168.33	-408.32	-242.87
Provision & Write-off of Bad Debts	0.52	-1.25	1.68	0.42	-
Other Operating Activities	183.7	75.14	123.94	594.12	853.66
Change in Accounts Receivable	10.51	-19.69	992.68	-40.92	-1,696
Change in Inventory	21.23	-35.42	100.13	-63.65	-87.4
Change in Accounts Payable	200.25	82.19	-34.09	575.03	-56.59
Change in Other Net Operating Assets	-51.3	-93.74	83.08	48.3	155.5
Operating Cash Flow	5,302	4,111	5,680	11,606	5,119
Operating Cash Flow Growth	28.97%	-27.63%	-51.06%	126.73%	144.45%
Capital Expenditures	-781.46	-773.56	-888.66	-770.31	-663.84
Sale (Purchase) of Intangibles	-	-1.19	-1.78	-26.77	-0.73
Investment in Securities	-5,843	3,105	-3,638	-3,798	970.93
Other Investing Activities	37.5	166.88	-	307.5	-
Investing Cash Flow	-6,587	2,497	-4,528	-4,288	306.35
Short-Term Debt Repaid	-	-	-	-	-100.13
Long-Term Debt Repaid	-30.09	-7.29	-29.33	-32.09	-28.81
Total Debt Repaid	-30.09	-7.29	-29.33	-32.09	-128.94
Net Debt Issued (Repaid)	-30.09	-7.29	-29.33	-32.09	-128.94
Common Dividends Paid	-3,094	-2,852	-5,223	-3,317	-1,072
Other Financing Activities	-76.54	-177.74	-275.77	-645.57	-171.24
Financing Cash Flow	-3,200	-3,037	-5,528	-3,995	-1,372
Miscellaneous Cash Flow Adjustments	-	-	-	-	712.31
Net Cash Flow	-4,485	3,571	-4,376	3,323	4,766
Free Cash Flow	4,520	3,337	4,791	10,836	4,455
Free Cash Flow Growth	35.45%	-30.35%	-55.78%	143.22%	139.74%
Free Cash Flow Margin	34.57%	30.17%	43.43%	57.09%	46.45%
Free Cash Flow Per Share	9.49	7.01	10.06	22.76	9.36
Cash Interest Paid	13.84	13.84	19.53	14.44	6.62
Cash Income Tax Paid	18.6	11.45	131.68	141.14	32.23
Levered Free Cash Flow	1,477	1,892	4,675	7,091	2,250
Unlevered Free Cash Flow	1,479	1,900	4,686	7,098	2,258
Change in Working Capital	180.68	-66.66	1,142	518.76	-1,684

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