TADAWUL:2080 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	249.13	248.75	227.32	214.06	201.36
Depreciation & Amortization	74.95	110.92	99.69	103.85	86.02
Other Amortization	-	7.69	14.89	14.61	15.3
Loss (Gain) on Sale of Assets	-0.47	-4.99	-3.66	-30.87	-0.51
Loss (Gain) on Sale of Investments	18.04	-8.52	-31.07	3.94	-23.69
Loss (Gain) on Equity Investments	-10.88	-7.09	-8	-2.74	-13.43
Asset Writedown	-	-	-	-	0.01
Change in Accounts Receivable	-8.62	-54.14	-5.8	-0.97	15.67
Change in Inventory	-34.11	-56.63	-46.43	-7.31	-3.46
Change in Accounts Payable	65.66	85.21	-12.77	82.19	16.76
Change in Unearned Revenue	1.19	9.26	2.34	-	-
Change in Other Net Operating Assets	-23.8	-33.7	0.48	26.87	-58.48
Other Operating Activities	-49.83	-112.6	-95.58	-69.35	-108.17
Operating Cash Flow	361.89	194.1	184.6	392.88	130.08
Operating Cash Flow Growth	86.45%	5.14%	-53.01%	202.03%	16.77%
Capital Expenditures	-201.89	-203.17	-142.58	-169.74	-168.07
Sale of Property, Plant & Equipment	1.15	6.27	5.46	32.93	2.6
Sale (Purchase) of Intangibles	-24.97	-21.74	-16.59	-15.79	-7.43
Investment in Securities	104.68	6.65	-42.78	33.55	-116.5
Other Investing Activities	54	63.69	70.12	79.36	110.6
Investing Cash Flow	-67.03	-148.3	-126.37	-39.69	-178.8
Long-Term Debt Issued	168.15	286.05	-	-	-
Long-Term Debt Repaid	-243.61	-222.32	-27.05	-46.07	-69.48
Net Debt Issued (Repaid)	-75.46	63.73	-27.05	-46.07	-69.48
Common Dividends Paid	-167.48	-160.25	-75.37	-191.86	-92.41
Other Financing Activities	-4.82	-3.79	-2.02	-2.78	-3.13
Financing Cash Flow	-247.76	-100.3	-104.45	-240.71	-165.02
Net Cash Flow	47.1	-54.5	-46.21	112.48	-213.74
Free Cash Flow	160	-9.08	42.02	223.14	-37.99
Free Cash Flow Growth	-	-	-81.17%	-	-
Free Cash Flow Margin	4.90%	-0.32%	1.71%	10.73%	-1.99%
Free Cash Flow Per Share	2.13	-0.12	0.56	2.98	-0.51
Cash Interest Paid	-	3.05	0.71	0.76	-
Levered Free Cash Flow	-36.14	-92.38	1.09	137.13	-72.45
Unlevered Free Cash Flow	-33.23	-90.8	0.9	136.36	-74.47
Change in Working Capital	80.63	-35.76	-20.76	163.64	-25.48

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