Arabian Pipes Company Cash Flow Statement

Financials in millions SAR. Fiscal year is January - December.

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	114.83	168.18	132.11	-10.49	-60.12	-195.34
Depreciation & Amortization	37.51	37.82	34.05	32.54	28.99	29.58
Other Amortization	1.43	1.4	0.6	0.03	-	-
Loss (Gain) From Sale of Assets	-	-	0.04	0.03	-	0.07
Asset Writedown & Restructuring Costs	0.18	2.8	-	-	-	-
Provision & Write-off of Bad Debts	-2.11	0.8	1.36	-	-	3.98
Other Operating Activities	-1.26	5.9	20.73	7.82	22.82	165.09
Change in Accounts Receivable	208.32	20.89	-82.4	-25.17	58.12	-10.87
Change in Inventory	112.27	-44.5	-77.26	-118.31	256.9	-86.35
Change in Accounts Payable	-76.17	-42.23	-30.05	37.16	-39.6	13.84
Change in Other Net Operating Assets	-20.5	-55.17	-3.68	24.48	51.83	2.42
Operating Cash Flow	374.51	95.89	-4.5	-51.91	318.94	-77.58
Capital Expenditures	-13.39	-13.28	-12.58	-2.5	-17.91	-8.3
Sale of Property, Plant & Equipment	-	-	-	-	0	-
Sale (Purchase) of Intangibles	-0.2	-0.04	-0.31	-	-	-
Investment in Securities	1	-20	-	-	-	-
Other Investing Activities	-	-	-	-	-0.41	-
Investing Cash Flow	-12.59	-33.32	-12.89	-2.5	-18.32	-8.3
Short-Term Debt Issued	-	-	-	-	-	532.69
Long-Term Debt Issued	-	992.33	811.13	475.3	159.45	-
Total Debt Issued	770.35	992.33	811.13	475.3	159.45	532.69
Short-Term Debt Repaid	-	-	-	-	-	-422.87
Long-Term Debt Repaid	-	-1,050	-777.37	-351.72	-452	-2.58
Total Debt Repaid	-1,068	-1,050	-777.37	-351.72	-452	-425.45
Net Debt Issued (Repaid)	-298.04	-57.25	33.76	123.58	-292.54	107.24
Other Financing Activities	-	-	-	-	-19.6	-21.29
Financing Cash Flow	-320.54	-57.25	33.76	123.58	-312.14	85.96
Net Cash Flow	41.37	5.32	16.38	69.18	-11.52	0.08
Free Cash Flow	361.12	82.61	-17.08	-54.4	301.03	-85.88
Free Cash Flow Margin	40.33%	7.26%	-1.57%	-11.36%	77.45%	-23.25%
Free Cash Flow Per Share	1.81	0.41	-0.09	-0.27	1.50	-0.43
Cash Interest Paid	39.47	53.21	33.4	7.1	19.6	21.29
Levered Free Cash Flow	305.86	48.14	-44.68	-87.6	360.49	-7.61
Unlevered Free Cash Flow	331.02	83.99	-19.93	-75.92	371.69	7.2
Change in Working Capital	223.92	-121.01	-193.39	-81.85	327.25	-80.96

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