TADAWUL:2350 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	-2,133	-2,294	-1,804	-2,136	-1,244	2,391
Depreciation & Amortization	2,371	2,373	2,444	2,453	2,393	2,402
Other Amortization	33.78	33.78	18.78	21.12	26.56	45.89
Loss (Gain) From Sale of Assets	-1.33	-	-	-	-	-
Asset Writedown & Restructuring Costs	18.53	18.53	45.8	92.85	29.61	22.33
Other Operating Activities	132.78	101.75	-122.94	34.78	33.73	152.33
Change in Accounts Receivable	517.3	266.6	-12.47	-63.59	1,599	-1,196
Change in Inventory	-516.92	-36.37	-135.25	155.8	376.85	-452.33
Change in Accounts Payable	-289.09	-715.03	1,480	411.56	332.92	136.5
Change in Other Net Operating Assets	269.52	-50.94	196.36	-84.5	-367.85	326.83
Operating Cash Flow	402.92	-302.68	2,111	884.52	3,180	3,828
Operating Cash Flow Growth	-59.39%	-	138.64%	-72.19%	-16.92%	75.26%
Capital Expenditures	-688.37	-647.84	-690.77	-781.06	-354.47	-422.55
Sale (Purchase) of Intangibles	-	-	-2.42	-6.59	-	-0.89
Investment in Securities	-	-	-	-	-	615
Other Investing Activities	97.86	97.86	84.38	-	-	-
Investing Cash Flow	-590.51	-549.98	-608.81	-787.65	-354.47	191.56
Long-Term Debt Issued	-	7,993	-	1,500	900	-
Long-Term Debt Repaid	-	-7,266	-1,760	-1,457	-4,272	-3,683
Net Debt Issued (Repaid)	-109.63	727.35	-1,760	42.9	-3,372	-3,683
Financing Cash Flow	-109.63	727.35	-1,760	42.9	-3,372	-3,683
Net Cash Flow	-297.21	-125.32	-258.26	139.77	-545.93	336.58
Free Cash Flow	-285.45	-950.52	1,420	103.46	2,826	3,406
Free Cash Flow Growth	-	-	1272.55%	-96.34%	-17.02%	85.32%
Free Cash Flow Margin	-3.62%	-11.24%	16.27%	1.27%	25.33%	26.91%
Free Cash Flow Per Share	-0.19	-0.63	0.95	0.07	1.88	2.27
Cash Interest Paid	483.42	566.38	668.32	672.53	316.3	210.47
Levered Free Cash Flow	428.13	-69.06	2,019	932.25	3,113	2,509
Unlevered Free Cash Flow	791.95	280.02	2,422	1,340	3,316	2,641
Change in Working Capital	-19.18	-535.75	1,529	419.27	1,941	-1,185

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