TADAWUL:2370 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	115.04	101.66	91	48.94	-11.79	-22.72
Depreciation & Amortization	22.22	21.69	19.75	18.53	18.42	18.78
Other Amortization	0.12	0.12	0.07	0.07	0.06	0.05
Loss (Gain) From Sale of Assets	-0.06	-0.06	-1.05	-0.02	0.23	0.22
Asset Writedown & Restructuring Costs	0.28	0.18	-0.2	0.11	-0.13	0.16
Provision & Write-off of Bad Debts	21.29	16.07	4.65	3.6	-3.4	-8.2
Other Operating Activities	38.01	18.74	14.72	15.39	28.38	7.8
Change in Accounts Receivable	-318.99	-152.91	-103.6	-34.4	-67.82	54.53
Change in Inventory	-98.33	-91.85	-61.17	-4.6	-73.02	-37.11
Change in Accounts Payable	160.14	88.28	2.63	34.02	65.18	49.15
Change in Other Net Operating Assets	3.41	3.11	-12.27	-0.02	0.54	-0.05
Operating Cash Flow	-56.87	5.05	-45.46	81.61	-43.34	62.61
Operating Cash Flow Growth	-	-	-	-	-	57.01%
Capital Expenditures	-20.5	-19.96	-26.77	-12.78	-3.26	-10.66
Sale of Property, Plant & Equipment	0.08	0.08	3.85	0.07	0.09	-
Sale (Purchase) of Intangibles	-5	-4.38	-2.26	-0.48	-0.55	-0.85
Investing Cash Flow	-25.42	-24.26	-25.18	-13.19	-3.71	-11.51
Short-Term Debt Issued	-	678.48	194.49	144.79	114.63	-
Long-Term Debt Issued	-	51.54	-	-	-	-
Total Debt Issued	894.63	730.02	194.49	144.79	114.63	-
Short-Term Debt Repaid	-	-639.69	-117.77	-197.02	-53.43	-9.58
Long-Term Debt Repaid	-	-1.44	-1.01	-38.7	-38.68	-22.85
Total Debt Repaid	-779.23	-641.12	-118.78	-235.72	-92.11	-32.43
Net Debt Issued (Repaid)	115.41	88.9	75.71	-90.93	22.52	-32.43
Common Dividends Paid	-40	-40	-	-	-	-
Other Financing Activities	-9.94	-9.42	-6.77	-	-	-
Financing Cash Flow	65.46	39.47	68.94	-90.93	22.52	-32.43
Net Cash Flow	-16.83	20.27	-1.7	-22.52	-24.53	18.67
Free Cash Flow	-77.37	-14.91	-72.23	68.83	-46.6	51.95
Free Cash Flow Growth	-	-	-	-	-	40.14%
Free Cash Flow Margin	-4.82%	-1.01%	-6.31%	7.43%	-5.72%	10.06%
Free Cash Flow Per Share	-1.93	-0.37	-1.81	1.72	-1.17	1.30
Cash Interest Paid	9.94	9.42	6.77	3.46	2.92	3.07
Levered Free Cash Flow	-103.13	-51.84	-54.91	25.9	-18.83	63.97
Unlevered Free Cash Flow	-94.99	-45.65	-52.72	28.63	-16.62	66
Change in Working Capital	-253.77	-153.36	-174.4	-5	-75.12	66.52

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