Najran Cement Company 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	36.75	68.43	55.16	112.81	165.55
Depreciation & Amortization	98.35	96.48	91.64	74.96	73.88
Loss (Gain) From Sale of Assets	0.01	0.03	-0.1	0.44	0.03
Asset Writedown & Restructuring Costs	1.54	-	-	-	-
Provision & Write-off of Bad Debts	0.09	-	-	0.18	0.23
Other Operating Activities	5.2	4.19	9.24	6.95	0.37
Change in Accounts Receivable	-0.56	-0.76	7.6	-0.63	1.9
Change in Inventory	-59.61	-35.6	-79.49	-91.99	12.92
Change in Accounts Payable	6.05	2.12	-0.96	1.05	-0.28
Change in Unearned Revenue	0.67	-0.95	1.4	-0.07	-1.31
Change in Other Net Operating Assets	-4.94	-29.4	30.89	-7.11	17.13
Operating Cash Flow	83.54	104.55	115.39	96.59	270.43
Operating Cash Flow Growth	-20.09%	-9.40%	19.46%	-64.28%	-24.61%
Capital Expenditures	-12.92	-64.29	-153.69	-54.31	-53.24
Sale of Property, Plant & Equipment	0.29	1.33	0.96	-	-
Sale (Purchase) of Intangibles	-	-	-0.49	-0.02	-0.05
Investing Cash Flow	-12.63	-62.97	-153.22	-54.32	-53.29
Short-Term Debt Issued	-	10	20	-	-
Long-Term Debt Issued	-	-	80	278.5	-
Total Debt Issued	-	10	100	278.5	-
Short-Term Debt Repaid	-20	-	-	-	-
Long-Term Debt Repaid	-16.27	-51.11	-43.1	-278.75	-51.63
Total Debt Repaid	-36.27	-51.11	-43.1	-278.75	-51.63
Net Debt Issued (Repaid)	-36.27	-41.11	56.9	-0.25	-51.63
Repurchase of Common Stock	-43.85	-	-	-	-
Common Dividends Paid	-0.56	-	-42.37	-84.8	-254.99
Financing Cash Flow	-80.67	-41.11	14.53	-85.04	-306.62
Net Cash Flow	-9.76	0.47	-23.3	-42.78	-89.48
Free Cash Flow	70.62	40.25	-38.3	42.28	217.19
Free Cash Flow Growth	75.44%	-	-	-80.53%	-37.59%
Free Cash Flow Margin	13.68%	7.53%	-7.89%	7.89%	37.35%
Free Cash Flow Per Share	0.42	0.24	-0.23	0.25	1.28
Cash Interest Paid	-	24.24	21.82	-	7.89
Levered Free Cash Flow	55.97	11.69	-7.61	34.47	156.68
Unlevered Free Cash Flow	69.16	26.65	6.79	40.98	161.3
Change in Working Capital	-58.4	-64.58	-40.56	-98.75	30.37

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