Najran Cement Company 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	25.66	36.75	68.43	55.16	112.81	165.55
Depreciation & Amortization	98.19	98.35	96.48	91.64	74.96	73.88
Loss (Gain) From Sale of Assets	0.01	0.01	0.03	-0.1	0.44	0.03
Provision & Write-off of Bad Debts	0.09	0.09	-	-	0.18	0.23
Other Operating Activities	6	6.74	4.19	9.24	6.95	0.37
Change in Accounts Receivable	-2.62	-0.56	-0.76	7.6	-0.63	1.9
Change in Inventory	-74.07	-59.61	-35.6	-79.49	-91.99	12.92
Change in Accounts Payable	9.35	6.05	2.12	-0.96	1.05	-0.28
Change in Unearned Revenue	0.48	0.67	-0.95	1.4	-0.07	-1.31
Change in Other Net Operating Assets	3.24	-4.94	-29.4	30.89	-7.11	17.13
Operating Cash Flow	66.33	83.54	104.55	115.39	96.59	270.43
Operating Cash Flow Growth	-39.06%	-20.09%	-9.40%	19.46%	-64.28%	-24.61%
Capital Expenditures	-8.18	-12.92	-64.29	-153.69	-54.31	-53.24
Sale of Property, Plant & Equipment	0.28	0.29	1.33	0.96	-	-
Sale (Purchase) of Intangibles	-	-	-	-0.49	-0.02	-0.05
Investing Cash Flow	-7.9	-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	14.68	-	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	-46.27	-36.27	-51.11	-43.1	-278.75	-51.63
Net Debt Issued (Repaid)	-31.59	-36.27	-41.11	56.9	-0.25	-51.63
Repurchase of Common Stock	-37.39	-43.85	-	-	-	-
Common Dividends Paid	-0.56	-0.56	-	-42.37	-84.8	-254.99
Financing Cash Flow	-69.53	-80.67	-41.11	14.53	-85.04	-306.62
Net Cash Flow	-11.11	-9.76	0.47	-23.3	-42.78	-89.48
Free Cash Flow	58.14	70.62	40.25	-38.3	42.28	217.19
Free Cash Flow Growth	25.85%	75.44%	-	-	-80.53%	-37.59%
Free Cash Flow Margin	11.54%	13.68%	7.53%	-7.89%	7.89%	37.35%
Free Cash Flow Per Share	0.35	0.42	0.24	-0.23	0.25	1.28
Cash Interest Paid	19.01	19.43	24.24	21.82	-	7.89
Levered Free Cash Flow	48.85	56.06	11.79	-7.61	34.47	156.68
Unlevered Free Cash Flow	60.14	67.71	26.65	6.79	40.98	161.3
Change in Working Capital	-63.63	-58.4	-64.58	-40.56	-98.75	30.37

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