Riyadh 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	192.38	207.83	310.44	188.77	189.84	213.73
Depreciation & Amortization	112.97	112.44	106.61	107.01	97.23	93.75
Loss (Gain) From Sale of Assets	-	-	-0.32	-	-	-
Loss (Gain) From Sale of Investments	-	-	-	-0.98	-	0.2
Provision & Write-off of Bad Debts	-	-	-	-	-2	-
Other Operating Activities	12.79	11.65	-8.77	4.5	2.51	1.87
Change in Accounts Receivable	-12.53	-29.3	-4.95	-6.48	6.59	-79.34
Change in Inventory	-111.09	-55.14	-17.1	6.63	-8.04	23.58
Change in Accounts Payable	32.18	-19.58	15.16	-3.41	-4.59	3.23
Change in Other Net Operating Assets	-1.53	15.21	33.91	-54.02	16.41	13.03
Operating Cash Flow	225.17	243.1	434.98	242.02	297.94	270.06
Operating Cash Flow Growth	-45.79%	-44.11%	79.73%	-18.77%	10.32%	-8.29%
Capital Expenditures	-128.66	-131.44	-91.85	-44.43	-48.45	-28.01
Sale of Property, Plant & Equipment	-	-	0.95	-	-	-
Investment in Securities	-	-	-	-20	-	-
Other Investing Activities	-	-	-	-	-	0.31
Investing Cash Flow	-92.62	-55.03	-156.68	-64.43	-48.45	-27.69
Short-Term Debt Issued	-	-	-	-	100	-
Long-Term Debt Issued	-	-	-	-	-	20
Total Debt Issued	-	-	-	-	100	20
Short-Term Debt Repaid	-	-	-	-	-100	-
Long-Term Debt Repaid	-	-2.46	-0.12	-	-0.12	-20.37
Total Debt Repaid	-3.06	-2.46	-0.12	-	-100.12	-20.37
Net Debt Issued (Repaid)	-3.06	-2.46	-0.12	-	-0.12	-0.37
Common Dividends Paid	-272.28	-272.28	-210.78	-186.22	-194.94	-226.05
Other Financing Activities	-0.06	-0.06	-	-	-	-
Financing Cash Flow	-275.4	-274.8	-210.9	-186.22	-195.06	-226.42
Net Cash Flow	-142.85	-86.73	67.39	-8.63	54.42	15.95
Free Cash Flow	96.52	111.67	343.13	197.59	249.48	242.05
Free Cash Flow Growth	-68.56%	-67.46%	73.66%	-20.80%	3.07%	-3.89%
Free Cash Flow Margin	12.66%	14.18%	43.47%	30.71%	41.72%	36.07%
Free Cash Flow Per Share	0.80	0.93	2.86	1.65	2.08	2.02
Cash Interest Paid	0.06	0.06	-	-	1.35	0.25
Levered Free Cash Flow	24.07	33.23	212.9	132.14	168.36	162.39
Unlevered Free Cash Flow	24.07	33.27	213.18	132.28	169.28	162.62
Change in Working Capital	-92.97	-88.82	27.01	-57.28	10.37	-39.49

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