TADAWUL:4005 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	318.47	294.7	240.93	170.07	164.4
Depreciation & Amortization	109.07	82.49	51.54	41.9	50.16
Other Amortization	1.59	1.47	3.39	3.78	-
Loss (Gain) From Sale of Assets	-0.16	-0.06	-0.01	-0.01	-0.15
Stock-Based Compensation	3	-	-	-	-
Provision & Write-off of Bad Debts	17.77	32.72	-0.37	4.95	9
Other Operating Activities	18.82	-69.53	13.71	19.65	-11.24
Change in Accounts Receivable	-298.06	-70.71	192.88	-41.06	-142.78
Change in Inventory	-6.65	-0.72	-7.67	3.2	-0.01
Change in Accounts Payable	-9.88	-25.7	-27.67	14.37	24.43
Operating Cash Flow	153.97	244.66	466.74	216.85	93.8
Operating Cash Flow Growth	-37.07%	-47.58%	115.23%	131.18%	-12.10%
Capital Expenditures	-127.17	-108.02	-54.01	-31.02	-32.19
Sale of Property, Plant & Equipment	0.16	0.09	0.15	0.02	0.2
Cash Acquisitions	-	-23.48	-185.52	-	-
Sale (Purchase) of Intangibles	-3.86	-1.54	-0.56	-0.66	-5.23
Sale (Purchase) of Real Estate	-	-141.68	-	-180.15	-3.5
Investment in Securities	252.26	82.08	-385	-	-
Investing Cash Flow	121.39	-192.56	-624.94	-211.81	-40.72
Long-Term Debt Issued	136.26	37.93	190.69	-	-
Total Debt Issued	136.26	37.93	190.69	-	-
Long-Term Debt Repaid	-106.12	-11.07	-8.18	-5.94	-5.94
Total Debt Repaid	-106.12	-11.07	-8.18	-5.94	-5.94
Net Debt Issued (Repaid)	30.14	26.87	182.51	-5.94	-5.94
Repurchase of Common Stock	-	-34.11	-	-	-
Common Dividends Paid	-89.38	-89.7	-44.85	-44.85	-44.85
Financing Cash Flow	-59.24	-96.95	137.66	-50.79	-50.79
Net Cash Flow	216.12	-44.84	-20.54	-45.75	2.29
Free Cash Flow	26.8	136.63	412.73	185.83	61.61
Free Cash Flow Growth	-80.39%	-66.90%	122.10%	201.60%	-33.88%
Free Cash Flow Margin	1.68%	10.56%	38.15%	20.24%	7.29%
Free Cash Flow Per Share	0.60	3.05	9.20	4.14	1.37
Cash Interest Paid	29.32	22.36	1.42	-	-
Levered Free Cash Flow	-101.77	-19.94	347.12	135.85	22.24
Unlevered Free Cash Flow	-84.92	-5.73	349.31	135.85	22.24
Change in Working Capital	-314.59	-97.13	157.54	-23.49	-118.36

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