Saudi Marketing 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	24.68	25.43	21.79	22.83	20.77
Depreciation & Amortization	142.22	137.58	129.36	120.07	115.95
Other Amortization	0.3	0.36	0.67	1.15	1.01
Loss (Gain) From Sale of Assets	-1.76	-2.81	1.39	-0.17	-0.13
Asset Writedown & Restructuring Costs	4.51	0.74	-	-	-
Loss (Gain) From Sale of Investments	6.51	-4.48	-4.92	-2.22	-0.6
Provision & Write-off of Bad Debts	-	0.28	0.04	-	-
Other Operating Activities	34.61	51.57	47.85	49.74	46.62
Change in Accounts Receivable	-0.08	2.86	2.89	-0.62	-3.5
Change in Inventory	-56.32	-16.58	-60.9	-84.79	-31.88
Change in Accounts Payable	-18.23	-52.93	-18.99	68.08	-28.6
Change in Other Net Operating Assets	-1.88	-5.39	4.44	-11.57	2.48
Operating Cash Flow	134.55	136.63	123.64	162.49	122.12
Operating Cash Flow Growth	-1.52%	10.51%	-23.91%	33.06%	-28.50%
Capital Expenditures	-98.83	-126.01	-86	-61.37	-36.66
Sale of Property, Plant & Equipment	6.87	0.34	2.26	0.8	0.26
Sale (Purchase) of Intangibles	-0.32	-0.03	-0	-0.03	-0.03
Sale (Purchase) of Real Estate	-	40.88	-	-	-
Investment in Securities	0.74	-1.77	-0.76	-1.96	-1.31
Investing Cash Flow	-91.54	-86.59	-84.51	-62.55	-37.74
Short-Term Debt Issued	-	103	40.38	-	-
Long-Term Debt Issued	110	-	50	50	85
Total Debt Issued	110	103	90.38	50	85
Short-Term Debt Repaid	-1	-	-	-15.38	-22.73
Long-Term Debt Repaid	-154.93	-153.88	-120.38	-118.88	-145.77
Total Debt Repaid	-155.93	-153.88	-120.38	-134.26	-168.51
Net Debt Issued (Repaid)	-45.93	-50.88	-30	-84.26	-83.51
Common Dividends Paid	-	-	-22.5	-	-
Financing Cash Flow	-45.93	-50.88	-52.5	-84.26	-83.51
Net Cash Flow	-2.91	-0.84	-13.37	15.68	0.88
Free Cash Flow	35.72	10.62	37.63	101.12	85.46
Free Cash Flow Growth	236.30%	-71.77%	-62.79%	18.33%	-41.05%
Free Cash Flow Margin	2.01%	0.58%	2.08%	5.62%	5.17%
Free Cash Flow Per Share	0.79	0.24	0.84	2.25	1.90
Cash Interest Paid	50.92	45.81	36.59	22.96	10.26
Levered Free Cash Flow	-7.49	8.85	-52.44	51.33	32.93
Unlevered Free Cash Flow	44.84	57.94	-8.39	88.27	63.65
Change in Working Capital	-76.51	-72.04	-72.55	-28.9	-61.5

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