TADAWUL:4013 Cash Flow Statement

Financials in millions SAR. Fiscal year is January - December.

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	2,364	2,315	2,046	1,651	1,377	1,055
Depreciation & Amortization	619.91	420.8	312.68	309.22	314.79	317.82
Loss (Gain) on Equity Investments	-16.94	-20.99	-22.18	-19.61	-7.49	-1.84
Provision & Write-off of Bad Debts	-	-	-	-	145.67	132.75
Other Operating Activities	732.51	602.39	483.01	388.95	201.91	123.85
Change in Accounts Receivable	-625.19	-688.23	-202.43	-40.29	-200.62	530.06
Change in Inventory	-301.63	-314.43	-58.18	-92.57	-26.98	-75.71
Change in Accounts Payable	426.84	559.49	326.08	156.19	176.97	-27.81
Change in Unearned Revenue	-	-	-	-	-	-6.12
Change in Other Net Operating Assets	256.16	96.07	359.16	491.03	201.92	185.8
Operating Cash Flow	3,456	2,970	3,244	2,844	2,183	2,234
Operating Cash Flow Growth	13.00%	-8.44%	14.08%	30.28%	-2.31%	110.96%
Capital Expenditures	-3,419	-3,829	-3,497	-1,513	-1,254	-813.98
Investment in Securities	44.12	40.98	-2.55	-426.04	-	-
Other Investing Activities	19.64	12.25	12.82	-	6	2
Investing Cash Flow	-3,355	-3,775	-3,487	-1,939	-1,248	-811.98
Long-Term Debt Issued	-	3,004	1,930	432.33	396	349.71
Long-Term Debt Repaid	-	-230.74	-315.14	-52.68	-45.07	-53.79
Net Debt Issued (Repaid)	1,606	2,773	1,615	379.65	350.93	295.92
Common Dividends Paid	-1,659	-1,642	-1,435	-1,138	-945	-525
Other Financing Activities	-312.24	-56.64	-63.99	-43.27	-36.64	-50.63
Financing Cash Flow	-365.19	1,075	115.87	-801.12	-630.7	-279.71
Net Cash Flow	-264.63	270.32	-126.61	103.16	304.57	1,143
Free Cash Flow	36.8	-858.19	-252.74	1,330	929.27	1,420
Free Cash Flow Growth	-	-	-	43.16%	-34.57%	335.41%
Free Cash Flow Margin	0.28%	-7.66%	-2.66%	16.01%	12.82%	24.23%
Free Cash Flow Per Share	0.10	-2.45	-0.72	3.80	2.65	4.06
Cash Interest Paid	312.24	158.43	63.99	43.27	36.64	50.63
Levered Free Cash Flow	-1,407	-2,118	-1,239	591.59	283.9	923.96
Unlevered Free Cash Flow	-1,206	-2,016	-1,196	622.43	307.58	954.27
Change in Working Capital	-243.82	-347.09	424.62	514.36	151.29	606.23

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