TADAWUL:4013 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	2,401	2,315	2,046	1,651	1,377
Depreciation & Amortization	671.62	420.8	312.68	309.22	314.79
Loss (Gain) on Equity Investments	-22.74	-20.99	-22.18	-19.61	-7.49
Provision & Write-off of Bad Debts	-	-	-	-	145.67
Other Operating Activities	669.93	602.39	483.01	388.95	201.91
Change in Accounts Receivable	-652.69	-688.23	-202.43	-40.29	-200.62
Change in Inventory	-180.64	-314.43	-58.18	-92.57	-26.98
Change in Accounts Payable	175.35	559.49	326.08	156.19	176.97
Change in Other Net Operating Assets	339.59	96.07	359.16	491.03	201.92
Operating Cash Flow	3,402	2,970	3,244	2,844	2,183
Operating Cash Flow Growth	14.53%	-8.44%	14.08%	30.28%	-2.31%
Capital Expenditures	-2,983	-3,829	-3,497	-1,513	-1,254
Investment in Securities	-3.3	40.98	-2.55	-426.04	-
Other Investing Activities	16.14	12.25	12.82	-	6
Investing Cash Flow	-2,970	-3,775	-3,487	-1,939	-1,248
Long-Term Debt Issued	1,225	3,004	1,930	432.33	396
Long-Term Debt Repaid	-269.91	-230.74	-315.14	-52.68	-45.07
Net Debt Issued (Repaid)	955.42	2,773	1,615	379.65	350.93
Common Dividends Paid	-1,663	-1,642	-1,435	-1,138	-945
Other Financing Activities	-333.47	-56.64	-63.99	-43.27	-36.64
Financing Cash Flow	-1,041	1,075	115.87	-801.12	-630.7
Net Cash Flow	-609.07	270.32	-126.61	103.16	304.57
Free Cash Flow	418.64	-858.19	-252.74	1,330	929.27
Free Cash Flow Growth	-	-	-	43.16%	-34.57%
Free Cash Flow Margin	3.05%	-7.66%	-2.66%	16.01%	12.82%
Free Cash Flow Per Share	1.20	-2.45	-0.72	3.80	2.65
Cash Interest Paid	333.47	158.43	63.99	43.27	36.64
Levered Free Cash Flow	-1,073	-2,118	-1,239	591.59	283.9
Unlevered Free Cash Flow	-860.84	-2,016	-1,196	622.43	307.58
Change in Working Capital	-318.38	-347.09	424.62	514.36	151.29

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