TADAWUL:4015 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	463.8	356.52	292.4	171.31	170.7
Depreciation & Amortization	43.45	36.88	26.15	24.37	24.08
Other Amortization	0.64	0.54	0.48	0.36	0.27
Loss (Gain) From Sale of Assets	0.03	-0.02	1.26	1.22	-0.09
Asset Writedown & Restructuring Costs	-	0.06	-	-	-
Loss (Gain) From Sale of Investments	0.1	4.52	-0.04	-	2.08
Loss (Gain) on Equity Investments	-13.84	-18.57	-4.41	0.32	-
Provision & Write-off of Bad Debts	2.42	11.39	2.1	2.35	2.25
Other Operating Activities	32.06	36.83	27.3	54.79	2.97
Change in Accounts Receivable	-145.56	-123.81	18.03	12.19	46.74
Change in Inventory	6.05	-55.39	-114.43	-7.52	-16.71
Change in Accounts Payable	13.55	20.93	44.53	-11.54	-3.59
Change in Other Net Operating Assets	3.6	-6.57	2.55	-18.53	-
Operating Cash Flow	406.29	263.3	295.92	229.33	228.7
Operating Cash Flow Growth	54.31%	-11.02%	29.04%	0.28%	-12.69%
Capital Expenditures	-53.04	-56.83	-45.18	-86.12	-126.79
Sale of Property, Plant & Equipment	0.01	0.34	0.05	0.15	0.14
Sale (Purchase) of Intangibles	-7.87	-0.17	-0.6	-1.53	-0.02
Investment in Securities	-	-5.6	-31.72	33.02	-19.08
Other Investing Activities	-7.89	-	-	-	2.48
Investing Cash Flow	-68.79	-62.25	-77.44	-54.48	-143.26
Long-Term Debt Repaid	-0.95	-0.31	-0.24	-0.35	-95.02
Net Debt Issued (Repaid)	-0.95	-0.31	-0.24	-0.35	-95.02
Common Dividends Paid	-242.2	-217	-70	-148.78	-113.33
Financing Cash Flow	-243.15	-217.31	-70.24	-149.13	-208.35
Foreign Exchange Rate Adjustments	1.57	-6.34	-5.14	2.83	-
Net Cash Flow	95.92	-22.6	143.09	28.55	-122.92
Free Cash Flow	353.25	206.47	250.74	143.2	101.9
Free Cash Flow Growth	71.09%	-17.66%	75.09%	40.52%	-10.15%
Free Cash Flow Margin	23.54%	15.66%	22.78%	15.62%	13.85%
Free Cash Flow Per Share	5.05	2.95	3.58	2.05	10.19
Cash Interest Paid	1	21.74	1.18	13.23	-
Levered Free Cash Flow	183.34	95.31	155.39	84.13	50.95
Unlevered Free Cash Flow	183.46	95.37	155.46	84.2	50.95
Change in Working Capital	-122.36	-164.85	-49.32	-25.39	26.44

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