TADAWUL:4017 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	290.18	287.55	279.6	326.32	334.28
Depreciation & Amortization	178.36	159.6	145.82	109.39	100.86
Other Amortization	3.93	3.28	3.63	-	4.26
Loss (Gain) From Sale of Assets	-1.91	4.48	-	-0.13	1.41
Asset Writedown & Restructuring Costs	-	-	0.36	13.07	9.4
Stock-Based Compensation	6.04	-	-	-	-
Provision & Write-off of Bad Debts	24.42	13.48	11.35	20.96	57.54
Other Operating Activities	-37.3	-51.05	-67.95	35.97	41.49
Change in Accounts Receivable	-75.13	-129.53	-74.86	-185.29	-49.56
Change in Inventory	-17.57	-15.61	-31.66	-6.31	-3.84
Change in Accounts Payable	-10.67	97.6	43.88	57.95	8.61
Change in Other Net Operating Assets	93.54	66.3	-81.53	-386.58	-249.78
Operating Cash Flow	453.91	436.1	228.63	-14.63	254.68
Operating Cash Flow Growth	4.08%	90.75%	-	-	7003.14%
Capital Expenditures	-461.5	-517.65	-196.32	-123.6	-80.05
Sale of Property, Plant & Equipment	2.52	0.99	3.53	0.56	1.01
Cash Acquisitions	-	-	-	-261.77	-
Sale (Purchase) of Intangibles	-9.08	-7.2	-4.12	0.46	-2.28
Sale (Purchase) of Real Estate	-58.83	-	-176.08	-	-19.35
Investment in Securities	-99.15	-195.6	-	-	-
Other Investing Activities	10.71	16.25	1,386	-	-
Investing Cash Flow	-615.33	-703.21	1,013	-384.34	-100.67
Short-Term Debt Issued	82.54	-	-	504.01	-
Long-Term Debt Issued	13.5	111.5	1,241	80.79	-
Total Debt Issued	96.04	111.5	1,241	584.8	-
Short-Term Debt Repaid	-	-279	-60.02	-	-
Long-Term Debt Repaid	-44.42	-1,065	-1,398	-46.22	-126.77
Total Debt Repaid	-44.42	-1,344	-1,458	-46.22	-126.77
Net Debt Issued (Repaid)	51.62	-1,232	-217.26	538.58	-126.77
Issuance of Common Stock	-	1,683	-	-	-
Common Dividends Paid	-69	-	-1,150	-35	-22.6
Other Financing Activities	84.18	135.45	23.41	20.5	-0.17
Financing Cash Flow	66.8	586.6	-1,344	524.08	-149.54
Net Cash Flow	-94.62	319.49	-102.47	125.11	4.47
Free Cash Flow	-7.59	-81.55	32.31	-138.23	174.63
Free Cash Flow Margin	-0.25%	-2.92%	1.39%	-6.87%	8.89%
Free Cash Flow Per Share	-0.03	-0.38	0.16	-0.69	1.75
Cash Interest Paid	74.04	124.19	113.7	36.61	15.06
Levered Free Cash Flow	-97.51	-167.24	13.93	18.36	285.41
Unlevered Free Cash Flow	-66.98	-107.45	90.28	53.33	307.15
Change in Working Capital	-9.82	18.76	-144.17	-520.22	-294.57

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