TADAWUL:4019 Cash Flow Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	269.14	266.23	185.22	168.7	102.96	55.97
Depreciation & Amortization	95.96	93.05	87.48	87.76	103.94	102.94
Loss (Gain) From Sale of Assets	-60.49	-60.49	2.29	0.02	-0.06	-0.05
Loss (Gain) From Sale of Investments	0.81	0.39	-	-	-	-
Provision & Write-off of Bad Debts	19.76	12.64	9.68	6.21	36.13	51.32
Other Operating Activities	51.8	56.49	48.05	56.65	34.69	23.28
Change in Accounts Receivable	-89.57	-65.37	92.16	-89.05	-121.1	-111.96
Change in Inventory	-6.14	-4.4	3.19	-5.89	-0.79	4.56
Change in Accounts Payable	1	11.01	-10.99	4.68	14.87	-32.13
Change in Other Net Operating Assets	5.54	13.19	-33.3	4.3	6.85	-178.17
Operating Cash Flow	287.8	322.74	383.78	233.37	177.48	-84.25
Operating Cash Flow Growth	-36.25%	-15.91%	64.45%	31.49%	-	-
Capital Expenditures	-87.97	-94.46	-94.27	-72.84	-60.89	-75.14
Sale of Property, Plant & Equipment	0.04	0.04	0.93	0.84	0.06	0.2
Investment in Securities	-3.13	-3.13	-	-	-	-
Investing Cash Flow	-91.07	-97.56	-93.34	-72	-60.82	-74.94
Short-Term Debt Issued	-	658.28	760.54	20	15	170
Long-Term Debt Issued	-	200	-	-	-	47.71
Total Debt Issued	771.83	858.28	760.54	20	15	217.71
Short-Term Debt Repaid	-	-902.29	-685	-	-	-
Long-Term Debt Repaid	-	-94.52	-85.51	-53.44	-46.96	-25.84
Total Debt Repaid	-895.4	-996.81	-770.51	-53.44	-46.96	-25.84
Net Debt Issued (Repaid)	-123.56	-138.53	-9.98	-33.44	-31.96	191.88
Common Dividends Paid	-200	-	-200	-60	-50	-35
Other Financing Activities	170.5	67.57	-35.81	-41.88	-25.73	-16.34
Financing Cash Flow	-153.06	-70.97	-245.78	-135.33	-107.69	140.54
Net Cash Flow	43.67	154.21	44.66	26.04	8.97	-18.65
Free Cash Flow	199.83	228.28	289.52	160.53	116.6	-159.38
Free Cash Flow Growth	-44.84%	-21.15%	80.35%	37.68%	-	-
Free Cash Flow Margin	12.89%	14.84%	20.14%	11.73%	9.65%	-15.13%
Free Cash Flow Per Share	0.80	0.91	1.16	1.89	1.37	-1.88
Cash Interest Paid	29.5	32.43	35.81	41.88	25.73	16.34
Levered Free Cash Flow	161.68	87.69	172.75	41.2	251.67	-201.45
Unlevered Free Cash Flow	187.11	114.24	200.98	71.48	270.31	-189.65
Change in Working Capital	-89.17	-45.57	51.06	-85.97	-100.17	-317.69

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