Saudi Real Estate Company 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	456.71	215.06	67.63	110.54	54.91	-140.74
Depreciation & Amortization	76.38	69.54	74.68	81.13	74.36	74.13
Other Amortization	-	-	-	-	-41.17	38.37
Gain (Loss) on Sale of Assets	-212.11	-28.05	-19.69	-	-3.62	-
Gain (Loss) on Sale of Investments	-21.95	-0.79	-	1.02	-1.64	-9.65
Asset Writedown	-	-	-	-48.26	-	88.45
Income (Loss) on Equity Investments	-70.34	-55.61	-19.76	-17	-11.57	-16.04
Change in Accounts Receivable	-103.54	-392.63	39.11	155.66	-244.31	-72.86
Change in Accounts Payable	-11.42	59.56	55.7	1.89	-20.97	4.87
Change in Other Net Operating Assets	-228.05	-50.98	-5.41	7.08	91.39	12.36
Other Operating Activities	181.14	171.4	91.84	37.27	47.97	-91.14
Net Cash from Discontinued Operations	-	-	-	-	-	-4.64
Operating Cash Flow	949.36	735.7	-87.87	-175.03	233.96	-88.76
Operating Cash Flow Growth	144.01%	-	-	-	-	-
Acquisition of Real Estate Assets	-379.59	-172.93	-130.71	-79.91	-159.25	-95.7
Sale of Real Estate Assets	257.79	34.05	20.68	52.55	97.88	9.38
Net Sale / Acq. of Real Estate Assets	-121.79	-138.89	-110.03	-27.36	-61.37	-86.32
Investment in Marketable & Equity Securities	-6.24	-301.44	-0.03	16.52	61.26	134.37
Other Investing Activities	10	10	10	10	10	10
Investing Cash Flow	-118.42	-430.71	-102.19	-1.37	0.73	58.05
Short-Term Debt Issued	-	100	-	-	-	-
Long-Term Debt Issued	-	-	-	382.68	60	380.45
Total Debt Issued	-	100	-	382.68	60	380.45
Long-Term Debt Repaid	-	-145.9	-130.82	-1,055	-352.35	-9.46
Net Debt Issued (Repaid)	-262.12	-45.9	-130.82	-672.56	-292.35	370.99
Issuance of Common Stock	-	-	-	1,593	-	-
Other Financing Activities	-80.41	-20	-12	-28.3	-12.3	-
Net Cash Flow	488.41	239.09	-332.87	715.74	-69.96	340.28
Cash Interest Paid	213.5	161.09	232.52	143.91	-	97.34
Levered Free Cash Flow	610.89	324.86	-666.46	733.46	-629.42	106.74
Unlevered Free Cash Flow	759.73	476.54	-512.96	826.71	-581.2	117.55
Change in Working Capital	539.53	364.14	-282.57	-339.72	80.93	-50.64

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.