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 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	636.46	295.97	215.06	67.63	110.54	54.91
Depreciation & Amortization	106.59	105.62	69.54	74.68	81.13	74.36
Other Amortization	-	-	-	-	-	-41.17
Gain (Loss) on Sale of Assets	-0.96	-0.85	-1.16	-19.69	-	-3.62
Gain (Loss) on Sale of Investments	-640.4	-	-	-	1.02	-1.64
Asset Writedown	-	-	-	-	-48.26	-
Income (Loss) on Equity Investments	-58.99	-60.17	-55.61	-19.76	-17	-11.57
Change in Accounts Receivable	-28.99	330.91	-392.63	39.11	155.66	-244.31
Change in Accounts Payable	18.54	-38.84	59.56	55.7	1.89	-20.97
Change in Other Net Operating Assets	165.29	-16.51	-50.98	-5.41	7.08	91.39
Other Operating Activities	373.59	333.86	363.77	91.84	37.27	47.97
Operating Cash Flow	618.2	973.69	959.31	-87.87	-175.03	233.96
Operating Cash Flow Growth	-49.93%	1.50%	-	-	-	-
Acquisition of Real Estate Assets	-391.4	-320.84	-172.93	-130.71	-79.91	-159.25
Sale of Real Estate Assets	1.24	1.13	2.81	20.68	52.55	97.88
Net Sale / Acq. of Real Estate Assets	-390.15	-319.71	-170.13	-110.03	-27.36	-61.37
Investment in Marketable & Equity Securities	-25.01	389.18	-301.44	-0.03	16.52	61.26
Other Investing Activities	10	10	10	10	10	10
Investing Cash Flow	-405.87	78.78	-461.95	-102.19	-1.37	0.73
Short-Term Debt Issued	-	-	100	-	-	-
Long-Term Debt Issued	-	-	-	-	382.68	60
Total Debt Issued	173.59	-	100	-	382.68	60
Short-Term Debt Repaid	-	-100	-	-	-	-
Long-Term Debt Repaid	-	-161.09	-145.9	-130.82	-1,055	-352.35
Total Debt Repaid	-167.62	-261.09	-145.9	-130.82	-1,055	-352.35
Net Debt Issued (Repaid)	5.97	-261.09	-45.9	-130.82	-672.56	-292.35
Issuance of Common Stock	-	-	-	-	1,593	-
Other Financing Activities	-230.79	-315.53	-181.09	-12	-28.3	-12.3
Miscellaneous Cash Flow Adjustments	-	-	-31.28	-	-	-
Net Cash Flow	-12.48	475.85	239.09	-332.87	715.74	-69.96
Cash Interest Paid	202.79	287.53	161.09	232.52	143.91	-
Levered Free Cash Flow	293.33	804.1	324.86	-666.46	733.46	-629.42
Unlevered Free Cash Flow	423.88	939.37	476.54	-512.96	826.71	-581.2
Change in Working Capital	201.92	299.26	367.71	-282.57	-339.72	80.93

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