TADAWUL:4031 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	404.71	327.03	211.48	-244.49	-254.41
Depreciation & Amortization	190.75	183.55	176.41	169.03	156.87
Other Amortization	-	-	6.12	12.82	12.82
Loss (Gain) From Sale of Assets	-	-5.25	-0	-0.94	-4.14
Loss (Gain) From Sale of Investments	-10.79	-17.02	-10.47	-41.12	-14.38
Loss (Gain) on Equity Investments	-67.5	-28.47	-23.34	-24.07	34.7
Provision & Write-off of Bad Debts	4.14	46.58	22.7	5.4	78.82
Other Operating Activities	116.94	132.68	67.27	250.37	76.23
Change in Accounts Receivable	127.76	10.82	-118.25	-90.98	60.71
Change in Inventory	-0.34	-4.08	5.07	-3.87	-5.93
Change in Accounts Payable	-9.9	-15.27	4.45	7.97	-12
Change in Other Net Operating Assets	-16	-135.36	0.52	-8.1	-131.58
Operating Cash Flow	739.78	495.21	341.95	32.04	-2.29
Operating Cash Flow Growth	49.39%	44.82%	967.20%	-	-
Capital Expenditures	-242.08	-176.49	-142.55	-61.25	-93.56
Sale of Property, Plant & Equipment	-	5.58	0	0.94	6.9
Investment in Securities	128.79	18.46	-404.79	1,223	-409.38
Other Investing Activities	3.6	6.45	1.55	2	27.96
Investing Cash Flow	-109.69	-145.99	-545.79	1,165	-468.08
Long-Term Debt Issued	-	-	-	-	750
Long-Term Debt Repaid	-86.28	-153.22	-581.94	-587.16	-120.59
Net Debt Issued (Repaid)	-86.28	-153.22	-581.94	-587.16	629.41
Common Dividends Paid	-376	-187.4	-	-	-
Financing Cash Flow	-462.28	-340.62	-581.94	-587.16	629.41
Net Cash Flow	167.81	8.6	-785.78	609.55	159.03
Free Cash Flow	497.7	318.73	199.4	-29.21	-95.85
Free Cash Flow Growth	56.15%	59.85%	-	-	-
Free Cash Flow Margin	18.23%	11.88%	8.11%	-1.48%	-5.96%
Free Cash Flow Per Share	2.65	1.70	1.06	-0.15	-0.51
Cash Interest Paid	0.02	5.42	29.14	12.58	19.73
Levered Free Cash Flow	271.9	253.73	68.95	157.42	-79.99
Unlevered Free Cash Flow	278.32	259.93	87.51	176.52	-63.61
Change in Working Capital	101.52	-143.89	-108.22	-94.98	-88.8

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