TADAWUL:4050 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	64.29	44.21	114.55	75.18	50.84
Depreciation & Amortization	443.96	389.59	340.2	284.54	162.27
Other Amortization	2.41	2.03	-	-	-
Loss (Gain) From Sale of Assets	-6.37	-7.42	-5.77	-106.54	-0.51
Asset Writedown & Restructuring Costs	0.25	18.53	-71.18	0.11	-
Loss (Gain) From Sale of Investments	-53.96	-19.76	-	-1.97	-1.89
Provision & Write-off of Bad Debts	13.89	3.88	9.11	-4.15	1.73
Other Operating Activities	179.31	161.32	154.56	128.36	63.35
Change in Accounts Receivable	-33.24	-21.88	-2.97	66.63	-28.72
Change in Inventory	-72.59	-40.18	-44.66	-5.6	-13.95
Change in Accounts Payable	136.14	72.27	20.85	219.77	223.61
Change in Other Net Operating Assets	-50.92	48.33	-11.7	-36.9	-54.37
Operating Cash Flow	623.16	650.94	502.99	619.42	402.37
Operating Cash Flow Growth	-4.27%	29.42%	-18.80%	53.94%	38.54%
Capital Expenditures	-265.46	-372.87	-242.68	-184.63	-194.19
Sale of Property, Plant & Equipment	9	11.39	6.45	13.18	6.13
Cash Acquisitions	2.62	-	-	-854.72	-
Sale (Purchase) of Intangibles	-0.17	-1.84	-0.38	-2.33	-0.62
Investment in Securities	-4.11	-70.9	-9.61	-208.46	1.41
Other Investing Activities	49.14	40.35	36.89	2.37	5.12
Investing Cash Flow	-208.98	-393.87	-209.33	-1,235	-182.16
Short-Term Debt Issued	250	230	841	25	-
Long-Term Debt Issued	338.77	315.82	145.72	1,340	217.36
Total Debt Issued	588.77	545.82	986.72	1,365	217.36
Short-Term Debt Repaid	-270	-210	-871	-	-94.41
Long-Term Debt Repaid	-435.5	-319.46	-575.4	-579.62	-257.88
Total Debt Repaid	-705.5	-529.46	-1,446	-579.62	-352.29
Net Debt Issued (Repaid)	-116.73	16.36	-459.67	785.38	-134.93
Common Dividends Paid	-0.05	-82.6	-117.56	-56.71	-30.6
Other Financing Activities	-235.04	-194.91	-142.68	349.71	-16.86
Financing Cash Flow	-351.82	-261.15	-719.92	1,078	-182.38
Net Cash Flow	62.36	-4.09	-426.26	463.2	37.83
Free Cash Flow	357.7	278.07	260.3	434.79	208.19
Free Cash Flow Growth	28.63%	6.83%	-40.13%	108.85%	53.66%
Free Cash Flow Margin	3.03%	2.73%	2.86%	5.54%	5.13%
Free Cash Flow Per Share	5.11	3.97	3.72	6.21	2.97
Cash Interest Paid	227.09	195.01	170.24	31.99	16.86
Levered Free Cash Flow	147.97	90.97	-13.22	568.7	207.95
Unlevered Free Cash Flow	282.43	204.21	84.72	640.55	243.71
Change in Working Capital	-20.61	58.55	-38.48	243.9	126.57

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.