Arriyadh Development Co. 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	2015 - 2019
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	2015 - 2019
Net Income	341.04	296.2	271.54	300.36	318.31	227.93	Upgrade
Depreciation & Amortization	43.24	44.5	42.85	38.38	34.5	37.12	Upgrade
Loss (Gain) From Sale of Assets	-17.99	-17.19	-37.88	-0.04	-0.03	-0.01	Upgrade
Asset Writedown & Restructuring Costs	-	-	-	-	2.83	-	Upgrade
Loss (Gain) From Sale of Investments	-14.86	-0.01	-	-	-	-	Upgrade
Loss (Gain) on Equity Investments	-91.18	-125.86	-97.5	-190.47	-226.52	-87.2	Upgrade
Provision & Write-off of Bad Debts	-0.47	7.91	8.5	11.93	5.36	3.67	Upgrade
Other Operating Activities	-34.75	-70.41	10.36	-9.73	-3.19	3.76	Upgrade
Change in Accounts Receivable	78.4	15.74	21.18	-24.13	-13.78	-4.74	Upgrade
Change in Accounts Payable	-6.8	-50.65	6.74	-14.26	26.57	-14.62	Upgrade
Change in Other Net Operating Assets	-33.76	-33.76	-	-	-	-	Upgrade
Operating Cash Flow	262.88	66.46	225.8	112.04	144.06	165.91	Upgrade
Operating Cash Flow Growth	193.39%	-70.57%	101.53%	-22.23%	-13.17%	-12.84%	Upgrade
Capital Expenditures	-9.02	-11.35	-5.88	-7.52	-2.77	-2.01	Upgrade
Sale of Property, Plant & Equipment	0.02	-	-	0.04	0.04	0.01	Upgrade
Sale (Purchase) of Real Estate	-42.83	-83.36	18.69	-191.68	-0.55	-6.18	Upgrade
Investment in Securities	-607.46	-456.7	45	-206.12	-131.39	-65.93	Upgrade
Other Investing Activities	110.1	348.29	91.58	272.78	-	-	Upgrade
Investing Cash Flow	-549.19	-203.13	149.39	-132.5	-134.67	-74.1	Upgrade
Long-Term Debt Repaid	-	-6.2	-6.2	-6.2	-6.2	-12.62	Upgrade
Net Debt Issued (Repaid)	-6.2	-6.2	-6.2	-6.2	-6.2	-12.62	Upgrade
Common Dividends Paid	-58.1	-131.2	-88.56	-132.1	-288.73	-176.11	Upgrade
Other Financing Activities	-5.6	-	-	137.47	292.52	125.07	Upgrade
Financing Cash Flow	-69.9	-137.4	-94.76	-0.83	-2.41	-63.67	Upgrade
Net Cash Flow	-356.21	-274.07	280.43	-21.29	6.98	28.13	Upgrade
Free Cash Flow	253.85	55.1	219.91	104.52	141.3	163.9	Upgrade
Free Cash Flow Growth	218.26%	-74.94%	110.40%	-26.03%	-13.79%	12.31%	Upgrade
Free Cash Flow Margin	63.99%	17.14%	64.83%	40.37%	56.31%	68.94%	Upgrade
Free Cash Flow Per Share	1.19	0.31	1.24	0.59	0.80	0.92	Upgrade
Levered Free Cash Flow	266.85	5.36	167.09	57.48	179.42	65.82	Upgrade
Unlevered Free Cash Flow	268.59	6.93	168.78	59.29	181.35	67.86	Upgrade
Change in Working Capital	37.84	-68.68	27.92	-38.4	12.79	-19.36	Upgrade

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