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

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