TADAWUL:4192 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	58.03	37.54	98.19	129.77	184.88
Depreciation & Amortization	59.33	53.94	42.7	33.35	31.66
Other Amortization	0.4	0.39	0.33	0.07	-
Loss (Gain) From Sale of Assets	-0.33	-43	-	-16.58	0
Loss (Gain) From Sale of Investments	-0.5	-0.08	-0.48	1.61	-4.29
Provision & Write-off of Bad Debts	1.33	0.13	0.38	-	-
Other Operating Activities	12.92	22.3	8.58	10.61	7.5
Change in Accounts Receivable	0.83	5.58	-6.81	-0.62	-1.63
Change in Inventory	-74.61	126.87	-170.55	19.18	-68.1
Change in Accounts Payable	28.12	-12.87	20.76	-1.59	5.2
Change in Unearned Revenue	-	-	-	-1.51	-0.21
Change in Other Net Operating Assets	-6.84	10.97	-1.85	-11.42	6.35
Operating Cash Flow	78.68	201.77	-8.74	162.88	161.37
Operating Cash Flow Growth	-61.00%	-	-	0.94%	-12.21%
Capital Expenditures	-7.74	-32.74	-55.78	-19.21	-18.42
Sale of Property, Plant & Equipment	0.47	97.01	-	35	0.06
Sale (Purchase) of Intangibles	-0.94	-0.11	-0.2	-1.68	-
Sale (Purchase) of Real Estate	-	-	-14.53	-33.47	-12.97
Investment in Securities	0.5	0.08	0.48	-1.61	19.2
Investing Cash Flow	-7.71	64.24	-70.03	-20.96	-12.13
Short-Term Debt Issued	43.73	245.63	232.13	103.05	142.44
Total Debt Issued	43.73	245.63	232.13	103.05	142.44
Short-Term Debt Repaid	-109.08	-410.94	-1.53	-155.63	-137.95
Long-Term Debt Repaid	-45.73	-41.47	-34.62	-22.35	-22.47
Total Debt Repaid	-154.8	-452.41	-36.14	-177.98	-160.42
Net Debt Issued (Repaid)	-111.08	-206.78	195.99	-74.92	-17.98
Common Dividends Paid	-	-0.01	-139.97	-65	-
Other Financing Activities	-2.45	-14.94	-	-1.8	-0.73
Financing Cash Flow	-113.53	-221.74	56.03	-141.73	-168.7
Net Cash Flow	-42.56	44.27	-22.74	0.19	-19.46
Free Cash Flow	70.94	169.03	-64.52	143.67	142.95
Free Cash Flow Growth	-58.03%	-	-	0.50%	-12.40%
Free Cash Flow Margin	9.35%	23.11%	-8.96%	19.44%	17.32%
Free Cash Flow Per Share	0.20	0.48	-0.18	0.41	3.40
Cash Interest Paid	2.45	14.94	-	1.8	0.73
Levered Free Cash Flow	39.17	147.46	-153.78	118.68	59.88
Unlevered Free Cash Flow	45.91	160.01	-146.63	123.55	64.19
Change in Working Capital	-52.5	130.54	-158.43	4.05	-58.38

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