AFG International Company 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 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Mar '22 Mar 31, 2022
Net Income	-505.51	-203.54	-1,178	132.56	44.69
Depreciation & Amortization	414.11	520.77	560.86	723.59	734.32
Other Amortization	20.4	15.49	13.79	12.44	10.96
Loss (Gain) From Sale of Assets	78.13	42.14	229.29	-15.44	17.13
Asset Writedown & Restructuring Costs	120	95.35	370	31.55	107.67
Loss (Gain) From Sale of Investments	-	-	33	-4.93	2.43
Loss (Gain) on Equity Investments	17.22	23.71	10.2	12.94	15.79
Provision & Write-off of Bad Debts	34.9	24.01	-	-	-
Other Operating Activities	274.95	361.09	438.23	242.01	242.52
Change in Inventory	-18.16	82	206.76	500.14	-609.19
Change in Accounts Payable	-943.03	492.71	166.57	-468.05	490.95
Change in Other Net Operating Assets	13.23	91.49	491.61	-126.12	55.17
Operating Cash Flow	-512.77	1,336	1,384	1,041	1,112
Operating Cash Flow Growth	-	-3.47%	33.02%	-6.45%	58.41%
Capital Expenditures	-101.9	-215.02	-238.89	-368.98	-248.46
Divestitures	-	-	-	22.65	-
Sale (Purchase) of Intangibles	23.67	325.09	-77.67	-69.61	-51.36
Investment in Securities	-1.88	-4.88	161.11	-13.09	-75.11
Other Investing Activities	-1.42	-3.92	4.19	-20.48	-6.79
Investing Cash Flow	-81.53	101.27	-151.26	-449.51	-381.72
Long-Term Debt Issued	4,717	482.92	334.35	-	-
Total Debt Issued	4,717	482.92	334.35	224.02	-
Long-Term Debt Repaid	-3,864	-1,469	-1,170	-	-748.72
Total Debt Repaid	-3,864	-1,469	-1,170	-598.29	-748.72
Net Debt Issued (Repaid)	852.99	-986.04	-835.68	-374.27	-748.72
Issuance of Common Stock	0.03	-	-	-	-
Other Financing Activities	-284.22	-361.78	-334.63	-273.04	-288.97
Financing Cash Flow	568.81	-1,348	-1,170	-647.32	-1,038
Foreign Exchange Rate Adjustments	13.27	-21.65	-18.69	51.21	-12.87
Net Cash Flow	-12.21	68.07	44.07	-4.94	-319.82
Free Cash Flow	-614.66	1,121	1,145	671.7	863.99
Free Cash Flow Growth	-	-2.11%	70.53%	-22.26%	66.08%
Free Cash Flow Margin	-12.04%	23.13%	24.52%	11.86%	14.61%
Free Cash Flow Per Share	-5.36	9.77	9.98	5.85	7.53
Cash Interest Paid	276.22	358.45	334.63	292.26	288.97
Levered Free Cash Flow	-731.4	1,378	816.52	-	886.96
Unlevered Free Cash Flow	-560.17	1,562	1,009	-	1,041
Change in Working Capital	-947.96	666.2	864.95	-94.04	-63.06

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