Kingdom Holding 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 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	2,143	1,237	1,013	6,958	1,017
Depreciation & Amortization	189.77	197.01	368.61	197.82	126.5
Loss (Gain) From Sale of Assets	-37.95	-123.46	-254.53	-	-501.55
Loss (Gain) From Sale of Investments	-1,037	-200	-127.32	-5,905	28.87
Loss (Gain) on Equity Investments	-1,039	-1,209	-1,033	-851.6	-571.95
Provision & Write-off of Bad Debts	2.72	-1.17	5.15	14.28	-
Other Operating Activities	866.82	1,026	989.14	750.19	582.47
Change in Accounts Receivable	-553.4	1,476	-235.8	-22.89	-71.83
Change in Accounts Payable	405.02	-24.21	-126.19	393.05	-17.25
Change in Other Net Operating Assets	53.58	307.69	103.28	141.82	39.1
Operating Cash Flow	986.21	2,675	702.75	1,754	789.68
Operating Cash Flow Growth	-63.13%	280.62%	-59.94%	122.15%	-24.83%
Capital Expenditures	-436.03	-276.53	-284.99	-151.17	-103.29
Cash Acquisitions	-	-0.12	-	-	-
Sale (Purchase) of Real Estate	-225.25	980.7	-94.25	-13.59	-3.05
Investment in Securities	1,480	386.93	3,603	358.92	-2,220
Other Investing Activities	607.62	469.61	254.65	312.43	149.72
Investing Cash Flow	1,426	1,561	3,478	506.59	-2,176
Short-Term Debt Issued	-	-	-	-	84.42
Long-Term Debt Issued	7,279	3,459	10,102	10,433	6,335
Total Debt Issued	7,279	3,459	10,102	10,433	6,419
Long-Term Debt Repaid	-7,810	-5,433	-13,379	-8,651	-5,314
Net Debt Issued (Repaid)	-531.38	-1,974	-3,277	1,783	1,106
Common Dividends Paid	-1,038	-1,038	-1,038	-942.67	-655.94
Other Financing Activities	-1,008	-1,353	-1,280	-908.52	-507.14
Financing Cash Flow	-2,577	-4,365	-5,594	-68.51	-57.41
Net Cash Flow	-164.35	-129.28	-1,413	2,192	-1,444
Free Cash Flow	550.18	2,398	417.75	1,603	686.39
Free Cash Flow Growth	-77.06%	474.09%	-73.94%	133.55%	-25.68%
Free Cash Flow Margin	20.44%	100.33%	15.45%	64.33%	45.51%
Free Cash Flow Per Share	0.15	0.65	0.11	0.43	0.18
Cash Interest Paid	1,008	1,458	1,384	711.1	399.48
Cash Income Tax Paid	77.24	89.55	155.13	148.51	123.83
Levered Free Cash Flow	86.91	-81.61	-725.43	3,377	-1,901
Unlevered Free Cash Flow	604.8	525.16	80.6	3,806	-1,648
Change in Working Capital	-102.77	1,748	-258.72	590.92	107.92

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