TADAWUL:4320 Cash Flow Statement

Financials in millions SAR. Fiscal year is January - December.

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	-15.67	-18.27	-31.6	36.42	66.77	67.98
Depreciation & Amortization	39.15	38.93	40.53	34.18	33.08	34.01
Other Amortization	-	-	-	-	-	14.06
Gain (Loss) on Sale of Assets	-	-3.96	-	-	-	-
Gain (Loss) on Sale of Investments	-0.14	-	-0.93	-3.75	-1.13	-0.03
Asset Writedown	3	3	8	-	-1.84	-1.95
Income (Loss) on Equity Investments	11.52	11.49	33.91	-24.05	-25.8	-27.25
Change in Accounts Receivable	-4.38	15.85	8.17	-2.05	-26.53	-15.78
Change in Other Net Operating Assets	16.11	-1.04	-13.16	8.22	-19.41	23.16
Other Operating Activities	103.21	103.23	98.87	89.25	84.29	70.28
Operating Cash Flow	181.34	166.4	148.81	153.37	114.15	181.59
Operating Cash Flow Growth	35.18%	11.82%	-2.97%	34.36%	-37.14%	54.33%
Acquisition of Real Estate Assets	-79.07	-64.94	-46.98	-274.96	-46.77	-6.41
Sale of Real Estate Assets	0.26	-	-	-	-	-
Net Sale / Acq. of Real Estate Assets	-78.81	-64.94	-46.98	-274.96	-46.77	-6.41
Investment in Marketable & Equity Securities	-4.17	34.09	-141.21	71.86	-39.94	-83.53
Other Investing Activities	-	-	-23.05	-	-	-
Investing Cash Flow	-77.99	-18.61	-211.24	-203.1	-86.71	-89.93
Long-Term Debt Issued	-	27.29	54	214.24	30.48	42.68
Long-Term Debt Repaid	-	-5.12	-6.84	-4.57	-30.81	-28.7
Net Debt Issued (Repaid)	26.51	22.17	47.16	209.66	-0.33	13.98
Common Dividends Paid	-46.67	-46.67	-23.33	-46.67	-46.67	-58.33
Other Financing Activities	-84.3	-84.3	-92.46	-75.46	-42.06	-29.03
Net Cash Flow	-1.11	39	-131.06	37.8	-61.62	18.28
Cash Interest Paid	64.95	64.95	70.96	51.81	11.96	-
Levered Free Cash Flow	65.65	64.49	26.02	82.81	46.95	134.7
Unlevered Free Cash Flow	107.03	106.19	68.68	115.42	67.45	137.1
Change in Working Capital	29.25	22.14	-1.87	10.32	-46.09	17.26

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