Arabian Centres Company 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 2022
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	Mar '22 Mar 31, 2022
Net Income	1,252	1,267	1,217	1,515	1,007	775.43
Depreciation & Amortization	36.26	29.24	16.14	16.78	29.74	37.65
Other Amortization	20.12	19.97	64.44	19.47	16.62	22.36
Gain (Loss) on Sale of Assets	-6.64	-28.66	-	-238.67	23.27	-0.43
Gain (Loss) on Sale of Investments	-4.22	-4.22	-2.9	-7.04	-0.65	-0.62
Asset Writedown	-528.21	-501.17	-565.28	-369.93	13.37	210.82
Income (Loss) on Equity Investments	9.46	4.65	7.09	10.87	18.2	15.04
Change in Accounts Receivable	-276.52	-291.56	-208.99	-153.28	-85.76	104.82
Change in Accounts Payable	110.23	-6.54	-234.8	263.48	21.5	25.2
Change in Other Net Operating Assets	50.67	170.22	-229.19	-243.15	-141.26	-103.41
Other Operating Activities	746.03	716.93	640.57	323.95	355.98	304.21
Operating Cash Flow	1,721	1,784	1,006	1,390	1,282	1,476
Operating Cash Flow Growth	39.16%	77.22%	-27.61%	8.41%	-13.13%	42.76%
Acquisition of Real Estate Assets	-1,722	-1,565	-1,689	-1,013	-882.19	-1,005
Sale of Real Estate Assets	300	300	-	671.92	233.24	5.1
Net Sale / Acq. of Real Estate Assets	-1,422	-1,265	-1,689	-341.46	-648.95	-1,000
Investment in Marketable & Equity Securities	10.64	21.02	33.96	-347.5	-5.33	-78.83
Other Investing Activities	57.02	88.72	-283.77	-	-	-
Investing Cash Flow	-1,358	-1,158	-1,939	-688.97	-654.27	-1,079
Long-Term Debt Issued	-	4,936	8,429	708.35	-	3,456
Total Debt Issued	5,800	4,936	8,429	708.35	773.23	3,456
Long-Term Debt Repaid	-	-190.98	-5,336	-135.36	-	-2,913
Total Debt Repaid	-3,477	-190.98	-5,336	-135.36	-260.12	-2,913
Net Debt Issued (Repaid)	2,323	4,745	3,094	572.99	513.11	543.02
Issuance of Common Stock	288.08	320.27	826.2	390.75	-	-
Repurchase of Common Stock	-288.43	-320.13	-827.04	-393.71	-	-
Common Dividends Paid	-541.88	-534.38	-661.43	-1,064	-712.5	-712.5
Other Financing Activities	-1,314	-1,213	-913.56	-732.41	-480.38	-307.33
Net Cash Flow	830.53	3,623	585.35	-525.45	-51.68	-79.54
Cash Interest Paid	1,168	1,064	811.29	159.27	128.13	298.55
Levered Free Cash Flow	972.65	1,185	612.32	1,336	-	684.91
Unlevered Free Cash Flow	1,083	1,265	671.58	1,397	-	777.99
Change in Working Capital	-73.55	-35.72	-692.43	-69.86	-247.7	55.34

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