TADAWUL:4322 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	293.31	266.13	202.35	245.74	193.72
Depreciation & Amortization	31.53	21.22	12.55	13.56	14.02
Other Amortization	2.61	2.61	0.22	0.3	0.3
Loss (Gain) From Sale of Assets	-0.03	-6.03	-10.38	-60.19	-9.04
Loss (Gain) From Sale of Investments	-45.38	-3.65	-4.91	-10.83	-3.69
Loss (Gain) on Equity Investments	-17.29	-71.11	-64.81	-34.64	-1.82
Stock-Based Compensation	0.48	-	-	-	-
Provision & Write-off of Bad Debts	5.77	2.58	6.45	-2.57	4.81
Other Operating Activities	58.63	31.16	33.64	7.36	-8.32
Change in Accounts Receivable	-604.94	-332.11	-104.54	7.77	-59.71
Change in Inventory	-851.96	-227.7	-505.62	-512.55	-189.69
Change in Accounts Payable	554.02	-165.24	114.37	212.39	94.31
Change in Unearned Revenue	413.57	-8.4	9.01	-9.46	72.74
Change in Other Net Operating Assets	601.79	346.61	163.37	143.58	5.12
Operating Cash Flow	442.11	-143.94	-148.31	0.46	112.73
Operating Cash Flow Growth	-	-	-	-99.59%	773.41%
Capital Expenditures	-72.09	-42.69	-45.7	-43.92	-10.57
Sale of Property, Plant & Equipment	0.2	-	0.64	0.03	0.01
Cash Acquisitions	-	0.07	-	-0.25	-
Divestitures	-	-	19.94	-	152.25
Sale (Purchase) of Intangibles	-	-	-1.69	-	-0.96
Sale (Purchase) of Real Estate	-	12.51	-88.25	136.86	5.15
Investment in Securities	-45.79	-9.77	0.68	-12.55	-150.97
Other Investing Activities	127.85	78.92	27.65	2.72	1.58
Investing Cash Flow	10.17	39.04	-86.73	82.89	-3.51
Long-Term Debt Issued	985.59	1,449	1,684	585.67	500.33
Total Debt Issued	985.59	1,449	1,684	585.67	500.33
Long-Term Debt Repaid	-1,272	-1,177	-1,057	-474.02	-124.06
Total Debt Repaid	-1,272	-1,177	-1,057	-474.02	-124.06
Net Debt Issued (Repaid)	-286.65	271.74	627.77	111.65	376.27
Issuance of Common Stock	-	-	-	-	5
Repurchase of Common Stock	-2.81	-11.96	-	-	-
Common Dividends Paid	-110	-160	-200	-80	-147.75
Other Financing Activities	-19	-15.5	-9.82	-	0.25
Financing Cash Flow	-418.46	84.28	417.95	31.65	233.77
Miscellaneous Cash Flow Adjustments	-	-	-152.31	-123.27	-320.56
Net Cash Flow	33.82	-20.62	30.6	-8.28	22.44
Free Cash Flow	370.02	-186.63	-194.01	-43.47	102.16
Free Cash Flow Margin	15.18%	-9.04%	-14.19%	-3.93%	9.41%
Free Cash Flow Per Share	0.74	-0.37	-0.39	-0.09	0.20
Cash Interest Paid	103.15	114.27	77.31	20.79	2.23
Levered Free Cash Flow	-263.93	-1,028	-62.26	331.54	11.85
Unlevered Free Cash Flow	-188.6	-952.72	-0.41	344.14	13.69
Change in Working Capital	112.48	-386.84	-323.42	-158.27	-77.23

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