Banan Real Estate 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	34.49	35.63	28.77	28.22	24.33
Depreciation & Amortization	10.74	7.71	7.6	7.12	2.6
Other Amortization	0.02	0.02	0.02	0.01	0.02
Gain (Loss) on Sale of Assets	0.17	2	-0.32	0.66	-
Gain (Loss) on Sale of Investments	-1.7	-0.55	-0.47	-3.79	-0.53
Asset Writedown	-	-	-2.41	-1.07	0.07
Income (Loss) on Equity Investments	-2.2	-3.16	-3.55	-0.29	-11.76
Change in Accounts Receivable	-2.74	-0.25	-0.97	-1.21	-0.37
Change in Accounts Payable	0.87	1.48	4.99	-0.73	3.17
Change in Other Net Operating Assets	-6.32	-5.86	1.38	-4.34	-0.26
Other Operating Activities	21.23	15.52	15.43	12.47	0.28
Operating Cash Flow	56.85	74.65	32.61	37.28	17.55
Operating Cash Flow Growth	-23.85%	128.90%	-12.52%	112.47%	-30.19%
Acquisition of Real Estate Assets	-12.36	-4.12	-3.76	-8.22	-122.83
Sale of Real Estate Assets	3.4	6.72	2.82	12.89	-
Net Sale / Acq. of Real Estate Assets	-8.96	2.59	-0.94	4.68	-122.83
Cash Acquisition	-55.49	-	-	-	-
Investment in Marketable & Equity Securities	11.75	-0.26	-2.17	21.31	9.79
Other Investing Activities	2.81	5.63	0.18	0.3	5.74
Investing Cash Flow	-49.89	7.96	-2.93	26.2	-107.3
Short-Term Debt Issued	-	2.5	10	8	-
Long-Term Debt Issued	16	-	51.28	13.57	93.82
Total Debt Issued	16	2.5	61.28	21.57	93.82
Short-Term Debt Repaid	-	-2.5	-15	-19.01	-
Long-Term Debt Repaid	-55.27	-51.25	-45.59	-58.22	-5.5
Total Debt Repaid	-55.27	-53.75	-60.59	-77.23	-5.5
Net Debt Issued (Repaid)	-39.27	-51.25	0.69	-55.66	88.32
Issuance of Common Stock	1.43	-	-	-	-
Repurchase of Common Stock	-	-1.5	-	-	-
Common Dividends Paid	-11	-17.47	-4	-12	-5
Other Financing Activities	26.59	-	-6.48	-6.48	-
Miscellaneous Cash Flow Adjustments	4.45	-	-	-	6.74
Net Cash Flow	-10.84	12.38	19.9	-10.66	0.3
Cash Interest Paid	-	4.41	6.17	4.7	0.11
Levered Free Cash Flow	32.13	66.74	32.86	11.4	32.99
Unlevered Free Cash Flow	38.15	69.51	36.73	14.33	33.3
Change in Working Capital	-6.08	15.34	-13.04	-6.28	2.54

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