Riyad REIT Fund Cash Flow Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-219.12	-187.28	21.65	88.93	96.55	45.06
Depreciation & Amortization	33.18	33.6	33.79	30.96	30.96	24.65
Other Amortization	-	-	-	-	-	20.96
Gain (Loss) on Sale of Assets	17.27	17.27	-	-	-	-
Gain (Loss) on Sale of Investments	108.76	108.76	-14.84	-	-	-
Asset Writedown	43.68	50.24	-	-	-	-
Change in Accounts Receivable	6.93	14.98	9.27	5.04	-48.71	2.12
Change in Accounts Payable	-3.19	-10.91	-2.63	18.37	1.85	-3.41
Change in Other Net Operating Assets	22.27	3.24	24.38	-78.39	-237.08	-20.98
Other Operating Activities	124.75	103.28	100.96	22.97	27.89	-
Operating Cash Flow	160.15	133.8	176.94	92.46	-107.77	72.59
Operating Cash Flow Growth	16.39%	-24.38%	91.38%	-	-	-
Sale of Real Estate Assets	71.5	71.5	-	-	-	-
Net Sale / Acq. of Real Estate Assets	71.5	71.5	-	-	-	-
Investment in Marketable & Equity Securities	3.19	3.19	50.31	-27.28	-264.09	-137.5
Investing Cash Flow	74.69	74.69	50.31	-27.28	-264.09	-137.5
Long-Term Debt Issued	-	-	29	92.63	743.23	311.96
Total Debt Issued	-	-	29	92.63	743.23	311.96
Long-Term Debt Repaid	-	-40	-39	-37.27	-222.77	-169
Net Debt Issued (Repaid)	-40	-40	-10	55.36	520.46	142.96
Common Dividends Paid	-53.23	-51.51	-85.85	-156.24	-89.28	-77.26
Other Financing Activities	-128.8	-87.71	-80.95	-	-21.41	-15.08
Miscellaneous Cash Flow Adjustments	-	-	-	-	0	-
Net Cash Flow	12.81	29.27	50.46	-35.71	37.9	-14.3
Cash Interest Paid	128.8	87.71	80.95	27.02	21.41	15.08
Levered Free Cash Flow	72.03	53.76	118.55	69.08	13.2	86.86
Unlevered Free Cash Flow	147.61	118.31	181.65	100.33	30.63	79
Change in Working Capital	29.49	3.47	32.64	-52.71	-273.03	-22.69

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.