Aljazira Mawten 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	2.83	3.02	7.25	5.7	4.29	-23.9
Depreciation & Amortization	0.92	0.93	0.93	0.93	0.93	0.69
Gain (Loss) on Sale of Investments	0.07	-0.09	-	-0.01	-0.01	-0.01
Asset Writedown	1.41	1.02	-3.85	-2.61	-1.88	21.97
Change in Accounts Receivable	-0.57	0.13	-0.18	0.16	-0.29	-1.82
Change in Other Net Operating Assets	0.51	0.02	0.13	-0.51	0.79	-0.41
Operating Cash Flow	4.98	5.1	4.48	3.68	3.86	1.83
Operating Cash Flow Growth	16.29%	13.84%	21.72%	-4.53%	110.12%	20.32%
Investment in Marketable & Equity Securities	1.59	0.09	-	0.01	0.49	0.5
Investing Cash Flow	1.59	0.09	-	0.01	0.49	0.5
Common Dividends Paid	-4.72	-4.72	-4.02	-3.45	-3.99	-3.54
Net Cash Flow	1.85	0.47	0.46	0.24	0.35	-1.21
Levered Free Cash Flow	3.35	3.71	3.24	2.56	2.99	5.84
Unlevered Free Cash Flow	3.35	3.71	3.24	2.56	2.99	5.84
Change in Working Capital	-0.25	0.22	0.16	-0.33	0.53	-2.14

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