Musharaka REIT Fund (TADAWUL:4335)

Musharaka REIT Fund Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-20.5	-22.29	-8.35	10.9	29.87	36.08
Depreciation & Amortization	31.25	31.3	31.01	28.69	23.53	23.25
Other Amortization	1.9	1.91	4.28	2.63	1.86	1.55
Gain (Loss) on Sale of Investments	0.04	-	-0.15	-0.03	-0.06	-0.22
Asset Writedown	7.31	5.86	-15	8.44	4.7	-
Change in Accounts Receivable	5.96	-1.87	-14.18	8.81	-24.52	-9.48
Change in Other Net Operating Assets	-7.41	-3.29	9.77	-12.37	0.28	2.74
Other Operating Activities	-10.12	-8.49	-5.11	1.62	-5.12	5.2
Operating Cash Flow	0.71	4.7	6.15	56.01	41.02	54.51
Operating Cash Flow Growth	-91.05%	-23.50%	-89.02%	36.54%	-24.75%	-22.79%
Acquisition of Real Estate Assets	-	-	-2.4	-260.29	-95.93	-122.47
Net Sale / Acq. of Real Estate Assets	-	-	-2.4	-260.29	-95.93	-122.47
Investment in Marketable & Equity Securities	7.63	52.9	-8.65	-35	-	55.34
Other Investing Activities	10.61	10.74	9.9	11.6	28.75	-
Investing Cash Flow	30.59	73.49	8.12	-273.21	-67.18	-57.19
Long-Term Debt Issued	-	-	320.74	254.88	101.63	118.86
Total Debt Issued	-	-	320.74	254.88	101.63	118.86
Long-Term Debt Repaid	-	-11.05	-334.36	-11.52	-10.17	-10.6
Total Debt Repaid	-13.67	-11.05	-334.36	-11.52	-10.17	-10.6
Net Debt Issued (Repaid)	-13.67	-11.05	-13.62	243.36	91.46	108.26
Common Dividends Paid	-21.12	-17.6	-23.76	-52.8	-52.33	-61.6
Other Financing Activities	0.22	-	-	-	-	-11.74
Net Cash Flow	-3.27	49.55	-23.11	-26.65	12.97	32.24
Cash Interest Paid	47.9	49.51	44.72	13.87	9.67	11.74
Levered Free Cash Flow	11.82	72.1	19.8	30.28	53.9	52.22
Unlevered Free Cash Flow	43.25	105.65	50.08	47.82	62.78	61.72
Change in Working Capital	-9.18	-3.58	-2.42	-1.29	-13.65	-17.45

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