Al Rajhi REIT Fund (TADAWUL:4340)

Al Rajhi 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	186.85	187.25	75.55	113.41	-175.08	12.45
Depreciation & Amortization	48.16	47.54	38.27	29.93	28.6	29.21
Gain (Loss) on Sale of Assets	-17.66	-17.66	-	-	-	-
Gain (Loss) on Sale of Investments	-6.52	-4.9	-3.26	-1.77	-0.47	-1.21
Asset Writedown	-80.9	-65.39	5.69	-29.7	227.07	64.9
Change in Accounts Receivable	-53.6	-8.15	-37.21	-6.67	-10.76	-68.3
Change in Other Net Operating Assets	-171.53	7.54	10.42	0.34	-0.24	36.58
Other Operating Activities	168.82	-	-	-	-	-
Operating Cash Flow	84.49	152.83	85.88	94.91	79.7	90.17
Operating Cash Flow Growth	-50.79%	77.96%	-9.51%	19.09%	-11.62%	240.27%
Acquisition of Real Estate Assets	-64.91	-64.44	-1,003	-98.75	-2.36	-0.23
Sale of Real Estate Assets	125.85	125.85	-	-	-	-
Net Sale / Acq. of Real Estate Assets	60.94	61.41	-1,003	-98.75	-2.36	-0.23
Investment in Marketable & Equity Securities	-8.9	-66.3	30.48	-18.68	-1.54	-23.57
Investing Cash Flow	52.04	-4.89	-972.24	-117.43	-3.9	-23.8
Long-Term Debt Issued	-	-	-	105.15	-	0
Total Debt Issued	-	-	-	105.15	-	0
Net Debt Issued (Repaid)	-	-	-	105.15	-	0
Issuance of Common Stock	-	-	1,011	-	-	-
Common Dividends Paid	-146.65	-147.94	-124.23	-82.63	-75.79	-66.37
Net Cash Flow	-10.11	-	-	-	-	-
Levered Free Cash Flow	71.13	131.96	67.36	81.37	72.62	113.47
Unlevered Free Cash Flow	103.96	166.24	99.96	101.8	85.76	130.04
Change in Working Capital	-230.26	5.55	-31.89	-4.69	-10.52	-27.99

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