Al Rajhi REIT Fund (TADAWUL:4340)

Al Rajhi REIT Fund Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	187.25	75.55	113.41	-175.08	12.45
Depreciation & Amortization	47.54	38.27	29.93	28.6	29.21
Gain (Loss) on Sale of Assets	-17.66	-	-	-	-
Gain (Loss) on Sale of Investments	-4.9	-3.26	-1.77	-0.47	-1.21
Asset Writedown	-65.39	5.69	-29.7	227.07	64.9
Change in Accounts Receivable	-8.15	-37.21	-6.67	-10.76	-68.3
Change in Other Net Operating Assets	7.54	10.42	0.34	-0.24	36.58
Operating Cash Flow	152.83	85.88	94.91	79.7	90.17
Operating Cash Flow Growth	77.96%	-9.51%	19.09%	-11.62%	240.27%
Acquisition of Real Estate Assets	-64.44	-1,003	-98.75	-2.36	-0.23
Sale of Real Estate Assets	125.85	-	-	-	-
Net Sale / Acq. of Real Estate Assets	61.41	-1,003	-98.75	-2.36	-0.23
Investment in Marketable & Equity Securities	-66.3	30.48	-18.68	-1.54	-23.57
Investing Cash Flow	-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	-147.94	-124.23	-82.63	-75.79	-66.37
Levered Free Cash Flow	131.96	67.36	81.37	72.62	113.47
Unlevered Free Cash Flow	166.24	99.96	101.8	85.76	130.04
Change in Net Working Capital	-8.26	21.65	0.86	-14.42	-36.85

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