SEDCO Capital REIT Fund Cash Flow Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2018 - 2019
Period Ending	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	2018 - 2019
Net Income	14.41	33.56	41.11	-35.44	9.72	Upgrade
Depreciation & Amortization	34.19	31.97	29.13	16.19	16.09	Upgrade
Asset Writedown	24	4.3	26.84	60.15	3.46	Upgrade
Change in Accounts Receivable	-35.05	-37.57	-5.58	-11.83	-10.29	Upgrade
Change in Other Net Operating Assets	8.43	24.3	-25.82	-10.02	1.44	Upgrade
Other Operating Activities	63.3	60.33	13.33	13.71	2.18	Upgrade
Operating Cash Flow	114.24	116.08	78.72	46.77	23.08	Upgrade
Operating Cash Flow Growth	-1.59%	47.46%	68.33%	102.63%	-	Upgrade
Acquisition of Real Estate Assets	-1.67	-533.63	-182.39	-346.93	-4.98	Upgrade
Net Sale / Acq. of Real Estate Assets	-1.67	-533.63	-182.39	-346.93	-4.98	Upgrade
Investing Cash Flow	-1.67	-533.63	-182.39	-346.93	-4.98	Upgrade
Long-Term Debt Issued	167.5	-	975	135	3.64	Upgrade
Long-Term Debt Repaid	-58.16	-58.49	-834.96	-7.82	-	Upgrade
Net Debt Issued (Repaid)	109.34	-58.49	140.04	127.18	3.64	Upgrade
Issuance of Common Stock	-	694.44	-	250	-	Upgrade
Common Dividends Paid	-97.31	-91.82	-71.88	-35.55	-35.7	Upgrade
Other Financing Activities	-	-94.44	-	-	-	Upgrade
Net Cash Flow	124.61	32.14	-35.5	41.47	-13.95	Upgrade
Levered Free Cash Flow	32.7	28.94	51.06	70.64	15.8	Upgrade
Unlevered Free Cash Flow	72.26	64.7	72.64	78.44	27.36	Upgrade
Change in Working Capital	-27.66	-18.08	-35.18	-8.1	-10.36	Upgrade

Updated Dec 31, 2024. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.