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

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