Saudi Electricity Company Cash Flow Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	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	6,311	6,867	10,249	15,135	14,391	3,026
Depreciation & Amortization	22,175	20,701	18,916	19,284	19,706	18,893
Other Amortization	64.69	64.69	55.41	54.16	52.36	48.55
Loss (Gain) on Sale of Assets	51	-9.54	-103.54	46.58	-48.58	189.21
Loss (Gain) on Sale of Investments	563.35	-	-	-	-	-
Loss (Gain) on Equity Investments	-84.47	-134.06	-83.67	-307.75	10.2	-4.34
Asset Writedown	-	-	-	-615.68	863.44	-
Change in Accounts Receivable	-3,179	1,209	1,232	-10,909	-3,307	-23,224
Change in Inventory	738	-294.59	-87.79	-199.62	901.37	169.25
Change in Accounts Payable	10,970	7,177	926.58	136.27	-37.73	12,391
Change in Unearned Revenue	2,902	4,120	7,086	11,938	6,696	6,530
Change in Other Net Operating Assets	-1,202	-5,138	-9,352	2,986	1,689	6,053
Other Operating Activities	5,527	3,755	3,780	3,346	4,293	4,066
Operating Cash Flow	44,837	38,317	32,619	42,272	46,284	28,137
Operating Cash Flow Growth	66.16%	17.47%	-22.84%	-8.67%	64.49%	9.46%
Capital Expenditures	-81,916	-55,133	-32,436	-29,802	-26,164	-23,399
Sale of Property, Plant & Equipment	144.02	216.83	261.94	126.78	138.33	102.8
Sale (Purchase) of Intangibles	-	-	-	-13.07	-5.54	-31.29
Investment in Securities	-35.08	-96.34	-98.85	-334.92	-28.22	-71.49
Other Investing Activities	-945.67	-560.6	386.54	10.76	-	-
Investing Cash Flow	-82,753	-55,573	-31,886	-30,013	-26,060	-23,399
Long-Term Debt Issued	-	67,010	30,073	32,958	14,910	14,919
Long-Term Debt Repaid	-	-32,894	-20,018	-34,183	-19,644	-12,312
Net Debt Issued (Repaid)	52,650	34,116	10,055	-1,225	-4,733	2,607
Common Dividends Paid	-2,920	-2,921	-2,876	-2,903	-2,932	-715.91
Other Financing Activities	-13,392	-12,928	-10,454	-11,213	-10,854	-4,008
Financing Cash Flow	36,338	18,266	-3,274	-15,340	-18,520	-2,117
Net Cash Flow	-1,579	1,010	-2,541	-3,080	1,704	2,621
Free Cash Flow	-37,080	-16,816	183.32	12,470	20,119	4,738
Free Cash Flow Growth	-	-	-98.53%	-38.02%	324.63%	10.39%
Free Cash Flow Margin	-36.94%	-18.97%	0.24%	17.30%	29.02%	6.90%
Free Cash Flow Per Share	-8.90	-4.04	0.04	2.99	4.83	1.14
Levered Free Cash Flow	-36,405	-18,914	-3,855	-18,195	589.22	-78,572
Unlevered Free Cash Flow	-33,177	-15,978	-1,548	-16,583	2,134	-75,594
Change in Working Capital	10,229	7,073	-194.33	3,951	5,942	1,920

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.