Saudi Energy Company 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
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	6,867	10,249	15,135	14,391
Depreciation & Amortization	20,701	18,916	19,284	19,706
Other Amortization	64.69	55.41	54.16	52.36
Loss (Gain) on Sale of Assets	-9.54	-103.54	46.58	-48.58
Loss (Gain) on Equity Investments	-134.06	-83.67	-307.75	10.2
Asset Writedown	-	-	-615.68	863.44
Change in Accounts Receivable	1,209	1,232	-10,909	-3,307
Change in Inventory	-294.59	-87.79	-199.62	901.37
Change in Accounts Payable	7,177	926.58	136.27	-37.73
Change in Unearned Revenue	4,120	7,086	11,938	6,696
Change in Other Net Operating Assets	-5,138	-9,352	2,986	1,689
Other Operating Activities	3,755	3,780	3,346	4,293
Operating Cash Flow	38,317	32,619	42,272	46,284
Operating Cash Flow Growth	17.47%	-22.84%	-8.67%	64.49%
Capital Expenditures	-55,133	-32,436	-29,802	-26,164
Sale of Property, Plant & Equipment	216.83	261.94	126.78	138.33
Sale (Purchase) of Intangibles	-	-	-13.07	-5.54
Investment in Securities	-96.34	-98.85	-334.92	-28.22
Other Investing Activities	-560.6	386.54	10.76	-
Investing Cash Flow	-55,573	-31,886	-30,013	-26,060
Long-Term Debt Issued	67,010	30,073	32,958	14,910
Long-Term Debt Repaid	-32,894	-20,018	-34,183	-19,644
Net Debt Issued (Repaid)	34,116	10,055	-1,225	-4,733
Common Dividends Paid	-2,921	-2,876	-2,903	-2,932
Other Financing Activities	-12,928	-10,454	-11,213	-10,854
Financing Cash Flow	18,266	-3,274	-15,340	-18,520
Net Cash Flow	1,010	-2,541	-3,080	1,704
Free Cash Flow	-16,816	183.32	12,470	20,119
Free Cash Flow Growth	-	-98.53%	-38.02%	324.63%
Free Cash Flow Margin	-18.97%	0.24%	17.30%	29.02%
Free Cash Flow Per Share	-4.04	0.04	2.99	4.83
Levered Free Cash Flow	-18,914	-3,855	-18,195	589.22
Unlevered Free Cash Flow	-15,978	-1,548	-16,583	2,134
Change in Working Capital	7,073	-194.33	3,951	5,942

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.