TADAWUL:8012 Cash Flow Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	31.19	39.84	37.2	44.25	38.52	21.42
Depreciation & Amortization	5.56	5.17	3.86	3.01	4.72	4.85
Gain (Loss) on Sale of Assets	-	-	-	-	-	1.78
Gain (Loss) on Sale of Investments	-11.72	-13.9	-13.77	-11.9	-6.68	-2.97
Change in Accounts Receivable	-31.78	-56.41	119.09	224.63	-180.67	5.12
Reinsurance Recoverable	-	-	-	-	-	22.02
Change in Unearned Revenue	-	-	-	-	-	-65.49
Change in Insurance Reserves / Liabilities	-	-	-	-	-	128.44
Change in Other Net Operating Assets	-16.87	-19.18	-22.61	-265.22	302.56	-254.98
Other Operating Activities	-43.14	-47.58	-51.73	-5.19	-12.01	12.87
Operating Cash Flow	-66.34	-89.68	72.02	-10.42	146.44	-103.71
Capital Expenditures	-1.83	-1.99	-5.05	-0.31	-1.91	-0.57
Sale of Property, Plant & Equipment	-	-	-	-	-	0.17
Purchase / Sale of Intangible Assets	-3.12	-3.12	-4.31	-0.58	-	-
Cash Acquisitions	-	-	-	-	-	140.85
Investment in Securities	68.87	-28.89	-10.64	-143.66	19.48	-88.8
Other Investing Activities	28.41	26.85	21.46	18.96	9.5	31.6
Investing Cash Flow	92.33	-7.15	1.46	-125.59	27.07	83.25
Total Debt Repaid	-0.89	-1.47	-1.51	-1.13	-1.78	-2.55
Net Debt Issued (Repaid)	-0.89	-1.47	-1.51	-1.13	-1.78	-2.55
Common Dividends Paid	-19.8	-19.8	-19.8	-	-	-
Financing Cash Flow	-20.69	-21.27	-21.31	-1.13	-1.78	-2.55
Net Cash Flow	5.3	-118.1	52.17	-137.14	171.73	-23.01
Free Cash Flow	-68.17	-91.67	66.97	-10.72	144.53	-104.28
Free Cash Flow Margin	-19.73%	-27.61%	21.61%	-4.00%	57.89%	-52.32%
Free Cash Flow Per Share	-1.03	-1.39	1.01	-0.16	2.19	-1.65
Cash Income Tax Paid	0.32	0.32	1.09	0.57	0.5	0.13
Levered Free Cash Flow	-9.27	-2.28	-143.29	-29.59	-1,743	209.11
Unlevered Free Cash Flow	-9.27	-2.28	-143.29	-29.59	-1,743	209.11
Change in Working Capital	-48.65	-75.59	96.48	-40.6	121.88	-147.85

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