TADAWUL:8100 Cash Flow Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	22.18	49.32	71.1	-61.65	-62.63
Depreciation & Amortization	5.63	8.2	3.59	2.65	3.14
Gain (Loss) on Sale of Investments	4.46	-0.28	-0.34	-13.84	-2.52
Change in Accounts Receivable	-114.64	318.86	-406.88	-1.15	-24.88
Reinsurance Recoverable	-143.75	48.89	-542.31	109.75	-48.2
Change in Accounts Payable	-	-	-	-	-0.42
Change in Unearned Revenue	-	-	-	-	-12.92
Change in Insurance Reserves / Liabilities	239.48	-302.62	882.72	-14.63	91.24
Change in Other Net Operating Assets	30.4	-9.15	-10.36	-17.87	18.86
Other Operating Activities	-13.15	-4.55	5.21	-1.31	-3.58
Operating Cash Flow	16.65	184.32	18.71	18.15	-37.66
Operating Cash Flow Growth	-90.97%	885.22%	3.10%	-	-
Capital Expenditures	-6.69	-9.35	-27.87	-23.15	-3.68
Purchase / Sale of Intangible Assets	-6.96	-3.47	-3.41	-1.79	-3.48
Investment in Securities	78.64	-247.43	143.8	-2.16	46.84
Investing Cash Flow	64.99	-260.25	112.52	-27.1	39.69
Net Cash Flow	81.63	-75.93	131.23	-8.96	2.03
Free Cash Flow	9.95	174.97	-9.16	-5	-41.34
Free Cash Flow Growth	-94.31%	-	-	-	-
Free Cash Flow Margin	1.34%	24.85%	-1.12%	-0.73%	-6.80%
Free Cash Flow Per Share	0.33	5.83	-0.30	-0.17	-1.38
Cash Interest Paid	-	-	-	4.35	-
Levered Free Cash Flow	-148.66	89.39	-918.08	-672.87	-14.57
Unlevered Free Cash Flow	-148.66	89.39	-918.08	-672.87	-14.57
Change in Working Capital	-2.47	131.62	-60.86	92.3	18.6

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