TADAWUL:8150 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	-89.79	-16.48	63.41	-17.34	-114.58	-0.92
Depreciation & Amortization	5.61	5.52	3.74	4.22	3.79	3.82
Other Amortization	1.9	1.87	1.63	1.31	1.04	0.99
Gain (Loss) on Sale of Investments	-9.17	0.71	-0.1	-0.19	-	-
Change in Accounts Receivable	-	-	-	-	-1.56	-6.14
Reinsurance Recoverable	-5.73	-10.61	4.69	-17.71	-8.84	-9.68
Change in Unearned Revenue	-	-	-	-	37.11	10.2
Change in Insurance Reserves / Liabilities	177.48	7.34	32.3	168.27	56.91	15.44
Change in Other Net Operating Assets	29.19	1.09	68.5	-7.46	-0.86	-3.13
Other Operating Activities	-18.12	-45.77	-34.52	-18.73	6.47	5
Operating Cash Flow	90.21	-57.5	139.65	111.41	-23.04	-6.1
Operating Cash Flow Growth	-	-	25.35%	-	-	-
Capital Expenditures	-2.84	-1.03	-0.64	-0.74	-1.88	-3.44
Purchase / Sale of Intangible Assets	-1.54	-1.92	-2.32	-1.77	-1.87	-0.73
Investment in Securities	149.75	535.48	-515.85	182.13	-63.04	80.25
Other Investing Activities	21.91	43.39	38.26	-3.03	-	-0.09
Investing Cash Flow	167.28	575.92	-480.54	176.59	-66.79	75.99
Total Debt Repaid	-3.48	-3.48	-1.81	-3.73	-2.13	-2.44
Net Debt Issued (Repaid)	-3.48	-3.48	-1.81	-3.73	-2.13	-2.44
Issuance of Common Stock	-	-	-	150	-	-
Other Financing Activities	-1.9	-1.9	-	-2.88	-	-
Financing Cash Flow	-5.38	-5.38	-1.81	143.4	-2.13	-2.44
Net Cash Flow	252.11	513.04	-342.7	431.4	-91.96	67.46
Free Cash Flow	87.37	-58.53	139.01	110.67	-24.92	-9.54
Free Cash Flow Growth	-	-	25.61%	-	-	-
Free Cash Flow Margin	11.31%	-7.03%	15.10%	18.62%	-5.34%	-2.10%
Free Cash Flow Per Share	3.00	-2.01	4.78	5.22	-1.77	-0.68
Levered Free Cash Flow	152.9	529.45	141	-244.97	-49.54	73.15
Unlevered Free Cash Flow	152.9	529.45	141	-244.97	-49.54	73.15
Change in Working Capital	200.95	-2.17	105.49	142.14	78.45	-10.63

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