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 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	-72.81	-41.19	-16.48	63.41	-17.34	-114.58
Depreciation & Amortization	5.84	5.84	5.52	3.74	4.22	3.79
Other Amortization	1.9	1.9	1.87	1.63	1.31	1.04
Gain (Loss) on Sale of Investments	-3.69	-3.69	0.71	-0.1	-0.19	-
Change in Accounts Receivable	-	-	-	-	-	-1.56
Reinsurance Recoverable	23.64	23.64	-10.61	4.69	-17.71	-8.84
Change in Unearned Revenue	-	-	-	-	-	37.11
Change in Insurance Reserves / Liabilities	118.38	118.38	7.34	32.3	168.27	56.91
Change in Other Net Operating Assets	17.69	17.69	1.09	68.5	-7.46	-0.86
Other Operating Activities	-15.89	-19.58	-45.37	-34.52	-18.73	6.47
Operating Cash Flow	71.79	99.71	-57.1	139.65	111.41	-23.04
Operating Cash Flow Growth	-	-	-	25.35%	-	-
Capital Expenditures	-2.63	-2.63	-1.03	-0.64	-0.74	-1.88
Purchase / Sale of Intangible Assets	-8.34	-8.34	-1.92	-2.32	-1.77	-1.87
Investment in Securities	-405.82	-405.82	535.48	-515.85	182.13	-63.04
Other Investing Activities	618.02	16.57	42.99	38.26	-3.03	-
Investing Cash Flow	201.22	-400.23	575.51	-480.54	176.59	-66.79
Total Debt Repaid	-3.48	-3.48	-3.48	-1.81	-3.73	-2.13
Net Debt Issued (Repaid)	-3.48	-3.48	-3.48	-1.81	-3.73	-2.13
Issuance of Common Stock	-	-	-	-	150	-
Other Financing Activities	0.17	-	-1.9	-	-2.88	-
Financing Cash Flow	-3.31	-3.48	-5.38	-1.81	143.4	-2.13
Net Cash Flow	269.7	-304.01	513.04	-342.7	431.4	-91.96
Free Cash Flow	69.16	97.08	-58.13	139.01	110.67	-24.92
Free Cash Flow Growth	-	-	-	25.61%	-	-
Free Cash Flow Margin	6.63%	10.61%	-6.98%	15.10%	18.62%	-5.34%
Free Cash Flow Per Share	2.38	3.34	-2.00	4.78	5.22	-1.77
Levered Free Cash Flow	-	-284.02	529.45	141	-244.97	-49.54
Unlevered Free Cash Flow	-	-284.02	529.45	141	-244.97	-49.54
Change in Working Capital	159.72	159.72	-2.17	105.49	142.14	78.45

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