TADAWUL:8170 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	-272.09	-244.44	49.13	93.9	12.7	33.43
Depreciation & Amortization	9.93	9.79	7.45	6.3	5.86	4.64
Gain (Loss) on Sale of Assets	-	-	-	-	-	0
Gain (Loss) on Sale of Investments	15.66	12.11	29.82	-14.56	3	-21.28
Change in Accounts Receivable	51.04	20.76	-18.33	-1.97	27.31	35.2
Reinsurance Recoverable	44.58	30.7	-10	10.11	-17.08	5.64
Change in Accounts Payable	-	-	-	-	-	12.21
Change in Unearned Revenue	-	-	-	-	-	55.66
Change in Insurance Reserves / Liabilities	-36.76	-12.49	-378.35	274.95	64.55	31.26
Change in Other Net Operating Assets	-14.64	-38.24	19.49	-86.95	-4.61	13.88
Other Operating Activities	-16.35	-13.87	-13.43	-7.67	-1.42	2.83
Operating Cash Flow	-225.94	-236.44	-320.45	280.99	89.39	160.04
Operating Cash Flow Growth	-	-	-	214.33%	-44.15%	-
Capital Expenditures	1.03	-	-	-9.77	-	-5.83
Sale of Property, Plant & Equipment	0.26	0.26	5.08	-	0.97	-
Purchase / Sale of Intangible Assets	-0.81	-0.81	-11.61	-	-	-
Investment in Securities	245.93	259.36	391.96	-381.1	-427.87	-69.78
Other Investing Activities	-	-	-5	-2.61	-8.12	-0.65
Investing Cash Flow	246.4	258.8	380.42	-393.48	-435.02	-76.26
Total Debt Repaid	-3.45	-3.45	-4.28	-	-	-
Net Debt Issued (Repaid)	-3.45	-3.45	-4.28	-	-	-
Common Dividends Paid	-30	-30	-27	-	-	-
Financing Cash Flow	-33.45	-33.45	-31.28	-	-	-
Net Cash Flow	-12.99	-11.08	28.69	-112.49	-345.63	83.78
Free Cash Flow	-224.92	-236.44	-320.45	271.22	89.39	154.21
Free Cash Flow Growth	-	-	-	203.40%	-42.03%	-
Free Cash Flow Margin	-18.82%	-19.91%	-23.68%	23.20%	8.69%	19.53%
Free Cash Flow Per Share	-4.50	-4.73	-6.41	5.43	1.77	3.08
Cash Income Tax Paid	0.51	0.51	0.45	0.12	-	-
Levered Free Cash Flow	-10.21	-171.17	240.02	88.04	-465.16	178.3
Unlevered Free Cash Flow	-10.1	-171.03	240.15	88.2	-465	178.38
Change in Working Capital	36.91	-0.02	-393.43	203.02	69.25	148.67

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