TADAWUL:8310 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	-7.94	12.03	25.44	-48.18	-119.14	-61.84
Depreciation & Amortization	1.36	1.48	1.81	1.94	1.92	1.9
Gain (Loss) on Sale of Investments	-2.33	-3.01	-	-	-0.86	-2.63
Change in Accounts Receivable	-12.37	2.58	-11.89	-0.83	36.16	-72.83
Reinsurance Recoverable	-7.65	0.82	2.03	15.04	12.62	7.74
Change in Unearned Revenue	-	-	-	-	-28.02	39.59
Change in Insurance Reserves / Liabilities	55.44	9.24	-11.7	-43.81	-1.48	9.17
Change in Other Net Operating Assets	2.37	6.24	-10.84	-20.31	-24.37	24.41
Other Operating Activities	0.34	-10.33	5.4	1.5	-2.03	3.11
Operating Cash Flow	31.12	17.92	-2.71	-92.17	-135.66	-21.31
Capital Expenditures	-2.71	-1.5	-1.18	-2.33	-1.7	-2.29
Investment in Securities	45.64	-92.82	23.39	-47.89	34.5	83.07
Other Investing Activities	-	-	-	-50.89	-	-
Investing Cash Flow	42.93	-94.32	22.21	-101.11	32.8	80.78
Issuance of Common Stock	-	-	-	300	-	-
Other Financing Activities	-	-	-	-	15.91	30
Financing Cash Flow	-	-	-	300	15.91	30
Net Cash Flow	74.05	-76.4	19.5	106.72	-86.94	89.47
Free Cash Flow	28.42	16.42	-3.89	-94.51	-137.36	-23.6
Free Cash Flow Margin	10.73%	7.29%	-2.11%	-44.19%	-56.68%	-9.14%
Free Cash Flow Per Share	0.66	0.38	-0.09	-3.34	-10.57	-1.81
Levered Free Cash Flow	31.1	-84.67	-83.93	-234.1	-50.44	89.81
Unlevered Free Cash Flow	31.1	-84.67	-83.93	-234.1	-50.44	89.81
Change in Working Capital	39.73	17.78	-35.54	-47.43	-21.06	14.96

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.