TADAWUL:9523 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	Jun '25 Jun 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	154.5	38.52	9.37	-24.38	35.11	83.61
Depreciation & Amortization	22.01	21.77	21.57	21.39	21.44	14.47
Loss (Gain) From Sale of Assets	-	-	-0.02	-	-	-
Provision & Write-off of Bad Debts	0.44	0.44	2.26	2.01	-9.41	-
Other Operating Activities	4.38	-5.86	-10.29	-9.45	7.09	5.98
Change in Accounts Receivable	-231.32	-299.69	-4.89	176.54	-108.55	-41.47
Change in Inventory	81.88	28.03	38.24	-168.17	136.24	-26.98
Change in Accounts Payable	9.48	-12.59	-99.69	108.77	-88.72	123.06
Change in Other Net Operating Assets	81.43	172.18	69.06	-2.73	14.8	-50.83
Operating Cash Flow	122.8	-57.2	25.61	103.99	8	107.84
Operating Cash Flow Growth	10.37%	-	-75.37%	1199.58%	-92.58%	-
Capital Expenditures	-5.06	-2.94	-2.77	-2.09	-8.2	-51.96
Sale of Property, Plant & Equipment	-	-	0.02	-	-	-
Other Investing Activities	111.99	111.99	41.15	44.19	-	-
Investing Cash Flow	106.93	109.05	38.41	42.1	-8.2	-51.96
Short-Term Debt Issued	-	287.16	572.29	101.18	1,335	990.53
Long-Term Debt Issued	-	-	-	-	474.53	15.64
Total Debt Issued	294.6	287.16	572.29	101.18	1,809	1,006
Short-Term Debt Repaid	-	-60.66	-565.58	-159.36	-1,232	-1,031
Long-Term Debt Repaid	-	-66.54	-63.87	-55.17	-537.51	-6.19
Total Debt Repaid	-369.98	-127.2	-629.45	-214.53	-1,769	-1,037
Net Debt Issued (Repaid)	-75.38	159.95	-57.16	-113.35	40.2	-30.95
Other Financing Activities	36.32	-	-	-87.81	-	-
Financing Cash Flow	-53.06	159.95	-57.16	-201.16	40.2	-30.95
Miscellaneous Cash Flow Adjustments	-	-	0.1	-	-	-
Net Cash Flow	176.67	211.8	6.96	-55.07	40.01	24.93
Free Cash Flow	117.74	-60.14	22.85	101.9	-0.19	55.88
Free Cash Flow Growth	8.57%	-	-77.58%	-	-	-
Free Cash Flow Margin	7.73%	-6.16%	5.02%	44.20%	-0.03%	6.10%
Free Cash Flow Per Share	4.21	-2.15	0.82	3.64	-0.01	2.00
Cash Interest Paid	49.18	55.87	40.65	20.18	31.99	42.52
Levered Free Cash Flow	178.06	31.18	48.12	47.14	104.08	-92.27
Unlevered Free Cash Flow	217.69	68.69	78.65	68.33	123.49	-66.21
Change in Working Capital	-58.53	-112.08	2.71	114.42	-46.23	3.78

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