Riyadh Steel Company 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	1.92	2	11.14	5.09	8.18	2
Depreciation & Amortization	4.16	4.55	4.56	3.97	3.03	1.95
Other Amortization	0.06	0.05	0.03	0.01	-	-
Loss (Gain) From Sale of Assets	-	-	-	-0.01	-0.23	-
Provision & Write-off of Bad Debts	0.16	0.16	0.09	0.22	-0.47	0.11
Other Operating Activities	3.92	4.42	4.28	2.47	0.52	0.75
Change in Accounts Receivable	10.09	3.5	-2.74	2.5	12.29	-14.79
Change in Inventory	8.02	11.77	-14.25	-1.97	-4.37	5.81
Change in Accounts Payable	-3.81	0.79	-1.1	0.89	-4.52	0.63
Change in Other Net Operating Assets	-1.08	-1.95	-3.3	-3.78	2.69	10.12
Operating Cash Flow	23.42	25.27	-1.29	9.4	17.11	6.59
Operating Cash Flow Growth	402.44%	-	-	-45.09%	159.61%	-
Capital Expenditures	-0.49	-1.92	-2.7	-0.66	-2.13	-0.55
Sale of Property, Plant & Equipment	-	-	-	0.02	0.23	-
Cash Acquisitions	-	-	-	-	-12.45	-
Investment in Securities	-0.07	6	-6	-	-	-
Investing Cash Flow	-0.78	4.08	-8.7	-0.64	-14.35	-0.55
Short-Term Debt Issued	-	-	25	-	-	-
Long-Term Debt Issued	-	-	-	3.07	-	9.97
Total Debt Issued	-	-	25	3.07	-	9.97
Short-Term Debt Repaid	-	-18.75	-9.36	-	-	-
Long-Term Debt Repaid	-	-1.3	-2.41	-14.32	-8.37	-6.35
Total Debt Repaid	-13.44	-20.05	-11.77	-14.32	-8.37	-6.35
Net Debt Issued (Repaid)	-13.44	-20.05	13.23	-11.26	-8.37	3.62
Common Dividends Paid	-	-	-	-	-	-5
Other Financing Activities	-0.44	-0.88	-1.14	-	11.29	-
Financing Cash Flow	-13.87	-20.93	12.09	-11.26	2.92	-1.38
Net Cash Flow	8.77	8.42	2.1	-2.5	5.68	4.66
Free Cash Flow	22.94	23.35	-3.99	8.73	14.98	6.04
Free Cash Flow Growth	1069.88%	-	-	-41.70%	147.98%	-
Free Cash Flow Margin	13.16%	14.36%	-2.97%	5.59%	10.35%	5.45%
Free Cash Flow Per Share	0.33	0.33	-0.06	0.13	0.58	-
Cash Interest Paid	0.44	0.88	1.14	-	-	-
Levered Free Cash Flow	23.17	22.41	-9.52	7.41	3.81	-
Unlevered Free Cash Flow	23.39	23.01	-9.15	7.59	3.98	-
Change in Working Capital	13.21	14.1	-21.39	-2.36	6.09	1.77

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