SAUDI GERMAN HEALTH

Middle East Healthcare Company

4009StocksTadawulHealthcare

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (SAR)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operations
Operating Cash Flow	544.60M	766.00M	191.08M	76.02M	76.62M
Free Cash Flow	89.44M	295.18M	-38.53M	-173.50M	-339.94M
Capital Expenditures	-455.16M	-470.82M	-229.61M	-249.52M	-416.56M
Investing & Financing
Investing Cash Flow	-338.37M	-508.82M	-241.99M	-249.40M	-417.39M
Financing Cash Flow	-229.06M	-256.07M	77.95M	160.85M	351.99M
Dividends Paid	-46.02M	—	—	—	—
Operating Activities
Operating Cash Flow	544.60M	766.00M	191.08M	76.02M	76.62M
Net Income	301.88M	282.00M	17.04M	75.18M	17.20M
Change in Accounts Payable	-36.28M	-237.08M	132.56M	124.13M	-59.93M
Change in Accounts Receivable	-76.38M	383.19M	-697.84M	-354.04M	-32.89M
Change in Inventory	1.99M	6.07M	85.47M	5.58M	-1.14M
Change in Other Net Operating Assets	-8.83M	-45.53M	125.15M	-4.24M	-27.27M
Change in Working Capital	-119.49M	106.65M	-354.65M	-228.58M	-121.22M
Other Operating Activities	209.27M	253.64M	306.06M	79.90M	51.30M
Provision & Write-off of Bad Debts	6.38M	-29.05M	32.07M	1.57M	-13.74M
Depreciation & Amortization	233.11M	206.18M	187.09M	144.46M	140.03M
Other Amortization	12.84M	10.57M	2.72M	1.52M	1.38M
Cash Interest Paid	189.20M	186.18M	157.93M	69.64M	47.12M
Miscellaneous Cash Flow Adjustments	—	—	-10	—	—
Loss (Gain) on Equity Investments	13.86M	0.52M	—	—	—
Asset Writedown & Restructuring Costs	—	-45.45M	—	—	—
Investing Activities
Investing Cash Flow	-338.37M	-508.82M	-241.99M	-249.40M	-417.39M
Capital Expenditures	-455.16M	-470.82M	-229.61M	-249.52M	-416.56M
Investment in Securities	-9.00M	-51.00M	-10.00M	—	—
Sale (Purchase) of Intangibles	-2.12M	-8.50M	-2.76M	-0.00M	-0.95M
Sale of Property, Plant & Equipment	127.91M	21.50M	0.38M	0.13M	0.13M
Loss (Gain) From Sale of Assets	-113.26M	-19.06M	0.76M	1.98M	1.68M
Financing Activities
Financing Cash Flow	-229.06M	-256.07M	77.95M	160.85M	351.99M
Common Dividends Paid	-46.02M	—	—	—	—
Long-Term Debt Issued	1.20B	1.60B	1.57B	1.18B	1.11B
Long-Term Debt Repaid	-1.19B	-2.66B	-1.33B	-0.95B	-0.71B
Net Debt Issued (Repaid)	0.01B	-1.06B	0.24B	0.23B	0.40B
Other Financing Activities	-197.58M	803.01M	-157.93M	-69.64M	-47.12M
Free Cash Flow & Returns
Free Cash Flow	89.44M	295.18M	-38.53M	-173.50M	-339.94M
Free Cash Flow Growth	-69.7%	—	—	—	—
Free Cash Flow Margin	+2.9%	+10.2%	-1.5%	-8.1%	-18.2%
Free Cash Flow Per Share	0.97	3.21	-0.42	-1.89	-3.69
Levered Free Cash Flow	-194.66M	-150.59M	-107.96M	-281.13M	-392.73M
Unlevered Free Cash Flow	-74.15M	-12.73M	-12.22M	-238.00M	-366.78M
Operating Cash Flow Growth	-28.9%	+300.9%	+151.3%	-0.8%	—
Net Cash Flow	-25.98M	7.86M	28.82M	-12.53M	11.22M
Foreign Exchange Rate Adjustments	-3.15M	6.75M	1.77M	—	—

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (SAR)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operations
Operating Cash Flow	544.60M	766.00M	191.08M	76.02M	76.62M
Free Cash Flow	89.44M	295.18M	-38.53M	-173.50M	-339.94M
Capital Expenditures	-455.16M	-470.82M	-229.61M	-249.52M	-416.56M
Investing & Financing
Investing Cash Flow	-338.37M	-508.82M	-241.99M	-249.40M	-417.39M
Financing Cash Flow	-229.06M	-256.07M	77.95M	160.85M	351.99M
Dividends Paid	-46.02M	—	—	—	—
Operating Activities
Operating Cash Flow	544.60M	766.00M	191.08M	76.02M	76.62M
Net Income	301.88M	282.00M	17.04M	75.18M	17.20M
Change in Accounts Payable	-36.28M	-237.08M	132.56M	124.13M	-59.93M
Change in Accounts Receivable	-76.38M	383.19M	-697.84M	-354.04M	-32.89M
Change in Inventory	1.99M	6.07M	85.47M	5.58M	-1.14M
Change in Other Net Operating Assets	-8.83M	-45.53M	125.15M	-4.24M	-27.27M
Change in Working Capital	-119.49M	106.65M	-354.65M	-228.58M	-121.22M
Other Operating Activities	209.27M	253.64M	306.06M	79.90M	51.30M
Provision & Write-off of Bad Debts	6.38M	-29.05M	32.07M	1.57M	-13.74M
Depreciation & Amortization	233.11M	206.18M	187.09M	144.46M	140.03M
Other Amortization	12.84M	10.57M	2.72M	1.52M	1.38M
Cash Interest Paid	189.20M	186.18M	157.93M	69.64M	47.12M
Miscellaneous Cash Flow Adjustments	—	—	-10	—	—
Loss (Gain) on Equity Investments	13.86M	0.52M	—	—	—
Asset Writedown & Restructuring Costs	—	-45.45M	—	—	—
Investing Activities
Investing Cash Flow	-338.37M	-508.82M	-241.99M	-249.40M	-417.39M
Capital Expenditures	-455.16M	-470.82M	-229.61M	-249.52M	-416.56M
Investment in Securities	-9.00M	-51.00M	-10.00M	—	—
Sale (Purchase) of Intangibles	-2.12M	-8.50M	-2.76M	-0.00M	-0.95M
Sale of Property, Plant & Equipment	127.91M	21.50M	0.38M	0.13M	0.13M
Loss (Gain) From Sale of Assets	-113.26M	-19.06M	0.76M	1.98M	1.68M
Financing Activities
Financing Cash Flow	-229.06M	-256.07M	77.95M	160.85M	351.99M
Common Dividends Paid	-46.02M	—	—	—	—
Long-Term Debt Issued	1.20B	1.60B	1.57B	1.18B	1.11B
Long-Term Debt Repaid	-1.19B	-2.66B	-1.33B	-0.95B	-0.71B
Net Debt Issued (Repaid)	0.01B	-1.06B	0.24B	0.23B	0.40B
Other Financing Activities	-197.58M	803.01M	-157.93M	-69.64M	-47.12M
Free Cash Flow & Returns
Free Cash Flow	89.44M	295.18M	-38.53M	-173.50M	-339.94M
Free Cash Flow Growth	-69.7%	—	—	—	—
Free Cash Flow Margin	+2.9%	+10.2%	-1.5%	-8.1%	-18.2%
Free Cash Flow Per Share	0.97	3.21	-0.42	-1.89	-3.69
Levered Free Cash Flow	-194.66M	-150.59M	-107.96M	-281.13M	-392.73M
Unlevered Free Cash Flow	-74.15M	-12.73M	-12.22M	-238.00M	-366.78M
Operating Cash Flow Growth	-28.9%	+300.9%	+151.3%	-0.8%	—
Net Cash Flow	-25.98M	7.86M	28.82M	-12.53M	11.22M
Foreign Exchange Rate Adjustments	-3.15M	6.75M	1.77M	—	—