Summarized Consolidated Cash Flow
SUMMARIZED CONSOLIDATED CASH FLOWS
|SAR in Billion||2021||2020||% Change||2019||2018||2017|
|Net cash generated from operating activities||39.23||22.15||77%||33.83||44.77||38.68|
|Net cash used in investing activities||-8.92||-13.96||-36%||-12.36||-29.60||4.77|
|Net cash used in financing activities||-14.42||-14.52||23%||-23.04||-31.68||-25.72|
|Free cash flow||28.26||8.89||218%||15.29||30.53||27.21|
|US$ in Billion||2021||2020||% Change||2019||2018||2017|
|Net cash generated from operating activities||10.46||5.91||77%||9.02||11.94||10.31|
|Net cash used in investing activities||--2.38||-3.72||-36%||-3.30||-7.89||1.27|
|Net cash used in financing activities||-4.75||-3.87||23%||-6.14||-8.45||-6.86|
|Free cash flow||7.54||2.37||218%||4.08||8.14||7.25|
Net cash generated from operating activities was SAR 39.23 compared to SAR 22.15 in 2020, an increase of SAR 17.08 or 77% as a result of the higher earnings driven by the higher products margins.
Net cash used in investing activities was SAR 8.92 compared to SAR 13.96 in 2020, a decrease of SAR 5.05 or 36% that primarily reflects the lower capital expenditures demonstrating the company’s strong focus on capital discipline. Also, lower cash outflow for additional investments in associates and joint ventures.
Net cash used in financing activities was SAR 17.82 compared to SAR 14.52 in 2020, an increase of SAR 3.30 or 23% that primarily reflects the lower cash inflows from the drawdown of new loan facilities.</.p>
Cash and cash equivalent at December 31, 2021 was SAR 41.39 compared to SAR 28.94 in 2020, an increase of SAR 12.45 or 43%.
Free cash flow was SAR 28.26 compared to SAR 8.89 in 2020, an increase of SAR 19.37 driven primarily by the higher average selling prices and focus on capital spending discipline.
- Details of affiliates, joint ventures and associated companies in the financial statements, where appropriate, are listed in the Appendix.
- Details of stocks and debt instruments issued by each affiliate are listed in the Appendix.
- US$/SAR Rate: 3.75
- Free cash flow: net cash generated from operating activities less capital expenditures.