1. QUESTION 1 :Write an analysis and interpretation of the cash flows for at least two years . Be sure to analyse the cash flows from operating activities, as well as the overall cash inflows and outflows for the firm?

2018 % SAR 519,208.00 36,249 31.97 2.23 28,022 5,716 0 1.73 0.35 0.00 0.65 15.94 45.58 10,503 258,914 740,351 Savola Summery Analysis of Statement of Cash Flows 2019 % Inflows (in thousands of Riyals) Operations SAR 1,257,456.00 54.86 Proceeds from sale of property, plant and 41,504 equipment 1.81 Proceeds from sale of investment Proceeds from investments 41,138 1.79 Net change in FVTPL investments 4,372 0.19 Net change in deferred tax asset 6,356 0.28 Dividends received 306,098 13.36 Net change in loans and borrowings - non- 619,584 current 27.03 Net change in deferred tax liability 15.432 0.67 Total SAR 2,291,940.00 100% SAR outflows (in thousands of Riyals) Acquisition of property, plant and equipment 374,295 17.04 Acquisition of subsidiary, net of cash acquired Net change in FVTPL investments Net change in loans and borrowings - current 1,068,495 48.63 Payment of lease liabilities 639,266 29.10 Dividends paid 2,406 0.11 Dividend paid to non-controlling interests 112,670 5.13 Total SAR 2,197,132.00 100% SAR Change in cash and cash equivalents SAR 94.808.00 SAR 25,215 1,624,178.00 1.55 100% 394,425 558,102 30,888 65,829 23.35 33.04 1.83 3.90 526,364 113,750 ,689,358.00 (65,180.00) 31.16 6.73 100% 1