Bank Hapoalim B.M. Cash Flow Statement

Financials in millions ILS. Fiscal year is January - December.

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 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	9,278	7,635	7,360	6,532	4,914	2,056
Depreciation & Amortization	738	764	802	716	602	580
Other Amortization	-	-	-	-	-	19
Gain (Loss) on Sale of Assets	-33	-27	-71	-46	-92	-57
Gain (Loss) on Sale of Investments	-528	304	256	286	-781	-102
Provision for Credit Losses	1,261	693	1,879	-34	-1,220	1,943
Change in Trading Asset Securities	-31,396	5,729	-12,455	-5,122	1,906	-3,747
Change in Other Net Operating Assets	9,996	-3,038	6,622	4,472	-2,131	1,030
Other Operating Activities	-780	-2,397	-4,855	-6,658	1,979	1,371
Operating Cash Flow	-11,377	9,830	-437	132	5,178	2,800
Operating Cash Flow Growth	-	-	-	-97.45%	84.93%	-62.77%
Capital Expenditures	-1,028	-980	-970	-700	-886	-682
Sale of Property, Plant and Equipment	35	32	86	63	140	72
Investment in Securities	-2,151	9,114	-8,031	-35,207	1,552	-11,809
Income (Loss) Equity Investments	67	152	12	-32	-15	-1
Net Decrease (Increase) in Loans Originated / Sold - Investing	-44,050	-35,173	-18,232	-32,122	-46,675	-10,788
Investing Cash Flow	-47,194	-27,007	-27,147	-67,966	-45,869	-23,207
Long-Term Debt Issued	-	13,595	384	17,019	11,543	2,375
Long-Term Debt Repaid	-	-4,192	-13,471	-5,813	-6,174	-5,233
Net Debt Issued (Repaid)	15,053	9,403	-13,087	11,206	5,369	-2,858
Issuance of Common Stock	36	-	-	-	-	-
Repurchase of Common Stock	-750	-463	-	-	-	-
Common Dividends Paid	-2,875	-2,284	-2,431	-939	-1,479	-
Net Increase (Decrease) in Deposit Accounts	21,318	19,811	17,482	295	88,085	76,719
Other Financing Activities	-	-	-1	-16	-	-
Financing Cash Flow	32,782	26,467	1,963	10,546	91,975	73,861
Foreign Exchange Rate Adjustments	-1,741	128	-	1,429	-588	-1,442
Net Cash Flow	-27,530	9,418	-25,621	-55,859	50,696	52,012
Free Cash Flow	-12,405	8,850	-1,407	-568	4,292	2,118
Free Cash Flow Growth	-	-	-	-	102.64%	-68.97%
Free Cash Flow Margin	-53.73%	41.61%	-7.21%	-3.16%	27.49%	18.86%
Free Cash Flow Per Share	-9.37	6.63	-1.05	-0.42	3.21	1.58
Cash Interest Paid	17,511	17,801	14,483	4,001	1,708	2,720
Cash Income Tax Paid	6,418	4,854	3,523	2,032	1,604	1,716

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