Kvutzat Acro Cash Flow Statement

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	37.41	47.72	262.85	53.46	60.91
Depreciation & Amortization	2.13	1.63	1.49	1.36	1.27
Asset Writedown & Restructuring Costs	-24.13	31.76	-292.35	-164.38	-38.17
Loss (Gain) From Sale of Investments	-	-	-	-	4.26
Loss (Gain) on Equity Investments	-4.88	0.79	-59.24	-57.49	-87.13
Stock-Based Compensation	4.85	4.54	24.83	76.04	-
Other Operating Activities	59.83	60.05	233.79	123.25	81.54
Change in Accounts Receivable	-65.04	-75.73	-74.23	-49.34	-57.65
Change in Inventory	-456.39	193.58	-712.66	-518.91	87.53
Change in Accounts Payable	-12.53	14.58	-5.62	40.53	40.87
Change in Other Net Operating Assets	-207.71	-215.21	-61.44	177.08	64.41
Operating Cash Flow	-666.46	63.7	-682.58	-318.42	157.85
Capital Expenditures	-2	-0.46	-1.33	-0.1	-0.38
Investment in Securities	109.83	109.83	-68.7	-161.95	11.31
Other Investing Activities	1.42	66.83	-12.81	14.72	128.57
Investing Cash Flow	24.25	-181.21	-607.15	-376.15	-25.33
Long-Term Debt Issued	-	637.34	1,566	687.34	160.2
Long-Term Debt Repaid	-	-205.47	-484.45	-148.48	-82.35
Net Debt Issued (Repaid)	894.92	431.88	1,081	538.86	77.85
Issuance of Common Stock	99.27	99.27	487.16	-	18.68
Common Dividends Paid	-9.6	-52.57	-35	-	-
Other Financing Activities	-224.79	-253.96	-139.72	-43.52	-42.63
Financing Cash Flow	759.8	224.61	1,394	495.35	53.9
Net Cash Flow	117.59	107.11	104.18	-199.22	186.42
Free Cash Flow	-668.46	63.24	-683.91	-318.51	157.46
Free Cash Flow Margin	-83.72%	7.05%	-73.89%	-59.32%	34.83%
Free Cash Flow Per Share	-10.91	1.08	-12.03	-8.26	5.43
Cash Interest Paid	219.71	190.8	101.45	66.87	41.1
Cash Income Tax Paid	37.74	4.02	1.69	24.41	6.27
Levered Free Cash Flow	-628.5	40.77	22.48	-	-
Unlevered Free Cash Flow	-581.17	70.22	52.48	-	-
Change in Net Working Capital	655.93	25.71	101.29	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.