Amot Investments Cash Flow Statement

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	781.84	919.01	682.61	1,171	932.19
Depreciation & Amortization	3.02	2.85	3.66	3.44	4.47
Asset Writedown	-353.21	-575.13	-248.02	-1,003	-863.22
Stock-Based Compensation	9.11	8.32	6.76	6.34	5.04
Income (Loss) on Equity Investments	9.04	-13.01	-19.68	-19.46	-12.86
Change in Accounts Receivable	-14.86	18.41	-9.52	8.35	9.99
Change in Accounts Payable	0.64	3.82	2.51	9.54	3
Change in Other Net Operating Assets	52.12	1.14	13.23	-175.86	45.72
Other Operating Activities	387.34	478.06	359.01	591.23	473.86
Operating Cash Flow	874.54	842.71	789.82	589.64	595.06
Operating Cash Flow Growth	3.78%	6.70%	33.95%	-0.91%	20.00%
Acquisition of Real Estate Assets	-731.59	-698.48	-529.53	-880.83	-2,343
Sale of Real Estate Assets	221.1	350.31	-	-	-
Net Sale / Acq. of Real Estate Assets	-510.49	-348.17	-529.53	-880.83	-2,343
Investment in Marketable & Equity Securities	-	-	400	-400	50.55
Other Investing Activities	-24.76	-12.74	3.95	112.89	6.98
Investing Cash Flow	-540.39	-389.08	-190.84	-1,168	-2,286
Short-Term Debt Issued	-	-	100	8.6	-
Long-Term Debt Issued	651.49	555.08	496.9	1,384	2,334
Total Debt Issued	651.49	555.08	596.9	1,393	2,334
Short-Term Debt Repaid	-4.18	-5.48	-107.9	-	-96.71
Long-Term Debt Repaid	-627.63	-635.92	-618.96	-557.82	-1,065
Total Debt Repaid	-631.81	-641.39	-726.86	-557.82	-1,162
Net Debt Issued (Repaid)	19.68	-86.31	-129.96	835.14	1,172
Issuance of Common Stock	509.73	12.38	10.68	639.51	749.77
Common Dividends Paid	-520.51	-508.55	-639.23	-648.79	-419.05
Other Financing Activities	15.28	-	-	6.79	12.33
Net Cash Flow	249.33	-232.85	-159.52	254.34	-175.37
Cash Interest Paid	137.62	143.14	154.31	179.09	158.2
Cash Income Tax Paid	55.12	44.37	12.45	171.99	21.14
Levered Free Cash Flow	517.9	683.4	724.58	-124.32	461.56
Unlevered Free Cash Flow	602.42	757.31	793.62	-77.07	524.79
Change in Working Capital	37.9	23.37	6.23	-157.97	58.71

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.