TLV:AMRM 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	156.51	115.09	149.55	264.43	123.44
Depreciation & Amortization	16.43	11.24	6.74	4.71	0.81
Loss (Gain) From Sale of Assets	-0.27	-0.2	-0.13	-0.09	0.01
Asset Writedown & Restructuring Costs	-46.58	-3.07	6	-14.81	-14.84
Loss (Gain) From Sale of Investments	-	-0.17	-	-	-
Loss (Gain) on Equity Investments	-32.01	-14.49	-10.21	-71.85	-63.47
Stock-Based Compensation	2.16	1.36	-	-	-
Other Operating Activities	-798.55	-860.9	-377.8	-938.72	-1,192
Change in Accounts Receivable	2.36	-2.04	7.91	-0.34	-5.47
Change in Inventory	-173.83	495.09	-31.08	195.26	-49.77
Change in Accounts Payable	23.89	46.11	12.67	1.26	-4.37
Change in Other Net Operating Assets	-128.94	-10.13	55.54	-33.16	17.29
Operating Cash Flow	-978.83	-222.11	-180.81	-593.31	-1,188
Capital Expenditures	-29.03	-45.46	-17.19	-8.98	-6.16
Sale of Property, Plant & Equipment	3.07	1.32	0.99	0.45	0.17
Cash Acquisitions	0.04	-7.04	-5	-	-1.47
Sale (Purchase) of Real Estate	-74.08	-40.79	-49.97	-122.61	-11.32
Investment in Securities	-	-0.4	-	-	-
Other Investing Activities	23.75	-182.17	63.92	-69.52	-108.9
Investing Cash Flow	-79.72	-274.95	-5.81	-202.58	-127.59
Short-Term Debt Issued	236.71	-	124.24	325.94	1,415
Long-Term Debt Issued	893.37	677.05	132.54	518.65	142.44
Total Debt Issued	1,130	677.05	256.79	844.59	1,558
Short-Term Debt Repaid	-	-347.3	-	-42.22	-2.78
Long-Term Debt Repaid	-122.94	-102.49	-38.96	-15.79	-210.78
Total Debt Repaid	-122.94	-449.79	-38.96	-58.02	-213.56
Net Debt Issued (Repaid)	1,007	227.25	217.82	786.57	1,344
Issuance of Common Stock	125.14	308.83	-	-	-
Common Dividends Paid	-	-20	-	-23	-2.1
Other Financing Activities	-	0.79	-30	-	-
Financing Cash Flow	1,132	516.87	187.82	763.57	1,342
Net Cash Flow	73.73	19.81	1.2	-32.32	26.23
Free Cash Flow	-1,008	-267.57	-198	-602.28	-1,195
Free Cash Flow Margin	-63.71%	-24.77%	-25.10%	-59.50%	-283.33%
Free Cash Flow Per Share	-12.77	-3.86	-3.30	-10.04	-
Cash Interest Paid	273.46	230.83	204	85.03	29.66
Cash Income Tax Paid	29.85	55.55	49.63	24.73	12.48
Levered Free Cash Flow	-693.69	274.26	9.13	-618.14	-1,272
Unlevered Free Cash Flow	-606.44	337.22	37.85	-605.07	-1,258
Change in Working Capital	-276.52	529.03	45.04	163.03	-42.32

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