Ashdod Refinery Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	-46	3	-34	116	52	-30
Depreciation & Amortization	66	69	67	67	67	72
Other Operating Activities	58	58	31	113	66	-
Change in Accounts Receivable	99	28	-21	-32	-50	-29
Change in Inventory	-189	50	14	31	-162	-35
Change in Accounts Payable	134	-39	71	-29	29	190
Change in Other Net Operating Assets	-60	-39	-19	26	-128	48
Operating Cash Flow	62	130	109	292	-126	216
Operating Cash Flow Growth	-69.61%	19.27%	-62.67%	-	-	-
Capital Expenditures	-35	-26	-25	-32	-115	-47
Other Investing Activities	3	3	-	1	-	-
Investing Cash Flow	-32	-23	-25	-31	-115	-47
Short-Term Debt Issued	-	-	-	-	219	-
Long-Term Debt Issued	-	-	82	233	20	-
Total Debt Issued	-	-	82	233	239	-
Short-Term Debt Repaid	-	-	-	-	-	-126
Long-Term Debt Repaid	-	-45	-31	-306	-4	-4
Total Debt Repaid	-45	-45	-31	-306	-4	-130
Net Debt Issued (Repaid)	-45	-45	51	-73	235	-130
Issuance of Common Stock	-	-	-	41	-	-
Common Dividends Paid	-	-	-55	-	-	-
Other Financing Activities	-39	-39	-37	-28	-22	-13
Financing Cash Flow	-84	-84	-41	-60	213	-143
Foreign Exchange Rate Adjustments	9	9	-11	-7	20	8
Net Cash Flow	-45	32	32	194	-8	34
Free Cash Flow	27	104	84	260	-241	169
Free Cash Flow Growth	-85.00%	23.81%	-67.69%	-	-	-
Free Cash Flow Margin	0.91%	3.44%	2.61%	6.89%	-5.75%	6.70%
Free Cash Flow Per Share	2.20	8.32	6.72	20.81	-21.43	15.03
Cash Interest Paid	39	39	37	28	22	13
Levered Free Cash Flow	0.88	62.13	59.88	186.88	-294.75	-
Unlevered Free Cash Flow	30.25	84.63	81.13	206.25	-281	-
Change in Working Capital	-16	-	45	-4	-311	174