Ashot Ashkelon Industries 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	56.84	48.68	32.59	16.69	16.26
Depreciation & Amortization	18.52	16.19	12.6	11.8	13.95
Loss (Gain) From Sale of Assets	-0.03	-0.19	-	-0	0.01
Stock-Based Compensation	1.12	1.45	1.17	0.15	-
Other Operating Activities	14.16	2.9	9.36	0.78	1.19
Change in Accounts Receivable	-74.23	13.51	-11.74	0.02	-30.32
Change in Inventory	-27.21	-20.72	-61.7	13.98	22.28
Change in Accounts Payable	16.24	-26.47	2.8	11.9	-2.78
Change in Unearned Revenue	9.31	54.09	29.92	-8.26	-29.82
Change in Other Net Operating Assets	69.37	6.57	10.95	-24.89	-6.18
Operating Cash Flow	84.09	96.02	25.95	22.18	-15.4
Operating Cash Flow Growth	-12.43%	270.07%	17.01%	-	-
Capital Expenditures	-28.64	-12.86	-17.07	-14.01	-11.73
Sale of Property, Plant & Equipment	0.05	0.25	-	0	0.02
Cash Acquisitions	-	-22.94	-	-	-
Investment in Securities	1.24	1.94	-	-	-
Other Investing Activities	2.06	-	-	-	-0.03
Investing Cash Flow	-25.29	-33.61	-17.07	-14	-11.74
Short-Term Debt Issued	-	-	19.06	-	10.82
Total Debt Issued	-	-	19.06	-	10.82
Short-Term Debt Repaid	-16.03	-16.5	-	-20.67	-
Long-Term Debt Repaid	-4.29	-2.51	-3.43	-7.95	-5.43
Total Debt Repaid	-20.32	-19.01	-3.43	-28.61	-5.43
Net Debt Issued (Repaid)	-20.32	-19.01	15.63	-28.61	5.39
Common Dividends Paid	-40	-28.6	-20	-3.5	-
Other Financing Activities	-5.51	-5.63	-10.2	30.38	11.32
Financing Cash Flow	-65.83	-53.23	-14.57	-1.73	16.71
Foreign Exchange Rate Adjustments	-1.76	0.4	0	0.57	-0.27
Net Cash Flow	-8.79	9.57	-5.69	7.01	-10.69
Free Cash Flow	55.45	83.16	8.88	8.17	-27.13
Free Cash Flow Growth	-33.33%	836.71%	8.67%	-	-
Free Cash Flow Margin	12.09%	21.13%	2.72%	2.59%	-7.93%
Free Cash Flow Per Share	2.25	3.43	0.38	0.35	-1.15
Cash Interest Paid	5.51	5.63	10.2	11.63	1.85
Cash Income Tax Paid	3.38	3.34	0.36	0.36	1.02
Levered Free Cash Flow	33.81	64.08	20.08	26.68	-13.65
Unlevered Free Cash Flow	37.12	66.82	24.31	28.69	-12.42
Change in Working Capital	-6.52	26.98	-29.77	-7.24	-46.81

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