TLV:AVIV Cash Flow Statement

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	16.31	33.38	23.18	9.73	6.19	13.71
Depreciation & Amortization	2.71	3.59	3.18	1.69	1.31	1.55
Loss (Gain) From Sale of Assets	-0.09	-0.04	-0.03	-0.1	-	-
Asset Writedown & Restructuring Costs	-7.24	-6.87	2.03	-6.68	-12.67	-0.69
Loss (Gain) on Equity Investments	-1.65	-0.87	-0.21	-0.26	-0.52	-0.65
Other Operating Activities	0.21	1.89	7.02	-1.06	-2.76	-0.73
Change in Accounts Receivable	153.42	-60.31	-102.77	27.19	29.58	-44.91
Change in Inventory	16.07	-49.5	-161.89	46.88	34.58	91.33
Change in Accounts Payable	-4.23	17.02	-18.47	11.53	10.72	7.83
Change in Other Net Operating Assets	2.56	-2.33	-5.31	5.33	7.73	-2.92
Operating Cash Flow	172.96	-69.79	-253.27	94.25	74.16	64.54
Operating Cash Flow Growth	-	-	-	27.10%	14.91%	105.09%
Capital Expenditures	-1.21	-0.98	-1.13	-2.49	-7.37	-2.65
Sale of Property, Plant & Equipment	0.18	0.1	0.03	0.05	-	-
Sale (Purchase) of Real Estate	-1.72	-23.53	-15.83	-0.34	-0.43	-0.6
Other Investing Activities	-20.95	-29.24	17.15	14.66	-20.53	-12.82
Investing Cash Flow	-23.69	-53.65	0.23	11.88	-28.33	-16.07
Long-Term Debt Issued	-	459.17	307.59	99.02	89.48	122.45
Total Debt Issued	3.86	459.17	307.59	99.02	89.48	122.45
Short-Term Debt Repaid	-	-0.12	-0.25	-0.17	-0.13	-0.45
Long-Term Debt Repaid	-	-287.43	-124.88	-174.72	-101.15	-173.93
Total Debt Repaid	-152.44	-287.55	-125.13	-174.89	-101.28	-174.37
Net Debt Issued (Repaid)	-148.57	171.62	182.46	-75.87	-11.8	-51.92
Common Dividends Paid	-7	-7	-1.7	-	-1.9	-1.8
Financing Cash Flow	-155.57	164.62	180.76	-75.87	-13.7	-53.72
Foreign Exchange Rate Adjustments	-0.05	-0.1	0.11	-0.32	-0.1	0.25
Net Cash Flow	-6.36	41.07	-72.17	29.95	32.02	-5.01
Free Cash Flow	171.75	-70.77	-254.4	91.77	66.79	61.88
Free Cash Flow Growth	-	-	-	37.40%	7.92%	102.84%
Free Cash Flow Margin	77.19%	-19.10%	-91.29%	53.19%	32.32%	26.21%
Free Cash Flow Per Share	12.96	-5.34	-19.20	6.93	5.04	4.67
Cash Interest Paid	38.2	36.59	25.21	10.24	12.49	14.32
Cash Income Tax Paid	8.42	3.06	-2.08	5.15	4.02	1.02
Levered Free Cash Flow	177.73	78.96	-154.99	116.58	155.65	43.8
Unlevered Free Cash Flow	185.01	89.64	-145.76	123.11	159.81	47.49
Change in Working Capital	162.71	-100.85	-288.44	90.93	82.6	51.34

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