Orchard Therapeutics 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	2016 - 2020
Period Ending	Mar '25 Mar 31, 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	2016 - 2020
Net Income	171.75	144.41	84.91	166.68	-114.09	-64.28	Upgrade
Depreciation & Amortization	31.75	28.44	28.44	79.86	67.54	58.25	Upgrade
Other Amortization	67.21	67.21	59.29	-	-	-	Upgrade
Gain (Loss) on Sale of Investments	-465.62	-688.5	-545.17	239.46	-779.94	-211.76	Upgrade
Change in Accounts Receivable	-260.81	-44.8	-101.05	-45.48	-18.7	18	Upgrade
Reinsurance Recoverable	116.04	-16.16	-202.4	137.6	-266.14	-531.58	Upgrade
Change in Insurance Reserves / Liabilities	1,169	1,169	816.06	-537.68	1,421	866.25	Upgrade
Change in Other Net Operating Assets	-630.88	-719.12	-444.24	-29.03	-720.99	-36.5	Upgrade
Other Operating Activities	403.15	384.15	221.29	224.54	237.62	150.41	Upgrade
Operating Cash Flow	480.33	208.64	-46.36	299.53	-306.02	359.34	Upgrade
Capital Expenditures	-10.14	-12.62	-5.71	-6.22	-10.69	-11.47	Upgrade
Purchase / Sale of Intangible Assets	-121.2	-114.69	-99.66	-103.5	-72.5	-76.78	Upgrade
Investment in Securities	-	-	-5.4	100.3	-3.69	-15.54	Upgrade
Other Investing Activities	3.68	4.43	2.13	1.81	4.33	1.59	Upgrade
Investing Cash Flow	-127.66	-122.87	-108.65	-7.62	-82.55	-102.19	Upgrade
Long-Term Debt Issued	-	20	-	184.77	156.46	175	Upgrade
Total Debt Repaid	-139.61	-9.6	-9.66	-251.18	-13	-189.84	Upgrade
Net Debt Issued (Repaid)	-9.61	10.4	-9.66	-66.41	143.46	-14.84	Upgrade
Issuance of Common Stock	-	-	5	5	-	-	Upgrade
Common Dividends Paid	-60	-60	-	-	-	-	Upgrade
Other Financing Activities	-	-	-	-	0.46	-	Upgrade
Financing Cash Flow	-69.61	-49.6	-4.66	-61.41	143.92	-14.84	Upgrade
Net Cash Flow	283.06	36.17	-159.66	230.51	-244.65	242.31	Upgrade
Free Cash Flow	470.2	196.02	-52.07	293.31	-316.71	347.88	Upgrade
Free Cash Flow Margin	10.87%	4.51%	-1.42%	12.81%	-10.34%	14.13%	Upgrade
Free Cash Flow Per Share	17.75	7.44	-1.99	14.31	-17.40	19.12	Upgrade
Cash Interest Paid	43.86	45.49	44.61	31.41	24.86	21.23	Upgrade
Cash Income Tax Paid	96.95	44.09	-35.56	2.43	-23.13	-1.31	Upgrade
Levered Free Cash Flow	7,785	-1,098	-1,116	970.83	-1,709	-500.48	Upgrade
Unlevered Free Cash Flow	7,828	-1,055	-1,078	994.67	-1,683	-473.9	Upgrade
Change in Net Working Capital	-7,663	1,193	1,181	-911.28	1,561	420.74	Upgrade

Updated Mar 18, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.