Birman Wood & Hardware 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	5.58	6.97	-3.67	19.76	55.19
Depreciation & Amortization	11.18	11.44	11.04	9.61	8.44
Other Amortization	0.24	0.21	-	-	-
Loss (Gain) From Sale of Assets	-0.29	0.3	-0.05	0.56	0.22
Other Operating Activities	18.13	17.86	5.12	1.87	9.76
Change in Accounts Receivable	-5.24	-11.77	30.52	12.73	-36.39
Change in Inventory	5.04	11.95	21.53	-21.65	-65.29
Change in Accounts Payable	-1.74	6.28	-12.54	-2.34	6.58
Change in Other Net Operating Assets	3.17	-2.11	-1.28	-3.9	-2.84
Operating Cash Flow	36.05	41.12	50.66	16.64	-24.33
Operating Cash Flow Growth	-12.32%	-18.83%	204.45%	-	-
Capital Expenditures	-0.41	-4.29	-12.45	-20.2	-10.71
Sale of Property, Plant & Equipment	1.22	1.33	0.53	2.63	0.88
Sale (Purchase) of Intangibles	-0.18	-0.16	-0.25	-0.39	-0.12
Sale (Purchase) of Real Estate	-	-0.02	-0.33	-0.01	-
Other Investing Activities	-2.58	-	-	-	-
Investing Cash Flow	-1.95	-3.14	-12.5	-17.96	-9.95
Short-Term Debt Issued	10.38	1.37	1.94	63.57	47.7
Long-Term Debt Issued	20	-	15	30	65
Total Debt Issued	30.38	1.37	16.94	93.57	112.7
Long-Term Debt Repaid	-41.96	-24.18	-35.95	-49.17	-46.98
Total Debt Repaid	-41.96	-24.18	-35.95	-49.17	-46.98
Net Debt Issued (Repaid)	-11.58	-22.82	-19.02	44.4	65.72
Common Dividends Paid	-8.5	-2	-5	-37	-30
Other Financing Activities	-14.04	-13.11	-14.36	-6.65	-3.31
Financing Cash Flow	-34.12	-37.92	-38.37	0.75	32.42
Net Cash Flow	-0.01	0.06	-0.21	-0.58	-1.86
Free Cash Flow	35.64	36.83	38.21	-3.56	-35.04
Free Cash Flow Growth	-3.23%	-3.61%	-	-	-
Free Cash Flow Margin	9.30%	10.41%	10.40%	-0.83%	-8.88%
Free Cash Flow Per Share	3.24	3.35	3.47	-0.32	-3.19
Cash Interest Paid	14.04	13.11	14.36	6.65	3.31
Cash Income Tax Paid	-2.42	-1.81	9.65	11.84	10.85
Levered Free Cash Flow	20.77	22.8	25.91	-12.8	-48.73
Unlevered Free Cash Flow	29.9	31.19	34.95	-8.45	-46.53
Change in Working Capital	1.22	4.34	38.22	-15.16	-97.93

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