Bait Bakfar 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	106.73	133.19	125.66	97.02	54.9
Depreciation & Amortization	0.71	0.45	0.47	0.41	0.32
Loss (Gain) From Sale of Assets	-0.21	-0.08	-	-0.03	-
Asset Writedown & Restructuring Costs	-99.53	-139.05	-131.33	-112.25	-36.19
Loss (Gain) From Sale of Investments	-0.87	-0.91	-1.17	11.85	-7.44
Stock-Based Compensation	0.35	1.12	1.12	0.85	-
Other Operating Activities	12.45	29.04	29.47	24.13	3.14
Change in Accounts Receivable	0	-0.65	0.18	-0.18	-0.03
Change in Accounts Payable	4.62	-0.17	1.91	-0.63	-7.75
Change in Other Net Operating Assets	45.44	46.04	14.79	8.05	16.89
Operating Cash Flow	69.7	68.98	41.1	29.22	23.84
Operating Cash Flow Growth	1.06%	67.81%	40.66%	22.55%	133.28%
Capital Expenditures	-6.13	-1.59	-0.12	-0.09	-0.71
Sale of Property, Plant & Equipment	0.26	0.31	-	0.03	-
Sale (Purchase) of Real Estate	-65.62	-43.2	-26.75	-135.89	-6.8
Investment in Securities	-174.73	9.76	66.96	19.23	-13.76
Other Investing Activities	40.72	-	33.08	-38.06	-15.33
Investing Cash Flow	-205.49	-34.73	73.18	-154.78	-36.6
Short-Term Debt Issued	-	-	-	54.83	-
Long-Term Debt Issued	99	-	-	-	-
Total Debt Issued	99	-	-	54.83	-
Short-Term Debt Repaid	-	-	-54.83	-	-
Long-Term Debt Repaid	-	-	-	-13.5	-29
Total Debt Repaid	-	-	-54.83	-13.5	-29
Net Debt Issued (Repaid)	99	-	-54.83	41.33	-29
Issuance of Common Stock	-	-	-	148.37	-
Common Dividends Paid	-30	-30	-30	-30	-
Financing Cash Flow	69	-30	-84.83	159.7	-29
Foreign Exchange Rate Adjustments	-0.88	-0.37	0.44	-	-
Net Cash Flow	-67.67	3.88	29.89	34.14	-41.76
Free Cash Flow	63.58	67.39	40.98	29.13	23.14
Free Cash Flow Growth	-5.65%	64.42%	40.70%	25.91%	126.35%
Free Cash Flow Margin	58.00%	65.17%	41.35%	31.33%	27.09%
Free Cash Flow Per Share	0.89	0.96	0.59	0.43	0.37
Cash Interest Paid	1.81	-	0.49	0.53	0.54
Cash Income Tax Paid	7.55	4.77	4.89	10.57	6.96
Levered Free Cash Flow	91.63	27.36	73.65	2.83	21.63
Unlevered Free Cash Flow	100.35	27.75	74.15	3.64	22.32
Change in Working Capital	50.07	45.22	16.88	7.24	9.11

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