Baladi Cash Flow Statement

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	71.35	-31.54	0.97	46.41
Depreciation & Amortization	23.83	21.93	17.26	15.11
Loss (Gain) From Sale of Assets	-0.07	-0.26	-0.11	0.05
Loss (Gain) From Sale of Investments	3.04	-0.51	31.51	-8.84
Loss (Gain) on Equity Investments	-0.14	-0.64	-1.32	-
Other Operating Activities	44.3	44	-8.56	35.34
Change in Accounts Receivable	-75.85	20.85	2.56	-49.34
Change in Inventory	-13.35	73.36	-85.25	6.56
Change in Accounts Payable	38.3	-16.18	-23.09	16.15
Change in Other Net Operating Assets	1.31	-22.01	-35.56	-40.67
Operating Cash Flow	92.71	89	-101.58	20.76
Capital Expenditures	-3.61	-9.75	-12.15	-30.4
Sale of Property, Plant & Equipment	0.3	0.41	0.11	0.22
Cash Acquisitions	-	-	0.36	-
Investment in Securities	-	-	-3.25	-2.36
Other Investing Activities	0.88	1.19	0.77	1.76
Investing Cash Flow	-2.44	-8.15	-14.17	-30.79
Short-Term Debt Issued	-	-	147.03	-
Long-Term Debt Issued	-	3.46	-	173.49
Total Debt Issued	-6.55	3.46	147.03	173.49
Short-Term Debt Repaid	-	-28.55	-	-130.63
Long-Term Debt Repaid	-	-16.81	-10.19	-8.62
Total Debt Repaid	-45.48	-45.36	-10.19	-139.25
Net Debt Issued (Repaid)	-52.03	-41.9	136.84	34.24
Common Dividends Paid	-	-	-	-15
Other Financing Activities	-38.91	-38.8	-18.78	-9.11
Financing Cash Flow	-90.94	-80.69	118.05	10.13
Net Cash Flow	-0.67	0.15	2.3	0.1
Free Cash Flow	89.1	79.25	-113.73	-9.64
Free Cash Flow Margin	7.94%	7.85%	-10.49%	-1.02%
Cash Interest Paid	38.91	38.8	18.78	9.11
Cash Income Tax Paid	-	13.1	5.3	2.73
Levered Free Cash Flow	-	67.9	-	-
Unlevered Free Cash Flow	-	92.75	-	-
Change in Working Capital	-49.6	56.01	-141.34	-67.31

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