Cellcom Israel Ltd. (TLV:CEL)

Cellcom Israel Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-	134	157	27	-170
Depreciation & Amortization	-	733	705	896	924
Other Amortization	-	145	125	-	-
Asset Writedown & Restructuring Costs	-	1	8	7	7
Loss (Gain) on Equity Investments	-	3	1	5	14
Stock-Based Compensation	-	24	24	15	20
Other Operating Activities	-	195	192	156	128
Change in Accounts Receivable	-	-29	-34	54	125
Change in Inventory	-	3	-29	-15	-7
Change in Accounts Payable	-	50	-57	-23	53
Change in Other Net Operating Assets	-	-86	-16	-70	-101
Operating Cash Flow	-	1,173	1,076	1,052	993
Operating Cash Flow Growth	-	9.01%	2.28%	5.94%	-4.15%
Capital Expenditures	-	-427	-335	-366	-296
Cash Acquisitions	-	-	-	-	-608
Sale (Purchase) of Intangibles	-	-236	-257	-232	-203
Investment in Securities	-	119	-120	407	86
Other Investing Activities	-	19	8	-1	6
Investing Cash Flow	-	-525	-704	-192	-1,015
Long-Term Debt Issued	-	-	491	-	583
Long-Term Debt Repaid	-	-833	-629	-812	-857
Net Debt Issued (Repaid)	-	-833	-138	-812	-274
Issuance of Common Stock	-	-	-	-	140
Other Financing Activities	-	-116	-105	-121	-131
Financing Cash Flow	-	-949	-243	-933	-265
Foreign Exchange Rate Adjustments	-	1	-	-2	-
Net Cash Flow	-	-300	129	-75	-287
Free Cash Flow	-	746	741	686	697
Free Cash Flow Growth	-	0.68%	8.02%	-1.58%	-2.11%
Free Cash Flow Margin	-	16.96%	17.23%	16.73%	18.96%
Free Cash Flow Per Share	-	4.50	4.46	4.19	4.53
Cash Interest Paid	-	118	110	123	130
Cash Income Tax Paid	-	14	12	8	9
Levered Free Cash Flow	-	388.13	428	318.63	582.75
Unlevered Free Cash Flow	-	465.63	513.63	400.5	658.38
Change in Net Working Capital	-	-6	-46	40	-239

Updated Mar 19, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.