Danel (Adir Yeoshua) 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	116.95	20.51	-11.22	115.79	174.15
Depreciation & Amortization	100.59	93.05	88.71	88.45	83.98
Other Amortization	-	3.97	3.79	-	-
Loss (Gain) From Sale of Assets	1.77	-0.07	-0.1	-0.22	0.06
Asset Writedown & Restructuring Costs	-	14.06	89.66	-	-
Loss (Gain) on Equity Investments	-	44.66	15.18	13.45	5.25
Stock-Based Compensation	3.97	6.18	4.7	4	5.18
Other Operating Activities	29.31	45.78	2	-11.56	-14.35
Change in Accounts Receivable	-39.38	-53.64	-12.66	-14.86	-26.75
Change in Accounts Payable	4.84	16.22	4.2	6.62	6.2
Change in Other Net Operating Assets	17.76	32.35	22.46	4.06	-2.09
Operating Cash Flow	235.82	223.06	206.72	205.71	231.64
Operating Cash Flow Growth	5.72%	7.91%	0.49%	-11.19%	-13.03%
Capital Expenditures	-92.76	-26.06	-27.74	-56.86	-46.84
Sale of Property, Plant & Equipment	0.49	0.62	0.45	0.52	0.6
Cash Acquisitions	0.44	-	-	-	-6.93
Sale (Purchase) of Intangibles	-4.94	-4.49	-4.48	-7.2	-4.61
Sale (Purchase) of Real Estate	-	-4.87	-17.59	-	-
Investment in Securities	-	-0.41	-0.28	-0.56	-72.68
Other Investing Activities	-0.21	0.49	-24.8	-19.79	0.8
Investing Cash Flow	-96.3	-34.05	-73.82	-79.02	-124.25
Short-Term Debt Issued	-	19.35	6.1	2.48	-
Long-Term Debt Issued	3.04	0.69	22.3	81.78	33.64
Total Debt Issued	3.04	20.04	28.39	84.26	33.64
Short-Term Debt Repaid	-14.94	-	-	-	-1.75
Long-Term Debt Repaid	-96.83	-94.45	-86.2	-71.02	-74.36
Total Debt Repaid	-111.76	-94.45	-86.2	-71.02	-76.11
Net Debt Issued (Repaid)	-108.72	-74.41	-57.81	13.24	-42.47
Issuance of Common Stock	15.63	2.46	8.47	132.19	0.09
Common Dividends Paid	-80.75	-49.25	-25.54	-107.5	-105.16
Other Financing Activities	-3.46	-1.77	-12.85	-105.72	-20.18
Financing Cash Flow	-177.29	-122.96	-87.73	-67.8	-167.71
Net Cash Flow	-37.78	66.05	45.17	58.89	-60.32
Free Cash Flow	143.06	197.01	178.97	148.86	184.8
Free Cash Flow Growth	-27.38%	10.08%	20.23%	-19.45%	-26.18%
Free Cash Flow Margin	4.93%	7.11%	7.12%	6.30%	8.07%
Free Cash Flow Per Share	24.75	34.42	31.49	27.37	34.59
Cash Interest Paid	-	10.25	8.68	5.95	3.15
Cash Income Tax Paid	-	55.14	53.39	57.29	60.84
Levered Free Cash Flow	100.56	158.09	153.71	119.9	151.29
Unlevered Free Cash Flow	116.73	169.65	163.76	126.22	155.58
Change in Working Capital	-16.77	-5.07	14	-4.19	-22.64

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.