TLV:DIFI 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	120.06	141.1	132.47	244.46	181.32
Depreciation & Amortization	22.22	18.96	41.95	35.87	30.51
Other Amortization	28.75	25.84	-	-	-
Provision for Credit Losses	-89.01	-59.06	-32.23	-271.34	-206.24
Stock-Based Compensation	3.1	6.98	5.08	17.05	8.91
Change in Accounts Payable	-0.8	-24.76	16.78	20.44	10.22
Change in Other Net Operating Assets	-397.33	-629.44	-911.36	-1,038	-1,491
Other Operating Activities	97.36	-77.14	-139.36	-49.11	-16.18
Operating Cash Flow	-212.43	-576.45	-872.07	-1,054	-1,508
Capital Expenditures	-10.74	-10.7	-10.76	-9.97	-3.02
Sale of Property, Plant & Equipment	0.2	0.53	0.32	-	0.02
Cash Acquisitions	-	-	-	-19.03	-
Sale (Purchase) of Intangibles	-37.47	-34.97	-45.44	-33.17	-21.18
Investment in Securities	-5.17	-1.46	-2.4	-1.63	-0.74
Other Investing Activities	-	-	1.98	1.8	-
Investing Cash Flow	-53.18	-46.59	-56.3	-62	-24.91
Long-Term Debt Issued	4,424	1,866	2,284	1,785	2,008
Long-Term Debt Repaid	-4,071	-1,194	-1,301	-705.56	-484.19
Net Debt Issued (Repaid)	353.48	671.98	983.14	1,080	1,524
Issuance of Common Stock	-	-	-	98.25	157.76
Common Dividends Paid	-90.37	-63.35	-85.05	-133.63	-71.52
Other Financing Activities	-	15.75	34.15	-	-
Financing Cash Flow	263.12	624.39	932.25	1,044	1,610
Foreign Exchange Rate Adjustments	0.01	0.01	0.12	0.06	-
Net Cash Flow	-2.48	1.35	4	-71.63	77.09
Free Cash Flow	-223.17	-587.15	-882.83	-1,064	-1,511
Free Cash Flow Margin	-28.12%	-70.34%	-115.91%	-106.32%	-224.53%
Free Cash Flow Per Share	-75.14	-198.56	-298.55	-360.26	-575.03
Cash Interest Paid	280.84	237.57	169.48	53.35	49.58
Cash Income Tax Paid	61.2	119.41	200.29	112.23	83.33

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