Delta Israel Brands 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	151.63	158.73	116.05	96.87	138.31
Depreciation & Amortization	123.09	105.01	93.69	85.64	82.51
Other Amortization	-	3.13	1.86	2.07	2.14
Loss (Gain) From Sale of Assets	-0.02	-	-	-0.01	-0.1
Stock-Based Compensation	0.82	2.48	0.26	1.64	0.13
Other Operating Activities	-18.58	-15.86	-14.88	-10.96	-20.78
Change in Accounts Receivable	81.56	-11.54	-54.15	-0.99	7.82
Change in Inventory	-9.46	-80.82	0.97	-6.76	-68.22
Change in Accounts Payable	-30.65	27.01	23.73	-53.61	42.08
Change in Other Net Operating Assets	-4.69	21.67	18.35	-11.38	21.87
Operating Cash Flow	293.71	209.81	185.88	102.52	205.76
Operating Cash Flow Growth	39.99%	12.87%	81.31%	-50.18%	-3.96%
Capital Expenditures	-49.06	-95.16	-58.6	-13.46	-10.72
Sale of Property, Plant & Equipment	0.43	-	-	0.01	0.19
Sale (Purchase) of Intangibles	-1.85	-3.31	-1.59	-2.16	-0.93
Investment in Securities	-	-	224.26	-226.15	-
Other Investing Activities	-0	-	-	-	-
Investing Cash Flow	-50.48	-98.47	164.08	-241.76	-11.47
Long-Term Debt Repaid	-78.78	-68.06	-63.18	-57.65	-101.09
Net Debt Issued (Repaid)	-78.78	-68.06	-63.18	-57.65	-101.09
Issuance of Common Stock	-	-	-	-	288.22
Common Dividends Paid	-87.29	-264.26	-43.94	-55.1	-25.36
Financing Cash Flow	-166.07	-332.32	-107.13	-112.75	161.78
Foreign Exchange Rate Adjustments	-0.16	-	-	-	-
Miscellaneous Cash Flow Adjustments	0	-	-	-	-
Net Cash Flow	77	-220.98	242.83	-251.99	356.07
Free Cash Flow	244.65	114.65	127.28	89.05	195.04
Free Cash Flow Growth	113.38%	-9.93%	42.93%	-54.34%	-6.83%
Free Cash Flow Margin	18.83%	9.65%	13.46%	9.69%	21.52%
Free Cash Flow Per Share	9.78	4.58	5.09	3.56	8.08
Cash Interest Paid	-	18.72	11.63	8.64	8.07
Cash Income Tax Paid	-	50.22	30.59	41.64	34.38
Levered Free Cash Flow	228.34	85.97	131.32	79.1	199.79
Unlevered Free Cash Flow	245.4	97.99	139.29	84.75	204.91
Change in Working Capital	36.77	-43.69	-11.09	-72.73	3.56

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