Globrands 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	59.19	74.1	59.46	70.27	72.74
Depreciation & Amortization	22.75	19.52	15.12	12.88	11.74
Loss (Gain) From Sale of Assets	-0.17	-1.54	-1.68	-0.07	0.07
Asset Writedown & Restructuring Costs	-	0.02	0.48	-	-
Stock-Based Compensation	1.92	1.71	1.68	-	-
Other Operating Activities	-10.28	-13.56	-9.65	-2.31	-0.08
Change in Accounts Receivable	-33.43	-29.99	-19.69	-20.55	2.58
Change in Inventory	18.93	-45.03	-17.55	-85.57	0.08
Change in Accounts Payable	18.26	16.32	13.61	-2.01	-6.75
Change in Other Net Operating Assets	-17.65	4.67	-7.68	-25.07	3.02
Operating Cash Flow	59.52	26.23	34.1	-52.43	83.4
Operating Cash Flow Growth	126.90%	-23.08%	-	-	31.27%
Capital Expenditures	-10.63	-17.17	-17.61	-3.26	-7.8
Sale of Property, Plant & Equipment	0.99	2.29	3.26	0.27	1.31
Cash Acquisitions	-30.08	-	-2.28	-0.85	-
Other Investing Activities	-0.7	-0.07	-0.01	-0.05	-
Investing Cash Flow	-40.42	-14.94	-16.65	-3.88	-6.49
Short-Term Debt Issued	33.64	57.71	49.76	111.34	2.06
Long-Term Debt Issued	0.32	0.03	6.79	5	-
Total Debt Issued	33.96	57.73	56.55	116.34	2.06
Long-Term Debt Repaid	-11.59	-12.46	-13.82	-5.96	-4.49
Total Debt Repaid	-11.59	-12.46	-13.82	-5.96	-4.49
Net Debt Issued (Repaid)	22.37	45.28	42.73	110.38	-2.43
Common Dividends Paid	-40	-57	-62	-55	-69
Financing Cash Flow	-17.63	-11.72	-19.27	55.38	-71.43
Foreign Exchange Rate Adjustments	-0.15	0.18	-0.03	-0.04	0
Net Cash Flow	1.32	-0.25	-1.85	-0.97	5.49
Free Cash Flow	48.9	9.07	16.5	-55.68	75.6
Free Cash Flow Growth	439.26%	-45.03%	-	-	28.37%
Free Cash Flow Margin	6.23%	1.20%	2.48%	-9.34%	13.77%
Free Cash Flow Per Share	39.03	7.17	13.18	-45.31	61.52
Cash Interest Paid	-	11.42	11.09	3.61	2.08
Cash Income Tax Paid	-	19.55	22.56	23.36	18.72
Levered Free Cash Flow	15.12	1.84	11.89	-66.36	62.78
Unlevered Free Cash Flow	26.61	9.67	19.01	-63.89	64.17
Change in Working Capital	-13.89	-54.04	-31.31	-133.2	-1.07

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