TLV:HGG Cash Flow Statement

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	139.91	83.65	196.95	96.91	89.71	55.47
Depreciation & Amortization	6.19	6.06	6.07	5.54	5.02	2.36
Asset Writedown & Restructuring Costs	-53.35	-6.16	-197.54	-90.39	-20.8	-3.54
Loss (Gain) on Equity Investments	4.94	5.53	7.17	3.15	-44.12	0.36
Stock-Based Compensation	-0.16	-0.59	1.92	0.33	-	-
Provision & Write-off of Bad Debts	-	6.32	-	-	-	-
Other Operating Activities	-93.4	-28.57	124.79	52.98	-8.22	7.29
Change in Accounts Receivable	80.08	-91.29	-244.1	-101.02	10.72	-47.37
Change in Inventory	-919.49	-0.05	-44.51	-512.46	-601.71	-171.07
Change in Accounts Payable	0.41	-0.68	-0.1	-0.83	3.66	-1.67
Change in Income Taxes	-9.17	-0.92	47.61	-17.71	14.94	4.94
Change in Other Net Operating Assets	102.21	86.71	-212.51	247.9	-37.17	4.06
Operating Cash Flow	-741.84	60	-314.25	-315.62	-587.97	-149.17
Capital Expenditures	-7.5	-5.94	-3.93	-66.06	-2.17	-12.99
Sale (Purchase) of Real Estate	-28.75	-28.12	-178.45	-43.47	111.55	-8.27
Investment in Securities	-175.96	-154.73	-	-	-	-
Other Investing Activities	-58.77	-60.7	-26.12	31.15	-103.58	-16.5
Investing Cash Flow	-319.96	-266.95	-208.49	-78.38	5.8	-37.76
Short-Term Debt Issued	-	-	-	6.06	101.06	-
Long-Term Debt Issued	-	559.8	685.83	794.83	843.92	527.51
Total Debt Issued	2,325	559.8	685.83	800.89	944.98	527.51
Short-Term Debt Repaid	-	-	-26.45	-	-	-
Long-Term Debt Repaid	-	-408.38	-306.27	-289.22	-337.87	-332.51
Total Debt Repaid	-1,245	-408.38	-332.72	-289.22	-337.87	-332.51
Net Debt Issued (Repaid)	1,080	151.42	353.11	511.67	607.11	194.99
Issuance of Common Stock	2.4	51.47	-	126.01	-	2.73
Repurchase of Common Stock	-0.57	-	-26.19	-14.51	-	-4.5
Common Dividends Paid	-	-	-	-	-21.3	-
Other Financing Activities	21.16	-	-	4.64	-	-
Financing Cash Flow	1,103	202.9	326.92	627.82	585.81	193.22
Net Cash Flow	41.68	-4.06	-195.82	233.82	3.65	6.29
Free Cash Flow	-749.34	54.06	-318.17	-381.68	-590.14	-162.17
Free Cash Flow Margin	-191.15%	12.94%	-55.15%	-131.37%	-270.53%	-77.03%
Free Cash Flow Per Share	-11.65	0.86	-5.16	-6.23	-10.03	-3.13
Cash Interest Paid	152.62	115.3	105.28	43.72	39.19	25.85
Cash Income Tax Paid	50.55	4.1	11.14	39.8	19.57	11.51
Levered Free Cash Flow	97.22	-22.21	-502.26	-171.25	-667.64	-195.77
Unlevered Free Cash Flow	140.44	9.78	-484.13	-151.19	-653.27	-185.6
Change in Working Capital	-745.97	-6.24	-453.61	-384.13	-609.57	-211.12

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.