TLV:HRON 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	72.23	83.78	67.99	108.04	127.55	59.28
Depreciation & Amortization	1.82	1.78	1.91	2.09	2.07	2.15
Loss (Gain) From Sale of Assets	-0.21	-0.11	-0.09	-0.14	-0.31	-0.01
Asset Writedown & Restructuring Costs	-34.21	-42.6	-33.7	-84.3	-101.85	-26.82
Loss (Gain) on Equity Investments	-0.23	-0.23	-0.1	-0	-0.97	-0.05
Other Operating Activities	5.57	13.15	11.77	19.98	25.97	6.9
Change in Accounts Receivable	2.89	-6.34	7.2	-0.1	4.71	4.65
Change in Inventory	2.9	-1.9	0.7	2.8	-5	-0.1
Change in Accounts Payable	-0.15	0.33	-0.17	-0.48	0.46	0.08
Change in Other Net Operating Assets	-1.27	-3.11	-0.39	8.11	-10.96	0.68
Operating Cash Flow	49.34	44.76	55.13	55.99	41.67	46.75
Operating Cash Flow Growth	0.56%	-18.82%	-1.53%	34.36%	-10.86%	-6.06%
Capital Expenditures	-0.81	-0.88	-0.34	-0.09	-2.59	-1.39
Sale of Property, Plant & Equipment	0.33	0.13	0.2	0.14	0.9	0.13
Sale (Purchase) of Real Estate	-39.75	-11.88	-	-	-1.45	-5.24
Investing Cash Flow	-40.23	-12.63	-0.14	0.05	-3.14	-6.5
Short-Term Debt Issued	-	-	10.46	-	-	-
Total Debt Issued	3.34	-	10.46	-	-	-
Short-Term Debt Repaid	-	-16.54	-	-40.02	-28.65	-36.34
Total Debt Repaid	2.14	-16.54	-	-40.02	-28.65	-36.34
Net Debt Issued (Repaid)	5.47	-16.54	10.46	-40.02	-28.65	-36.34
Repurchase of Common Stock	-	-0.84	-50	-	-	-
Common Dividends Paid	-14.83	-14.84	-15.38	-15.91	-9.94	-3.98
Financing Cash Flow	-9.35	-32.21	-54.91	-55.93	-38.59	-40.32
Net Cash Flow	-0.24	-0.08	0.08	0.12	-0.06	-0.06
Free Cash Flow	48.54	43.87	54.79	55.9	39.08	45.36
Free Cash Flow Growth	-0.05%	-19.93%	-1.99%	43.06%	-13.85%	16.22%
Free Cash Flow Margin	37.84%	34.77%	46.03%	41.65%	27.26%	36.70%
Free Cash Flow Per Share	130.90	118.32	147.63	140.58	98.27	114.06
Cash Interest Paid	3.41	3.02	4.91	2	1.61	2.23
Cash Income Tax Paid	17.03	11.36	11.22	9.46	9.6	9.96
Levered Free Cash Flow	43.09	22.14	46.18	46.15	35.36	36.43
Unlevered Free Cash Flow	45.35	24.07	49.22	47.34	36.37	37.81
Change in Working Capital	4.38	-11.02	7.35	10.33	-10.8	5.32

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