TLV:IBIU Cash Flow Statement

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	55.37	46.63	18.33	8.27	14.24	42.79
Depreciation & Amortization, Total	1.07	0.83	0.74	0.84	1.04	0.93
Gain (Loss) On Sale of Investments	-32.79	-29.05	-5.88	1.4	1.55	-0.16
Stock-Based Compensation	4.55	4.26	3.39	3.67	3.06	0.4
Change in Accounts Receivable	-5.62	1.28	-1.68	0.2	-0.78	1.29
Change in Other Net Operating Assets	19.78	0.27	2.7	6.94	-32.97	8.7
Other Operating Activities	9.79	7.09	1.96	8.29	-7.57	-6.14
Operating Cash Flow	54.56	33.26	19.56	29.61	-21.43	47.88
Capital Expenditures	-0.16	-0.13	-0.02	-0.03	-0.05	-0.07
Sale (Purchase) of Intangibles	-3.12	-1.81	-	-	-	-
Investment in Securities	13.6	-13.91	-29.34	-51.67	10.72	-9.14
Investing Cash Flow	17.48	-15.85	-29.35	-51.71	10.67	-9.21
Long-Term Debt Repaid	-	-0.84	-0.75	-0.84	-0.94	-0.89
Total Debt Repaid	-0.92	-0.84	-0.75	-0.84	-0.94	-0.89
Net Debt Issued (Repaid)	-0.92	-0.84	-0.75	-0.84	-0.94	-0.89
Issuance of Common Stock	-	-	-	46.39	0	0.01
Repurchase of Common Stock	-25	-25	-	-	-	-
Common Dividends Paid	-32.4	-39	-12	-6.5	-26.3	-47.4
Financing Cash Flow	-58.32	-64.84	-12.75	39.05	-27.24	-48.28
Net Cash Flow	13.72	-47.43	-22.54	16.95	-37.99	-9.61
Free Cash Flow	54.4	33.13	19.54	29.57	-21.48	47.81
Free Cash Flow Growth	1395.77%	69.51%	-33.92%	-	-	6.63%
Free Cash Flow Margin	43.61%	32.60%	45.84%	107.55%	-48.49%	45.54%
Free Cash Flow Per Share	1.72	1.06	0.63	1.11	-0.94	1.70
Cash Interest Paid	0.04	0.04	0.03	0.04	0.04	-
Cash Income Tax Paid	8.9	8.9	4.22	-5.71	12.42	21.69

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