I.D.I. Insurance Company 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	312.42	257.08	139.21	84.44	201.2	207.32
Depreciation & Amortization	25.46	21.13	22.59	76.31	67.77	62.24
Other Amortization	65.29	65.29	62.41	-	-	-
Gain (Loss) on Sale of Assets	-0.62	-0.9	-0.33	-0.13	0.35	0.87
Gain (Loss) on Sale of Investments	-254.44	-216.6	-128.12	-67.65	-147.36	-48.83
Stock-Based Compensation	2.77	0.45	0.68	2.3	2.35	0.1
Change in Accounts Receivable	-117.8	-117.8	-133.45	-63.91	30.57	68.15
Reinsurance Recoverable	90.24	120.38	129.57	176.93	-162.63	-290.85
Change in Income Taxes	176.12	135.32	63.95	28.37	99.93	106.95
Change in Insurance Reserves / Liabilities	569.61	524.94	203.81	8.6	157.83	38.36
Change in Other Net Operating Assets	-854.98	-757.6	-170.35	-326.99	182.28	5.54
Other Operating Activities	46.55	135.63	30.73	-20.32	45.31	-24.77
Operating Cash Flow	36	143.42	193.65	-130.23	456.43	129.51
Operating Cash Flow Growth	-84.38%	-25.94%	-	-	252.44%	-3.38%
Capital Expenditures	-18.22	-14.16	-9.76	-7.07	-11.16	-9.92
Sale of Property, Plant & Equipment	3.73	3.27	2.39	2.54	1.93	2.26
Purchase / Sale of Intangible Assets	-88.75	-81.06	-87.97	-74.48	-72.95	-66.2
Cash Acquisitions	-	-	-2.32	-	-	-
Investment in Securities	-	-	-	-	-16.39	-
Investing Cash Flow	-103.24	-91.94	-97.65	-79.02	-98.57	-73.87
Long-Term Debt Issued	-	-	-	-	162.79	99.14
Total Debt Repaid	-11.94	-14.02	-13.06	-184.47	-14.34	-132.42
Net Debt Issued (Repaid)	510.76	-14.02	-13.06	-184.47	148.46	-33.28
Issuance of Common Stock	0.06	0.04	0.01	-	-	-
Common Dividends Paid	-223	-198.01	-80	-60	-160	-40
Financing Cash Flow	287.82	-211.99	-93.05	-244.47	-11.54	-73.28
Foreign Exchange Rate Adjustments	-0.06	1.1	1.73	0.96	-0.35	-2.87
Net Cash Flow	220.52	-159.42	4.67	-452.76	345.96	-20.51
Free Cash Flow	17.78	129.26	183.89	-137.31	445.26	119.58
Free Cash Flow Growth	-91.81%	-29.71%	-	-	272.35%	2.04%
Free Cash Flow Margin	0.48%	3.69%	6.74%	-6.34%	21.02%	5.63%
Free Cash Flow Per Share	1.20	8.78	12.53	-9.35	30.29	8.15
Cash Interest Paid	17.14	14.85	14.94	22.33	19.46	23.19
Cash Income Tax Paid	95.72	-25.45	43.55	96.98	48.48	92.23
Levered Free Cash Flow	351.51	-47.78	80.21	-181.37	141.8	19
Unlevered Free Cash Flow	351.51	-35.82	92.12	-167.34	155.65	34.53
Change in Working Capital	-161.43	-118.66	66.49	-206.76	286.81	-67.43

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