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	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	356.95	302.66	139.21	84.44	201.2
Depreciation & Amortization	22.02	21.13	22.59	76.31	67.77
Other Amortization	71.38	65.29	62.41	-	-
Gain (Loss) on Sale of Assets	-0.53	-0.9	-0.33	-0.13	0.35
Gain (Loss) on Sale of Investments	-248.66	-216.6	-128.12	-67.65	-147.36
Stock-Based Compensation	3.45	0.45	0.68	2.3	2.35
Change in Accounts Receivable	211.48	354.07	-133.45	-63.91	30.57
Reinsurance Recoverable	82.36	43.26	129.57	176.93	-162.63
Change in Income Taxes	204.03	160.68	63.95	28.37	99.93
Change in Insurance Reserves / Liabilities	79.56	14.95	203.81	8.6	157.83
Change in Other Net Operating Assets	-476.48	-726.38	-170.35	-326.99	182.28
Other Operating Activities	20.7	124.8	30.73	-20.32	45.31
Operating Cash Flow	328.51	143.42	193.65	-130.23	456.43
Operating Cash Flow Growth	129.06%	-25.94%	-	-	252.44%
Capital Expenditures	-23.46	-14.16	-9.76	-7.07	-11.16
Sale of Property, Plant & Equipment	3.44	3.27	2.39	2.54	1.93
Purchase / Sale of Intangible Assets	-90.86	-81.06	-87.97	-74.48	-72.95
Cash Acquisitions	-	-	-2.32	-	-
Investment in Securities	-	-	-	-	-16.39
Investing Cash Flow	-110.89	-91.94	-97.65	-79.02	-98.57
Long-Term Debt Issued	522.7	-	-	-	162.79
Total Debt Repaid	-11.33	-14.02	-13.06	-184.47	-14.34
Net Debt Issued (Repaid)	511.37	-14.02	-13.06	-184.47	148.46
Issuance of Common Stock	0.06	0.04	0.01	-	-
Common Dividends Paid	-235	-198.01	-80	-60	-160
Other Financing Activities	-315.59	-	-	-	-
Financing Cash Flow	-39.16	-211.99	-93.05	-244.47	-11.54
Foreign Exchange Rate Adjustments	0.11	1.1	1.73	0.96	-0.35
Net Cash Flow	178.57	-159.42	4.67	-452.76	345.96
Free Cash Flow	305.05	129.26	183.89	-137.31	445.26
Free Cash Flow Growth	136.00%	-29.71%	-	-	272.35%
Free Cash Flow Margin	8.21%	3.77%	6.74%	-6.34%	21.02%
Free Cash Flow Per Share	20.62	8.78	12.53	-9.35	30.29
Cash Interest Paid	23.7	14.85	14.94	22.33	19.46
Cash Income Tax Paid	103.92	-14.63	43.55	96.98	48.48
Levered Free Cash Flow	-445.83	-3,398	80.21	-181.37	141.8
Unlevered Free Cash Flow	-427.68	-3,389	92.12	-167.34	155.65
Change in Working Capital	100.95	-153.42	66.49	-206.76	286.81

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.