Keystone Infra Cash Flow Statement

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Net Income	186.92	443.88	94.74	62.5	8.02	-1.32
Depreciation & Amortization	0.01	0.02	0.01	0.01	-	-
Loss (Gain) From Sale of Investments	-105.06	-406.77	-22.81	-49.9	-21.34	-
Stock-Based Compensation	2.79	-	6.9	6.79	4.86	-
Other Operating Activities	63.1	149.23	72.63	20.1	5.63	0.11
Change in Accounts Receivable	-13.45	22.51	-26.67	0.65	-2.18	-0.15
Change in Accounts Payable	1.25	1.19	3.04	-2.41	-0.09	0.1
Operating Cash Flow	135.56	210.05	127.83	37.73	-5.1	-1.27
Operating Cash Flow Growth	-36.77%	64.33%	238.77%	-	-	-
Capital Expenditures	-	-	-0	-0.04	-	-
Divestitures	-	-	-	153.61	-	-
Investment in Securities	-48.84	-79.55	-1,565	-495.26	-462.55	-
Other Investing Activities	3.21	-1.32	-2	-25.43	0.75	-6
Investing Cash Flow	-45.64	-80.88	-1,567	-367.11	-461.8	-6
Short-Term Debt Issued	-	225	500	468.75	170	-
Long-Term Debt Issued	-	18.08	182	464.4	-	-
Total Debt Issued	203.08	243.08	682	933.15	170	7.27
Short-Term Debt Repaid	-	-350	-	-598.75	-46.02	-
Long-Term Debt Repaid	-	-36.41	-	-	-	-
Total Debt Repaid	-403.91	-386.41	-	-598.75	-46.02	-
Net Debt Issued (Repaid)	-200.83	-143.33	682	334.4	123.98	7.27
Issuance of Common Stock	176.24	-	403	510.65	362.38	-
Common Dividends Paid	-69	-45	-40	-	-	-
Other Financing Activities	-3.13	-0.06	-2.33	1.61	-	-
Financing Cash Flow	-96.73	-188.39	1,043	846.66	486.36	7.27
Net Cash Flow	-6.8	-59.21	-396.63	517.29	19.46	-
Free Cash Flow	135.56	210.05	127.83	37.7	-5.1	-1.27
Free Cash Flow Growth	-36.77%	64.33%	239.09%	-	-	-
Free Cash Flow Margin	42.25%	31.86%	57.81%	35.66%	-23.28%	-
Free Cash Flow Per Share	0.81	1.38	1.04	0.69	-0.39	-
Cash Interest Paid	22.96	27.26	16.94	5.44	0.4	-
Levered Free Cash Flow	124.4	407.72	85.76	72.98	6.94	-
Unlevered Free Cash Flow	142.11	429.96	96.99	76.26	7.34	-
Change in Net Working Capital	32.18	-41.48	30.35	-12.42	7.46	-

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