Libra 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	75.41	51.15	9.16	-3.81	3.27	3.3
Depreciation & Amortization	2.39	1.62	1.21	1.37	1.09	1.01
Other Amortization	2.46	2.46	2.1	1.38	1.51	1.08
Gain (Loss) on Sale of Investments	-64.01	-31	-4.31	1.54	-0.29	-0.15
Change in Accounts Receivable	-33.15	-33.15	-60.8	-43.46	-25.98	-16.94
Change in Other Net Operating Assets	-281.74	-243.43	-35.54	-20.2	20.38	1.76
Other Operating Activities	206.81	203.16	144.71	49.84	38.56	17.57
Operating Cash Flow	-109.18	-49.2	56.53	-13.35	38.53	7.64
Operating Cash Flow Growth	-	-	-	-	404.61%	-
Capital Expenditures	-0.32	-0.45	-0.17	-0.2	-0.47	-0.15
Purchase / Sale of Intangible Assets	-3.7	-3.67	-5.79	-3.87	-2.16	-2.18
Investing Cash Flow	-4.03	-4.11	-5.96	-4.07	-2.63	-2.33
Long-Term Debt Issued	-	30	20	-	-	-
Total Debt Repaid	-1.99	-1.55	-1.11	-0.99	-0.75	-0.67
Net Debt Issued (Repaid)	8.01	28.45	18.89	-0.99	-0.75	-0.67
Issuance of Common Stock	-	-	-	0.18	24.38	9.87
Common Dividends Paid	-20	-10	-	-	-	-
Financing Cash Flow	-11.99	18.45	18.89	-0.81	23.64	9.2
Net Cash Flow	-125.2	-34.87	69.46	-18.23	59.54	14.5
Free Cash Flow	-109.51	-49.65	56.36	-13.54	38.06	7.49
Free Cash Flow Growth	-	-	-	-	408.20%	-
Free Cash Flow Margin	-17.08%	-9.74%	18.77%	-7.99%	31.19%	11.15%
Free Cash Flow Per Share	-2.41	-1.10	1.25	-0.30	0.86	0.18
Cash Interest Paid	0.91	0.01	1.21	-	-	-
Cash Income Tax Paid	6.35	0.31	1.45	0.89	0.58	-
Levered Free Cash Flow	176.03	-92.24	51.15	-22.41	33.2	16.66
Unlevered Free Cash Flow	178.86	-90.04	52.3	-22.14	33.29	16.75
Change in Working Capital	-332.24	-276.58	-96.34	-63.67	-5.6	-15.18

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