Bank Leumi le-Israel B.M. 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	10,262	9,798	7,027	7,709	6,028
Depreciation & Amortization	142	141	675	598	694
Other Amortization	398	472	-	-	-
Gain (Loss) on Sale of Assets	-5	-852	-22	-52	-119
Gain (Loss) on Sale of Investments	-202	-54	-22	-821	-1,027
Total Asset Writedown	8	-	-	-	-
Provision for Credit Losses	450	713	2,383	498	-812
Change in Trading Asset Securities	5,192	4,319	-12,099	-11,969	1,224
Change in Other Net Operating Assets	-5,659	1,804	3,346	10,652	-2,481
Other Operating Activities	1,103	-1,977	-2,531	-188	1,577
Operating Cash Flow	11,370	15,039	-133	6,092	5,198
Operating Cash Flow Growth	-24.40%	-	-	17.20%	-6.46%
Capital Expenditures	-904	-737	-833	-765	-543
Sale of Property, Plant and Equipment	20	1,028	41	112	179
Investment in Securities	-24,314	27,999	-59,855	-9,775	4,673
Income (Loss) Equity Investments	-323	672	1,103	-282	114
Divestitures	-	-	-	-904	-
Net Decrease (Increase) in Loans Originated / Sold - Investing	-64,272	-36,615	-37,602	-61,647	-47,571
Other Investing Activities	3	4	17	91	-9
Investing Cash Flow	-89,467	-8,321	-98,232	-72,888	-43,271
Short-Term Debt Issued	10,128	-	9,824	-	-
Long-Term Debt Issued	17,909	7,668	10,758	13,100	3,935
Total Debt Issued	28,037	7,668	20,582	13,100	3,935
Short-Term Debt Repaid	-	-2,090	-	-	-
Long-Term Debt Repaid	-5,465	-8,008	-6,874	-61	-3,096
Total Debt Repaid	-5,465	-10,098	-6,874	-61	-3,096
Net Debt Issued (Repaid)	22,572	-2,430	13,708	13,039	839
Issuance of Common Stock	-	-	-	2,736	-
Repurchase of Common Stock	-1,232	-682	-600	-	-
Common Dividends Paid	-3,924	-2,569	-2,081	-1,665	-1,997
Net Increase (Decrease) in Deposit Accounts	68,728	50,485	10,529	41,507	101,397
Other Financing Activities	-4,920	-2,733	-1,530	-3,149	-
Financing Cash Flow	81,224	42,071	20,026	52,468	100,239
Foreign Exchange Rate Adjustments	-2,649	-619	173	740	-557
Net Cash Flow	478	48,170	-78,166	-13,588	61,609
Free Cash Flow	10,466	14,302	-966	5,327	4,655
Free Cash Flow Growth	-26.82%	-	-	14.44%	-6.21%
Free Cash Flow Margin	47.08%	63.86%	-5.14%	30.04%	27.93%
Free Cash Flow Per Share	6.99	9.43	-0.63	3.55	3.20
Cash Interest Paid	20,530	20,779	14,078	3,462	1,414
Cash Income Tax Paid	7,411	5,083	4,281	2,308	2,955

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