Michman Finance 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	2018 - 2017
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	2018 - 2017
Net Income	35.53	43.82	27.62	18.72	-2.05	7.56	Upgrade
Depreciation & Amortization	1.45	1.19	1.21	0.39	0.44	0.34	Upgrade
Loss (Gain) From Sale of Investments	-6.88	-0.96	13.76	-11.36	-	-	Upgrade
Stock-Based Compensation	0.41	0.42	0.29	0.92	4.4	-	Upgrade
Change in Other Net Operating Assets	-119.7	33.55	-280.49	-119.12	-1.21	-3.68	Upgrade
Other Operating Activities	6.61	1.15	0.38	1.56	0.16	-4.28	Upgrade
Operating Cash Flow	-82.57	79.17	-237.22	-108.89	1.74	-0.06	Upgrade
Capital Expenditures	-0.05	-0.34	-1.49	-0.15	-0.21	-0.11	Upgrade
Sale (Purchase) of Intangibles	-0.55	-0.93	-0.94	-	-	-	Upgrade
Investment in Securities	2.91	-0.14	-	-0.51	-	-0.6	Upgrade
Investing Cash Flow	2.43	-1.41	-2.44	-0.66	-0.21	-0.71	Upgrade
Long-Term Debt Issued	-	-	272.49	118.57	0.1	3.07	Upgrade
Long-Term Debt Repaid	-	-58.62	-49.85	-16.95	-2.01	-2.85	Upgrade
Net Debt Issued (Repaid)	79.99	-58.62	222.64	101.61	-1.91	0.22	Upgrade
Issuance of Common Stock	5	-	20	23.43	-	-	Upgrade
Repurchase of Common Stock	-5.79	-6.17	-	-	-	-	Upgrade
Common Dividends Paid	-	-6.5	-	-	-	-	Upgrade
Financing Cash Flow	96.84	-71.29	242.64	125.04	-1.91	0.22	Upgrade
Net Cash Flow	16.69	6.48	2.99	15.49	-0.38	-0.55	Upgrade
Free Cash Flow	-82.63	78.83	-238.71	-109.04	1.53	-0.17	Upgrade
Free Cash Flow Margin	-109.09%	83.31%	-297.78%	-346.75%	13.45%	-1.77%	Upgrade
Free Cash Flow Per Share	-52.39	48.88	-129.39	-67.80	1.53	-0.17	Upgrade
Cash Interest Paid	38.64	31.11	22.24	8.15	6.27	3.8	Upgrade
Cash Income Tax Paid	5.5	3.42	2.57	0.47	0.32	0.49	Upgrade

Source: S&P Capital IQ. Financial Services template. Financial Sources.