Michman Finance Cash Flow Statement

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2017 - 2019
Period Ending	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	2017 - 2019
Net Income	35.47	43.82	27.62	18.72	-2.05	Upgrade
Depreciation & Amortization	1.39	1.19	1.21	0.39	0.44	Upgrade
Loss (Gain) From Sale of Investments	-7.67	-0.96	13.76	-11.36	-	Upgrade
Stock-Based Compensation	0.39	0.42	0.29	0.92	4.4	Upgrade
Change in Other Net Operating Assets	-261.83	33.55	-280.49	-119.12	-1.21	Upgrade
Other Operating Activities	2.94	1.15	0.38	1.56	0.16	Upgrade
Operating Cash Flow	-229.26	79.17	-237.22	-108.89	1.74	Upgrade
Capital Expenditures	-0.04	-0.34	-1.49	-0.15	-0.21	Upgrade
Sale of Property, Plant & Equipment	0.11	-	-	-	-	Upgrade
Sale (Purchase) of Intangibles	-0.37	-0.93	-0.94	-	-	Upgrade
Investment in Securities	14.16	-0.14	-	-0.51	-	Upgrade
Investing Cash Flow	13.85	-1.41	-2.44	-0.66	-0.21	Upgrade
Long-Term Debt Issued	-	-	272.49	118.57	0.1	Upgrade
Long-Term Debt Repaid	-124.95	-58.62	-49.85	-16.95	-2.01	Upgrade
Net Debt Issued (Repaid)	-124.95	-58.62	222.64	101.61	-1.91	Upgrade
Issuance of Common Stock	341.91	-	20	23.43	-	Upgrade
Repurchase of Common Stock	-3.61	-6.17	-	-	-	Upgrade
Common Dividends Paid	-	-6.5	-	-	-	Upgrade
Other Financing Activities	0.11	-	-	-	-	Upgrade
Financing Cash Flow	213.45	-71.29	242.64	125.04	-1.91	Upgrade
Net Cash Flow	-1.96	6.48	2.99	15.49	-0.38	Upgrade
Free Cash Flow	-229.31	78.83	-238.71	-109.04	1.53	Upgrade
Free Cash Flow Margin	-362.70%	83.31%	-297.78%	-346.75%	13.45%	Upgrade
Free Cash Flow Per Share	-143.45	48.88	-129.39	-67.80	1.53	Upgrade
Cash Interest Paid	-	31.11	22.24	8.15	6.27	Upgrade
Cash Income Tax Paid	-	3.42	2.57	0.47	0.32	Upgrade

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