Mediterranean Towers 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	2015 - 2019
Period Ending	Mar '25 Mar 31, 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	2015 - 2019
Net Income	237.2	267.11	220.58	120.92	296.67	-12.74	Upgrade
Depreciation & Amortization	5.06	5.09	1.16	15.25	1.98	1.81	Upgrade
Asset Writedown & Restructuring Costs	-381.7	-403.62	-367.34	-313.23	-501.9	9.27	Upgrade
Loss (Gain) From Sale of Investments	0.67	0.02	-0.11	13.29	-1.82	-5.58	Upgrade
Stock-Based Compensation	8.12	6.36	0.3	0.55	0.67	0.92	Upgrade
Other Operating Activities	126.43	127.05	125.82	128.2	167.39	-13.05	Upgrade
Change in Accounts Receivable	-2.19	-5.86	-0.84	-2.64	-1.06	-0.35	Upgrade
Change in Accounts Payable	-3.07	-0.79	-10.29	4.27	5.04	-4.15	Upgrade
Change in Other Net Operating Assets	189.11	95.41	37.52	145.91	210.27	66.64	Upgrade
Operating Cash Flow	179.63	90.76	6.8	112.52	177.24	42.77	Upgrade
Operating Cash Flow Growth	539.94%	1234.36%	-93.95%	-36.51%	314.37%	-73.64%	Upgrade
Capital Expenditures	-0.12	-0.13	-0.41	-0.85	-0.7	-1.35	Upgrade
Investment in Securities	-	-	66	-70.25	-0.06	-1.11	Upgrade
Other Investing Activities	48.7	89.17	-127.46	22.77	4.78	14.55	Upgrade
Investing Cash Flow	-80.88	-56.41	-207.88	-270.83	-49.6	-38.02	Upgrade
Long-Term Debt Issued	-	58	448.48	-	-	359.06	Upgrade
Total Debt Issued	235.47	58	448.48	-	-	359.06	Upgrade
Long-Term Debt Repaid	-	-0.56	-144.16	-2.07	-1.98	-104.39	Upgrade
Total Debt Repaid	-300	-0.56	-144.16	-2.07	-1.98	-104.39	Upgrade
Net Debt Issued (Repaid)	-64.53	57.44	304.33	-2.07	-1.98	254.67	Upgrade
Common Dividends Paid	-80	-80	-60	-80	-80	-	Upgrade
Other Financing Activities	-28.71	-24.7	-24.68	-24.83	-24.24	-26.16	Upgrade
Financing Cash Flow	-173.24	-47.26	219.65	-106.9	-106.22	228.51	Upgrade
Net Cash Flow	-74.49	-12.9	18.57	-265.21	21.42	233.26	Upgrade
Free Cash Flow	179.51	90.63	6.39	111.67	176.54	41.42	Upgrade
Free Cash Flow Growth	548.92%	1318.07%	-94.28%	-36.74%	326.18%	-74.33%	Upgrade
Free Cash Flow Margin	69.79%	35.94%	2.65%	47.66%	82.84%	20.05%	Upgrade
Free Cash Flow Per Share	1.18	0.60	0.04	0.74	1.17	0.28	Upgrade
Cash Interest Paid	28.71	24.7	24.68	20.63	20.68	20.38	Upgrade
Cash Income Tax Paid	0.21	0.16	0.16	0.19	0.13	0.19	Upgrade
Levered Free Cash Flow	302.96	193.39	-33.47	89.86	339.25	-180.48	Upgrade
Unlevered Free Cash Flow	322.25	210.04	-19	104.06	354.28	-166.31	Upgrade
Change in Net Working Capital	-272.43	-158.84	48.97	-82.16	-342.86	182.29	Upgrade

Updated Nov 28, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.