TLV:MLRN 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	2016 - 2019
Period Ending	Jun '25 Jun 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	2016 - 2019
Net Income	45.56	37.03	28.62	43.55	29.8	17.3	Upgrade
Depreciation & Amortization	3.62	3.61	4.28	4.05	1.18	1.04	Upgrade
Loss (Gain) From Sale of Investments	-	-	-	0.23	0.45	-0.65	Upgrade
Asset Writedown & Restructuring Costs	-	-	43.08	23.61	-	-	Upgrade
Stock-Based Compensation	0.96	1.04	-0.5	3.02	0.55	0.17	Upgrade
Change in Other Net Operating Assets	-129.55	-93.82	229.51	-218	-345.55	-183.04	Upgrade
Other Operating Activities	8.68	7.17	-71.24	-7.79	4.49	68.02	Upgrade
Operating Cash Flow	-70.73	-44.97	246.92	-151.33	-309.07	-97.16	Upgrade
Capital Expenditures	-0.21	-0.3	-1.49	-2.31	-0.95	-1.3	Upgrade
Sale of Property, Plant & Equipment	-	-	-	0.07	0.09	-	Upgrade
Cash Acquisitions	-	-	-	-	-29.91	-	Upgrade
Sale (Purchase) of Intangibles	-1.31	-0.86	-0.83	-0.23	-1	-1.64	Upgrade
Other Investing Activities	-	-	-11.4	-	4	-4	Upgrade
Investing Cash Flow	-1.52	-1.16	-13.72	-2.47	-27.76	-6.95	Upgrade
Long-Term Debt Issued	-	196.67	-	193.71	395.19	102.3	Upgrade
Total Debt Issued	268.36	196.67	-	193.71	395.19	102.3	Upgrade
Long-Term Debt Repaid	-	-161.52	-216.68	-87.24	-82.3	-29.75	Upgrade
Total Debt Repaid	-162.04	-161.52	-216.68	-87.24	-82.3	-29.75	Upgrade
Net Debt Issued (Repaid)	106.32	35.15	-216.68	106.47	312.9	72.56	Upgrade
Issuance of Common Stock	-	-	-	29.53	43.44	37.38	Upgrade
Common Dividends Paid	-18.81	-5.4	-6	-17	-11.63	-4	Upgrade
Other Financing Activities	-	-	-	-	2.57	-1.99	Upgrade
Financing Cash Flow	87.51	29.75	-222.68	119	347.28	103.94	Upgrade
Foreign Exchange Rate Adjustments	-	-	0.11	0.09	-	-	Upgrade
Net Cash Flow	15.27	-16.38	10.64	-34.7	10.44	-283.76	Upgrade
Free Cash Flow	-70.94	-45.27	245.43	-153.63	-310.02	-98.47	Upgrade
Free Cash Flow Margin	-72.32%	-52.17%	281.44%	-163.97%	-504.30%	-266.84%	Upgrade
Free Cash Flow Per Share	-2.23	-1.45	8.09	-5.15	-12.36	-4.70	Upgrade
Cash Interest Paid	33.44	27.27	50.17	28.11	17.77	15.38	Upgrade
Cash Income Tax Paid	12.72	11.7	13.46	21.83	6.02	2.98	Upgrade

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