TLV:MNIN 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
Period Ending	Sep '25 Sep 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
Net Income	43.01	47.93	37.44	74.99	31.31	25.17
Depreciation & Amortization	31.5	31.83	29.67	30.05	25.52	24.8
Loss (Gain) From Sale of Assets	-0.77	-0.08	-0.36	-1.21	-0.08	0.34
Stock-Based Compensation	0.3	0.46	0.79	0.68	-	-
Other Operating Activities	19.1	24.23	20.28	-24.15	-10.33	21.13
Change in Accounts Receivable	26.96	-2.07	60.94	-10.98	-51	-9.76
Change in Inventory	4.15	-19.77	32.95	-36.34	-68.38	2.84
Change in Accounts Payable	-17.96	41.16	-41.55	12.7	1.15	-7.17
Change in Other Net Operating Assets	2.35	7.65	-1.56	15.66	-6.01	7.37
Operating Cash Flow	108.65	131.34	138.61	61.39	-77.81	64.72
Operating Cash Flow Growth	-20.59%	-5.25%	125.77%	-	-	-6.29%
Capital Expenditures	-5.67	-3.73	-8.34	-6.19	-9.99	-3.85
Sale of Property, Plant & Equipment	1.55	0.3	0.5	1.33	0.39	0.61
Cash Acquisitions	-	-	-	-68	-	-
Sale (Purchase) of Intangibles	-	-0	-0.01	-	-5.89	-0.11
Other Investing Activities	3.43	2.47	2.35	1.77	1.36	1.5
Investing Cash Flow	-0.7	-0.96	-5.51	-71.09	-14.13	-1.86
Short-Term Debt Issued	-	-	-	91.4	24.7	-
Long-Term Debt Issued	-	-	-	-	120	12
Total Debt Issued	-	-	-	91.4	144.7	12
Short-Term Debt Repaid	-	-44.45	-44.5	-	-	-32.14
Long-Term Debt Repaid	-	-49.6	-47.32	-54.74	-29.44	-28.86
Total Debt Repaid	-89.66	-94.05	-91.82	-54.74	-29.44	-60.99
Net Debt Issued (Repaid)	-89.66	-94.05	-91.82	36.67	115.27	-48.99
Common Dividends Paid	-24	-13	-26	-11	-4.8	-4
Other Financing Activities	-14.01	-15.7	-18.82	-15.26	-10.03	-7.44
Financing Cash Flow	-127.67	-122.75	-136.64	10.41	100.43	-60.43
Net Cash Flow	-19.72	7.62	-3.54	0.71	8.5	2.43
Free Cash Flow	102.98	127.61	130.27	55.2	-87.79	60.87
Free Cash Flow Growth	-22.33%	-2.04%	135.98%	-	-	5.93%
Free Cash Flow Margin	9.81%	12.46%	12.30%	4.95%	-9.69%	7.31%
Free Cash Flow Per Share	2.58	3.22	3.31	1.40	-2.21	1.55
Cash Interest Paid	11.68	12.97	16.98	12.97	8.03	6.03
Cash Income Tax Paid	13.61	10.14	16.7	31.03	52.23	6.78
Levered Free Cash Flow	83.5	103.4	112.6	-54.16	-102.79	50.4
Unlevered Free Cash Flow	91.48	111.44	122.2	-46.04	-96.31	54.93
Change in Working Capital	15.51	26.96	50.78	-18.96	-124.23	-6.72

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.