Menivim - The New Reit Ltd (TLV:MNRT)

Menivim - The New Reit Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	177.06	123	148	143.98	158.76	2.28
Asset Writedown	-58.49	-19.05	-57.04	-93.32	-98.63	55.98
Stock-Based Compensation	0.81	0.4	-	1.44	-	4.51
Income (Loss) on Equity Investments	-	-	-	-	-	13.88
Change in Accounts Receivable	6.41	2.93	-1.6	-2.17	-3.32	-0.39
Change in Accounts Payable	-	-	-	-	0.52	-0.74
Change in Other Net Operating Assets	-8.76	-5.78	8.41	-0.02	4.75	0.89
Other Operating Activities	83.11	86.12	64.66	74.38	31.83	11.32
Operating Cash Flow	200.14	187.63	162.43	124.29	93.91	87.72
Operating Cash Flow Growth	6.10%	15.51%	30.69%	32.35%	7.05%	115.31%
Acquisition of Real Estate Assets	-245.62	-344.36	-223.17	-504.95	-147.63	-730.64
Sale of Real Estate Assets	-	13.51	-	-	-	-
Net Sale / Acq. of Real Estate Assets	-245.62	-330.85	-223.17	-504.95	-147.63	-730.64
Cash Acquisition	-	-	-	-	-	-9.86
Investment in Marketable & Equity Securities	-	-	-	-	-	-189.5
Other Investing Activities	8.69	12.01	8.41	1.68	0.29	9.54
Investing Cash Flow	-236.93	-318.84	-214.76	-503.27	-147.34	-920.47
Long-Term Debt Issued	-	179.35	453.64	261.96	343.1	398.15
Long-Term Debt Repaid	-	-96.61	-256.72	-40.69	-69.96	-31.4
Net Debt Issued (Repaid)	13.37	82.74	196.92	221.26	273.14	366.76
Issuance of Common Stock	34.71	127.7	5.84	141.87	-	363.36
Repurchase of Common Stock	-5.93	-13.53	-12.69	-	-	-
Common Dividends Paid	-95.92	-89.46	-79.53	-86	-57	-32
Other Financing Activities	-38.42	-37.91	-33.57	-24.49	-20.11	-17.92
Net Cash Flow	-128.98	-61.67	24.65	-126.34	142.6	-152.54
Cash Interest Paid	38.42	37.91	33.57	24.49	20.11	17.92
Levered Free Cash Flow	99.82	87.73	74.43	53.3	41.85	24.21
Unlevered Free Cash Flow	120.3	111.6	91.28	63.71	51.16	32.45
Change in Working Capital	-2.35	-2.85	6.81	-2.19	1.95	-0.25

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