Multi Retail Group 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	7.17	11.41	-44.67	-6.83	30.77	32.94
Depreciation & Amortization	97.76	97.02	99.39	86.42	68.64	58.51
Loss (Gain) From Sale of Assets	-0.63	-	-	-0.02	-0.4	-0.11
Asset Writedown & Restructuring Costs	-	2.72	27.41	-	-	-
Loss (Gain) From Sale of Investments	-	-	0.45	-	-	-
Stock-Based Compensation	0.56	0.36	0.32	0.76	0.87	0.36
Other Operating Activities	-0.52	0.93	-13.41	-1.01	2.67	2.84
Change in Accounts Receivable	-2.34	0.62	-11.56	-9.45	17.77	-16.82
Change in Inventory	38.22	-36.57	25.18	47.48	-67.63	2.4
Change in Accounts Payable	-19.18	19.39	-15.41	-7.27	6.59	44.55
Change in Other Net Operating Assets	1.41	-4.16	10.02	-1.7	0.93	19.47
Operating Cash Flow	122.44	91.71	77.72	108.37	60.2	144.14
Operating Cash Flow Growth	33.54%	18.00%	-28.28%	80.00%	-58.23%	146.09%
Capital Expenditures	-6.72	-4.45	-10.93	-6.76	-8.18	-12.36
Sale of Property, Plant & Equipment	-	-	-	0.23	0.23	0.02
Cash Acquisitions	-	-	-8.19	-98.96	-	-
Investment in Securities	-	-	-	-	-	-0.45
Investing Cash Flow	-6.72	-4.45	-19.12	-105.49	-7.95	-12.79
Short-Term Debt Issued	-	-	-	-	-	31.5
Long-Term Debt Issued	-	-	-	80	-	65
Total Debt Issued	-5.21	-	-	80	-	96.5
Short-Term Debt Repaid	-	-	-	-	-	-31.5
Long-Term Debt Repaid	-	-88.19	-99.11	-97.74	-108.67	-109.95
Total Debt Repaid	-91.43	-88.19	-99.11	-97.74	-108.67	-141.45
Net Debt Issued (Repaid)	-96.63	-88.19	-99.11	-17.74	-108.67	-44.95
Issuance of Common Stock	-	-	22.81	-	49.19	-
Repurchase of Common Stock	-	-	-6.18	-8.76	-0.8	-
Common Dividends Paid	-	-	-	-	-38.77	-
Other Financing Activities	-	-	-10	-	-	-
Financing Cash Flow	-96.63	-88.19	-92.48	-26.5	-99.06	-44.95
Net Cash Flow	19.09	-0.93	-33.88	-23.62	-46.8	86.4
Free Cash Flow	115.72	87.27	66.79	101.61	52.03	131.77
Free Cash Flow Growth	31.54%	30.65%	-34.26%	95.30%	-60.52%	224.18%
Free Cash Flow Margin	15.20%	11.10%	8.96%	13.62%	7.27%	19.62%
Free Cash Flow Per Share	4.38	3.31	2.75	4.35	2.22	6.30
Cash Interest Paid	25.52	25.89	28.04	19.36	12.51	12.86
Cash Income Tax Paid	0.12	0.2	0.48	3.38	7.95	6.54
Levered Free Cash Flow	115.38	82.17	62.68	109.4	44.04	124.11
Unlevered Free Cash Flow	129.19	96.04	77.81	120.75	51.71	132.47
Change in Working Capital	18.11	-20.73	8.23	29.05	-42.34	49.6

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