Mizrahi Tefahot Bank Ltd. (TLV:MZTF)

Mizrahi Tefahot Bank 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	5,532	5,455	4,910	4,472	3,188	1,610
Depreciation & Amortization	78	74	78	332	339	283
Other Amortization	211	211	333	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-241	-18	-41
Gain (Loss) on Sale of Investments	-120	-86	122	42	-173	-184
Provision for Credit Losses	308	519	1,463	532	-278	1,050
Change in Trading Asset Securities	-1,558	1,290	-1,320	-2,266	1,673	-413
Change in Other Net Operating Assets	2,875	-3,056	395	1,427	-2,318	2,483
Other Operating Activities	15,595	9,939	-2,505	-431	1,667	253
Operating Cash Flow	22,969	14,380	3,532	3,899	4,131	5,063
Operating Cash Flow Growth	397.16%	307.13%	-9.41%	-5.62%	-18.41%	78.09%
Capital Expenditures	-524	-606	-438	-391	-336	-288
Sale of Property, Plant and Equipment	-	-	-	532	35	73
Cash Acquisitions	-	-	-	-	-	10,280
Investment in Securities	-24,954	-13,846	-1,372	1,913	677	2,335
Income (Loss) Equity Investments	-14	-16	-1	-5	10	-1
Net Decrease (Increase) in Loans Originated / Sold - Investing	-37,612	-28,901	-18,647	-36,450	-25,495	-16,688
Investing Cash Flow	-63,090	-43,353	-20,457	-34,396	-25,119	-4,288
Long-Term Debt Issued	-	8,111	7,706	5,038	7,304	2,010
Long-Term Debt Repaid	-	-9,076	-4,411	-10,258	-2,741	-5,666
Net Debt Issued (Repaid)	4,664	-965	3,295	-5,220	4,563	-3,656
Common Dividends Paid	-2,335	-1,869	-1,390	-941	-1,236	-176
Net Increase (Decrease) in Deposit Accounts	26,662	27,949	7,931	34,414	26,924	39,359
Other Financing Activities	-40	-35	-	-15	-15	-
Financing Cash Flow	28,951	25,080	9,836	28,238	30,236	35,527
Foreign Exchange Rate Adjustments	-846	24	181	463	-52	-285
Net Cash Flow	-12,016	-3,869	-6,908	-1,796	9,196	36,017
Free Cash Flow	22,445	13,774	3,094	3,508	3,795	4,775
Free Cash Flow Growth	450.12%	345.18%	-11.80%	-7.56%	-20.52%	87.77%
Free Cash Flow Margin	156.41%	96.99%	23.23%	26.71%	35.81%	70.21%
Free Cash Flow Per Share	86.11	53.07	11.97	13.63	14.71	19.83
Cash Interest Paid	14,250	13,605	9,782	5,416	2,393	2,258
Cash Income Tax Paid	3,365	3,510	3,241	2,071	1,471	1,057

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