Mizrahi Tefahot Bank Cash Flow Statement

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	5,630	5,455	4,910	4,472	3,188
Depreciation & Amortization	72	74	411	332	339
Other Amortization	217	211	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-241	-18
Gain (Loss) on Sale of Investments	-222	-86	122	42	-173
Provision for Credit Losses	228	519	1,463	532	-278
Change in Trading Asset Securities	-872	1,290	-1,320	-2,266	1,673
Change in Other Net Operating Assets	1,637	-3,056	395	1,427	-2,318
Other Operating Activities	9,088	9,939	-2,505	-431	1,667
Operating Cash Flow	15,804	14,380	3,532	3,899	4,131
Operating Cash Flow Growth	9.90%	307.13%	-9.41%	-5.62%	-18.41%
Capital Expenditures	-596	-606	-438	-391	-336
Sale of Property, Plant and Equipment	-	-	-	532	35
Investment in Securities	-16,798	-13,846	-1,372	1,913	677
Income (Loss) Equity Investments	-17	-16	-1	-5	10
Net Decrease (Increase) in Loans Originated / Sold - Investing	-38,839	-28,901	-18,647	-36,450	-25,495
Investing Cash Flow	-56,233	-43,353	-20,457	-34,396	-25,119
Long-Term Debt Issued	9,344	8,111	7,706	5,038	7,304
Long-Term Debt Repaid	-6,399	-9,076	-4,411	-10,258	-2,741
Net Debt Issued (Repaid)	2,945	-965	3,295	-5,220	4,563
Common Dividends Paid	-2,506	-1,869	-1,390	-941	-1,236
Net Increase (Decrease) in Deposit Accounts	40,938	27,949	7,931	34,414	26,924
Other Financing Activities	-20	-35	-	-15	-15
Financing Cash Flow	41,357	25,080	9,836	28,238	30,236
Foreign Exchange Rate Adjustments	-1,021	24	181	463	-52
Net Cash Flow	-93	-3,869	-6,908	-1,796	9,196
Free Cash Flow	15,208	13,774	3,094	3,508	3,795
Free Cash Flow Growth	10.41%	345.18%	-11.80%	-7.56%	-20.52%
Free Cash Flow Margin	105.91%	96.99%	23.23%	26.71%	35.81%
Free Cash Flow Per Share	58.29	53.07	11.97	13.63	14.71
Cash Interest Paid	12,717	13,605	9,047	5,416	2,393
Cash Income Tax Paid	3,322	3,510	3,241	2,071	1,471

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