Nawi 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	231.6	156.81	142.7	136.25	110.11	74.37
Depreciation & Amortization	0.16	0.17	0.15	0.15	0.17	0.07
Other Amortization	0.04	0.2	0.69	1.22	0.25	-
Loss (Gain) From Sale of Investments	-	3.88	-	-	-	-
Provision for Credit Losses	13.91	13.72	29.27	-5.12	-17.24	4.45
Change in Accounts Payable	0.03	2.5	-15.64	-4.23	6.55	-27.26
Change in Income Taxes	-0.31	-5.42	7.04	1.63	0.12	-16.04
Change in Other Net Operating Assets	-1,292	-434.82	71.5	-220.56	-383.37	465.94
Other Operating Activities	-0.81	4.51	-6.26	-7.69	2.37	2.27
Operating Cash Flow	-1,047	-258.46	229.43	-98.34	-281.05	503.8
Operating Cash Flow Growth	-	-	-	-	-	-5.89%
Capital Expenditures	-1.2	-0.04	-0.01	-0.03	-0.72	-0.03
Investment in Securities	140.44	160.96	-94.77	67.98	-159.28	-36.36
Other Investing Activities	-0.44	-	0.32	0.05	-0.06	0.15
Investing Cash Flow	138.8	160.91	-94.45	68	-160.06	-36.24
Short-Term Debt Issued	-	498.45	235	347	40.75	107.74
Long-Term Debt Issued	-	-	-	150	481.46	-
Total Debt Issued	1,437	498.45	235	497	522.21	107.74
Short-Term Debt Repaid	-	-116.95	-176.5	-145.75	-	-583.44
Long-Term Debt Repaid	-	-190.44	-158.07	-236.91	-	-
Total Debt Repaid	-420.35	-307.39	-334.57	-382.66	-	-583.44
Net Debt Issued (Repaid)	1,016	191.06	-99.57	114.34	522.21	-475.71
Common Dividends Paid	-107.37	-93.57	-36.82	-83.6	-80.53	-
Financing Cash Flow	909	97.5	-136.39	30.74	441.67	-475.71
Net Cash Flow	0.58	-0.05	-1.41	0.4	0.56	-8.15
Free Cash Flow	-1,048	-258.51	229.42	-98.37	-281.77	503.77
Free Cash Flow Growth	-	-	-	-	-	-5.88%
Free Cash Flow Margin	-431.64%	-115.55%	114.70%	-49.94%	-173.33%	441.61%
Free Cash Flow Per Share	-32.02	-7.90	7.01	-3.00	-8.61	15.39
Cash Interest Paid	139.78	115.11	119.1	53.16	20.77	22.09
Cash Income Tax Paid	56.44	49.85	40.2	37.13	28.03	33.79

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