Neto Malinda Trading 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	226.99	204.15	88.28	127.82	191.8
Depreciation & Amortization	51.4	49.72	44.84	38.11	35.15
Loss (Gain) From Sale of Assets	-2.36	-0.54	-0.95	-0.95	-0.66
Loss (Gain) on Equity Investments	-2.24	-2.72	-1.7	-1.69	-1.23
Other Operating Activities	16.61	52.64	-23.79	-47.14	21.11
Change in Accounts Receivable	-121.82	-117.47	59.07	-90.11	-130.49
Change in Inventory	-244.42	-29.04	-12.94	-28.71	-18.15
Change in Accounts Payable	10.62	164.27	57.18	-74.8	-15.3
Change in Other Net Operating Assets	4.57	3.25	3	3.06	3.33
Operating Cash Flow	-60.66	324.26	213.02	-74.39	85.57
Operating Cash Flow Growth	-	52.23%	-	-	-35.57%
Capital Expenditures	-42.09	-41.49	-67.03	-43.05	-19.98
Sale of Property, Plant & Equipment	3.05	3.51	3.47	2.27	2.04
Cash Acquisitions	-	-	-	-29.17	-32.76
Sale (Purchase) of Intangibles	-0.18	-0.17	-0.43	-0.34	-
Sale (Purchase) of Real Estate	4.12	1.34	-	-	-
Investment in Securities	0.1	0.03	-9.11	0.46	3.5
Other Investing Activities	1.27	-0.09	-	-	8.33
Investing Cash Flow	-15.74	-34.86	-71.1	-65.83	42.05
Short-Term Debt Issued	198.26	-	-	144.62	-
Total Debt Issued	198.26	-	-	144.62	-
Short-Term Debt Repaid	-	-197.56	-133.5	-	-35.11
Long-Term Debt Repaid	-9.61	-10.4	-10.99	-9.47	-6.87
Total Debt Repaid	-9.61	-207.96	-144.49	-9.47	-41.98
Net Debt Issued (Repaid)	188.65	-207.96	-144.49	135.14	-41.98
Common Dividends Paid	-124.19	-47.4	-	-	-
Other Financing Activities	-5	-8.28	-	-	-154.52
Financing Cash Flow	59.46	-263.63	-144.49	135.14	-196.5
Foreign Exchange Rate Adjustments	2.88	6.69	0.36	-0.08	-0.66
Net Cash Flow	-14.05	32.45	-2.21	-5.16	-69.55
Free Cash Flow	-102.74	282.77	145.98	-117.45	65.59
Free Cash Flow Growth	-	93.70%	-	-	-43.82%
Free Cash Flow Margin	-1.97%	5.89%	3.35%	-2.80%	1.85%
Free Cash Flow Per Share	-5.19	14.29	7.38	-5.93	3.31
Cash Interest Paid	13.82	12.76	23.07	13.75	3.29
Cash Income Tax Paid	64.98	12.13	48.01	90.85	43.9
Levered Free Cash Flow	-124.86	231.93	123.94	-175.65	-91.04
Unlevered Free Cash Flow	-117.09	238.35	138.58	-167.41	-89.26
Change in Working Capital	-351.05	21.01	106.32	-190.55	-160.61

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