Opal Balance Investments 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	40.4	30.86	26.38	28.99	26.96
Depreciation & Amortization	1.78	3.15	2.77	2.85	2.59
Other Amortization	0.52	-	-	-	-
Asset Writedown & Restructuring Costs	0.72	-0.31	-0.46	-0.7	-0.01
Change in Accounts Payable	0.14	0.28	0.02	-0.39	0.44
Change in Other Net Operating Assets	-87.96	-21.36	-14.33	-25.51	-14.79
Other Operating Activities	3.42	1.39	-1.41	-2.32	-0.18
Operating Cash Flow	-40.85	14.27	13.39	2.92	15.01
Operating Cash Flow Growth	-	6.58%	358.93%	-80.56%	-60.19%
Capital Expenditures	-1.33	-2.07	-0.27	-1.01	-1.81
Sale of Property, Plant & Equipment	-	0.03	0.11	-	-
Cash Acquisitions	-4.29	-	-	-	-
Other Investing Activities	0.92	-	0.02	-0.58	0.06
Investing Cash Flow	-4.71	-2.04	-0.15	0.96	-1.75
Long-Term Debt Issued	80.61	-	-	-	-
Long-Term Debt Repaid	-9.27	-1.57	-1.48	-1.4	-1.22
Net Debt Issued (Repaid)	71.34	-1.57	-1.48	-1.4	-1.22
Common Dividends Paid	-24.75	-15.74	-11.6	-14.95	-13
Financing Cash Flow	46.59	-17.3	-13.08	-16.35	-14.22
Net Cash Flow	1.04	-5.07	0.16	-12.47	-0.96
Free Cash Flow	-42.18	12.2	13.11	1.91	13.19
Free Cash Flow Growth	-	-6.99%	585.83%	-85.51%	-63.08%
Free Cash Flow Margin	-50.21%	17.61%	20.34%	2.86%	21.83%
Free Cash Flow Per Share	-0.40	0.12	0.13	0.02	0.13
Cash Interest Paid	17.85	11.87	15.7	11.24	4.5
Cash Income Tax Paid	8.89	8.89	8.89	10.49	8.28

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