Paz Retail And Energy 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	541	650	-5	300	224	-366
Depreciation & Amortization	498	500	479	689	599	603
Loss (Gain) From Sale of Assets	-54	-275	-3	-10	-26	1
Asset Writedown & Restructuring Costs	-11	-11	450	344	-35	346
Loss (Gain) From Sale of Investments	3	3	2	35	22	-41
Loss (Gain) on Equity Investments	-19	-13	-1	1	-2	-
Stock-Based Compensation	17	6	7	12	8	3
Other Operating Activities	193	228	428	216	127	-1
Change in Accounts Receivable	71	115	-87	-536	-319	297
Change in Inventory	4	215	-151	-549	-168	214
Change in Accounts Payable	2	-15	-174	170	815	-442
Change in Other Net Operating Assets	-2	3	37	-32	-11	-1
Operating Cash Flow	1,243	1,406	1,328	640	1,234	613
Operating Cash Flow Growth	26.45%	5.87%	107.50%	-48.14%	101.31%	-11.80%
Capital Expenditures	-228	-200	-339	-628	-345	-246
Sale of Property, Plant & Equipment	100	26	8	26	75	5
Cash Acquisitions	-	-	-193	-1,576	-223	-1
Divestitures	-3	270	-	-	-	-
Sale (Purchase) of Intangibles	-29	-29	-35	-20	-9	-4
Investment in Securities	-	-9	-80	-	1	-34
Other Investing Activities	35	142	45	5	-1	9
Investing Cash Flow	-121	205	-590	-2,183	-491	-267
Short-Term Debt Issued	-	299	-	1,002	-	201
Long-Term Debt Issued	-	198	1,073	550	1,155	1,151
Total Debt Issued	-	497	1,073	1,552	1,155	1,352
Short-Term Debt Repaid	-	-	-454	-	-205	-
Long-Term Debt Repaid	-	-1,714	-1,612	-903	-421	-1,167
Total Debt Repaid	-531	-1,714	-2,066	-903	-626	-1,167
Net Debt Issued (Repaid)	-531	-1,217	-993	649	529	185
Repurchase of Common Stock	-	-	-	-	-	-200
Common Dividends Paid	-515	-560	-	-	-	-60
Other Financing Activities	-434	-163	-294	-185	-124	-151
Financing Cash Flow	-1,480	-1,940	-1,287	464	405	-226
Foreign Exchange Rate Adjustments	-	-	-	43	25	-3
Miscellaneous Cash Flow Adjustments	-	-	109	-109	-	-
Net Cash Flow	-358	-329	-440	-1,145	1,173	117
Free Cash Flow	1,015	1,206	989	12	889	367
Free Cash Flow Growth	26.88%	21.94%	8141.67%	-98.65%	142.23%	-7.09%
Free Cash Flow Margin	9.08%	10.13%	7.45%	0.08%	11.50%	6.49%
Free Cash Flow Per Share	91.51	110.46	89.35	1.08	90.75	36.65
Cash Interest Paid	134	162	237	185	124	142
Cash Income Tax Paid	89	70	88	128	80	43
Levered Free Cash Flow	403.13	934.88	2,227	-2,090	795.63	611.88
Unlevered Free Cash Flow	515	1,075	2,370	-1,947	873.75	666.88
Change in Working Capital	75	318	-375	-947	317	68

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