Bank Hapoalim B.M. 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	9,802	7,635	7,360	6,532	4,914
Depreciation & Amortization	764	764	802	716	602
Gain (Loss) on Sale of Assets	-23	-27	-71	-46	-92
Gain (Loss) on Sale of Investments	-702	304	256	286	-781
Provision for Credit Losses	1,299	693	1,879	-34	-1,220
Change in Trading Asset Securities	-17,638	5,729	-12,455	-5,122	1,906
Change in Other Net Operating Assets	4,814	-3,038	6,622	4,472	-2,131
Other Operating Activities	2,515	886	-51	-6,658	1,979
Operating Cash Flow	933	13,113	4,367	132	5,178
Operating Cash Flow Growth	-92.88%	200.27%	3208.33%	-97.45%	84.93%
Capital Expenditures	-1,074	-980	-970	-700	-886
Sale of Property, Plant and Equipment	24	32	86	63	140
Investment in Securities	-17,766	5,831	-12,835	-35,207	1,552
Income (Loss) Equity Investments	84	152	12	-32	-15
Net Decrease (Increase) in Loans Originated / Sold - Investing	-53,657	-35,173	-18,232	-32,122	-46,675
Investing Cash Flow	-72,473	-30,290	-31,951	-67,966	-45,869
Long-Term Debt Issued	19,578	13,595	384	17,019	11,543
Long-Term Debt Repaid	-5,432	-4,192	-13,471	-5,813	-6,174
Net Debt Issued (Repaid)	14,146	9,403	-13,087	11,206	5,369
Repurchase of Common Stock	-794	-463	-	-	-
Common Dividends Paid	-3,466	-2,284	-2,431	-939	-1,479
Net Increase (Decrease) in Deposit Accounts	18,582	19,811	17,482	295	88,085
Other Financing Activities	-	-	-1	-16	-
Financing Cash Flow	28,468	26,467	1,963	10,546	91,975
Foreign Exchange Rate Adjustments	-1,982	128	-	1,429	-588
Net Cash Flow	-45,054	9,418	-25,621	-55,859	50,696
Free Cash Flow	-141	12,133	3,397	-568	4,292
Free Cash Flow Growth	-	257.17%	-	-	102.64%
Free Cash Flow Margin	-0.61%	57.05%	17.42%	-3.16%	27.49%
Free Cash Flow Per Share	-0.11	9.09	2.54	-0.42	3.21
Cash Interest Paid	16,844	17,801	14,483	4,001	1,708
Cash Income Tax Paid	6,839	4,854	3,523	2,032	1,604

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.