TLV:POLP 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	54.62	89.19	81.68	100.63	97.15	61.83
Depreciation & Amortization	41.52	39.24	38.37	34.88	26.12	24.85
Loss (Gain) From Sale of Assets	-	-	-0.05	-	-0.01	0.02
Loss (Gain) From Sale of Investments	0	-4.8	-6.31	4.93	-3.54	0.16
Stock-Based Compensation	0.42	1.56	3.19	2.56	0.16	0.27
Other Operating Activities	10.61	-1.57	-15.46	-22.78	13.15	3.85
Change in Accounts Receivable	20.7	-9.59	46.32	8.1	-56.56	-11.35
Change in Inventory	-25.43	-84.46	120.57	-52.92	-129.8	20.28
Change in Accounts Payable	-16.28	11.95	-3.32	-24.29	21.98	3.65
Change in Other Net Operating Assets	16.56	-1.18	4.87	21.79	-20.06	2.81
Operating Cash Flow	102.73	40.34	269.87	72.9	-51.41	106.37
Operating Cash Flow Growth	41.56%	-85.05%	270.18%	-	-	1.08%
Capital Expenditures	-61.48	-34.48	-34.94	-32.51	-21.21	-11.04
Sale of Property, Plant & Equipment	-	-	0.05	-	-	0.06
Cash Acquisitions	-	-	-	-88.73	-	-
Investing Cash Flow	-61.48	-34.48	-34.89	-121.24	-21.21	-10.99
Long-Term Debt Issued	-	113.3	-	91.29	178.09	38.93
Total Debt Issued	59.68	113.3	-	91.29	178.09	38.93
Long-Term Debt Repaid	-	-32.78	-171.82	-78.48	-37.14	-63.69
Net Debt Issued (Repaid)	27.13	80.51	-171.82	12.81	140.96	-24.76
Issuance of Common Stock	-	-	-	93.7	-	-
Common Dividends Paid	-40	-58	-42	-50	-70	-80
Other Financing Activities	-	-24.93	-1.71	-1.39	-0.64	-0.4
Financing Cash Flow	-12.87	-2.42	-215.53	55.13	70.32	-105.17
Foreign Exchange Rate Adjustments	-7.22	-0.29	0.66	0.12	0.62	-0.12
Net Cash Flow	21.16	3.15	20.11	6.91	-1.68	-9.91
Free Cash Flow	41.25	5.86	234.92	40.4	-72.62	95.32
Free Cash Flow Growth	-0.13%	-97.51%	481.54%	-	-	20.72%
Free Cash Flow Margin	4.36%	0.58%	23.47%	3.66%	-8.01%	14.56%
Free Cash Flow Per Share	0.38	0.05	2.13	0.36	-0.71	0.93
Cash Interest Paid	14.37	11.99	12.68	8.43	3.56	2.8
Cash Income Tax Paid	6.3	8.43	10.72	19.61	14.62	7.39
Levered Free Cash Flow	37.66	-16.52	226.69	7.82	-85.16	77.39
Unlevered Free Cash Flow	49.16	-6.59	237.1	15.49	-80.58	81.59
Change in Working Capital	-4.45	-83.28	168.44	-47.33	-184.44	15.38

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