Y.Z. Queenco 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	34.13	20.34	16.62	3.99	0.82
Depreciation & Amortization	11.97	13.2	13.96	12.16	12.46
Loss (Gain) From Sale of Assets	-16.99	-	-	-	-
Asset Writedown & Restructuring Costs	1.01	-0.61	0.85	-2.45	1.22
Loss (Gain) From Sale of Investments	0.09	-	-	-	-
Loss (Gain) on Equity Investments	0.28	0.81	0.96	0.35	0.03
Stock-Based Compensation	1.62	-	-	-	-
Other Operating Activities	1.95	0.47	0.38	0.19	0.03
Change in Accounts Receivable	-	-0.21	-2.05	0.05	3.88
Change in Inventory	-0.05	-0.05	-0.05	-0.05	-0
Change in Accounts Payable	0.13	-1.07	0.49	-1.59	-2.07
Change in Income Taxes	7.03	-2.06	3.16	-4.07	-4.31
Change in Other Net Operating Assets	-8.79	1.51	2.29	0.01	-6.56
Operating Cash Flow	32.39	32.34	36.59	8.59	5.48
Operating Cash Flow Growth	0.14%	-11.61%	325.93%	56.67%	-
Capital Expenditures	-7.26	-15.18	-8.74	-1.32	-0.8
Sale of Property, Plant & Equipment	19.48	0.24	0.02	-	-
Investment in Securities	-15.66	-5.33	-10.2	-	0.05
Investing Cash Flow	-3.44	-22.47	-18.92	-3.04	-0.76
Long-Term Debt Issued	-	-	11.06	2.62	13.57
Total Debt Issued	-	-	11.06	2.62	13.57
Long-Term Debt Repaid	-9.38	-7.25	-22.85	-5.14	-11.82
Total Debt Repaid	-9.38	-7.25	-22.85	-5.14	-11.82
Net Debt Issued (Repaid)	-9.38	-7.25	-11.79	-2.53	1.75
Common Dividends Paid	-	-7.45	-	-	-
Financing Cash Flow	-9.38	-14.69	-11.79	-2.53	1.75
Foreign Exchange Rate Adjustments	-2.49	-0.51	1.06	1.68	-1.23
Net Cash Flow	17.08	-5.34	6.93	4.7	5.25
Free Cash Flow	25.13	17.16	27.85	7.27	4.68
Free Cash Flow Growth	46.43%	-38.39%	282.84%	55.36%	-
Free Cash Flow Margin	18.26%	12.80%	22.21%	9.17%	8.98%
Free Cash Flow Per Share	0.84	0.58	0.94	0.24	0.16
Cash Interest Paid	-	3.34	4.12	3.01	2.21
Cash Income Tax Paid	-	4.54	3.26	5.84	2.98
Levered Free Cash Flow	43.41	12.6	25.76	8.41	5.88
Unlevered Free Cash Flow	46.4	14.61	28.27	10.42	7.62
Change in Working Capital	-1.67	-1.88	3.83	-5.64	-9.07

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