TLV:RENT 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	11.96	30.18	10.4	-6.04
Stock-Based Compensation	-	1.2	-	5.17
Change in Accounts Receivable	-0.18	-0.06	-0.14	-0.01
Change in Accounts Payable	0.05	0.11	0.04	-
Change in Other Net Operating Assets	-30.27	-46.21	-12.78	0.07
Other Operating Activities	12.57	11.75	0.75	-0.65
Operating Cash Flow	-5.87	-3.02	-1.73	-1.45
Acquisition of Real Estate Assets	-42.34	-315.01	-268.13	-136.97
Net Sale / Acq. of Real Estate Assets	-42.34	-315.01	-268.13	-136.97
Other Investing Activities	-3.66	-4.86	-2.8	-
Investing Cash Flow	-45.99	-319.88	-270.93	-136.97
Long-Term Debt Issued	-	247.92	145.19	-
Total Debt Issued	41.96	247.92	145.19	135.54
Total Debt Repaid	-15.68	-	-	-60
Net Debt Issued (Repaid)	26.28	247.92	145.19	75.54
Issuance of Common Stock	20.15	75.71	139.79	79.28
Net Cash Flow	-5.43	0.73	12.32	16.4
Cash Interest Paid	18.06	12.72	2.85	1.17
Levered Free Cash Flow	-18.34	-12.39	1	-
Unlevered Free Cash Flow	1.41	2.88	2.16	-
Change in Working Capital	-30.4	-46.15	-12.87	0.06

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