Rotshtein Realestate 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	207.86	100.75	73.91	176.04	71.17
Depreciation & Amortization	2.26	3.48	2.55	1.5	1.42
Loss (Gain) From Sale of Assets	-246.23	-	-	-	-
Asset Writedown & Restructuring Costs	-19.16	-6.14	-7.49	-15.15	-48.96
Loss (Gain) on Equity Investments	9.42	-19.41	-19.1	-74.07	-37.15
Stock-Based Compensation	2.45	1.8	1.81	1.44	1.18
Other Operating Activities	13.56	-23.81	-6.75	40.16	17.2
Change in Accounts Receivable	117.03	57.06	-158.83	-6.94	13.46
Change in Inventory	-30.03	149.49	-66.21	96.67	-41.12
Change in Accounts Payable	12.56	-0.89	-10.41	17.11	8
Change in Unearned Revenue	31.2	0.52	-76.58	65.49	62.88
Change in Other Net Operating Assets	-262.16	-70.41	-90.17	-210.3	-94.91
Operating Cash Flow	-161.24	192.45	-357.26	91.97	-46.82
Capital Expenditures	-3.51	-0.47	-11.03	-46.71	-0.8
Divestitures	-3.27	-	-	-	-
Sale (Purchase) of Intangibles	-	-	50	-50	-6.36
Sale (Purchase) of Real Estate	-30.24	-26.73	-46.52	-34.91	-137.94
Investment in Securities	29	18.74	71.11	63.97	25
Other Investing Activities	20.98	-195.85	12.93	1.76	-2.82
Investing Cash Flow	12.96	-235.69	70.9	-104.95	-126.92
Short-Term Debt Issued	151.14	-	231.86	27.67	56.64
Long-Term Debt Issued	210.75	240.59	184.05	166.28	253
Total Debt Issued	361.88	240.59	415.91	193.95	309.64
Short-Term Debt Repaid	-	-2.85	-	-	-
Long-Term Debt Repaid	-159.29	-211.71	-128.23	-87.57	-115.68
Total Debt Repaid	-159.29	-214.56	-128.23	-87.57	-115.68
Net Debt Issued (Repaid)	202.59	26.03	287.68	106.38	193.96
Issuance of Common Stock	3.38	0.05	-	-	-
Repurchase of Common Stock	-1.05	-	-	-	-
Common Dividends Paid	-48.04	-20	-24	-28	-8
Other Financing Activities	30.34	21.41	2.16	-20.2	-5.63
Financing Cash Flow	187.22	27.49	265.84	58.18	180.33
Net Cash Flow	38.94	-15.75	-20.52	45.19	6.59
Free Cash Flow	-164.75	191.98	-368.28	45.25	-47.63
Free Cash Flow Margin	-36.60%	24.62%	-52.42%	5.48%	-9.09%
Free Cash Flow Per Share	-9.33	11.54	-23.54	2.66	-3.04
Cash Interest Paid	-	74.53	56.3	34.02	30.1
Cash Income Tax Paid	-	31.26	22	33.69	32.03
Levered Free Cash Flow	129.99	67.37	-258.79	114.88	-308.5
Unlevered Free Cash Flow	177.99	102.81	-226.97	137.8	-284.05
Change in Working Capital	-131.4	135.78	-402.2	-37.96	-51.68

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