Retailors 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	65.94	112.33	130.23	102.31	72.86
Depreciation & Amortization	350.52	285.87	212.58	148.44	117.01
Other Amortization	7.01	5.6	-	-	-
Loss (Gain) From Sale of Assets	-	0.12	-	-	-0.01
Loss (Gain) From Sale of Investments	2.12	-7.53	-13.86	23.89	-2.79
Loss (Gain) on Equity Investments	-	-	-	4.56	3.22
Stock-Based Compensation	1.36	5.21	6.41	5.19	0.53
Other Operating Activities	-21.22	0.59	9.23	-14.58	34.82
Change in Accounts Receivable	16.2	18.17	-5.95	-10.61	-18.07
Change in Inventory	-96.53	-13.42	-4.18	-102.5	-68.46
Change in Accounts Payable	3.21	7.82	-16.79	52.18	109.72
Change in Other Net Operating Assets	45.66	7.31	0.54	34.22	29.66
Operating Cash Flow	374.27	422.07	318.21	243.08	278.48
Operating Cash Flow Growth	-11.33%	32.64%	30.91%	-12.71%	208.70%
Capital Expenditures	-181.67	-176.17	-143.32	-90.17	-49.64
Sale of Property, Plant & Equipment	-	-	-	-	0.87
Cash Acquisitions	-44.54	-167.13	-	-	-
Investment in Securities	90.97	89.21	47.5	-73.27	-301.61
Other Investing Activities	6.65	27.3	33.14	-54.94	-8.03
Investing Cash Flow	-128.6	-226.8	-62.68	-218.37	-358.4
Long-Term Debt Issued	219.01	19.01	150	2.64	2.95
Total Debt Issued	219.01	19.01	150	2.64	2.95
Short-Term Debt Repaid	-	-	-	-	-80.15
Long-Term Debt Repaid	-298.48	-222.85	-150.35	-113.5	-139.2
Total Debt Repaid	-298.48	-222.85	-150.35	-113.5	-219.35
Net Debt Issued (Repaid)	-79.47	-203.84	-0.35	-110.86	-216.4
Issuance of Common Stock	0.03	0.02	-	-	669.63
Common Dividends Paid	-70.79	-102.77	-174.41	-36.43	-
Other Financing Activities	-	-	-	-31.48	4.9
Financing Cash Flow	-150.23	-306.59	-174.76	-178.77	458.13
Foreign Exchange Rate Adjustments	-13.35	-16.47	9.14	8.08	-8.84
Net Cash Flow	82.08	-127.78	89.91	-145.99	369.37
Free Cash Flow	192.6	245.9	174.89	152.91	228.84
Free Cash Flow Growth	-21.68%	40.60%	14.37%	-33.18%	687.06%
Free Cash Flow Margin	7.48%	10.20%	9.04%	10.01%	20.37%
Free Cash Flow Per Share	3.96	5.05	3.61	3.16	5.39
Cash Interest Paid	86.92	73.64	41.74	24.08	16.5
Cash Income Tax Paid	34.95	36.8	35.21	54.31	22.08
Levered Free Cash Flow	151.46	219.37	154.88	117.48	90.52
Unlevered Free Cash Flow	208.54	266.06	183.03	133.29	101.58
Change in Working Capital	-31.46	19.88	-26.38	-26.72	52.85

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