TLV:RTSN Cash Flow Statement

Financials in millions ILS. Fiscal year is January - December.

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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	61.97	58.69	31.19	28.42	6.53
Depreciation & Amortization	0.81	0.84	0.5	0.8	0.37
Loss (Gain) on Equity Investments	0.1	0.09	0.09	0.04	0.03
Stock-Based Compensation	1.55	1.87	-	-	-
Other Operating Activities	15.71	-13.09	7.71	22.57	14.72
Change in Accounts Receivable	-147.74	-37.66	90.48	-68.96	-26.17
Change in Inventory	36.85	-12.34	2.78	75.59	32.85
Change in Accounts Payable	-3.68	0.91	3.24	2.55	9.56
Change in Unearned Revenue	-61.31	-77.74	-81.53	-89.16	-33.38
Change in Other Net Operating Assets	-6.57	-32.44	7.93	21.27	7.62
Operating Cash Flow	-102.31	-110.88	62.39	-6.86	12.12
Capital Expenditures	-0.09	-0.09	-0.12	-0.19	-0
Investment in Securities	-0.24	-	-	-4	-
Other Investing Activities	10.19	58.52	-51.5	-21.31	10.05
Investing Cash Flow	2.7	65.4	-116.71	-34.76	2.89
Short-Term Debt Issued	56.81	-	-	21.48	52.08
Long-Term Debt Issued	150.26	101.4	83.82	100.01	-
Total Debt Issued	207.07	101.4	83.82	121.49	52.08
Short-Term Debt Repaid	-	-5.11	-18.57	-71.43	-58.44
Long-Term Debt Repaid	-50.67	-40.97	-13.8	-9.45	-0.31
Total Debt Repaid	-50.67	-46.08	-32.37	-80.88	-58.75
Net Debt Issued (Repaid)	156.4	55.32	51.45	40.61	-6.67
Issuance of Common Stock	-	-	14.29	41.56	-
Common Dividends Paid	-15	-	-	-	-
Other Financing Activities	-11.95	-12.44	-5.7	-22.66	-3.54
Financing Cash Flow	129.45	42.87	60.04	59.52	-10.2
Net Cash Flow	29.84	-2.6	5.71	17.9	4.81
Free Cash Flow	-102.4	-110.97	62.26	-7.06	12.12
Free Cash Flow Margin	-24.50%	-39.51%	21.48%	-1.96%	6.15%
Free Cash Flow Per Share	-6.40	-7.34	4.12	-0.47	1.21
Cash Interest Paid	16.28	12.44	5.7	25.51	3.54
Cash Income Tax Paid	6.94	7.93	9.24	1.42	5.24
Levered Free Cash Flow	-102.47	12.96	49.41	-	-
Unlevered Free Cash Flow	-92.22	20.87	54.18	-	-
Change in Net Working Capital	147.44	34.26	-23.67	-	-

Updated Mar 17, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.