TLV:RTSN Cash Flow Statement

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	85.19	58.69	31.19	28.42	6.53
Depreciation & Amortization	0.95	0.84	0.5	0.8	0.37
Loss (Gain) on Equity Investments	0.02	0.09	0.09	0.04	0.03
Stock-Based Compensation	1.48	1.87	-	-	-
Other Operating Activities	-8.71	-13.09	7.71	22.57	14.72
Change in Accounts Receivable	-144.72	-37.66	90.48	-68.96	-26.17
Change in Inventory	56.82	-12.34	2.78	75.59	32.85
Change in Accounts Payable	-3.14	0.91	3.24	2.55	9.56
Change in Unearned Revenue	-68.92	-77.74	-81.53	-89.16	-33.38
Change in Other Net Operating Assets	-28.52	-32.44	7.93	21.27	7.62
Operating Cash Flow	-109.55	-110.88	62.39	-6.86	12.12
Capital Expenditures	-0.06	-0.09	-0.12	-0.19	-0
Investment in Securities	-0.18	-	-	-4	-
Other Investing Activities	34.38	58.52	-51.5	-21.31	10.05
Investing Cash Flow	25.47	65.4	-116.71	-34.76	2.89
Short-Term Debt Issued	-	1.8	5.8	21.48	52.08
Long-Term Debt Issued	-	101.4	83.82	100.01	-
Total Debt Issued	210.06	103.2	89.62	121.49	52.08
Short-Term Debt Repaid	-	-6.91	-24.37	-71.43	-58.44
Long-Term Debt Repaid	-	-40.97	-13.8	-9.45	-0.31
Total Debt Repaid	-44.16	-47.88	-38.17	-80.88	-58.75
Net Debt Issued (Repaid)	165.9	55.32	51.45	40.61	-6.67
Issuance of Common Stock	-	-	14.29	41.56	-
Other Financing Activities	-10.8	-12.44	-5.7	-22.66	-3.54
Financing Cash Flow	140.11	42.87	60.04	59.52	-10.2
Net Cash Flow	56.03	-2.6	5.71	17.9	4.81
Free Cash Flow	-109.61	-110.97	62.26	-7.06	12.12
Free Cash Flow Margin	-27.17%	-39.51%	21.48%	-1.96%	6.15%
Free Cash Flow Per Share	-7.03	-7.34	4.12	-0.47	1.21
Cash Interest Paid	15.13	12.44	5.7	25.51	3.54
Cash Income Tax Paid	6.99	7.93	9.24	1.42	5.24
Levered Free Cash Flow	-	12.96	49.41	-	-
Unlevered Free Cash Flow	-	20.87	54.18	-	-
Change in Net Working Capital	-	34.26	-23.67	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.