Shufersal 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	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	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	666	657	312	1	393	387
Depreciation & Amortization	929	960	881	900	833	796
Other Amortization	76	76	86	-	-	-
Loss (Gain) From Sale of Assets	1	-24	1	-13	1	1
Asset Writedown & Restructuring Costs	-53	-8	-100	-69	-51	-13
Loss (Gain) on Equity Investments	-	18	42	42	14	4
Stock-Based Compensation	-	-9	21	9	7	9
Other Operating Activities	187	169	218	328	242	216
Change in Accounts Receivable	199	22	483	-22	53	-193
Change in Inventory	46	85	-73	29	31	-29
Change in Accounts Payable	-40	154	30	46	-146	294
Change in Other Net Operating Assets	14	138	48	68	8	293
Operating Cash Flow	2,025	2,238	1,949	1,319	1,385	1,765
Operating Cash Flow Growth	-8.70%	14.83%	47.76%	-4.76%	-21.53%	70.53%
Capital Expenditures	-231	-265	-528	-598	-554	-459
Sale of Property, Plant & Equipment	11	7	7	3	2	3
Cash Acquisitions	-	-	-8	-158	-18	-
Sale (Purchase) of Intangibles	-81	-102	-92	-82	-87	-87
Sale (Purchase) of Real Estate	-25	-9	-34	-31	-16	-15
Investment in Securities	164	-510	-393	819	-445	-97
Other Investing Activities	98	60	68	10	-2	1
Investing Cash Flow	-64	-819	-980	-76	-1,141	-652
Long-Term Debt Issued	-	-	57	-	-	312
Total Debt Issued	-	-	57	-	-	312
Short-Term Debt Repaid	-	-	-	-	-	-93
Long-Term Debt Repaid	-	-882	-860	-792	-707	-685
Total Debt Repaid	-897	-882	-860	-792	-707	-778
Net Debt Issued (Repaid)	-897	-882	-803	-792	-707	-466
Issuance of Common Stock	-	-	-	-	689	-
Common Dividends Paid	-360	-180	-	-140	-140	-80
Other Financing Activities	-93	-95	-114	-116	-130	-142
Financing Cash Flow	-1,350	-1,157	-917	-1,048	-288	-688
Net Cash Flow	611	262	52	195	-44	425
Free Cash Flow	1,794	1,973	1,421	721	831	1,306
Free Cash Flow Growth	-3.45%	38.85%	97.09%	-13.24%	-36.37%	152.61%
Free Cash Flow Margin	12.20%	12.61%	9.36%	4.92%	5.63%	8.57%
Free Cash Flow Per Share	6.71	7.42	5.35	2.71	3.19	5.48
Cash Interest Paid	95	97	109	115	123	133
Cash Income Tax Paid	133	96	120	97	127	133
Levered Free Cash Flow	1,598	1,465	1,109	382	447.75	938.25
Unlevered Free Cash Flow	1,750	1,630	1,273	541.38	590.25	1,067
Change in Working Capital	219	399	488	121	-54	365

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.