E.N. Shoham Business 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	38.39	38.02	36.32	23.18	16.01
Depreciation & Amortization	0.42	0.38	0.38	0.36	0.3
Other Amortization	3.02	1.45	1.61	1.08	1.9
Loss (Gain) From Sale of Assets	-	-	-	0.01	-
Loss (Gain) From Sale of Investments	-0.63	-	-	-	-
Stock-Based Compensation	-	-	0.04	0.58	1.63
Provision & Write-off of Bad Debts	11.77	21.16	7	0.85	3.91
Other Operating Activities	3.09	-3.22	-0.22	1.54	-1.2
Change in Accounts Receivable	-0.27	0.53	-0.31	-0.93	-0.25
Change in Accounts Payable	0.02	-0.06	0.06	0.05	-0.05
Change in Income Taxes	-15.04	7.59	3.67	-3.6	-1.56
Change in Other Net Operating Assets	-50.66	76.12	-98.76	-242.27	14.48
Operating Cash Flow	-9.87	141.96	-50.22	-219.15	35.16
Capital Expenditures	-0.01	-0.04	-0.03	-0.02	-0.02
Sale of Property, Plant & Equipment	-	-	-	0.02	-
Investment in Securities	0.49	-	-	-	-
Other Investing Activities	-0.01	-	-0	-0	-0.02
Investing Cash Flow	0.47	-0.04	-0.04	-0.01	-0.04
Short-Term Debt Issued	-	-	-	87	80
Long-Term Debt Issued	199.48	-	48.46	296.71	-
Total Debt Issued	199.48	-	48.46	383.71	80
Long-Term Debt Repaid	-116.39	-128.7	-60.34	-79.69	-119.3
Total Debt Repaid	-116.39	-128.7	-60.34	-79.69	-119.3
Net Debt Issued (Repaid)	83.09	-128.7	-11.88	304.02	-39.3
Issuance of Common Stock	1.58	-	-	17.93	3.9
Repurchase of Common Stock	-6.22	-8.16	-0.63	-	-
Common Dividends Paid	-20	-	-10	-10	-
Financing Cash Flow	58.44	-136.86	-22.51	311.94	-35.4
Net Cash Flow	49.04	5.06	-72.76	92.79	-0.28
Free Cash Flow	-9.89	141.92	-50.25	-219.17	35.14
Free Cash Flow Margin	-7.33%	103.79%	-52.65%	-369.49%	74.02%
Free Cash Flow Per Share	-0.20	3.65	-1.26	-5.83	0.97
Cash Interest Paid	50.71	52.75	22.1	15.1	10.94
Cash Income Tax Paid	26.6	9.41	9.1	11.32	8.24
Levered Free Cash Flow	-60.6	66.23	-125.37	-224.41	41.2
Unlevered Free Cash Flow	-37.73	87.64	-112.32	-215.82	47.27
Change in Net Working Capital	108.42	-22.98	161.01	247.6	-24

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