Sella Capital Real Estate Ltd. (TLV:SLARL)

Sella Capital Real Estate Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	213	180	266	356.5	161
Depreciation & Amortization	-0.26	-7.22	-9.85	-5.19	-3.68
Asset Writedown	-90	-41.3	-171	-230.8	-6.7
Stock-Based Compensation	6.44	6.04	5.34	4.18	3.84
Change in Accounts Receivable	2.36	0.83	1.52	1.26	-3.49
Change in Other Net Operating Assets	9.16	6.48	15.3	11.63	3.81
Other Operating Activities	105.62	93.86	119.74	42.27	-9.18
Operating Cash Flow	246.32	238.7	227.05	179.84	145.61
Operating Cash Flow Growth	3.19%	5.13%	26.25%	23.51%	-0.74%
Acquisition of Real Estate Assets	-513.74	-35.11	-942.84	-344.4	-111.38
Net Sale / Acq. of Real Estate Assets	-513.74	-35.11	-942.84	-344.4	-111.38
Other Investing Activities	-	-	-	-	24.18
Investing Cash Flow	-513.74	-35.11	-942.84	-344.4	-87.2
Long-Term Debt Issued	589.17	312.37	600.13	417.31	278.12
Total Debt Issued	589.17	312.37	600.13	417.31	278.12
Long-Term Debt Repaid	-311.05	-281.28	-161.67	-24.97	-214.27
Total Debt Repaid	-311.05	-281.28	-161.67	-24.97	-214.27
Net Debt Issued (Repaid)	278.13	31.09	438.47	392.34	63.86
Issuance of Common Stock	8.98	11.65	5.77	164.09	12.73
Common Dividends Paid	-123.75	-118.43	-111.71	-101.65	-89.64
Other Financing Activities	10.5	-	-	-	-
Net Cash Flow	-93.56	127.9	-383.27	290.21	45.35
Cash Interest Paid	64.05	59.99	43.42	41.53	43.2
Levered Free Cash Flow	98.09	93.19	71.24	118.68	120.88
Unlevered Free Cash Flow	201.41	181.89	169.74	140.71	143.52
Change in Net Working Capital	-11.48	-7.31	-15.44	-14.41	-28.17

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