TLV:SMNR 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	-16.92	-9.69	20.71	71.7	67.29	-88.83
Depreciation & Amortization	0.29	0.28	0.37	0.39	2.36	12.03
Gain (Loss) on Sale of Assets	-	0.03	0.12	-	-2.4	-0.03
Gain (Loss) on Sale of Investments	-0.16	-1.59	-3.43	11.42	-0.57	-
Asset Writedown	19.24	11.46	-27.78	-114.91	-27	106.41
Change in Accounts Receivable	-1.5	-6.12	-3.04	0.89	58.12	15.33
Change in Accounts Payable	-0.61	0.11	-5.44	3.52	-23.17	-1.17
Change in Other Net Operating Assets	2.42	-3.34	-0.05	-0.77	-6.03	0.6
Other Operating Activities	-0.49	-3.35	6.91	31.68	55.86	-26.59
Operating Cash Flow	3.25	-12.22	-11.64	3.92	187.84	14.29
Operating Cash Flow Growth	-	-	-	-97.91%	1214.69%	12.18%
Acquisition of Real Estate Assets	-355.03	-155.85	-39.1	-3.94	-8.33	-5.09
Sale of Real Estate Assets	-	0.01	0.05	-	2.4	0.03
Net Sale / Acq. of Real Estate Assets	-355.03	-155.83	-39.06	-3.94	-5.94	-5.06
Cash Acquisition	-	-	0.12	-	-	-
Investment in Marketable & Equity Securities	0.61	49.07	39.01	-0.6	-94.91	-
Other Investing Activities	2.22	-24.47	-2.59	-	-	-
Investing Cash Flow	-348.27	-127.29	-2.52	-4.54	-100.85	-5.07
Short-Term Debt Issued	-	36.18	-	-	-	0.5
Long-Term Debt Issued	-	116.3	10.8	-	-	-
Total Debt Issued	371.25	152.48	10.8	-	-	0.5
Short-Term Debt Repaid	-	-	-	-	-17.52	-
Long-Term Debt Repaid	-	-0.2	-0.25	-0.32	-64.14	-10.6
Total Debt Repaid	-73.29	-0.2	-0.25	-0.32	-81.66	-10.6
Net Debt Issued (Repaid)	297.97	152.28	10.55	-0.32	-81.66	-10.1
Net Cash Flow	-47.05	12.77	-3.61	-0.94	5.33	-0.88
Cash Interest Paid	4.05	0.94	0.04	0.04	4.8	5.76
Cash Income Tax Paid	0.02	0.03	0.03	-7.6	7.86	0.17
Levered Free Cash Flow	-6.53	-19.85	-19.5	8.29	71.24	14.16
Unlevered Free Cash Flow	-0.5	-18.84	-19.44	8.34	73.05	17.59
Change in Working Capital	0.31	-9.35	-8.53	3.64	92.3	11.3

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