TLV:SNFL Cash Flow Statement

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	27.65	6.41	6.07	-20.81	-11.66
Depreciation & Amortization	62.85	61.12	65.93	63.23	26.8
Loss (Gain) on Sale of Assets	-60.03	-21.6	-	0.41	-
Loss (Gain) on Equity Investments	-	0.56	0.19	0.24	-
Asset Writedown	19.09	-	-	-4.52	-3.25
Stock-Based Compensation	0.31	0.55	0.94	0.46	-
Change in Accounts Receivable	4.16	0.75	-2.21	-0.07	0.17
Change in Accounts Payable	-7.57	-15.89	13.92	-1.6	8.59
Other Operating Activities	16.08	49.48	-9.53	3.78	7.58
Operating Cash Flow	62.54	81.36	75.3	41.12	28.23
Operating Cash Flow Growth	-23.13%	8.05%	83.15%	45.64%	-22.04%
Capital Expenditures	-26.47	-31.86	-8.23	-2.72	-1.15
Sale of Property, Plant & Equipment	-	77.5	-	0.1	-
Cash Acquisitions	-64.66	-4.47	-	-	-138.12
Divestitures	38.18	-	-	-	-
Investment in Securities	26.54	-23.91	-4.85	-0.96	0.16
Other Investing Activities	-	-8.21	1.76	-18.11	-
Investing Cash Flow	-26.4	9.05	-11.32	60.38	-139.11
Short-Term Debt Issued	0.09	-	-	-	-
Long-Term Debt Issued	32.56	124.22	76.82	15	110
Total Debt Issued	32.65	124.22	76.82	15	110
Long-Term Debt Repaid	-80.44	-157.57	-129.67	-112.22	-20.46
Total Debt Repaid	-80.44	-157.57	-129.67	-112.22	-20.46
Net Debt Issued (Repaid)	-47.79	-33.35	-52.86	-97.22	89.54
Issuance of Common Stock	-	7.19	19.45	-	-
Other Financing Activities	-1.29	-2.55	-0.8	-0.18	-0.36
Financing Cash Flow	-49.07	-28.71	-34.21	-97.39	89.18
Foreign Exchange Rate Adjustments	0.78	-0.49	2.79	0.46	-2.05
Net Cash Flow	-12.15	61.21	32.57	4.56	-23.75
Free Cash Flow	36.08	49.5	67.08	38.39	27.08
Free Cash Flow Growth	-27.11%	-26.20%	74.70%	41.80%	-25.17%
Free Cash Flow Margin	25.73%	28.34%	36.39%	32.00%	49.61%
Free Cash Flow Per Share	0.94	1.32	1.77	1.15	0.82
Cash Interest Paid	31.68	32.42	29.85	29.89	11.19
Cash Income Tax Paid	3.15	12.83	3.31	16.73	6.44
Levered Free Cash Flow	24.1	96.66	-4.69	31.18	19.02
Unlevered Free Cash Flow	42.82	115.43	16.25	55.15	26.06
Change in Working Capital	-3.41	-15.14	11.7	-1.67	8.76

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.