Zvi Sarfati & Sons Investments & Constructions Ltd. (TLV:SRFT)

TLV:SRFT Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	19.32	20.99	54.36	30.62	113.53	137.45
Depreciation & Amortization	0.48	0.57	0.95	1.18	1.16	0.96
Loss (Gain) From Sale of Assets	-	-	0.27	0.02	-0.01	0.14
Loss (Gain) From Sale of Investments	4.95	6.23	0.37	-0.78	5.12	-0.27
Loss (Gain) on Equity Investments	0.02	0.02	0.02	0.02	-0.05	0.15
Other Operating Activities	-10.42	-7.8	-12.5	7.81	-12.15	28.68
Change in Accounts Receivable	-6	-91.78	-80.07	-29.39	12.2	-50.5
Change in Inventory	39.19	50.13	67.09	-139.29	-96.45	142.95
Change in Accounts Payable	-52.25	-56.2	-32.06	-59.64	-4.3	-0.46
Change in Unearned Revenue	22.61	14.2	-37.28	-54.21	27.58	62.2
Change in Income Taxes	-2.67	-0.07	-18.05	-	2.03	-1.62
Change in Other Net Operating Assets	-287.43	13.68	-36.5	-19.67	54.67	0.6
Operating Cash Flow	-272.05	-50.04	-93.41	-263.32	103.33	320.29
Operating Cash Flow Growth	-	-	-	-	-67.74%	-

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-7.9	-7.13	-6	-3.47	-0.76	-1.53
Sale of Property, Plant & Equipment	-	-	0.65	0.12	-	1.38
Investment in Securities	-108.93	26.88	-23.6	-1.05	-12.83	-51.12
Other Investing Activities	-5.47	8.03	-11.92	18.25	-21.1	-54.55
Investing Cash Flow	-124.1	25.8	-39.35	7	-32.45	-105.2

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Short-Term Debt Issued	-	5.91	41.91	73.38	-	-
Long-Term Debt Issued	-	63.66	148.43	200.26	115.73	-
Total Debt Issued	457.73	69.57	190.34	273.64	115.73	-
Short-Term Debt Repaid	-	-	-	-	-87.54	-143.71
Long-Term Debt Repaid	-	-68.5	-63.25	-73.75	-22.75	-45.5
Total Debt Repaid	-98.89	-68.5	-63.25	-73.75	-110.29	-189.21
Net Debt Issued (Repaid)	358.84	1.07	127.09	199.89	5.44	-189.21
Issuance of Common Stock	49.77	49.77	-	-	-	-
Common Dividends Paid	-8.27	-8.27	-28.38	-14.83	-20	-5.38
Financing Cash Flow	400.34	42.58	98.71	185.06	-14.56	-194.59

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Cash Flow	4.2	18.33	-34.05	-71.26	56.32	20.51

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	-279.94	-57.17	-99.4	-266.79	102.57	318.76
Free Cash Flow Growth	-	-	-	-	-67.82%	-
Free Cash Flow Margin	-75.64%	-13.99%	-20.65%	-90.52%	21.85%	56.92%
Free Cash Flow Per Share	-15.36	-3.19	-5.71	-15.34	5.89	18.32
Levered Free Cash Flow	-141.65	-198.61	-82.4	-193.23	158.17	205.13
Unlevered Free Cash Flow	-115.78	-172.19	-53.62	-175.09	168.96	215.27

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	42.66	41.72	42.05	31.68	7.15	17.77
Cash Income Tax Paid	26.46	15.4	73.56	16.12	0.11	19.91
Change in Working Capital	-286.54	-70.04	-136.87	-302.19	-4.27	153.18

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 30, 2026

Data Sources Report a data error