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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	22.14	20.99	54.36	30.62	113.53	137.45
Depreciation & Amortization	0.38	0.57	0.95	1.18	1.16	0.96
Other Amortization	2.18	1.92	1.66	0.63	-0.13	-
Loss (Gain) From Sale of Assets	-	-	0.27	0.02	-0.01	0.14
Loss (Gain) From Sale of Investments	3.11	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	-32.93	-9.72	-14.16	7.18	-12.02	28.68
Change in Accounts Receivable	93.28	-91.78	-80.07	-29.39	12.2	-50.5
Change in Inventory	31.15	50.13	67.09	-139.29	-96.45	142.95
Change in Accounts Payable	-32.72	-56.2	-32.06	-59.64	-4.3	-0.46
Change in Unearned Revenue	16.06	14.2	-37.28	-54.21	27.58	62.2
Change in Income Taxes	17.54	-0.07	-18.05	-	2.03	-1.62
Change in Other Net Operating Assets	-293.57	13.68	-36.5	-19.67	54.67	0.6
Operating Cash Flow	-173.36	-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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-8.57	-7.13	-6	-3.47	-0.76	-1.53
Sale of Property, Plant & Equipment	-	-	0.65	0.12	-	1.38
Investment in Securities	-19.02	26.88	-23.6	-1.05	-12.83	-51.12
Other Investing Activities	9.74	8.03	-11.92	18.25	-21.1	-54.55
Investing Cash Flow	-19.52	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	Jun 30, 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	424.89	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	-242.37	-68.5	-63.25	-73.75	-110.29	-189.21
Net Debt Issued (Repaid)	182.51	1.07	127.09	199.89	5.44	-189.21
Issuance of Common Stock	49.77	49.77	-	-	-	-
Common Dividends Paid	-18.27	-8.27	-28.38	-14.83	-20	-5.38
Financing Cash Flow	214.02	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Cash Flow	21.14	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	-181.93	-57.17	-99.4	-266.79	102.57	318.76
Free Cash Flow Growth	-	-	-	-	-67.82%	-
Free Cash Flow Margin	-50.33%	-13.99%	-20.65%	-90.52%	21.85%	56.92%
Free Cash Flow Per Share	-9.82	-3.19	-5.71	-15.34	5.89	18.32
Levered Free Cash Flow	114.91	-196.68	-80.75	-192.6	158.04	205.13
Unlevered Free Cash Flow	138.32	-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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	44.44	41.72	42.05	31.68	7.15	17.77
Cash Income Tax Paid	29.23	15.4	73.56	16.12	0.11	19.91
Change in Working Capital	-168.26	-70.04	-136.87	-302.19	-4.27	153.18

Data Source: S&P Global Market Intelligence Last updated: Aug 27, 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:

Sep 8, 2026

Data Sources Report a data error