Victory Supermarket Chain 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	29.6	43.75	46.46	36.9	50.69	58.11
Depreciation & Amortization	164.82	156.24	151.9	135.82	131.4	126.67
Loss (Gain) From Sale of Assets	-	-0.11	-	-0	-0.59	0.97
Loss (Gain) From Sale of Investments	-6.79	-4.58	-1.85	3.33	-5.96	0.11
Loss (Gain) on Equity Investments	0.22	-0.09	0.25	-1.2	-0.76	-0.64
Stock-Based Compensation	0.04	0.04	0.02	-	0.12	0.42
Other Operating Activities	-0.56	0.55	-1.09	-4.31	-1.13	0.46
Change in Accounts Receivable	11.36	-11.83	-2.81	-8.94	13	-50.17
Change in Inventory	-5.13	-9.17	-9.22	1.26	-3.01	-20.25
Change in Accounts Payable	-44.16	21.1	16.85	51.17	-62.48	74.77
Change in Income Taxes	-6.61	0.49	-0.08	0.06	-1.69	3.92
Change in Other Net Operating Assets	0.63	-13.7	1.08	4.19	-0.41	5.96
Operating Cash Flow	143.42	182.69	201.5	218.28	119.17	200.32
Operating Cash Flow Growth	-33.93%	-9.34%	-7.69%	83.16%	-40.51%	74.48%
Capital Expenditures	-51.29	-43.34	-37.36	-52.51	-29.82	-38.41
Sale of Property, Plant & Equipment	-	0.11	-	0.01	0.41	1.25
Cash Acquisitions	-	-	-	-	-	-51.92
Investment in Securities	0.04	-11.39	11.65	15.79	-2.93	-11
Other Investing Activities	-0.77	-0.01	-	0.45	0.43	0.07
Investing Cash Flow	-52.02	-54.64	-25.71	-36.26	-31.91	-100
Long-Term Debt Repaid	-	-114.25	-130.73	-118.86	-105.68	-102.43
Total Debt Repaid	-122.3	-114.25	-130.73	-118.86	-105.68	-102.43
Net Debt Issued (Repaid)	-122.3	-114.25	-130.73	-118.86	-105.68	-102.43
Issuance of Common Stock	-	-	-	-	-	14.18
Repurchase of Common Stock	-	-6.89	-	-2.78	-5.37	-
Common Dividends Paid	-27	-30	-15	-12	-12	-25
Other Financing Activities	-	-	0.55	-	-	-
Financing Cash Flow	-149.3	-151.14	-145.18	-133.64	-123.05	-113.25
Net Cash Flow	-57.9	-23.09	30.62	48.38	-35.79	-12.93
Free Cash Flow	92.13	139.35	164.14	165.77	89.35	161.91
Free Cash Flow Growth	-47.56%	-15.10%	-0.98%	85.54%	-44.82%	83.37%
Free Cash Flow Margin	3.63%	5.40%	6.70%	7.16%	3.86%	6.81%
Free Cash Flow Per Share	7.75	9.76	11.42	11.51	6.16	11.27
Cash Interest Paid	47.48	45.56	30.61	30.63	28.6	29.81
Cash Income Tax Paid	17.53	15.44	14.47	12.46	16.55	16.12
Levered Free Cash Flow	87.39	130.44	163.47	186.28	54.74	121.66
Unlevered Free Cash Flow	116.86	158.49	182.47	205.28	73.02	140.61
Change in Working Capital	-43.91	-13.11	5.82	47.74	-54.58	14.24

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.