TLV:YHNF 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	185.36	210.35	139.31	126.46	210.32
Depreciation & Amortization	229.36	219.93	201.98	175.09	144.86
Loss (Gain) From Sale of Assets	-2.33	0.82	-0.01	-10.39	-0.01
Asset Writedown & Restructuring Costs	-6.55	-1.64	-4.83	-6.75	-9.39
Loss (Gain) From Sale of Investments	6.99	-4.05	1.84	38.36	-48.94
Loss (Gain) on Equity Investments	0.15	0.4	1.01	1.1	0.13
Stock-Based Compensation	-	-15.7	5.71	5.71	4.74
Provision & Write-off of Bad Debts	0.83	-	-	-	-
Other Operating Activities	-1.63	-2.95	-19.84	-0.38	30.44
Change in Accounts Receivable	-44.8	-46.79	-35.76	-0.54	-16.17
Change in Inventory	-36.2	-15.39	1.4	-24.43	-20.5
Change in Accounts Payable	53.21	89.7	56.49	9.63	38.34
Change in Other Net Operating Assets	-27.08	-1.67	11.52	-3.66	-2.33
Operating Cash Flow	357.31	433.02	358.8	310.2	331.49
Operating Cash Flow Growth	-17.48%	20.68%	15.67%	-6.42%	6.50%
Capital Expenditures	-152.37	-135.7	-177.9	-634.63	-252.55
Sale of Property, Plant & Equipment	32.28	1.06	6.93	42.15	0.36
Cash Acquisitions	-	-	-	-	-39.05
Sale (Purchase) of Real Estate	14.3	-6.21	-2.5	-0.48	-0.8
Investment in Securities	-10.16	-	-4.96	-9.15	-5.86
Other Investing Activities	40.14	-0.12	-1.39	-0.04	-
Investing Cash Flow	-75.82	-140.97	-179.82	-602.15	-297.9
Long-Term Debt Issued	9.52	4.46	4.07	389.16	3.78
Total Debt Issued	9.52	4.46	4.07	389.16	3.78
Long-Term Debt Repaid	-140.53	-129.17	-125.61	-130.28	-87.22
Total Debt Repaid	-140.53	-129.17	-125.61	-130.28	-87.22
Net Debt Issued (Repaid)	-131.02	-124.71	-121.55	258.87	-83.44
Issuance of Common Stock	-	-	-	-	347.89
Common Dividends Paid	-115.18	-145.02	-59.98	-99.97	-61.93
Other Financing Activities	-2.52	-2.7	-1.39	-1.44	-0.46
Financing Cash Flow	-248.71	-272.43	-182.91	157.47	202.07
Net Cash Flow	32.79	19.61	-3.93	-134.48	235.67
Free Cash Flow	204.94	297.32	180.9	-324.43	78.95
Free Cash Flow Growth	-31.07%	64.35%	-	-	-59.32%
Free Cash Flow Margin	4.17%	6.46%	4.42%	-8.71%	2.26%
Free Cash Flow Per Share	14.14	20.52	12.49	-22.39	5.76
Cash Interest Paid	-	99.79	92.46	67.96	63.81
Cash Income Tax Paid	-	77.54	66.03	50.65	30.9
Levered Free Cash Flow	193.84	254.33	164.38	-357.84	41.71
Unlevered Free Cash Flow	255.96	311.16	223.31	-309.97	81.99
Change in Working Capital	-54.87	25.85	33.65	-19	-0.67

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