Zephyrus Wing Energies Cash Flow Statement

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Net Income	126.54	297.62	-62.22	-79.63	-12.85	-6.04
Depreciation & Amortization	57.98	54.06	35.97	38.72	19.62	1.52
Loss (Gain) on Sale of Investments	-139.02	-311.13	221.59	241.67	30.36	3.5
Stock-Based Compensation	2.15	2.4	-	-	-	-
Change in Accounts Receivable	15.89	19.14	-4.99	-10.99	-0.35	-17.42
Change in Accounts Payable	-12.08	-8.87	3.25	17.27	0.37	-82.65
Change in Other Net Operating Assets	2.58	-11.66	15.78	-3.43	9.74	-0.88
Other Operating Activities	98.69	149.96	3.35	-79.88	-9.52	-0.46
Operating Cash Flow	152.74	191.51	212.73	123.72	37.36	-102.43
Operating Cash Flow Growth	-32.07%	-9.98%	71.95%	231.14%	-	-
Capital Expenditures	-4.7	-17.44	-118.39	-59.44	-385.73	-422.51
Cash Acquisitions	-	-	-	21.05	-	-
Other Investing Activities	-15.43	-90.07	-140.52	-24.77	-15.85	-12.59
Investing Cash Flow	-20.13	-107.51	-258.91	-63.15	-401.57	-435.1
Long-Term Debt Issued	-	2.6	137.93	162.96	395.92	370.86
Long-Term Debt Repaid	-	-148.19	-47.61	-286.88	-16.44	-31.21
Net Debt Issued (Repaid)	-48.95	-145.59	90.33	-123.92	379.48	339.65
Issuance of Common Stock	0.23	139.53	106.65	233.67	0.11	175.46
Common Dividends Paid	-	-	-0.54	-77.91	-	-
Other Financing Activities	-86.54	-140.45	-48.35	-70.14	-16.93	-0.02
Financing Cash Flow	-135.25	-146.51	148.1	-38.31	362.66	515.09
Foreign Exchange Rate Adjustments	4.95	19.8	9.71	-3.5	-1.42	-4.16
Net Cash Flow	2.31	-42.71	111.63	18.77	-2.97	-26.59
Free Cash Flow	148.04	174.07	94.34	64.28	-348.37	-524.94
Free Cash Flow Growth	16.18%	84.50%	46.76%	-	-	-
Free Cash Flow Margin	74.88%	69.13%	37.48%	43.70%	-693.40%	-13806.84%
Free Cash Flow Per Share	2.17	2.87	2.05	1.40	-7.57	-11.41
Cash Interest Paid	86.54	90.73	48.35	23.62	16.93	0.02
Cash Income Tax Paid	-	-	-	2.21	3.13	0.07
Levered Free Cash Flow	48.37	-48.01	27.37	98.71	-	-
Unlevered Free Cash Flow	93.51	-0	60.18	138.24	-	-
Change in Net Working Capital	15.01	128.37	-28.47	-105.62	-	-

Source: S&P Capital IQ. Utility template. Financial Sources.