TLV:CTPL5 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	2020 - 2016
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	2020 - 2016
Net Income	37.99	3.68	2.7	12.32	8.75	Upgrade
Depreciation & Amortization	0.04	0.04	0.05	0.05	0.09	Upgrade
Gain (Loss) on Sale of Investments	-1.17	-0.46	-0.28	0.49	-0.38	Upgrade
Asset Writedown	-16.28	-5.96	0.11	-10.3	-11.08	Upgrade
Income (Loss) on Equity Investments	0.02	-0.01	-2.33	-6.22	-0.88	Upgrade
Change in Accounts Receivable	-0.22	-0.08	-0.04	-0.2	-0.03	Upgrade
Change in Other Net Operating Assets	-0.4	0.2	0.16	-0.05	-0.03	Upgrade
Other Operating Activities	-21.39	1.12	-1.84	2.12	2.44	Upgrade
Operating Cash Flow	-1.39	-1.47	-1.46	-1.79	-1.13	Upgrade
Acquisition of Real Estate Assets	-0.01	-	-0.01	-0.04	-0.08	Upgrade
Sale of Real Estate Assets	-	-	2.93	-	-	Upgrade
Net Sale / Acq. of Real Estate Assets	-0.01	-	2.93	-0.04	-0.08	Upgrade
Investment in Marketable & Equity Securities	-1.06	-2.41	-0.47	0.22	0.03	Upgrade
Other Investing Activities	8.35	6.35	12.12	0.49	2.14	Upgrade
Investing Cash Flow	7.28	3.94	14.58	0.68	2.09	Upgrade
Long-Term Debt Repaid	-	-	-	-0	-0.01	Upgrade
Net Debt Issued (Repaid)	-	-	-	-0	-0.01	Upgrade
Common Dividends Paid	-	-	-10	-	-	Upgrade
Other Financing Activities	-0.6	-	0.02	0.05	0.05	Upgrade
Foreign Exchange Rate Adjustments	-	-	-	-0	-0	Upgrade
Net Cash Flow	5.28	2.47	3.14	-1.07	0.99	Upgrade
Cash Interest Paid	0.6	-	-	-	-	Upgrade
Cash Income Tax Paid	0.01	0.01	0.01	0.01	0.01	Upgrade
Levered Free Cash Flow	15.04	-0.32	3.78	2.68	1.37	Upgrade
Unlevered Free Cash Flow	15.04	-0.32	3.78	2.69	1.38	Upgrade
Change in Working Capital	-0.61	0.12	0.12	-0.25	-0.06	Upgrade

Source: S&P Capital IQ. Real Estate template. Financial Sources.