TLV:DIFI 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	120.06	141.1	132.47	244.46	181.32	Upgrade
Depreciation & Amortization	22.22	18.96	41.95	35.87	30.51	Upgrade
Other Amortization	28.75	25.84	-	-	-	Upgrade
Provision for Credit Losses	-89.01	-59.06	-32.23	-271.34	-206.24	Upgrade
Stock-Based Compensation	3.1	6.98	5.08	17.05	8.91	Upgrade
Change in Accounts Payable	-0.8	-24.76	16.78	20.44	10.22	Upgrade
Change in Other Net Operating Assets	-397.33	-629.44	-911.36	-1,038	-1,491	Upgrade
Other Operating Activities	97.36	-77.14	-139.36	-49.11	-16.18	Upgrade
Operating Cash Flow	-212.43	-576.45	-872.07	-1,054	-1,508	Upgrade
Capital Expenditures	-10.74	-10.7	-10.76	-9.97	-3.02	Upgrade
Sale of Property, Plant & Equipment	0.2	0.53	0.32	-	0.02	Upgrade
Cash Acquisitions	-	-	-	-19.03	-	Upgrade
Sale (Purchase) of Intangibles	-37.47	-34.97	-45.44	-33.17	-21.18	Upgrade
Investment in Securities	-5.17	-1.46	-2.4	-1.63	-0.74	Upgrade
Other Investing Activities	-	-	1.98	1.8	-	Upgrade
Investing Cash Flow	-53.18	-46.59	-56.3	-62	-24.91	Upgrade
Long-Term Debt Issued	4,424	1,866	2,284	1,785	2,008	Upgrade
Long-Term Debt Repaid	-4,071	-1,194	-1,301	-705.56	-484.19	Upgrade
Net Debt Issued (Repaid)	353.48	671.98	983.14	1,080	1,524	Upgrade
Issuance of Common Stock	-	-	-	98.25	157.76	Upgrade
Common Dividends Paid	-90.37	-63.35	-85.05	-133.63	-71.52	Upgrade
Other Financing Activities	-	15.75	34.15	-	-	Upgrade
Financing Cash Flow	263.12	624.39	932.25	1,044	1,610	Upgrade
Foreign Exchange Rate Adjustments	0.01	0.01	0.12	0.06	-	Upgrade
Net Cash Flow	-2.48	1.35	4	-71.63	77.09	Upgrade
Free Cash Flow	-223.17	-587.15	-882.83	-1,064	-1,511	Upgrade
Free Cash Flow Margin	-28.12%	-70.34%	-115.91%	-106.32%	-224.53%	Upgrade
Free Cash Flow Per Share	-75.14	-198.56	-298.55	-360.26	-575.03	Upgrade
Cash Interest Paid	280.84	237.57	169.48	53.35	49.58	Upgrade
Cash Income Tax Paid	61.2	119.41	200.29	112.23	83.33	Upgrade

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