TLV:IBIU 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	46.63	18.33	8.27	14.24	42.79	Upgrade
Depreciation & Amortization, Total	0.83	0.74	0.84	1.04	0.93	Upgrade
Gain (Loss) On Sale of Investments	-29.05	-5.88	1.4	1.55	-0.16	Upgrade
Stock-Based Compensation	4.26	3.39	3.67	3.06	0.4	Upgrade
Change in Accounts Receivable	1.28	-1.68	0.2	-0.78	1.29	Upgrade
Change in Other Net Operating Assets	0.27	2.7	6.94	-32.97	8.7	Upgrade
Other Operating Activities	7.09	1.96	8.29	-7.57	-6.14	Upgrade
Operating Cash Flow	33.26	19.56	29.61	-21.43	47.88	Upgrade
Capital Expenditures	-0.13	-0.02	-0.03	-0.05	-0.07	Upgrade
Sale (Purchase) of Intangibles	-1.81	-	-	-	-	Upgrade
Investment in Securities	-13.91	-29.34	-51.67	10.72	-9.14	Upgrade
Investing Cash Flow	-15.85	-29.35	-51.71	10.67	-9.21	Upgrade
Long-Term Debt Repaid	-0.84	-0.75	-0.84	-0.94	-0.89	Upgrade
Total Debt Repaid	-0.84	-0.75	-0.84	-0.94	-0.89	Upgrade
Net Debt Issued (Repaid)	-0.84	-0.75	-0.84	-0.94	-0.89	Upgrade
Issuance of Common Stock	-	-	46.39	0	0.01	Upgrade
Repurchase of Common Stock	-25	-	-	-	-	Upgrade
Common Dividends Paid	-39	-12	-6.5	-26.3	-47.4	Upgrade
Financing Cash Flow	-64.84	-12.75	39.05	-27.24	-48.28	Upgrade
Net Cash Flow	-47.43	-22.54	16.95	-37.99	-9.61	Upgrade
Free Cash Flow	33.13	19.54	29.57	-21.48	47.81	Upgrade
Free Cash Flow Growth	69.51%	-33.92%	-	-	6.63%	Upgrade
Free Cash Flow Margin	32.60%	45.84%	107.55%	-48.49%	45.54%	Upgrade
Free Cash Flow Per Share	1.06	0.63	1.11	-0.94	1.70	Upgrade
Cash Interest Paid	0.04	0.03	0.04	0.04	-	Upgrade
Cash Income Tax Paid	8.9	4.22	-5.71	12.42	21.69	Upgrade

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