Libra Insurance Company Cash Flow Statement

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019 - 2018
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2019 - 2018
Net Income	75.41	51.15	9.16	-3.81	3.27	3.3	Upgrade
Depreciation & Amortization	2.39	1.62	1.21	1.37	1.09	1.01	Upgrade
Other Amortization	2.46	2.46	2.1	1.38	1.51	1.08	Upgrade
Gain (Loss) on Sale of Investments	-64.01	-31	-4.31	1.54	-0.29	-0.15	Upgrade
Change in Accounts Receivable	-33.15	-33.15	-60.8	-43.46	-25.98	-16.94	Upgrade
Change in Other Net Operating Assets	-281.74	-243.43	-35.54	-20.2	20.38	1.76	Upgrade
Other Operating Activities	206.81	203.16	144.71	49.84	38.56	17.57	Upgrade
Operating Cash Flow	-109.18	-49.2	56.53	-13.35	38.53	7.64	Upgrade
Operating Cash Flow Growth	-	-	-	-	404.61%	-	Upgrade
Capital Expenditures	-0.32	-0.45	-0.17	-0.2	-0.47	-0.15	Upgrade
Purchase / Sale of Intangible Assets	-3.7	-3.67	-5.79	-3.87	-2.16	-2.18	Upgrade
Investing Cash Flow	-4.03	-4.11	-5.96	-4.07	-2.63	-2.33	Upgrade
Long-Term Debt Issued	-	30	20	-	-	-	Upgrade
Total Debt Repaid	-1.99	-1.55	-1.11	-0.99	-0.75	-0.67	Upgrade
Net Debt Issued (Repaid)	8.01	28.45	18.89	-0.99	-0.75	-0.67	Upgrade
Issuance of Common Stock	-	-	-	0.18	24.38	9.87	Upgrade
Common Dividends Paid	-20	-10	-	-	-	-	Upgrade
Financing Cash Flow	-11.99	18.45	18.89	-0.81	23.64	9.2	Upgrade
Net Cash Flow	-125.2	-34.87	69.46	-18.23	59.54	14.5	Upgrade
Free Cash Flow	-109.51	-49.65	56.36	-13.54	38.06	7.49	Upgrade
Free Cash Flow Growth	-	-	-	-	408.20%	-	Upgrade
Free Cash Flow Margin	-17.08%	-9.74%	18.77%	-7.99%	31.19%	11.15%	Upgrade
Free Cash Flow Per Share	-2.41	-1.10	1.25	-0.30	0.86	0.18	Upgrade
Cash Interest Paid	0.91	0.01	1.21	-	-	-	Upgrade
Cash Income Tax Paid	6.35	0.31	1.45	0.89	0.58	-	Upgrade
Levered Free Cash Flow	176.03	-92.24	51.15	-22.41	33.2	16.66	Upgrade
Unlevered Free Cash Flow	178.86	-90.04	52.3	-22.14	33.29	16.75	Upgrade
Change in Working Capital	-332.24	-276.58	-96.34	-63.67	-5.6	-15.18	Upgrade

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