Opal Balance Investments 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	40.4	30.86	26.38	28.99	26.96	Upgrade
Depreciation & Amortization	1.78	3.15	2.77	2.85	2.59	Upgrade
Other Amortization	0.52	-	-	-	-	Upgrade
Asset Writedown & Restructuring Costs	0.72	-0.31	-0.46	-0.7	-0.01	Upgrade
Change in Accounts Payable	0.14	0.28	0.02	-0.39	0.44	Upgrade
Change in Other Net Operating Assets	-87.96	-21.36	-14.33	-25.51	-14.79	Upgrade
Other Operating Activities	3.42	1.39	-1.41	-2.32	-0.18	Upgrade
Operating Cash Flow	-40.85	14.27	13.39	2.92	15.01	Upgrade
Operating Cash Flow Growth	-	6.58%	358.93%	-80.56%	-60.19%	Upgrade
Capital Expenditures	-1.33	-2.07	-0.27	-1.01	-1.81	Upgrade
Sale of Property, Plant & Equipment	-	0.03	0.11	-	-	Upgrade
Cash Acquisitions	-4.29	-	-	-	-	Upgrade
Other Investing Activities	0.92	-	0.02	-0.58	0.06	Upgrade
Investing Cash Flow	-4.71	-2.04	-0.15	0.96	-1.75	Upgrade
Long-Term Debt Issued	80.61	-	-	-	-	Upgrade
Long-Term Debt Repaid	-9.27	-1.57	-1.48	-1.4	-1.22	Upgrade
Net Debt Issued (Repaid)	71.34	-1.57	-1.48	-1.4	-1.22	Upgrade
Common Dividends Paid	-24.75	-15.74	-11.6	-14.95	-13	Upgrade
Financing Cash Flow	46.59	-17.3	-13.08	-16.35	-14.22	Upgrade
Net Cash Flow	1.04	-5.07	0.16	-12.47	-0.96	Upgrade
Free Cash Flow	-42.18	12.2	13.11	1.91	13.19	Upgrade
Free Cash Flow Growth	-	-6.99%	585.83%	-85.51%	-63.08%	Upgrade
Free Cash Flow Margin	-50.21%	17.61%	20.34%	2.86%	21.83%	Upgrade
Free Cash Flow Per Share	-0.40	0.12	0.13	0.02	0.13	Upgrade
Cash Interest Paid	17.85	11.87	15.7	11.24	4.5	Upgrade
Cash Income Tax Paid	8.89	8.89	8.89	10.49	8.28	Upgrade

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