S.R. Accord 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	90.25	69.57	65.35	79.08	70.56	Upgrade
Depreciation & Amortization	3.83	3.9	4.02	5.07	1.61	Upgrade
Loss (Gain) From Sale of Investments	-10.1	0.15	3.23	3.17	0.23	Upgrade
Asset Writedown & Restructuring Costs	-6.3	-5.97	-1.66	-1.91	-1.85	Upgrade
Loss (Gain) on Equity Investments	-3.62	0.29	0.03	-0.83	-	Upgrade
Stock-Based Compensation	-	-	0.04	0.09	0.42	Upgrade
Change in Other Net Operating Assets	54.93	-97.55	-98	-117.67	-94.6	Upgrade
Other Operating Activities	31.77	14.92	184.76	-4.3	-2.96	Upgrade
Operating Cash Flow	160.68	-14.72	157.73	-37.23	-26.59	Upgrade
Capital Expenditures	-1.16	-0.58	-0.25	-0.87	-0.09	Upgrade
Sale of Property, Plant & Equipment	0.49	0.37	0.07	0.06	-	Upgrade
Investment in Securities	4.87	1.68	0.92	-16	-	Upgrade
Other Investing Activities	-	-0.05	0.05	0.07	1.5	Upgrade
Investing Cash Flow	3.91	1.24	0.55	-16.52	6.47	Upgrade
Long-Term Debt Issued	-	193.2	70.61	377.87	325.04	Upgrade
Total Debt Issued	-	193.2	70.61	377.87	325.04	Upgrade
Long-Term Debt Repaid	-78.66	-168.91	-235.41	-263.52	-260.84	Upgrade
Total Debt Repaid	-78.66	-168.91	-235.41	-263.52	-260.84	Upgrade
Net Debt Issued (Repaid)	-78.66	24.29	-164.8	114.35	64.19	Upgrade
Repurchase of Common Stock	-	-	-10.53	-5	-	Upgrade
Common Dividends Paid	-39	-20	-16	-24	-36	Upgrade
Other Financing Activities	-0.41	-	-0.18	-	-	Upgrade
Financing Cash Flow	-118.08	4.29	-191.51	85.35	28.19	Upgrade
Net Cash Flow	46.51	-9.19	-33.23	31.6	8.07	Upgrade
Free Cash Flow	159.52	-15.3	157.48	-38.09	-26.68	Upgrade
Free Cash Flow Margin	120.85%	-13.56%	140.15%	-30.15%	-23.81%	Upgrade
Free Cash Flow Per Share	12.16	-1.17	11.84	-2.82	-1.97	Upgrade
Cash Interest Paid	57.61	50.77	53.44	32.63	16.85	Upgrade
Cash Income Tax Paid	10.67	31.12	53.66	25.75	26.48	Upgrade

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