TLV:TOEN Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2018
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 - 2018
Net Income	5.42	2.6	4.64	2.59	3.98	Upgrade
Depreciation & Amortization	5.56	5.36	4.46	5.16	4.43	Upgrade
Other Operating Activities	-10.15	-6.3	-3.58	5.72	3.89	Upgrade
Change in Accounts Receivable	0.44	-0.42	-1.94	-0.71	-0.11	Upgrade
Change in Accounts Payable	12.47	15.09	7.67	1.18	1.04	Upgrade
Operating Cash Flow	13.75	16.33	11.25	13.94	13.23	Upgrade
Operating Cash Flow Growth	-15.80%	45.08%	-19.25%	5.37%	-21.68%	Upgrade
Sale (Purchase) of Intangibles	-	-25.09	-	-	-	Upgrade
Investment in Securities	-1.45	-9.71	3.71	-0.71	1.13	Upgrade
Other Investing Activities	0.68	5.98	1.15	2.8	0.72	Upgrade
Investing Cash Flow	-0.77	-28.82	4.86	2.1	1.84	Upgrade
Long-Term Debt Issued	-	25.81	-	-	-	Upgrade
Total Debt Issued	-	25.81	-	-	-	Upgrade
Long-Term Debt Repaid	-9.36	-7.65	-6.54	-7.3	-10.06	Upgrade
Total Debt Repaid	-9.36	-7.65	-6.54	-7.3	-10.06	Upgrade
Net Debt Issued (Repaid)	-9.36	18.16	-6.54	-7.3	-10.06	Upgrade
Common Dividends Paid	-7	-7.5	-	-	-	Upgrade
Other Financing Activities	-4	-3.74	-3.38	-3.76	-4.25	Upgrade
Financing Cash Flow	-20.36	6.92	-9.92	-11.06	-14.3	Upgrade
Foreign Exchange Rate Adjustments	-0.06	-0.18	-0.05	-0.13	0.01	Upgrade
Net Cash Flow	-7.44	-5.76	6.14	4.84	0.77	Upgrade
Free Cash Flow	13.75	16.33	11.25	13.94	13.23	Upgrade
Free Cash Flow Growth	-15.80%	45.08%	-19.25%	5.37%	-21.68%	Upgrade
Free Cash Flow Margin	52.56%	59.88%	49.38%	57.73%	71.77%	Upgrade
Free Cash Flow Per Share	0.69	0.82	0.56	0.70	0.66	Upgrade
Cash Interest Paid	4	3.74	3.38	3.76	4.25	Upgrade
Cash Income Tax Paid	2	0.29	0.84	2.55	0.42	Upgrade
Levered Free Cash Flow	11.82	-13.84	7.85	7.62	8.21	Upgrade
Unlevered Free Cash Flow	14.35	-11.15	9.95	9.96	10.84	Upgrade
Change in Working Capital	12.91	14.67	5.74	0.47	0.92	Upgrade

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