Polygon Real Estate Ltd (TLV:POLY)

Polygon Real Estate Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	18.51	19.3	16.84	21.58	10.61	8.65
Depreciation & Amortization	5.29	5.33	5.35	5.45	5.57	4.96
Loss (Gain) From Sale of Investments	-	-	-	-	-4.08	-1.01
Other Operating Activities	1.19	1.77	-8.47	-12.32	1.53	1.86
Change in Accounts Receivable	0.11	0.39	1.56	1.88	-1.81	-2.64
Change in Accounts Payable	-0.19	0.08	-0.32	0.07	0.19	-0.22
Change in Other Net Operating Assets	-0.96	-3.86	0.99	-0.36	2.94	0.64
Operating Cash Flow	23.96	23.01	15.95	16.3	14.96	12.24
Operating Cash Flow Growth	16.95%	44.26%	-2.14%	9.00%	22.21%	-2.00%
Capital Expenditures	-	-	-0.01	-	-	-
Sale (Purchase) of Real Estate	-0.13	-0.02	-0.18	-1.05	-0.83	-0.89
Investment in Securities	-	-	0.46	8.72	-	-5.2
Other Investing Activities	-	-	5.09	14.17	-	-
Investing Cash Flow	-0.13	-0.02	5.36	21.84	-0.83	-6.09
Short-Term Debt Repaid	-	-	-	-	-	-2.7
Long-Term Debt Repaid	-	-	-	-7	-6.42	-0.58
Total Debt Repaid	-	-	-	-7	-6.42	-3.28
Net Debt Issued (Repaid)	-	-	-	-7	-6.42	-3.28
Financing Cash Flow	-	-	-	-7	-6.42	-3.28
Net Cash Flow	23.83	22.99	21.32	31.14	7.7	2.87
Free Cash Flow	23.96	23.01	15.94	16.3	14.96	12.24
Free Cash Flow Growth	16.99%	44.35%	-2.21%	9.00%	22.21%	-2.00%
Free Cash Flow Margin	77.94%	76.70%	55.65%	60.99%	65.65%	62.39%
Free Cash Flow Per Share	4.66	4.47	3.10	3.17	2.91	2.38
Cash Interest Paid	-	-	-	0.58	0.06	0.19
Cash Income Tax Paid	3.93	3.52	8.19	4.94	1.99	0.84
Levered Free Cash Flow	18.04	17.42	14.74	16.89	13.59	11.37
Unlevered Free Cash Flow	18.06	17.43	14.75	17.04	13.78	11.57
Change in Working Capital	-1.03	-3.39	2.23	1.59	1.33	-2.23

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.