Victory Supermarket Chain Ltd
TASE:VCTR
Cash Flow Statement
Cash Flow Statement
Victory Supermarket Chain Ltd
| Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Income |
25
|
21
|
22
|
19
|
19
|
20
|
18
|
20
|
19
|
18
|
17
|
18
|
18
|
19
|
20
|
22
|
22
|
21
|
18
|
16
|
17
|
19
|
23
|
28
|
29
|
33
|
34
|
32
|
33
|
31
|
33
|
33
|
29
|
29
|
28
|
27
|
39
|
43
|
50
|
58
|
59
|
61
|
57
|
51
|
39
|
38
|
37
|
37
|
41
|
35
|
38
|
46
|
49
|
52
|
54
|
44
|
34
|
34
|
30
|
|
| Depreciation & Amortization |
6
|
5
|
6
|
6
|
6
|
7
|
7
|
7
|
7
|
7
|
7
|
8
|
8
|
9
|
9
|
10
|
10
|
10
|
11
|
12
|
13
|
15
|
16
|
18
|
19
|
20
|
20
|
22
|
24
|
25
|
26
|
25
|
42
|
60
|
78
|
98
|
103
|
111
|
120
|
127
|
131
|
131
|
131
|
131
|
106
|
83
|
59
|
136
|
35
|
36
|
36
|
152
|
38
|
95
|
125
|
156
|
186
|
162
|
165
|
|
| Change in Deffered Taxes |
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
1
|
0
|
0
|
1
|
1
|
1
|
2
|
0
|
1
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(2)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(0)
|
1
|
1
|
0
|
0
|
(2)
|
(3)
|
(3)
|
(3)
|
(0)
|
0
|
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
(2)
|
|
| Stock-Based Compensation |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Non-Cash Items |
(0)
|
0
|
1
|
1
|
1
|
1
|
(0)
|
(2)
|
(2)
|
(1)
|
(1)
|
1
|
1
|
1
|
1
|
0
|
1
|
0
|
0
|
1
|
3
|
3
|
3
|
(2)
|
(4)
|
(8)
|
(6)
|
(3)
|
(1)
|
3
|
1
|
3
|
0
|
(0)
|
1
|
(1)
|
7
|
3
|
4
|
3
|
(6)
|
(5)
|
(7)
|
(9)
|
18
|
45
|
71
|
0
|
106
|
110
|
114
|
(2)
|
110
|
56
|
27
|
(2)
|
(29)
|
(4)
|
(5)
|
|
| Cash Taxes Paid |
7
|
5
|
6
|
0
|
5
|
0
|
8
|
7
|
7
|
9
|
5
|
5
|
6
|
6
|
6
|
7
|
7
|
7
|
7
|
6
|
7
|
8
|
9
|
9
|
7
|
6
|
8
|
6
|
8
|
9
|
7
|
10
|
11
|
11
|
10
|
10
|
10
|
12
|
14
|
16
|
17
|
19
|
19
|
17
|
17
|
14
|
14
|
12
|
15
|
13
|
13
|
14
|
12
|
12
|
0
|
16
|
21
|
0
|
0
|
|
| Cash Interest Paid |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
30
|
0
|
0
|
0
|
29
|
0
|
0
|
0
|
31
|
8
|
15
|
23
|
31
|
33
|
38
|
0
|
46
|
68
|
0
|
0
|
|
| Change in Working Capital |
(9)
|
(12)
|
(11)
|
(10)
|
(10)
|
(7)
|
(9)
|
(17)
|
(16)
|
(15)
|
(20)
|
(8)
|
(8)
|
(12)
|
(3)
|
(15)
|
(8)
|
(15)
|
(24)
|
(18)
|
(1)
|
18
|
15
|
22
|
1
|
(11)
|
17
|
(1)
|
(2)
|
(17)
|
(30)
|
(32)
|
(38)
|
(24)
|
(28)
|
(8)
|
9
|
42
|
38
|
14
|
19
|
(43)
|
(31)
|
(55)
|
(52)
|
23
|
12
|
48
|
47
|
(15)
|
1
|
6
|
15
|
27
|
12
|
(13)
|
(46)
|
(30)
|
(44)
|
|
| Cash from Operating Activities |
22
N/A
|
14
-36%
|
18
+26%
|
16
-10%
|
17
+9%
|
21
+20%
|
15
-26%
|
8
-48%
|
8
-5%
|
8
+7%
|
4
-51%
|
19
+378%
|
20
+3%
|
16
-16%
|
28
+71%
|
17
-40%
|
25
+48%
|
17
-31%
|
6
-65%
|
12
+94%
|
32
+181%
|
56
+72%
|
57
+3%
|
67
+17%
|
46
-32%
|
36
-22%
|
66
+86%
|
52
-22%
|
55
+5%
|
41
-25%
|
29
-30%
|
29
+3%
|
33
+12%
|
64
+95%
|
79
+23%
|
115
+45%
|
156
+36%
|
197
+26%
|
209
+6%
|
200
-4%
|
203
+1%
|
143
-29%
|
150
+5%
|
119
-21%
|
112
-6%
|
189
+69%
|
179
-6%
|
218
+22%
|
227
+4%
|
163
-28%
|
186
+14%
|
202
+9%
|
213
+6%
|
229
+8%
|
217
-5%
|
183
-16%
|
143
-22%
|
159
+11%
|
143
-10%
|
|
| Investing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Expenditures |
(15)
|
(14)
|
(18)
|
(18)
|
(19)
|
(17)
|
(13)
|
(10)
|
(8)
|
(11)
|
(19)
|
(24)
|
(30)
|
(32)
|
(26)
|
(29)
|
(24)
|
(23)
|
(28)
|
(34)
|
(48)
|
(47)
|
(42)
|
(32)
|
(21)
|
(25)
|
(29)
|
(32)
|
(30)
|
(26)
|
(28)
|
(26)
|
(26)
|
(28)
|
(23)
|
(27)
|
(33)
|
(36)
|
(40)
|
(38)
|
(37)
|
(36)
|
(33)
|
(30)
|
(31)
|
(36)
|
(46)
|
(53)
|
(51)
|
(43)
|
(40)
|
(37)
|
(41)
|
(44)
|
(41)
|
(43)
|
(44)
|
(46)
|
(51)
|
|
| Other Items |
2
|
3
|
(32)
|
(35)
|
(41)
|
(41)
|
(2)
|
(2)
|
6
|
8
|
5
|
5
|
6
|
4
|
2
|
2
|
0
|
(0)
|
3
|
(18)
|
(28)
|
(28)
|
(30)
|
(21)
|
(6)
|
(3)
|
(2)
|
(23)
|
(27)
|
(32)
|
(33)
|
(0)
|
0
|
(0)
|
10
|
(49)
|
(100)
|
(100)
|
(114)
|
(62)
|
9
|
(11)
|
(8)
|
(2)
|
(21)
|
(1)
|
16
|
16
|
1
|
(0)
|
13
|
12
|
26
|
26
|
(13)
|
(11)
|
(9)
|
(8)
|
(1)
|
|
| Cash from Investing Activities |
(13)
N/A
|
(11)
+14%
|
(50)
-360%
|
(53)
-5%
|
(60)
-14%
|
(58)
+3%
|
(15)
+74%
|
(12)
+20%
|
(2)
+80%
|
(4)
-48%
|
(14)
-291%
|
(19)
-38%
|
(24)
-28%
|
(27)
-14%
|
(23)
+15%
|
(26)
-12%
|
(24)
+8%
|
(23)
+4%
|
(26)
-10%
|
(53)
-106%
|
(77)
-45%
|
(75)
+1%
|
(72)
+4%
|
(52)
+27%
|
(27)
+48%
|
(27)
0%
|
(31)
-11%
|
(55)
-79%
|
(57)
-4%
|
(58)
0%
|
(60)
-5%
|
(27)
+56%
|
(26)
+2%
|
(28)
-6%
|
(13)
+54%
|
(75)
-497%
|
(133)
-77%
|
(136)
-2%
|
(154)
-13%
|
(100)
+35%
|
(28)
+72%
|
(47)
-68%
|
(41)
+13%
|
(32)
+22%
|
(52)
-62%
|
(38)
+27%
|
(29)
+23%
|
(36)
-25%
|
(50)
-37%
|
(43)
+13%
|
(27)
+38%
|
(26)
+4%
|
(15)
+43%
|
(18)
-24%
|
(54)
-202%
|
(55)
0%
|
(53)
+3%
|
(55)
-3%
|
(52)
+5%
|
|
| Financing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Issuance of Common Stock |
0
|
59
|
59
|
59
|
59
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
2
|
2
|
1
|
1
|
(1)
|
2
|
11
|
12
|
17
|
25
|
21
|
42
|
36
|
26
|
22
|
0
|
3
|
3
|
3
|
17
|
14
|
14
|
0
|
(2)
|
(5)
|
0
|
(8)
|
(6)
|
(3)
|
(3)
|
(0)
|
(0)
|
0
|
0
|
(7)
|
(7)
|
(7)
|
0
|
0
|
0
|
|
| Net Issuance of Debt |
0
|
4
|
5
|
8
|
(3)
|
(7)
|
(8)
|
(6)
|
(4)
|
3
|
6
|
8
|
5
|
9
|
6
|
10
|
9
|
13
|
108
|
99
|
99
|
89
|
(21)
|
(18)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(30)
|
(45)
|
(60)
|
22
|
19
|
14
|
8
|
(102)
|
(105)
|
(105)
|
(114)
|
(106)
|
(114)
|
(115)
|
(117)
|
(119)
|
(122)
|
(126)
|
(128)
|
(131)
|
(130)
|
(131)
|
(114)
|
(114)
|
(116)
|
(118)
|
(122)
|
|
| Cash Paid for Dividends |
(3)
|
(3)
|
(8)
|
(18)
|
0
|
(16)
|
(10)
|
0
|
0
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(9)
|
(11)
|
(11)
|
(13)
|
(16)
|
(17)
|
(17)
|
(8)
|
(18)
|
(25)
|
(25)
|
(30)
|
(20)
|
(15)
|
(15)
|
(20)
|
(15)
|
(25)
|
(25)
|
(27)
|
(27)
|
(12)
|
0
|
0
|
0
|
(12)
|
(12)
|
(12)
|
(27)
|
(15)
|
0
|
(30)
|
(30)
|
(30)
|
0
|
(35)
|
(27)
|
|
| Other |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Cash from Financing Activities |
(2)
N/A
|
61
N/A
|
56
-8%
|
50
-12%
|
40
-19%
|
(23)
N/A
|
(19)
+20%
|
(7)
+63%
|
(4)
+39%
|
(2)
+46%
|
2
N/A
|
4
+100%
|
(1)
N/A
|
3
N/A
|
0
-92%
|
4
+1 421%
|
4
-9%
|
6
+48%
|
101
+1 735%
|
94
-7%
|
94
0%
|
83
-11%
|
(28)
N/A
|
(29)
-2%
|
(24)
+18%
|
(17)
+28%
|
(20)
-14%
|
(15)
+23%
|
(8)
+50%
|
(2)
+69%
|
9
N/A
|
(3)
N/A
|
(28)
-737%
|
(52)
-85%
|
(80)
-52%
|
10
N/A
|
7
-33%
|
(4)
N/A
|
10
N/A
|
(113)
N/A
|
(116)
-2%
|
(118)
-2%
|
(143)
-21%
|
(123)
+14%
|
(132)
-7%
|
(123)
+7%
|
(124)
-1%
|
(134)
-8%
|
(137)
-3%
|
(138)
0%
|
(155)
-12%
|
(145)
+6%
|
(144)
+1%
|
(167)
-16%
|
(151)
+10%
|
(151)
0%
|
(153)
-1%
|
(153)
+0%
|
(149)
+3%
|
|
| Change in Cash | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Change in Cash |
7
N/A
|
64
+824%
|
24
-63%
|
13
-46%
|
(3)
N/A
|
(61)
-2 113%
|
(18)
+70%
|
(11)
+40%
|
1
N/A
|
2
+138%
|
(8)
N/A
|
4
N/A
|
(5)
N/A
|
(8)
-51%
|
5
N/A
|
(5)
N/A
|
4
N/A
|
(1)
N/A
|
82
N/A
|
53
-35%
|
50
-6%
|
63
+28%
|
(43)
N/A
|
(14)
+67%
|
(5)
+61%
|
(9)
-65%
|
16
N/A
|
(18)
N/A
|
(10)
+43%
|
(19)
-85%
|
(23)
-21%
|
(1)
+97%
|
(21)
-3 024%
|
(16)
+26%
|
(13)
+17%
|
50
N/A
|
30
-40%
|
58
+93%
|
65
+13%
|
(13)
N/A
|
59
N/A
|
(22)
N/A
|
(33)
-54%
|
(36)
-7%
|
(71)
-99%
|
29
N/A
|
26
-9%
|
48
+84%
|
40
-18%
|
(18)
N/A
|
4
N/A
|
31
+662%
|
54
+77%
|
44
-19%
|
12
-73%
|
(23)
N/A
|
(64)
-177%
|
(49)
+23%
|
(58)
-18%
|
|
| Free Cash Flow | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Free Cash Flow |
7
N/A
|
(0)
N/A
|
(1)
-364%
|
(2)
-376%
|
(1)
+40%
|
4
N/A
|
2
-50%
|
(2)
N/A
|
(1)
+71%
|
(3)
-442%
|
(15)
-347%
|
(5)
+67%
|
(11)
-128%
|
(15)
-40%
|
2
N/A
|
(12)
N/A
|
0
N/A
|
(6)
N/A
|
(22)
-270%
|
(23)
-2%
|
(16)
+32%
|
8
N/A
|
15
+82%
|
36
+134%
|
25
-31%
|
11
-56%
|
38
+244%
|
20
-48%
|
24
+25%
|
15
-39%
|
1
-93%
|
3
+212%
|
7
+112%
|
37
+446%
|
56
+52%
|
88
+57%
|
124
+40%
|
161
+30%
|
169
+5%
|
162
-4%
|
166
+3%
|
107
-36%
|
118
+10%
|
89
-24%
|
81
-9%
|
153
+88%
|
133
-13%
|
166
+24%
|
176
+6%
|
120
-32%
|
146
+22%
|
164
+13%
|
172
+5%
|
185
+7%
|
176
-5%
|
139
-21%
|
98
-30%
|
113
+15%
|
92
-18%
|
|