← Ituran Location & Control Ltd.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — — — — $39.5m $50.3m $56.5m $60.0m
Net Income (Loss) Attributable to Parent $32.1m $43.8m $60.7m $6.9m $16.1m $34.3m $37.1m $48.1m $53.7m $58.0m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $34.7m $46.4m $63.2m $7.8m $17.3m $37.0m $39.5m $50.3m $56.5m $60.0m
Net Income (Loss) Attributable to Noncontrolling Interest $2.6m $2.6m $2.5m $878k $1.2m $2.8m $2.4m $2.2m $2.9m $2.0m
Depreciation, Depletion and Amortization $9.2m $10.4m $9.1m $17.2m $14.5m $13.6m $14.6m $14.8m $14.8m $13.8m
Amortization of Intangible Assets — — $1.2m $7.8m $5.9m $5.8m $6.2m $5.3m $5.2m $4.2m
Depreciation $11.6m $13.5m $13.4m $15.1m $12.9m $12.3m $13.9m $15.8m $14.9m $14.9m
Depreciation Amortization Depletion — — — — — — $20.1m $21.1m $20.1m $19.2m
Deferred Income Tax Expense (Benefit) ($1.1m) ($2.2m) $2.3m ($2.2m) ($2.2m) ($443k) ($736k) ($3.1m) ($383k) ($1.6m)
Deferred Income Tax — — — — — — ($737k) ($3.1m) ($383k) ($1.6m)
Deferred Tax — — — — — — ($737k) ($3.1m) ($383k) ($1.6m)
Goodwill and Intangible Asset Impairment — — — $13.9m $3.7m — — — — —
Goodwill, Impairment Loss — — — $12.3m $10.5m — $0 — — —
Impairment of Intangible Assets, Finite-lived — — — $13.9m $3.7m — $0 $0 $0 $0
Marketable Securities, Gain (Loss), Excluding Other-than-temporary Impairment Loss $115k $397k $166k ($241k) $4.1m ($2.4m) ($3.9m) ($89k) ($107k) ($8k)
Asset Impairment Charge — — — — — $0 $0 — — —
Gain (Loss) on Disposition of Property Plant Equipment $52k $1k ($85k) ($112k) ($199k) $166k $224k ($89k) ($128k) ($27k)
Income (Loss) from Equity Method Investments ($449k) $8.5m $4.2m ($3.2m) ($842k) ($102k) ($585k) — — —
Income Tax Expense (Benefit) $14.9m $17.7m $17.3m $12.2m $10.9m $11.9m $12.7m $13.4m $14.6m $14.9m
Other Nonoperating Income (Expense) $2.1m — — — — — — — — ($272k)
Earnings (Loss)es From Equity Investments — — — — — — $585k $706k $123k $277k
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $4.6m $4.8m ($6.2m) ($10.7m) ($4.5m) $4.0m $5.1m $26k $5.2m $3.7m
Increase (Decrease) in Inventories $1.4m ($1.6m) ($3.6m) ($3.8m) ($3.1m) $3.8m $5.8m ($1.1m) ($3.4m) ($2.6m)
Increase (Decrease) in Accounts Payable $5.9m $3.8m ($3.8m) ($1.1m) ($658k) $1.8m $1.4m ($1.9m) $176k ($2.1m)
General and Administrative Expense $40.2m $47.6m $47.7m $55.2m $49.7m $46.1m $48.7m $56.6m $56.2m $62.5m
Goodwill $3.4m $3.8m $62.9m $50.1m $39.9m $40.0m $39.5m $39.4m $39.3m $39.8m
Nonoperating Income (Expense) $2.1m ($989k) $717k $576k $1.5m ($5.5m) ($5.9m) ($1.6m) $80k ($1.9m)
Beginning Cash Position — — — — — — $50.3m $27.9m $53.4m $77.4m
Cash Flow From Continuing Financing Activities — — — — — — ($36.4m) ($32.9m) ($31.8m) ($42.7m)
Cash Flow From Continuing Investing Activities — — — — — — ($27.4m) ($17.2m) ($15.9m) ($24.2m)
Change In Account Payable — — — — — — $1.4m ($1.9m) $176k ($2.1m)
Change In Inventory — — — — — — ($5.8m) $1.1m $3.4m $2.6m
Change In Other Current Assets — — — — — — ($11.1m) ($3.2m) ($6.5m) $6.8m
Change In Other Current Liabilities — — — — — — ($837k) $3.8m $3.5m $1.6m
Change In Other Working Capital — — — — — — $3.4m $8.2m $2.4m $5.5m
Change In Payable — — — — — — $1.4m ($1.9m) $176k ($2.1m)
Change In Payables And Accrued Expense — — — — — — $1.4m ($1.9m) $176k ($2.1m)
Change In Receivables — — — — — — ($5.1m) ($26k) ($5.2m) ($3.7m)
Change In Working Capital — — — — — — ($18.0m) $8.0m ($2.3m) $10.7m
Changes In Account Receivables — — — — — — ($5.1m) ($26k) ($5.2m) ($3.7m)
Changes In Cash — — — — — — ($18.6m) $27.1m $26.6m $21.7m
End Cash Position — — — — — — $27.9m $53.4m $77.4m $107.6m
Financing Cash Flow — — — — — — ($36.4m) ($32.9m) ($31.8m) ($42.7m)
Free Cash Flow — — — — — — $18.6m $63.0m $60.6m $66.8m
Gain Loss On Investment Securities — — — — — — $3.9m $89k $107k $8k
Gain Loss On Sale Of PPE — — — — — — ($224k) $89k $128k $27k
Investing Cash Flow — — — — — — ($27.4m) ($17.2m) ($15.9m) ($24.2m)
Net Business Purchase And Sale — — — — — — ($939k) ($323k) $78k $147k
Net PPE Purchase And Sale — — — — — — $1.1m $199k $459k $901k
Operating Gains Losses — — — — — — $4.2m $884k $358k $312k
Purchase Of Business — — — — — ($136k) ($939k) ($323k) — —
Sale Of PPE — — — — — — $1.1m $199k $459k $901k
Other Operating Income (Expense), Net ($836k) $147k $306k ($26k) ($272k) ($109k) $0 $2k $0 $91k
Net Cash Provided by (Used in) Operating Activities $224k $43.9m $53.3m $59.7m $60.1m $55.8m $45.1m $77.2m $74.3m $88.6m
Cash flows from investing activities:
Capital Expenditure — — — — — — ($26.5m) ($14.2m) ($13.6m) ($21.8m)
Capital Expenditure Reported $13.6m $16.2m $21.7m $18.3m $10.2m $16.6m ($26.5m) ($14.2m) ($13.6m) ($21.8m)
Net Investment Purchase And Sale — — — — — — ($93k) ($478k) $508k ($128k)
Purchase Of Investment — — — — — — ($240k) ($577k) ($122k) ($185k)
Sale Of Investment — — — — — — $147k $99k $630k $57k
Net Other Investing Changes — — — — — — ($868k) ($2.4m) ($3.4m) ($3.3m)
Net Cash Provided by (Used in) Investing Activities ($19.9m) ($14.7m) ($84.9m) ($18.3m) ($11.5m) ($18.5m) ($27.4m) ($17.2m) ($15.9m) ($24.2m)
Cash flows from financing activities:
Net Issuance Payments Of Debt — — — — — — ($16.4m) ($11.4m) ($433k) ($114k)
Net Long Term Debt Issuance — — — — — — ($16.4m) ($11.7m) $0 $0
Net Short Term Debt Issuance — — — — — — $0 $299k ($433k) ($114k)
Repayments of Long-term Debt — — $8.0m $8.9m $18.2m $23.6m $16.4m $11.7m $0 $0
Long Term Debt Payments — — — — — — ($16.4m) ($11.7m) $0 $0
Repayment Of Debt — — — — — — ($16.4m) ($11.7m) $0 $0
Payments of Ordinary Dividends, Common Stock $17.1m $22.6m $20.2m $19.8m $10.0m $15.8m $11.5m $11.6m $28.1m $37.6m
Dividends Payable, Current $4.2m $4.9m $4.8m $5.1m $1.5m $4.4m — $6.1m $8.3m $10.4m
Dividends Payable — — — — — — — — — $40.0m
Cash Dividends Paid — — — — — — ($11.5m) ($11.6m) ($28.1m) ($37.6m)
Net Other Financing Charges — — — — — — ($8.4m) ($9.9m) ($3.3m) ($5.0m)
Net Cash Provided by (Used in) Financing Activities ($18.2m) ($24.3m) $49.8m ($38.9m) ($29.4m) ($58.7m) ($36.4m) ($32.9m) ($31.8m) ($42.7m)
Effect Of Exchange Rate Changes — — — — — — ($3.9m) ($1.5m) ($2.6m) $8.5m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $693k $863k ($3.7m) $101k $18.2m ($21.9m) ($22.5m) $25.6m $23.9m $30.2m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — — — $50.3m $27.9m $53.4m $77.4m $107.6m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — ($22.5m) $25.6m $23.9m $30.2m
Interest Paid, Excluding Capitalized Interest, Operating Activities $324k $2.7m $1.3m $1.8m $2.0m $979k $713k $358k $24k $0
Income Taxes Paid, Net $17.7m $22.9m $15.5m $10.4m $14.4m $13.5m $11.1m $10.9m $14.8m $16.7m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.