TOWER SEMICONDUCTOR LTDTSEM
| Dec 31,
2011 | Dec 31,
2012 | Dec 31,
2013 | Dec 31,
2014 | Dec 31,
2015 | Dec 31,
2016 | Dec 31,
2017 | Dec 31,
2018 | Dec 31,
2021 | Dec 31,
2022 |
|---|
| Net profit | - | - | - | -1 | -29 | 209 | 302 | 133 | 154 | 266 |
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| Depreciation and amortization | 163 | 174 | 165 | 243 | 168 | 198 | 208 | 214 | 271 | 293 |
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| Effect of exchange rate differences and fair value adjustment | 9 | -14 | -4 | 4 | -16 | -8 | -13 | 10 | -1 | -10 |
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| Other expense (income), net | 16 | -7 | -1 | -0 | -0 | 9 | -3 | -2 | 1 | -7 |
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| Trade accounts receivable | 8 | 7 | 5 | 24 | 11 | 30 | 7 | 3 | -14 | 15 |
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| Other current assets | -4 | 1 | 4 | -50 | 15 | 0 | 8 | -11 | 27 | -20 |
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| Inventories | 4 | -2 | 1 | 2 | 18 | 22 | 4 | 26 | 44 | 78 |
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| Trade accounts payable | 22 | -8 | 0 | 11 | -26 | 6 | -9 | -4 | -25 | -21 |
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| Increase (Decrease) in Deferred Revenue | -36 | -4 | 1 | 2 | 33 | 24 | -22 | 3 | 75 | -30 |
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| Employee related liabilities and other current liabilities | 18 | -24 | -0 | 26 | 8 | -0 | -8 | -1 | 17 | 61 |
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| Long-term employee related liabilities | - | - | - | - | - | -1 | -3 | -1 | -3 | 3 |
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| Deferred tax, net and other long-term liabilities | - | 4 | -0 | 5 | -15 | 1 | -0 | -1 | -10 | 13 |
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| Net cash provided by operating activities | 108 | 95 | - | - | - | - | 356 | 313 | 421 | 530 |
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| Investments in property and equipment | 117 | 104 | 82 | 50 | 165 | 217 | 188 | 210 | 314 | 366 |
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| Proceeds related to sale and disposal of property and equipment | 6 | - | 5 | - | - | 8 | 20 | 40 | 35 | 153 |
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| Proceeds from investment realization | - | - | - | - | - | - | - | - | - | 3 |
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| Investments in other assets | - | 4 | 0 | 0 | 0 | - | - | 15 | 2 | 1 |
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| Deposits and marketable securities, net | - | - | - | - | - | - | - | - | 58 | 117 |
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| Net cash used in investing activities | 11 | -116 | - | - | - | - | -245 | -328 | -339 | -329 |
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| Proceeds From Investment In Subsidiary | - | - | - | - | - | - | - | - | - | 12 |
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| Exercise of options, net | - | - | - | - | - | - | - | - | 0 | 0 |
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| Proceeds from loans | - | 14 | - | 86 | 71 | 56 | - | 99 | 96 | - |
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| Loans repayment | - | - | - | - | 18 | 132 | 43 | 142 | 97 | - |
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| Principal payments on account of capital lease obligation | - | - | - | - | - | - | 1 | 6 | 35 | 39 |
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| Debentures repayment | - | - | - | - | 51 | - | 6 | - | 41 | 40 |
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| Dividend paid to Panasonic | - | - | - | - | 2 | 3 | 4 | - | - | - |
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| Net cash used in financing activities | -119 | 67 | - | - | - | - | -23 | -48 | -77 | -67 |
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| EFFECT OF FOREIGN CURRENCY EXCHANGE RATE CHANGE | - | - | - | - | - | - | - | - | - | -4 |
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| INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | - | - | - | - | - | - | - | - | -1 | 130 |
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| Investments in property and equipment | 16 | 9 | 11 | 27 | 19 | 24 | 28 | 28 | 66 | 169 |
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| Conversion of notes into share capital | 7 | - | - | 35 | 196 | 1 | - | 59 | - | - |
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| Cash received during the period from interest | - | - | - | - | - | - | - | 9 | 6 | 12 |
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| Cash paid during the period for interest | - | - | - | - | - | - | 10 | 12 | 5 | 4 |
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| Cash paid for (received from) income taxes, net during the period | - | - | - | - | - | 3 | 18 | 6 | 8 | 13 |
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