Alvarion Balance Sheet

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2014	FY 2013	FY 2012	FY 2011	FY 2010	2005 - 2009
Period Ending	Jun '15 Jun 30, 2015	Dec '14 Dec 31, 2014	Dec '13 Dec 31, 2013	Dec '12 Dec 31, 2012	Dec '11 Dec 31, 2011	Dec '10 Dec 31, 2010	2005 - 2009
Cash & Equivalents	22.25	17.93	4.61	36.47	220.46	217.05	Upgrade
Short-Term Investments	-	-	-	5.33	27.39	71.53	Upgrade
Cash & Short-Term Investments	22.25	17.93	4.61	41.8	247.85	288.58	Upgrade
Cash Growth	382.25%	288.68%	-88.97%	-83.13%	-14.12%	-25.93%	Upgrade
Accounts Receivable	-	-	-	38.29	72.22	176.81	Upgrade
Other Receivables	-	6.45	24.39	11.28	10.01	12.92	Upgrade
Receivables	-	6.45	24.39	49.57	82.23	189.72	Upgrade
Inventory	-	-	-	34.66	39.76	198.57	Upgrade
Prepaid Expenses	0.18	0.04	-	1.5	4.55	4.92	Upgrade
Restricted Cash	0.44	0.07	0	13.74	-	-	Upgrade
Other Current Assets	-	0.66	0.66	88.82	222.95	17.89	Upgrade
Total Current Assets	22.87	25.14	29.67	230.09	597.33	699.69	Upgrade
Property, Plant & Equipment	-	-	-	12.84	18.41	51.71	Upgrade
Long-Term Investments	-	-	-	-	-	9.08	Upgrade
Goodwill	-	-	-	48.86	49.93	-	Upgrade
Other Intangible Assets	-	-	-	67.24	77.23	-	Upgrade
Other Long-Term Assets	-	-	-	-	46.18	-	Upgrade
Total Assets	22.87	25.14	29.67	359.03	789.09	760.48	Upgrade
Accounts Payable	56.42	57.69	55.22	31.55	67.51	181.45	Upgrade
Accrued Expenses	-	11.92	14.95	62.12	75.01	91.43	Upgrade
Short-Term Debt	4.15	4.15	4.17	-	-	6.27	Upgrade
Current Portion of Long-Term Debt	-	-	-	41.07	48.88	-	Upgrade
Current Unearned Revenue	-	-	-	-	4.8	2.02	Upgrade
Other Current Liabilities	13.45	2.18	1.88	64	164.3	29.1	Upgrade
Total Current Liabilities	74.02	75.93	76.21	198.73	360.5	310.26	Upgrade
Long-Term Debt	-	-	-	-	65.57	-	Upgrade
Other Long-Term Liabilities	-	-	-	27.63	34.34	17.91	Upgrade
Total Liabilities	74.02	75.93	76.21	226.37	460.41	328.17	Upgrade
Common Stock	0.73	0.73	0.73	0.63	0.63	0.59	Upgrade
Additional Paid-In Capital	1,866	1,866	1,866	1,629	1,658	1,527	Upgrade
Retained Earnings	-1,734	-1,733	-1,729	-1,452	-1,270	-1,059	Upgrade
Treasury Stock	-51.85	-51.85	-51.85	-48.06	-49.11	-45.58	Upgrade
Comprehensive Income & Other	-132.35	-132.35	-132.35	3.13	-10.2	9.2	Upgrade
Shareholders' Equity	-51.15	-50.79	-46.54	132.66	328.68	432.31	Upgrade
Total Liabilities & Equity	22.87	25.14	29.67	359.03	789.09	760.48	Upgrade
Total Debt	4.15	4.15	4.17	41.07	114.45	6.27	Upgrade
Net Cash (Debt)	18.1	13.78	0.45	0.74	133.4	291.4	Upgrade
Net Cash Growth	3957.85%	2990.14%	-39.36%	-99.45%	-54.22%	-33.85%	Upgrade
Net Cash Per Share	2.95	2.18	0.07	0.12	21.41	46.85	Upgrade
Filing Date Shares Outstanding	5.1	6.32	6.32	6.32	6.24	6.23	Upgrade
Total Common Shares Outstanding	5.1	6.32	6.32	6.32	6.24	6.23	Upgrade
Working Capital	-51.15	-50.79	-46.54	31.35	236.83	389.43	Upgrade
Book Value Per Share	-10.03	-8.04	-7.37	21.00	52.69	69.44	Upgrade
Tangible Book Value	-51.15	-50.79	-46.54	16.56	201.52	432.31	Upgrade
Tangible Book Value Per Share	-10.03	-8.04	-7.37	2.62	32.31	69.44	Upgrade
Machinery	-	-	-	77.99	78.45	205.08	Upgrade
Leasehold Improvements	-	-	-	11.96	13.09	16.2	Upgrade

Source: S&P Global Market Intelligence. Standard template. Financial Sources.