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

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