B Communications Balance Sheet

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	2,844	896	644	754	998
Short-Term Investments	-	901	484	799	1,134
Trading Asset Securities	-	1,067	759	159	-
Cash & Short-Term Investments	2,844	2,864	1,887	1,712	2,132
Cash Growth	-0.70%	51.78%	10.22%	-19.70%	20.11%
Accounts Receivable	-	1,184	1,252	1,198	1,621
Other Receivables	-	327	324	494	482
Receivables	-	1,511	1,576	1,692	2,103
Inventory	-	162	82	85	74
Prepaid Expenses	1	58	67	37	36
Restricted Cash	-	18	-	-	-
Other Current Assets	-	92	5	15	-
Total Current Assets	2,845	4,705	3,617	3,541	4,345
Property, Plant & Equipment	-	8,922	8,698	8,288	8,140
Long-Term Investments	-	8	8	27	85
Goodwill	-	1,591	1,568	1,568	1,559
Other Intangible Assets	-	1,812	1,772	1,740	1,752
Long-Term Accounts Receivable	-	244	275	305	256
Long-Term Deferred Tax Assets	-	-	-	-	24
Long-Term Deferred Charges	-	17	15	13	18
Other Long-Term Assets	-	393	400	373	380
Total Assets	2,845	17,692	16,353	15,855	16,559
Accounts Payable	2	966	894	903	955
Accrued Expenses	-	832	737	795	891
Current Portion of Long-Term Debt	-	1,123	1,074	921	980
Current Portion of Leases	-	438	433	456	466
Current Income Taxes Payable	-	171	72	12	5
Current Unearned Revenue	-	293	224	171	158
Other Current Liabilities	12	211	274	284	325
Total Current Liabilities	14	4,034	3,708	3,542	3,780
Long-Term Debt	-	8,571	7,829	8,257	9,068
Long-Term Leases	-	1,530	1,608	1,452	1,511
Long-Term Unearned Revenue	-	195	139	129	134
Pension & Post-Retirement Benefits	-	300	251	201	243
Long-Term Deferred Tax Liabilities	-	304	322	319	296
Other Long-Term Liabilities	-	49	50	59	57
Total Liabilities	14	14,983	13,907	13,959	15,089
Common Stock	12	12	12	12	12
Additional Paid-In Capital	1,496	1,495	1,495	1,495	1,495
Retained Earnings	1,506	-1,280	-1,126	-1,286	-1,446
Treasury Stock	-183	-180	-160	-137	-16
Comprehensive Income & Other	-	-34	-32	-30	-29
Total Common Equity	2,831	13	189	54	16
Minority Interest	-	2,696	2,257	1,842	1,454
Shareholders' Equity	2,831	2,709	2,446	1,896	1,470
Total Liabilities & Equity	2,845	17,692	16,353	15,855	16,559
Total Debt	-	11,662	10,944	11,086	12,025
Net Cash (Debt)	2,844	-8,798	-9,057	-9,374	-9,893
Net Cash Per Share	27.35	-83.00	-85.44	-83.70	-85.28
Filing Date Shares Outstanding	105.11	104.16	105.66	107.26	114.04
Total Common Shares Outstanding	105.11	104.16	105.66	107.26	114.86
Working Capital	2,831	671	-91	-1	565
Book Value Per Share	26.93	0.12	1.79	0.50	0.14
Tangible Book Value	2,831	-3,390	-3,151	-3,254	-3,295
Tangible Book Value Per Share	26.93	-32.55	-29.82	-30.34	-28.69
Land	-	1,215	1,360	1,314	1,282
Buildings	-	13,532	13,153	12,753	12,342
Machinery	-	6,632	6,521	6,464	7,028

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