B Communications Balance Sheet

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	927	896	644	754	998	894
Short-Term Investments	756	901	484	799	1,134	804
Trading Asset Securities	1,259	1,067	759	159	-	77
Cash & Short-Term Investments	2,942	2,864	1,887	1,712	2,132	1,775
Cash Growth	-10.06%	51.78%	10.22%	-19.70%	20.11%	-13.63%
Accounts Receivable	1,437	1,184	1,252	1,198	1,621	1,397
Other Receivables	247	327	324	494	482	371
Receivables	1,684	1,511	1,576	1,692	2,103	1,768
Inventory	101	162	82	85	74	73
Prepaid Expenses	-	58	67	37	36	33
Restricted Cash	-	18	-	-	-	-
Other Current Assets	11	92	5	15	-	10
Total Current Assets	4,738	4,705	3,617	3,541	4,345	3,659
Property, Plant & Equipment	9,122	8,922	8,698	8,288	8,140	7,935
Long-Term Investments	-	8	8	27	85	164
Goodwill	-	1,591	1,568	1,568	1,559	1,559
Other Intangible Assets	3,391	1,812	1,772	1,740	1,752	1,776
Long-Term Accounts Receivable	-	244	275	305	256	256
Long-Term Deferred Tax Assets	-	-	-	-	24	108
Long-Term Deferred Charges	548	17	15	13	18	37
Other Long-Term Assets	393	393	400	373	380	459
Total Assets	18,192	17,692	16,353	15,855	16,559	15,953
Accounts Payable	1,848	966	894	903	955	940
Accrued Expenses	321	832	737	795	891	910
Current Portion of Long-Term Debt	1,848	1,123	1,074	921	980	785
Current Portion of Leases	424	438	433	456	466	415
Current Income Taxes Payable	-	171	72	12	5	80
Current Unearned Revenue	-	293	224	171	158	168
Other Current Liabilities	655	211	274	284	325	267
Total Current Liabilities	5,096	4,034	3,708	3,542	3,780	3,565
Long-Term Debt	5,712	8,571	7,829	8,257	9,068	9,485
Long-Term Leases	1,523	1,530	1,608	1,452	1,511	1,492
Long-Term Unearned Revenue	-	195	139	129	134	147
Pension & Post-Retirement Benefits	274	300	251	201	243	335
Long-Term Deferred Tax Liabilities	328	304	322	319	296	290
Other Long-Term Liabilities	335	49	50	59	57	212
Total Liabilities	13,268	14,983	13,907	13,959	15,089	15,526
Common Stock	12	12	12	12	12	12
Additional Paid-In Capital	1,495	1,495	1,495	1,495	1,495	1,495
Retained Earnings	-82	-1,060	-1,126	-1,286	-1,446	-1,575
Treasury Stock	-183	-180	-160	-137	-16	-
Comprehensive Income & Other	-22	-34	-32	-30	-29	-39
Total Common Equity	1,220	233	189	54	16	-107
Minority Interest	3,704	2,476	2,257	1,842	1,454	534
Shareholders' Equity	4,924	2,709	2,446	1,896	1,470	427
Total Liabilities & Equity	18,192	17,692	16,353	15,855	16,559	15,953
Total Debt	9,507	11,662	10,944	11,086	12,025	12,177
Net Cash (Debt)	-6,565	-8,798	-9,057	-9,374	-9,893	-10,402
Net Cash Per Share	-62.83	-83.00	-85.44	-83.70	-85.28	-89.67
Filing Date Shares Outstanding	104.27	104.16	105.66	107.26	114.04	116.32
Total Common Shares Outstanding	104.27	104.16	105.66	107.26	114.86	116.32
Working Capital	-358	671	-91	-1	565	94
Book Value Per Share	11.70	2.24	1.79	0.50	0.14	-0.92
Tangible Book Value	-2,171	-3,170	-3,151	-3,254	-3,295	-3,442
Tangible Book Value Per Share	-20.82	-30.43	-29.82	-30.34	-28.69	-29.59
Land	-	1,215	1,360	1,314	1,282	808
Buildings	-	13,532	13,153	12,753	12,342	6,113
Machinery	-	6,632	6,521	6,464	7,028	8,508

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