Afcon Holdings Balance Sheet

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

Millions ILS. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	213.57	282.64	176.65	185.04	222.67	472.51
Short-Term Investments	0.3	0.49	3.74	2.77	5.55	35.77
Cash & Short-Term Investments	213.87	283.13	180.39	187.81	228.22	508.28
Cash Growth	80.04%	56.96%	-3.95%	-17.71%	-55.10%	4.01%
Accounts Receivable	773.07	709.55	690.67	691.89	713.8	683.69
Other Receivables	14.45	52.86	63.45	53.14	51.68	32.31
Receivables	787.52	762.41	754.12	745.03	765.49	716
Inventory	197.08	197.02	188.41	193.94	169.76	105.18
Prepaid Expenses	-	14.05	15.14	6.88	9.36	5.2
Other Current Assets	-	14.45	14.6	15.69	15.2	9.7
Total Current Assets	1,198	1,271	1,153	1,149	1,188	1,344
Property, Plant & Equipment	172.08	183.43	174.3	161.3	179.61	153.77
Long-Term Investments	169.3	174.7	146.52	136.47	90.17	96.36
Goodwill	-	74.43	68.61	64.86	59.71	52.39
Other Intangible Assets	329.13	236.47	237.61	241.86	250.31	234.73
Long-Term Accounts Receivable	-	0.2	0.39	0.68	1.48	3.07
Long-Term Deferred Tax Assets	76.27	74.42	64.72	41.33	36.8	20.33
Long-Term Deferred Charges	-	27.51	31.21	34.93	39.55	34.68
Other Long-Term Assets	97.13	35.21	41.14	9.69	6.34	6.69
Total Assets	2,081	2,116	1,948	1,864	1,863	1,948

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Accounts Payable	552.5	271.66	269.31	253.29	283.01	323.02
Accrued Expenses	-	172.86	184.78	168.71	186.02	260.02
Short-Term Debt	-	79.75	136.9	155.39	99.71	10.64
Current Portion of Long-Term Debt	141.74	92.77	76.81	63.22	114.61	44.69
Current Portion of Leases	32.54	34.16	31.26	22.93	25.5	22.22
Current Unearned Revenue	114.71	108.91	148.58	187.62	143.85	110.83
Other Current Liabilities	-	50.39	70.41	73.29	71.67	85.65
Total Current Liabilities	841.49	810.49	918.05	924.45	924.36	857.06
Long-Term Debt	465.35	550.74	422.06	413.76	410.22	500
Long-Term Leases	27.95	34.37	27.36	21.84	20.3	14.17
Pension & Post-Retirement Benefits	6.11	5.94	6.7	6.34	5.58	5.8
Long-Term Deferred Tax Liabilities	18.05	10.38	8.63	10.84	11.32	6.11
Other Long-Term Liabilities	12.41	13.1	12	11.1	11.56	13.42
Total Liabilities	1,371	1,425	1,395	1,388	1,383	1,397

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Common Stock	29.6	29.39	29.12	28.88	28.88	28.88
Additional Paid-In Capital	272.64	232.63	161.95	136.87	133.57	133.55
Retained Earnings	413.16	416.33	359.37	299.57	307.98	386.42
Treasury Stock	-2.09	-2.09	-2.09	-2.09	-2.09	-2.09
Comprehensive Income & Other	-33.79	-15.95	-18.92	-12.36	-12.62	-11.5
Total Common Equity	679.51	660.32	529.42	450.87	455.72	535.26
Minority Interest	29.95	31.01	24.06	24.38	23.55	16.33
Shareholders' Equity	709.46	691.33	553.48	475.25	479.27	551.58
Total Liabilities & Equity	2,081	2,116	1,948	1,864	1,863	1,948

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Total Debt	667.58	791.78	694.39	677.14	670.34	591.72
Net Cash (Debt)	-453.71	-508.66	-514	-489.33	-442.12	-83.44
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-74.84	-89.55	-99.21	-96.57	-87.40	-16.50
Filing Date Shares Outstanding	5.97	5.57	5.3	5.06	5.06	5.06
Total Common Shares Outstanding	5.97	5.57	5.3	5.06	5.06	5.06
Working Capital	356.98	460.57	234.62	224.89	263.67	487.3
Book Value Per Share	113.80	118.57	99.83	89.09	90.05	105.76
Tangible Book Value	350.38	349.42	223.21	144.16	145.7	248.14
Tangible Book Value Per Share	58.68	62.75	42.09	28.48	28.79	49.03
Land	-	-	-	-	-	34.34
Buildings	-	141.95	140.1	139.35	154.5	101.92
Machinery	-	104.82	98.41	90.23	80.35	72.84