Africa Israel Residences 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	148.06	144.25	140.39	103.93	171.09	103.47
Trading Asset Securities	45.24	177.92	200.61	240.92	255.38	214.72
Cash & Short-Term Investments	193.3	322.17	341.01	344.85	426.47	318.19
Cash Growth	-53.99%	-5.52%	-1.11%	-19.14%	34.03%	36.21%
Accounts Receivable	490.85	501.26	367.65	211.3	319.84	499.96
Other Receivables	134.3	59	86.44	48.56	67.36	83.47
Receivables	625.15	579.57	474.14	259.86	397.31	583.55
Inventory	1,286	1,328	796.77	667.32	877.75	700.14
Restricted Cash	161.45	73.28	56.52	112.28	316.39	68.72
Other Current Assets	-	236.15	100.27	254.84	152.75	21.62
Total Current Assets	2,266	2,539	1,769	1,639	2,171	1,692
Property, Plant & Equipment	4.11	3.72	3.93	3.04	4.25	3.68
Long-Term Investments	497.84	510.21	453.63	-	386.79	353.47
Goodwill	9.56	11.95	15.54	-	19.68	25.14
Long-Term Deferred Tax Assets	-	-	-	-	2.98	2.97
Other Long-Term Assets	2,051	1,496	1,519	1,829	1,478	1,748
Total Assets	4,829	4,577	3,775	3,471	4,077	3,839
Accounts Payable	119.1	121.1	119.32	59.67	51.69	130.96
Accrued Expenses	-	19.48	17.88	-	32.35	19.44
Short-Term Debt	1,030	108.06	88.17	743.87	1.47	0.4
Current Portion of Long-Term Debt	-	939.51	738.14	-	1,123	1,098
Current Portion of Leases	-	0.86	0.83	-	0.76	0.75
Current Income Taxes Payable	44.28	27.66	7.1	14.94	-	-
Current Unearned Revenue	207.42	331.27	346.73	229.16	202.8	92.3
Other Current Liabilities	350.23	410.91	207.87	257.44	180.98	149.49
Total Current Liabilities	1,751	1,959	1,526	1,305	1,593	1,491
Long-Term Debt	923.37	537.83	675.1	754.05	1,166	1,143
Long-Term Leases	-	10.48	10.13	-	9.31	9.84
Pension & Post-Retirement Benefits	2.12	2.59	2.81	2.66	4.03	2.98
Long-Term Deferred Tax Liabilities	142.95	122.82	95.31	41.38	57.88	75.25
Total Liabilities	2,820	2,633	2,309	2,103	2,830	2,722
Common Stock	12.67	12.66	12.64	12.64	12.64	12.64
Additional Paid-In Capital	228.96	228.96	228.96	228.96	228.96	228.96
Retained Earnings	1,423	1,362	1,224	1,127	1,005	875.23
Comprehensive Income & Other	261.83	261.83	-	-	-	-
Total Common Equity	1,926	1,865	1,466	1,368	1,247	1,117
Minority Interest	82.88	78.97	-	-	-	-
Shareholders' Equity	2,009	1,944	1,466	1,368	1,247	1,117
Total Liabilities & Equity	4,829	4,577	3,775	3,471	4,077	3,839
Total Debt	1,954	1,597	1,512	1,498	2,301	2,252
Net Cash (Debt)	-1,760	-1,275	-1,171	-1,153	-1,874	-1,934
Net Cash Per Share	-138.05	-100.40	-92.64	-91.20	-148.23	-152.94
Filing Date Shares Outstanding	12.67	12.66	12.64	12.64	12.64	12.64
Total Common Shares Outstanding	12.67	12.66	12.64	12.64	12.64	12.64
Working Capital	514.37	580.49	242.67	334.07	577.89	200.89
Book Value Per Share	152.07	147.39	115.93	108.21	98.60	88.33
Tangible Book Value	1,917	1,853	1,450	1,368	1,227	1,092
Tangible Book Value Per Share	151.32	146.45	114.70	108.21	97.04	86.34

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