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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	243	212.24	144.25	140.39	103.93	171.09
Trading Asset Securities	39.51	41.5	177.92	200.61	240.92	255.38
Cash & Short-Term Investments	282.52	253.74	322.17	341.01	344.85	426.47
Cash Growth	51.76%	-21.24%	-5.52%	-1.11%	-19.14%	34.03%
Accounts Receivable	561.69	492.45	501.26	367.65	211.3	319.84
Other Receivables	164.47	126.19	59	86.44	48.56	67.36
Receivables	726.17	637.68	579.57	474.14	259.86	397.31
Inventory	1,505	1,490	1,328	796.77	667.32	877.75
Restricted Cash	149.87	37.97	73.28	56.52	112.28	316.39
Other Current Assets	-	116.41	236.15	100.27	254.84	152.75
Total Current Assets	2,664	2,536	2,539	1,769	1,639	2,171
Property, Plant & Equipment	4.29	4.2	3.72	3.93	3.04	4.25
Long-Term Investments	536.96	528.94	510.21	453.63	-	386.79
Goodwill	8.76	8.96	11.95	15.54	-	19.68
Long-Term Deferred Tax Assets	-	-	-	-	-	2.98
Other Long-Term Assets	2,172	1,925	1,496	1,519	1,829	1,478
Total Assets	5,386	5,019	4,577	3,775	3,471	4,077
Accounts Payable	98.74	152.25	121.1	119.32	59.67	51.69
Accrued Expenses	-	18.57	19.23	17.88	-	32.35
Short-Term Debt	1,681	955.32	735.06	88.17	743.87	1.47
Current Portion of Long-Term Debt	-	203.95	312.51	738.14	-	1,123
Current Portion of Leases	-	0.88	0.86	0.83	-	0.76
Current Income Taxes Payable	21.28	18.12	27.66	7.1	14.94	-
Current Unearned Revenue	124.84	160.92	331.27	346.73	229.16	202.8
Other Current Liabilities	442.69	341.32	411.16	207.87	257.44	180.98
Total Current Liabilities	2,369	1,851	1,959	1,526	1,305	1,593
Long-Term Debt	771.65	927.33	537.83	675.1	754.05	1,166
Long-Term Leases	-	10.72	10.48	10.13	-	9.31
Pension & Post-Retirement Benefits	2.16	2.44	2.59	2.81	2.66	4.03
Long-Term Deferred Tax Liabilities	148.08	151.99	122.82	95.31	41.38	57.88
Total Liabilities	3,290	2,944	2,633	2,309	2,103	2,830
Common Stock	12.67	12.67	12.66	12.64	12.64	12.64
Additional Paid-In Capital	228.96	228.96	228.96	228.96	228.96	228.96
Retained Earnings	1,508	1,488	1,362	1,224	1,127	1,005
Comprehensive Income & Other	261.83	261.83	261.83	-	-	-
Total Common Equity	2,011	1,992	1,865	1,466	1,368	1,247
Minority Interest	84.2	83.57	78.97	-	-	-
Shareholders' Equity	2,096	2,075	1,944	1,466	1,368	1,247
Total Liabilities & Equity	5,386	5,019	4,577	3,775	3,471	4,077
Total Debt	2,453	2,098	1,597	1,512	1,498	2,301
Net Cash (Debt)	-2,170	-1,844	-1,275	-1,171	-1,153	-1,874
Net Cash Per Share	-170.02	-144.65	-100.40	-92.64	-91.20	-148.23
Filing Date Shares Outstanding	12.67	12.67	12.66	12.64	12.64	12.64
Total Common Shares Outstanding	12.67	12.67	12.66	12.64	12.64	12.64
Working Capital	295.17	684.54	580.49	242.67	334.07	577.89
Book Value Per Share	158.77	157.22	147.39	115.93	108.21	98.60
Tangible Book Value	2,003	1,983	1,853	1,450	1,368	1,227
Tangible Book Value Per Share	158.08	156.51	146.45	114.70	108.21	97.04