Ashdod Refinery Balance Sheet

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

Millions USD. 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	208	289	257	225	31	39.22
Cash & Short-Term Investments	208	289	257	225	31	39.22
Cash Growth	-17.79%	12.45%	14.22%	625.81%	-20.97%	-
Accounts Receivable	72	193	134	111	106	59.16
Other Receivables	166	-	7	1	34	18.97
Receivables	238	193	141	112	140	78.45
Inventory	460	230	280	294	351	221.84
Prepaid Expenses	-	6	6	5	9	6.75
Other Current Assets	7	16	14	19	11	5.47
Total Current Assets	913	734	698	655	542	351.73
Property, Plant & Equipment	638	640	679	710	810	851.04
Other Intangible Assets	1	1	1	1	1	1.29
Long-Term Deferred Tax Assets	19	9	-	-	7	20.26
Other Long-Term Assets	15	15	12	11	11	13.18
Total Assets	1,586	1,399	1,390	1,377	1,371	1,238
Accounts Payable	695	519	552	486	522	493.2
Accrued Expenses	-	21	14	13	25	9.65
Short-Term Debt	36	-	-	22	311	81.99
Current Portion of Long-Term Debt	-	36	26	-	-	-
Current Portion of Leases	10	9	9	5	5	5.14
Other Current Liabilities	109	33	7	27	10	141.79
Total Current Liabilities	850	618	608	553	873	731.76
Long-Term Debt	256	254	254	199	-	-
Long-Term Leases	11	13	19	14	17	20.58
Pension & Post-Retirement Benefits	19	19	14	15	17	21.22
Long-Term Deferred Tax Liabilities	-	-	4	16	-	-
Other Long-Term Liabilities	18	18	15	15	15	16.08
Total Liabilities	1,154	922	914	812	922	789.63
Additional Paid-In Capital	322	322	322	322	286	420.86
Retained Earnings	53	98	97	186	69	116.07
Comprehensive Income & Other	57	57	57	57	94	-88.74
Shareholders' Equity	432	477	476	565	449	448.19
Total Liabilities & Equity	1,586	1,399	1,390	1,377	1,371	1,238
Total Debt	313	312	308	240	333	107.71
Net Cash (Debt)	-105	-23	-51	-15	-302	-68.48
Net Cash Per Share	-8.55	-1.84	-4.08	-1.20	-26.86	-6.09
Filing Date Shares Outstanding	12.5	12.49	12.49	12.49	0.02	11.24
Total Common Shares Outstanding	12.5	12.49	12.49	12.49	0.02	11.24
Working Capital	63	116	90	102	-331	-380.03
Book Value Per Share	34.56	38.18	38.10	45.22	25395.93	39.86
Tangible Book Value	431	476	475	564	448	446.9
Tangible Book Value Per Share	34.48	38.10	38.02	45.14	25339.37	39.74
Land	-	-	-	96	103	114.46
Buildings	-	100	100	-	-	-
Machinery	-	1,445	1,429	1,402	1,450	1,541
Construction In Progress	-	83	70	77	123	111.24