TLV:ARIN 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
Property, Plant & Equipment	2.21	2.2	2.41	2.73	2.2	2.04
Cash & Equivalents	31.24	127.23	29.17	88.32	125.74	23.97
Accounts Receivable	7.02	7.5	20.46	6.44	22.96	22.39
Other Receivables	7.49	11.63	13.97	41.76	22.82	4.81
Investment In Debt and Equity Securities	4.23	-	-	-	-	-
Other Current Assets	38.13	6.31	3.91	4.37	13.97	6.45
Other Long-Term Assets	2,412	2,271	1,710	1,607	1,058	782.53
Total Assets	2,519	2,425	1,780	1,751	1,246	842.19
Current Portion of Long-Term Debt	458.02	371.94	107.83	96.38	110.75	197.65
Current Portion of Leases	-	-	-	-	0.08	0.13
Long-Term Debt	879.25	868.74	674.28	671.44	485.87	437.01
Long-Term Leases	-	-	-	-	0.14	-
Accounts Payable	2.9	8.74	1.2	4.29	6.35	3.73
Accrued Expenses	-	16.4	9.91	11.87	13.32	19.93
Current Income Taxes Payable	0.86	1.14	7.66	16.31	4.14	28.34
Other Current Liabilities	37.22	8.57	8.51	7.91	43.88	0.64
Long-Term Deferred Tax Liabilities	176.1	180.98	137.17	131.22	123.31	78.04
Other Long-Term Liabilities	49.74	52.02	39.83	45.69	7.3	2.42
Total Liabilities	1,604	1,509	986.39	985.1	795.14	767.89
Common Stock	53.96	53.96	49.72	49.72	39.33	32.12
Additional Paid-In Capital	1,434	1,434	1,427	1,419	1,098	936.28
Retained Earnings	-596.58	-594.06	-700.36	-734.25	-723.4	-985.71
Treasury Stock	-0.9	-	-9.1	-	-	-
Comprehensive Income & Other	52.14	49.13	52.44	55.96	61.25	117.78
Total Common Equity	942.45	942.87	819.68	790.56	475.3	100.47
Minority Interest	-27.66	-25.92	-25.88	-24.92	-24.47	-26.17
Shareholders' Equity	914.78	916.95	793.79	765.64	450.83	74.3
Total Liabilities & Equity	2,519	2,425	1,780	1,751	1,246	842.19
Total Debt	1,337	1,241	782.11	767.82	596.84	634.78
Net Cash (Debt)	-1,306	-1,113	-752.95	-679.5	-471.1	-610.81
Net Cash Per Share	-4.08	-3.48	-2.38	-2.77	-3.27	-4.30
Filing Date Shares Outstanding	322.19	322.35	318.11	318.11	214.26	142.09
Total Common Shares Outstanding	322.19	322.35	318.11	318.11	214.26	142.09
Book Value Per Share	2.93	2.92	2.58	2.49	2.22	0.71
Tangible Book Value	942.45	942.87	819.68	790.56	475.3	100.47
Tangible Book Value Per Share	2.93	2.92	2.58	2.49	2.22	0.71

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.