TLV:ARIN 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
Property, Plant & Equipment	157.76	2.55	2.2	2.41	2.73	2.2
Cash & Equivalents	114.64	216.82	127.23	29.17	88.32	125.74
Accounts Receivable	11.78	7.16	7.5	20.46	6.44	22.96
Other Receivables	30.8	29.83	12.22	13.97	41.76	22.82
Investment In Debt and Equity Securities	4.94	4.57	-	-	-	-
Other Current Assets	38.13	44.4	5.71	3.91	4.37	13.97
Other Long-Term Assets	2,910	2,877	2,282	1,710	1,607	1,058
Total Assets	3,288	3,182	2,437	1,780	1,751	1,246
Current Portion of Long-Term Debt	602.41	546.65	371.94	107.83	96.38	110.75
Current Portion of Leases	-	-	-	-	-	0.08
Long-Term Debt	1,092	992.1	868.74	674.28	671.44	485.87
Long-Term Leases	-	-	-	-	-	0.14
Accounts Payable	2.26	8.25	8.74	1.2	4.29	6.35
Accrued Expenses	-	28.58	16.4	9.91	11.87	13.32
Current Income Taxes Payable	0.18	2.78	1.14	7.66	16.31	4.14
Other Current Liabilities	112.08	137.31	19.84	8.51	7.91	43.88
Long-Term Deferred Tax Liabilities	205.06	205.76	180.98	137.17	131.22	123.31
Other Long-Term Liabilities	87.76	83.54	52.02	39.83	45.69	7.3
Total Liabilities	2,101	2,005	1,520	986.39	985.1	795.14
Common Stock	92.02	91.47	53.96	49.72	49.72	39.33
Additional Paid-In Capital	1,535	1,518	1,434	1,427	1,419	1,098
Retained Earnings	-461.73	-458.15	-594.06	-700.36	-734.25	-723.4
Treasury Stock	-	-	-	-9.1	-	-
Comprehensive Income & Other	43.24	47.41	49.13	52.44	55.96	61.25
Total Common Equity	1,209	1,199	942.87	819.68	790.56	475.3
Minority Interest	-22.04	-22.25	-25.92	-25.88	-24.92	-24.47
Shareholders' Equity	1,187	1,177	916.95	793.79	765.64	450.83
Total Liabilities & Equity	3,288	3,182	2,437	1,780	1,751	1,246
Total Debt	1,694	1,539	1,241	782.11	767.82	596.84
Net Cash (Debt)	-1,579	-1,322	-1,113	-752.95	-679.5	-471.1
Net Cash Per Share	-4.43	-4.05	-3.48	-2.38	-2.77	-3.27
Filing Date Shares Outstanding	359.12	359.46	322.35	318.11	318.11	214.26
Total Common Shares Outstanding	359.12	359.46	322.35	318.11	318.11	214.26
Book Value Per Share	3.37	3.34	2.92	2.58	2.49	2.22
Tangible Book Value	1,209	1,199	942.87	819.68	790.56	475.3
Tangible Book Value Per Share	3.37	3.34	2.92	2.58	2.49	2.22