Aspen Group 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	2,999	2,996	2,749	4,766	4,415	3,751
Cash & Equivalents	153.82	165.92	142.24	286.02	388.83	276.36
Accounts Receivable	28.02	17.31	9.22	7.59	6.87	6.93
Other Receivables	21.28	11.75	7.98	26.46	17.08	12.06
Investment In Debt and Equity Securities	288.09	-	-	-	-	-
Loans Receivable Current	-	27.47	10.92	23.22	-	-
Restricted Cash	0.58	7.17	0.14	5.91	9.03	-
Other Current Assets	14.78	88.48	287.38	25.09	296.69	135.31
Trading Asset Securities	-	205	26.78	28.9	37.37	92.3
Deferred Long-Term Tax Assets	-	-	-	-	10.69	10.82
Other Long-Term Assets	165.41	166.48	290.85	106.15	170.86	86.67
Total Assets	3,671	3,685	3,525	5,275	5,352	4,371
Current Portion of Long-Term Debt	456.92	541.31	467.69	463.65	352.51	73.82
Current Portion of Leases	1.53	1.54	1.68	2.02	1.96	2.43
Long-Term Debt	1,945	1,802	1,805	2,724	2,666	2,315
Long-Term Leases	110.6	110.51	35.59	40.28	37.31	39.75
Accounts Payable	22.53	24.11	10.49	16.59	15.72	12.62
Accrued Expenses	-	25.22	21.55	31.19	30.45	28.36
Current Income Taxes Payable	43.85	42.66	32.68	51.25	58.08	43.59
Current Unearned Revenue	-	28.34	9.32	13.66	24.54	19.57
Other Current Liabilities	52.77	10.6	12	13.79	130.91	40.46
Long-Term Deferred Tax Liabilities	62.63	63.27	48.24	244.17	284.45	238.23
Other Long-Term Liabilities	7.35	8.06	18.1	31.18	30.79	14.88
Total Liabilities	2,703	2,677	2,586	3,718	3,733	2,984
Common Stock	0.68	0.68	0.68	0.66	0.66	0.66
Additional Paid-In Capital	321.92	321.78	308.39	293.72	293.5	291.12
Retained Earnings	354.16	374.21	366.02	461.87	543.6	531.52
Treasury Stock	-31.36	-31.36	-31.17	-31.17	-14.92	-16.87
Comprehensive Income & Other	-70.52	-56.39	-71.3	-3.78	-34.92	-83.86
Total Common Equity	574.88	608.92	572.62	721.31	787.94	722.57
Minority Interest	393.09	399.07	366.36	835.77	831.21	664.94
Shareholders' Equity	967.96	1,008	938.98	1,557	1,619	1,388
Total Liabilities & Equity	3,671	3,685	3,525	5,275	5,352	4,371
Total Debt	2,514	2,475	2,433	3,316	3,158	2,586
Net Cash (Debt)	-2,360	-2,104	-2,264	-3,001	-2,732	-2,217
Net Cash Per Share	-37.38	-33.33	-35.95	-48.39	-42.48	-34.91
Filing Date Shares Outstanding	63.13	65.47	63.15	61.45	62.37	63.35
Total Common Shares Outstanding	63.13	65.47	63.15	61.45	63.53	62.85
Book Value Per Share	9.11	9.30	9.07	11.74	12.40	11.50
Tangible Book Value	574.88	608.92	572.62	721.31	787.94	722.57
Tangible Book Value Per Share	9.11	9.30	9.07	11.74	12.40	11.50
Land	-	-	-	19.05	19.25	18.05
Buildings	-	-	-	19.97	19.92	10.17
Construction In Progress	-	505.99	327.6	1,855	1,540	1,076