Averbuch Formica Center Ltd. (TLV: AVER)

Averbuch Formica Center Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2023	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	0.24	0.24	1.68	0.71	3.02	2.14
Short-Term Investments	0.03	0.03	-	-	-	-
Trading Asset Securities	0.04	0.04	0.04	0.03	0.02	0.02
Cash & Short-Term Investments	0.3	0.3	1.72	0.74	3.04	2.16
Cash Growth	-82.72%	-82.72%	131.67%	-75.62%	40.94%	-37.22%
Accounts Receivable	5.05	5.05	7.96	7.56	5.86	7.26
Other Receivables	2.65	2.65	2.58	12.97	5.16	1
Receivables	7.7	7.7	10.54	20.53	11.02	8.26
Inventory	9.35	9.35	8.49	7.68	5.6	5.58
Prepaid Expenses	0.1	0.1	0.06	0.17	-	0.18
Other Current Assets	0.6	0.6	2.13	1.86	1.17	0.81
Total Current Assets	18.05	18.05	22.94	30.98	20.83	16.98
Property, Plant & Equipment	2.43	2.43	3.7	4.73	6.41	6.33
Long-Term Investments	36.78	36.78	42.79	46.54	39.85	38.89
Goodwill	0.57	0.57	0.57	0.57	0.57	0.57
Long-Term Deferred Tax Assets	1.3	1.3	2.01	0.49	2.83	2.68
Other Long-Term Assets	22.7	22.7	23.75	24.75	26.57	27.68
Total Assets	97.46	97.46	111.95	124.23	113.24	109.41
Accounts Payable	0.69	0.69	1.32	1.64	0.92	1.3
Accrued Expenses	2.2	2.2	2.38	3.01	3.31	2.78
Short-Term Debt	7.61	7.61	14.83	9.62	4	4.96
Current Portion of Long-Term Debt	3.28	3.28	3.23	2.44	3.38	2.9
Current Portion of Leases	0.38	0.38	0.44	0.4	0.52	0.41
Current Unearned Revenue	4.83	4.83	4.91	4.83	4.83	4.31
Other Current Liabilities	1.73	1.73	1.58	1.66	4.21	0.89
Total Current Liabilities	20.73	20.73	28.7	23.61	21.17	17.53
Long-Term Debt	0.09	0.09	3.42	7.51	11.2	10.68
Long-Term Leases	0.05	0.05	0.43	0.47	1.01	0.97
Total Liabilities	22.74	22.74	34.69	33.97	36.13	32.4
Common Stock	14.19	14.19	14.19	14.19	14.19	14.19
Additional Paid-In Capital	35.68	35.68	35.68	35.68	35.34	35.34
Retained Earnings	41.26	41.26	43.81	56.81	43.65	43.55
Treasury Stock	-16.23	-16.23	-16.23	-16.23	-16.23	-16.23
Comprehensive Income & Other	-	-	-	-	0.35	0.35
Total Common Equity	74.9	74.9	77.45	90.45	77.29	77.2
Minority Interest	-0.19	-0.19	-0.19	-0.19	-0.19	-0.19
Shareholders' Equity	74.72	74.72	77.26	90.26	77.11	77.01
Total Liabilities & Equity	97.46	97.46	111.95	124.23	113.24	109.41
Total Debt	11.41	11.41	22.35	20.44	20.11	19.91
Net Cash (Debt)	-11.11	-11.11	-20.63	-19.7	-17.06	-17.75
Net Cash Per Share	-1.58	-1.58	-2.94	-2.81	-2.43	-2.53
Filing Date Shares Outstanding	7.02	7.02	7.02	7.02	7.02	7.02
Total Common Shares Outstanding	7.02	7.02	7.02	7.02	7.02	7.02
Working Capital	-2.68	-2.68	-5.76	7.37	-0.35	-0.55
Book Value Per Share	10.66	10.66	11.03	12.88	11.01	10.99
Tangible Book Value	74.33	74.33	76.87	89.88	76.72	76.62
Tangible Book Value Per Share	10.58	10.58	10.95	12.80	10.92	10.91
Land	3.02	3.02	3.02	3.02	3.02	3.02
Machinery	15.43	15.43	15.37	16.4	16.76	16.68

Source: S&P Capital IQ. Standard template. Financial Sources.