TLV:AZRM Balance Sheet

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	135.56	192.08	122.79	274.56	507.28
Short-Term Investments	-	41.59	32.72	30.7	0.41
Cash & Short-Term Investments	135.56	233.67	155.52	305.26	507.69
Cash Growth	-41.98%	50.26%	-49.05%	-39.87%	121.93%
Accounts Receivable	1,313	796.69	346.51	93.2	179.3
Other Receivables	157.44	50.14	64.98	69.61	42.49
Receivables	1,548	847.5	413.05	165.39	224.65
Inventory	2,446	2,042	1,892	1,634	1,247
Prepaid Expenses	-	6.85	8.44	14.88	5
Restricted Cash	228.79	37.85	8.19	57.99	266.41
Other Current Assets	-	728.36	670.98	1,136	697.69
Total Current Assets	4,358	3,896	3,149	3,314	2,948
Property, Plant & Equipment	26.82	26.47	26.29	26.64	16.49
Long-Term Investments	323.72	358.14	360.64	453.95	471.53
Other Long-Term Assets	3,521	3,238	3,176	2,973	2,108
Total Assets	8,409	7,688	6,859	6,920	5,661
Accounts Payable	262.53	299.35	209.9	212.67	145.19
Accrued Expenses	-	35.67	36.39	53.75	108.69
Short-Term Debt	2,455	1,010	470.1	211.09	284.85
Current Portion of Long-Term Debt	326.78	948.3	724.39	499.06	251.98
Current Income Taxes Payable	5.7	21.29	13.37	1.42	17.97
Current Unearned Revenue	263.33	596	838.63	1,313	1,176
Other Current Liabilities	851.48	643.38	545.88	666.11	361.29
Total Current Liabilities	4,165	3,554	2,839	2,957	2,346
Long-Term Debt	1,681	1,759	1,824	2,012	1,542
Pension & Post-Retirement Benefits	0.78	1.35	1.62	1.78	2.61
Long-Term Deferred Tax Liabilities	194.39	144.54	128.37	69.56	63.35
Total Liabilities	6,041	5,459	4,793	5,040	3,954
Common Stock	435.67	435.67	435.52	435.27	435.27
Additional Paid-In Capital	-	1,088	1,086	1,083	1,083
Retained Earnings	935.86	728.91	565.96	389.94	259.14
Comprehensive Income & Other	996.26	-22.95	-21.2	-28.96	-71.38
Shareholders' Equity	2,368	2,230	2,067	1,880	1,706
Total Liabilities & Equity	8,409	7,688	6,859	6,920	5,661
Total Debt	4,463	3,717	3,018	2,722	2,079
Net Cash (Debt)	-4,327	-3,483	-2,863	-2,417	-1,571
Net Cash Per Share	-20.54	-16.52	-13.58	-11.47	-7.45
Filing Date Shares Outstanding	212.49	211.14	210.98	210.74	210.74
Total Common Shares Outstanding	212.49	211.14	210.98	210.74	210.74
Working Capital	193.69	342.56	309.93	356.69	601.87
Book Value Per Share	11.14	10.56	9.79	8.92	8.10
Tangible Book Value	2,368	2,230	2,067	1,880	1,706
Tangible Book Value Per Share	11.14	10.56	9.79	8.92	8.10
Buildings	-	55.98	55.71	55.03	54.61
Machinery	-	54.89	53.05	52.16	50.76
Leasehold Improvements	-	11.22	11.22	11.22	10.32

Source: S&P Global Market Intelligence. Standard template. Financial Sources.