TLV:AZRM 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
Cash & Equivalents	188.93	192.08	122.79	274.56	507.28	228.3
Short-Term Investments	-	41.59	32.72	30.7	0.41	0.46
Cash & Short-Term Investments	188.93	233.67	155.52	305.26	507.69	228.76
Cash Growth	7.88%	50.26%	-49.05%	-39.87%	121.93%	20.09%
Accounts Receivable	1,265	796.69	346.51	93.2	179.3	189.13
Other Receivables	176.69	50.14	64.98	69.61	42.49	43.76
Receivables	1,514	847.5	413.05	165.39	224.65	235.69
Inventory	2,182	2,042	1,892	1,634	1,247	1,603
Prepaid Expenses	-	6.85	8.44	14.88	5	3.53
Restricted Cash	162.57	37.85	8.19	57.99	266.41	197.68
Other Current Assets	-	728.36	670.98	1,136	697.69	52.39
Total Current Assets	4,048	3,896	3,149	3,314	2,948	2,322
Property, Plant & Equipment	26.61	26.47	26.29	26.64	16.49	18.07
Long-Term Investments	316.8	358.14	360.64	453.95	471.53	381.74
Long-Term Deferred Charges	-	-	-	-	-	0.36
Other Long-Term Assets	3,426	3,238	3,176	2,973	2,108	1,232
Total Assets	7,991	7,688	6,859	6,920	5,661	4,068
Accounts Payable	272.99	299.35	209.9	212.67	145.19	176.15
Accrued Expenses	-	35.67	36.39	53.75	108.69	59.01
Short-Term Debt	1,944	1,010	470.1	211.09	284.85	325.52
Current Portion of Long-Term Debt	211.98	948.3	724.39	499.06	251.98	144.77
Current Income Taxes Payable	43.17	21.29	13.37	1.42	17.97	0.51
Current Unearned Revenue	406.28	596	838.63	1,313	1,176	507.98
Other Current Liabilities	747.13	643.38	545.88	666.11	361.29	189.71
Total Current Liabilities	3,626	3,554	2,839	2,957	2,346	1,404
Long-Term Debt	1,972	1,759	1,824	2,012	1,542	1,259
Pension & Post-Retirement Benefits	1.35	1.35	1.62	1.78	2.61	2.58
Long-Term Deferred Tax Liabilities	128.56	144.54	128.37	69.56	63.35	12.01
Total Liabilities	5,727	5,459	4,793	5,040	3,954	2,677
Common Stock	435.67	435.67	435.52	435.27	435.27	435.27
Additional Paid-In Capital	1,088	1,088	1,086	1,083	1,083	1,083
Retained Earnings	810.75	728.91	565.96	389.94	259.14	-63.52
Comprehensive Income & Other	-70.54	-22.95	-21.2	-28.96	-71.38	-64.49
Shareholders' Equity	2,264	2,230	2,067	1,880	1,706	1,391
Total Liabilities & Equity	7,991	7,688	6,859	6,920	5,661	4,068
Total Debt	4,128	3,717	3,018	2,722	2,079	1,729
Net Cash (Debt)	-3,939	-3,483	-2,863	-2,417	-1,571	-1,500
Net Cash Per Share	-18.68	-16.52	-13.58	-11.47	-7.45	-7.12
Filing Date Shares Outstanding	210.84	211.14	210.98	210.74	210.74	210.74
Total Common Shares Outstanding	210.84	211.14	210.98	210.74	210.74	210.74
Working Capital	422.37	342.56	309.93	356.69	601.87	917.88
Book Value Per Share	10.74	10.56	9.79	8.92	8.10	6.60
Tangible Book Value	2,264	2,230	2,067	1,880	1,706	1,391
Tangible Book Value Per Share	10.74	10.56	9.79	8.92	8.10	6.60
Buildings	-	55.98	55.71	55.03	54.61	54.57
Machinery	-	54.89	53.05	52.16	50.76	50.13
Leasehold Improvements	-	11.22	11.22	11.22	10.32	10.32

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