TLV:BEZQ Balance Sheet

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

Millions ILS. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Cash & Equivalents	622	643	784	563	741	973
Short-Term Investments	824	1,612	873	455	744	954
Trading Asset Securities	-	570	1,035	745	151	-
Cash & Short-Term Investments	1,446	2,825	2,692	1,763	1,636	1,927
Cash Growth	-49.70%	4.94%	52.69%	7.76%	-15.10%	23.21%
Accounts Receivable	1,486	1,443	1,395	1,477	1,440	1,859
Other Receivables	180	156	116	99	252	244
Receivables	1,666	1,599	1,511	1,576	1,692	2,103
Inventory	132	98	162	82	85	74
Prepaid Expenses	-	55	56	63	36	35
Other Current Assets	-	5	92	5	15	-
Total Current Assets	3,244	4,582	4,513	3,489	3,464	4,139
Property, Plant & Equipment	9,308	9,354	9,076	8,873	8,480	8,353
Long-Term Investments	-	14	8	-	-	5
Goodwill	-	377	373	350	350	341
Other Intangible Assets	1,486	976	537	476	427	418
Long-Term Accounts Receivable	428	232	244	275	305	256
Long-Term Deferred Tax Assets	-	-	-	-	-	24
Long-Term Deferred Charges	336	8	17	15	13	18
Other Long-Term Assets	-	395	393	400	373	380
Total Assets	14,802	15,938	15,161	13,878	13,412	13,934

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Accounts Payable	1,918	1,020	965	892	901	955
Accrued Expenses	392	1,015	813	731	789	884
Current Portion of Long-Term Debt	1,011	992	1,123	1,074	921	980
Current Portion of Leases	459	425	438	433	456	466
Current Income Taxes Payable	-	-	171	72	12	5
Current Unearned Revenue	-	281	293	224	171	158
Other Current Liabilities	95	301	211	254	284	325
Total Current Liabilities	3,875	4,034	4,014	3,680	3,534	3,773
Long-Term Debt	5,979	6,818	6,523	5,889	6,352	7,082
Long-Term Leases	1,579	1,530	1,530	1,608	1,452	1,511
Long-Term Unearned Revenue	-	269	195	139	-	-
Pension & Post-Retirement Benefits	225	219	300	251	201	243
Long-Term Deferred Tax Liabilities	94	56	46	64	61	38
Other Long-Term Liabilities	440	57	49	50	188	191
Total Liabilities	12,192	12,983	12,657	11,681	11,788	12,838

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Common Stock	3,859	3,887	3,882	3,879	3,878	3,878
Additional Paid-In Capital	189	398	393	387	384	384
Retained Earnings	-1,847	-1,742	-2,180	-2,466	-3,035	-3,557
Comprehensive Income & Other	407	410	407	396	396	391
Total Common Equity	2,608	2,953	2,502	2,196	1,623	1,096
Minority Interest	2	2	2	1	1	-
Shareholders' Equity	2,610	2,955	2,504	2,197	1,624	1,096
Total Liabilities & Equity	14,802	15,938	15,161	13,878	13,412	13,934

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Total Debt	9,028	9,765	9,614	9,004	9,181	10,039
Net Cash (Debt)	-7,582	-6,940	-6,922	-7,241	-7,545	-8,112
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.73	-2.50	-2.50	-2.62	-2.73	-2.93
Filing Date Shares Outstanding	2,900	2,775	2,770	2,849	2,766	2,765
Total Common Shares Outstanding	2,900	2,775	2,770	2,767	2,766	2,765
Working Capital	-631	548	499	-191	-70	366
Book Value Per Share	0.90	1.06	0.90	0.79	0.59	0.40
Tangible Book Value	1,122	1,600	1,592	1,370	846	337
Tangible Book Value Per Share	0.39	0.58	0.57	0.50	0.31	0.12
Land	-	1,223	1,215	1,360	1,314	1,282
Machinery	-	6,706	6,632	6,521	6,464	7,028