Cellcom Israel Ltd. (TLV:CEL)

Cellcom Israel Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	371	473	773	644	719
Short-Term Investments	25	24	143	23	429
Cash & Short-Term Investments	396	497	916	667	1,148
Cash Growth	-20.32%	-45.74%	37.33%	-41.90%	-22.38%
Accounts Receivable	883	914	869	927	985
Other Receivables	14	15	20	12	2
Receivables	897	929	889	939	987
Inventory	150	114	117	88	73
Prepaid Expenses	25	22	24	35	29
Other Current Assets	90	73	66	71	62
Total Current Assets	1,558	1,635	2,012	1,800	2,299
Property, Plant & Equipment	2,154	2,153	2,145	2,006	2,028
Long-Term Investments	114	129	131	134	131
Goodwill	1,563	1,563	1,563	1,563	1,563
Other Intangible Assets	545	582	591	566	625
Long-Term Accounts Receivable	174	170	184	158	176
Long-Term Deferred Tax Assets	4	5	5	5	-
Long-Term Deferred Charges	364	353	340	327	315
Other Long-Term Assets	28	30	27	11	20
Total Assets	6,504	6,620	6,998	6,570	7,157
Accounts Payable	478	486	474	384	334
Accrued Expenses	578	563	547	596	642
Short-Term Debt	200	-	-	-	-
Current Portion of Long-Term Debt	497	596	587	383	514
Current Portion of Leases	185	185	185	184	214
Current Income Taxes Payable	4	1	4	7	-
Current Unearned Revenue	40	48	44	43	41
Other Current Liabilities	101	102	83	113	184
Total Current Liabilities	2,083	1,981	1,924	1,710	1,929
Long-Term Debt	1,348	1,739	2,317	2,373	2,773
Long-Term Leases	430	470	521	478	457
Long-Term Unearned Revenue	-	-	-	1	2
Long-Term Deferred Tax Liabilities	149	112	66	45	36
Other Long-Term Liabilities	29	41	56	29	69
Total Liabilities	4,052	4,357	4,894	4,649	5,277
Common Stock	2	2	2	2	2
Additional Paid-In Capital	792	792	792	792	792
Retained Earnings	1,658	1,469	1,310	1,128	1,088
Comprehensive Income & Other	-	-	-	-1	-2
Total Common Equity	2,452	2,263	2,104	1,921	1,880
Shareholders' Equity	2,452	2,263	2,104	1,921	1,880
Total Liabilities & Equity	6,504	6,620	6,998	6,570	7,157
Total Debt	2,660	2,990	3,610	3,418	3,958
Net Cash (Debt)	-2,264	-2,493	-2,694	-2,751	-2,810
Net Cash Per Share	-13.62	-15.04	-16.21	-16.81	-18.28
Filing Date Shares Outstanding	164.19	162.99	165.29	162.78	153.75
Total Common Shares Outstanding	164.19	162.99	165.29	162.78	153.75
Working Capital	-525	-346	88	90	370
Book Value Per Share	14.93	13.88	12.73	9.55	11.78
Tangible Book Value	344	118	-50	-208	-308
Tangible Book Value Per Share	2.10	0.72	-0.30	-1.03	-1.93
Machinery	787	743	650	764	713
Leasehold Improvements	40	42	46	65	63

Updated Mar 19, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.