C. Mer Industries 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	35.45	52.53	43.28	44.88	20.22	21.96
Cash & Short-Term Investments	35.45	52.53	43.28	44.88	20.22	21.96
Cash Growth	-6.28%	21.38%	-3.55%	121.99%	-7.94%	-34.36%
Accounts Receivable	268.68	118.9	115.63	93.9	94.14	104.38
Other Receivables	24.57	174.34	131.19	133.66	114.77	122.48
Receivables	293.25	293.24	246.82	227.56	208.91	226.86
Inventory	93.47	76.75	72.29	70.1	62.14	66.8
Prepaid Expenses	-	8.82	10.83	6.12	9.05	6.77
Other Current Assets	-	0.43	0.86	2.19	0.44	-
Total Current Assets	422.17	431.78	374.08	350.84	300.76	322.38
Property, Plant & Equipment	29.46	40.79	45.55	33.03	30.07	38.16
Long-Term Investments	13.7	12.88	15.4	16.02	29.97	30.88
Goodwill	-	1.98	1.98	1.98	1.98	1.98
Other Intangible Assets	22.04	-	-	-	-	-
Long-Term Accounts Receivable	1.53	2.79	4.22	5.5	8.34	7.81
Long-Term Deferred Tax Assets	16.73	15.79	13.8	13.24	11.46	11.67
Long-Term Deferred Charges	-	17.39	18.49	23.47	27.53	31.32
Other Long-Term Assets	0.4	0.37	0.38	0.37	0.4	0.38
Total Assets	506.04	523.77	473.89	444.46	410.5	444.58
Accounts Payable	69.4	80.12	54.76	68.9	44.57	58.58
Accrued Expenses	-	107.97	79.05	67.94	49.75	39.7
Short-Term Debt	104.29	115.32	132.97	178.52	168.18	164.71
Current Portion of Long-Term Debt	-	8.45	5.69	5.61	15.82	23.2
Current Portion of Leases	9.18	11.29	12.14	8.42	8.15	9.9
Current Unearned Revenue	8.2	14.21	10.9	8.99	10.16	9.53
Other Current Liabilities	139.48	7.25	10.16	3.71	2.34	1.87
Total Current Liabilities	330.55	344.61	305.67	342.08	298.97	307.48
Long-Term Debt	9.14	30.51	38.54	0.5	7.08	21.69
Long-Term Leases	11.78	20.01	27.64	17.75	13.16	16.7
Long-Term Unearned Revenue	0.45	1.05	1.78	2.45	2.8	3.55
Pension & Post-Retirement Benefits	5.26	4.84	5.1	4.76	4.86	5.86
Long-Term Deferred Tax Liabilities	1.41	1.57	0.77	0.16	2.8	6.14
Total Liabilities	358.58	402.58	379.49	367.7	329.67	361.42
Common Stock	20.1	20.08	19.97	19.97	19.97	19.97
Additional Paid-In Capital	189.96	189.92	189.82	189.82	189.82	189.82
Retained Earnings	48.84	21.82	-13.09	-29.79	-25.17	-28.65
Treasury Stock	-23.4	-23.4	-23.4	-23.4	-23.4	-23.4
Comprehensive Income & Other	-88.03	-87.23	-78.91	-79.84	-80.4	-74.58
Total Common Equity	147.46	121.19	94.4	76.76	80.83	83.16
Shareholders' Equity	147.46	121.19	94.4	76.76	80.83	83.16
Total Liabilities & Equity	506.04	523.77	473.89	444.46	410.5	444.58
Total Debt	134.38	185.58	216.97	210.8	212.39	236.19
Net Cash (Debt)	-98.93	-133.05	-173.69	-165.92	-192.17	-214.24
Net Cash Per Share	-7.27	-9.90	-13.24	-12.75	-14.76	-16.47
Filing Date Shares Outstanding	13.07	12.95	12.62	13.01	13.01	13.01
Total Common Shares Outstanding	13.07	12.95	12.62	13.01	13.01	13.01
Working Capital	91.62	87.17	68.41	8.76	1.79	14.9
Book Value Per Share	11.28	9.36	7.48	5.82	5.54	6.32
Tangible Book Value	125.42	119.21	92.41	74.78	78.84	81.18
Tangible Book Value Per Share	9.59	9.21	7.32	5.67	5.40	6.17
Land	-	3	2.97	2.88	2.58	2.65
Machinery	-	24.19	52.32	49.38	57.1	73.59
Leasehold Improvements	-	6.7	6.25	11.67	19.9	19.75

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.