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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	64.04	67.7	52.53	43.28	44.88	20.22
Cash & Short-Term Investments	64.04	67.7	52.53	43.28	44.88	20.22
Cash Growth	11.88%	28.86%	21.38%	-3.55%	121.99%	-7.94%
Accounts Receivable	235.62	126.04	118.9	115.63	93.9	94.14
Other Receivables	23.1	154.71	174.34	131.19	133.66	114.77
Receivables	258.72	280.75	293.24	246.82	227.56	208.91
Inventory	86.12	91.78	76.75	72.29	70.1	62.14
Prepaid Expenses	-	8.71	8.82	10.83	6.12	9.05
Other Current Assets	-	0.46	0.43	0.86	2.19	0.44
Total Current Assets	408.88	449.4	431.78	374.08	350.84	300.76
Property, Plant & Equipment	33.86	33.67	40.79	45.55	33.03	30.07
Long-Term Investments	13.74	14.4	12.88	15.4	16.02	29.97
Goodwill	-	1.98	1.98	1.98	1.98	1.98
Other Intangible Assets	24.49	-	-	-	-	-
Long-Term Accounts Receivable	0.84	1.16	2.79	4.22	5.5	8.34
Long-Term Deferred Tax Assets	15.08	17.2	15.79	13.8	13.24	11.46
Long-Term Deferred Charges	-	21.69	17.39	18.49	23.47	27.53
Other Long-Term Assets	0.42	0.42	0.37	0.38	0.37	0.4
Total Assets	497.3	539.92	523.77	473.89	444.46	410.5
Accounts Payable	69.24	66.85	80.12	54.76	68.9	44.57
Accrued Expenses	-	144	107.97	79.05	67.94	49.75
Short-Term Debt	54.82	113.67	115.32	132.97	178.52	168.18
Current Portion of Long-Term Debt	-	0.77	8.45	5.69	5.61	15.82
Current Portion of Leases	10.18	10.21	11.29	12.14	8.42	8.15
Current Unearned Revenue	6.4	15.6	14.21	10.9	8.99	10.16
Other Current Liabilities	166.62	3.1	7.25	10.16	3.71	2.34
Total Current Liabilities	307.26	354.2	344.61	305.67	342.08	298.97
Long-Term Debt	0.77	0.96	30.51	38.54	0.5	7.08
Long-Term Leases	12.79	13.34	20.01	27.64	17.75	13.16
Long-Term Unearned Revenue	0.1	0.27	1.05	1.78	2.45	2.8
Pension & Post-Retirement Benefits	5.33	5.28	4.84	5.1	4.76	4.86
Long-Term Deferred Tax Liabilities	0.81	1.33	1.57	0.77	0.16	2.8
Total Liabilities	327.06	375.37	402.58	379.49	367.7	329.67
Common Stock	20.3	20.12	20.08	19.97	19.97	19.97
Additional Paid-In Capital	190.07	190.01	189.92	189.82	189.82	189.82
Retained Earnings	73.17	63.18	21.82	-13.09	-29.79	-25.17
Treasury Stock	-23.4	-23.4	-23.4	-23.4	-23.4	-23.4
Comprehensive Income & Other	-89.9	-85.37	-87.23	-78.91	-79.84	-80.4
Total Common Equity	170.24	164.55	121.19	94.4	76.76	80.83
Shareholders' Equity	170.24	164.55	121.19	94.4	76.76	80.83
Total Liabilities & Equity	497.3	539.92	523.77	473.89	444.46	410.5
Total Debt	78.56	138.94	185.58	216.97	210.8	212.39
Net Cash (Debt)	-14.52	-71.24	-133.05	-173.69	-165.92	-192.17
Net Cash Per Share	-1.07	-5.22	-9.90	-13.24	-12.75	-14.76
Filing Date Shares Outstanding	13.34	13.1	12.95	13.01	13.01	13.01
Total Common Shares Outstanding	13.34	13.1	12.95	13.01	13.01	13.01
Working Capital	101.62	95.2	87.17	68.41	8.76	1.79
Book Value Per Share	12.76	12.56	9.36	7.48	5.82	5.54
Tangible Book Value	145.76	162.56	119.21	92.41	74.78	78.84
Tangible Book Value Per Share	10.93	12.41	9.21	7.32	5.67	5.40
Land	-	2.57	3	2.97	2.88	2.58
Machinery	-	26.37	24.19	52.32	49.38	57.1
Leasehold Improvements	-	6.96	6.7	6.25	11.67	19.9