C. Mer Industries Balance Sheet

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	67.7	52.53	43.28	44.88	20.22
Cash & Short-Term Investments	67.7	52.53	43.28	44.88	20.22
Cash Growth	28.86%	21.38%	-3.55%	121.99%	-7.94%
Accounts Receivable	126.04	118.9	115.63	93.9	94.14
Other Receivables	154.71	174.34	131.19	133.66	114.77
Receivables	280.75	293.24	246.82	227.56	208.91
Inventory	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	449.4	431.78	374.08	350.84	300.76
Property, Plant & Equipment	33.67	40.79	45.55	33.03	30.07
Long-Term Investments	14.4	12.88	15.4	16.02	29.97
Goodwill	1.98	1.98	1.98	1.98	1.98
Long-Term Accounts Receivable	1.16	2.79	4.22	5.5	8.34
Long-Term Deferred Tax Assets	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	0.37	0.38	0.37	0.4
Total Assets	539.92	523.77	473.89	444.46	410.5
Accounts Payable	66.85	80.12	54.76	68.9	44.57
Accrued Expenses	144	107.97	79.05	67.94	49.75
Short-Term Debt	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	10.21	11.29	12.14	8.42	8.15
Current Unearned Revenue	15.6	14.21	10.9	8.99	10.16
Other Current Liabilities	3.1	7.25	10.16	3.71	2.34
Total Current Liabilities	354.2	344.61	305.67	342.08	298.97
Long-Term Debt	0.96	30.51	38.54	0.5	7.08
Long-Term Leases	13.34	20.01	27.64	17.75	13.16
Long-Term Unearned Revenue	0.27	1.05	1.78	2.45	2.8
Pension & Post-Retirement Benefits	5.28	4.84	5.1	4.76	4.86
Long-Term Deferred Tax Liabilities	1.33	1.57	0.77	0.16	2.8
Total Liabilities	375.37	402.58	379.49	367.7	329.67
Common Stock	20.12	20.08	19.97	19.97	19.97
Additional Paid-In Capital	190.01	189.92	189.82	189.82	189.82
Retained Earnings	63.18	21.82	-13.09	-29.79	-25.17
Treasury Stock	-23.4	-23.4	-23.4	-23.4	-23.4
Comprehensive Income & Other	-85.37	-87.23	-78.91	-79.84	-80.4
Total Common Equity	164.55	121.19	94.4	76.76	80.83
Shareholders' Equity	164.55	121.19	94.4	76.76	80.83
Total Liabilities & Equity	539.92	523.77	473.89	444.46	410.5
Total Debt	138.94	185.58	216.97	210.8	212.39
Net Cash (Debt)	-71.24	-133.05	-173.69	-165.92	-192.17
Net Cash Per Share	-5.22	-9.90	-13.24	-12.75	-14.76
Filing Date Shares Outstanding	13.1	12.95	13.01	13.01	13.01
Total Common Shares Outstanding	13.1	12.95	13.01	13.01	13.01
Working Capital	95.2	87.17	68.41	8.76	1.79
Book Value Per Share	12.56	9.36	7.48	5.82	5.54
Tangible Book Value	162.56	119.21	92.41	74.78	78.84
Tangible Book Value Per Share	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

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.