Carmel Corp 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	18.72	100.27	42.63	8.4	8.28	540.59
Trading Asset Securities	-	-	-	-	-	16.98
Cash & Short-Term Investments	18.72	100.27	42.63	8.4	8.28	557.57
Cash Growth	-71.50%	135.22%	407.73%	1.41%	-98.52%	-
Accounts Receivable	168.59	106.56	93.05	73.89	57.98	140.06
Other Receivables	21.19	12.75	16.52	12.66	3.44	7.75
Receivables	189.78	119.31	109.57	87.09	61.93	147.81
Inventory	238.32	233.08	260.39	213.88	196.42	45.7
Prepaid Expenses	-	3.8	2.34	0.92	1.34	1.81
Other Current Assets	-	6.97	6.87	6.45	3.22	-
Total Current Assets	446.82	463.43	421.8	316.74	271.19	752.87
Property, Plant & Equipment	266.92	234.67	185.07	127.7	99.85	346.91
Long-Term Investments	296.04	279.65	278.88	276.24	1.99	16.05
Goodwill	3.09	3.09	3.09	3.09	2.94	18.81
Other Intangible Assets	-	2.25	1.46	0.64	-	11.49
Long-Term Deferred Tax Assets	18.99	16.09	13.68	9.77	10.71	-
Other Long-Term Assets	0.36	0.52	2.97	4.77	6.39	-
Total Assets	1,047	1,008	910.11	741.71	397.91	1,146
Accounts Payable	68.11	56.56	60.38	55.97	41.69	92.37
Accrued Expenses	-	19.02	19.66	24.82	17.48	47.01
Short-Term Debt	313.56	313.48	279.07	121.63	75.43	0.03
Current Portion of Long-Term Debt	-	1.85	6.06	7.9	7.9	-
Current Portion of Leases	8.52	7.31	5.59	5.63	5.63	17.35
Other Current Liabilities	66.23	22.88	20.18	31.47	27.15	160.97
Total Current Liabilities	456.41	421.1	390.94	247.42	175.28	317.74
Long-Term Debt	-	-	1.85	7.89	15.74	-
Long-Term Leases	17.9	16.57	12.72	13.34	16.29	84.16
Long-Term Unearned Revenue	25	25	25	25	-	-
Pension & Post-Retirement Benefits	1.21	1.31	1.47	1.67	1.99	6.23
Long-Term Deferred Tax Liabilities	-	-	-	-	-	13.37
Total Liabilities	500.51	463.98	431.98	295.32	209.29	421.5
Common Stock	0.2	0.2	0.18	0.18	0.08	56.57
Additional Paid-In Capital	414.1	414.03	370.93	370.93	111.31	100.45
Retained Earnings	118.29	116.66	95.78	65.99	70.06	620.85
Comprehensive Income & Other	11.91	10.83	9.04	7.03	4.71	-
Total Common Equity	544.5	541.73	475.94	444.12	186.15	777.87
Minority Interest	2.04	2.07	2.19	2.26	2.47	-53.23
Shareholders' Equity	546.54	543.8	478.13	446.38	188.62	724.63
Total Liabilities & Equity	1,047	1,008	910.11	741.71	397.91	1,146
Total Debt	339.97	339.21	305.3	156.4	120.99	101.55
Net Cash (Debt)	-321.25	-238.94	-262.67	-148	-112.71	456.02
Net Cash Per Share	-15.83	-12.27	-14.56	-12.70	-18.81	65.27
Filing Date Shares Outstanding	19.66	20.03	17.69	17.69	32.47	6.99
Total Common Shares Outstanding	19.66	20.03	17.69	17.69	32.47	6.99
Working Capital	-9.59	42.33	30.87	69.32	95.91	435.14
Book Value Per Share	27.70	27.05	26.91	25.11	5.73	-
Tangible Book Value	541.41	536.39	471.39	440.39	183.21	747.57
Tangible Book Value Per Share	27.54	26.78	26.65	24.90	5.64	-
Land	-	152.26	138.96	103.83	83.53	103.63
Machinery	-	186.06	144.1	112.14	91.24	882.94

Source: S&P Global Market Intelligence. Standard template. Financial Sources.