Dorsel 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
Property, Plant & Equipment	1,104	1,100	1,076	925.44	902.32	786.05
Cash & Equivalents	207.56	193.77	57.03	12.1	79.6	98.79
Accounts Receivable	8.86	3.67	3.11	3.09	5.48	4.16
Other Receivables	-	1.81	23.23	2.62	1.15	0.25
Investment In Debt and Equity Securities	0.6	-	-	1.76	-	-
Loans Receivable Current	-	-	-	1.6	-	-
Restricted Cash	10.43	10.92	2.24	6.18	24.93	1.31
Other Current Assets	0.43	3.33	5.5	0.42	0.18	0.5
Trading Asset Securities	-	-	-	24.23	1.82	5.07
Deferred Long-Term Tax Assets	0.72	0.75	1.15	1.62	2.24	-
Other Long-Term Assets	221.44	224.23	195.31	170.27	155.5	64.99
Total Assets	1,554	1,539	1,363	1,149	1,173	961.12
Current Portion of Long-Term Debt	112.97	112.85	196.3	69.45	84.33	60.99
Current Portion of Leases	2.4	2.37	2.51	2.49	2.18	1.97
Long-Term Debt	574.83	577.67	451.17	431.43	486.93	409.09
Long-Term Leases	38.31	38.84	41.95	42.84	43.58	40.46
Accounts Payable	1.38	-	-	1.2	0.75	1.48
Accrued Expenses	-	5.91	6.57	6.31	7.58	3.22
Current Unearned Revenue	-	3.9	3.13	4.93	4.21	3.16
Other Current Liabilities	39.21	11.45	25.01	4.58	14.95	2.97
Long-Term Unearned Revenue	3.19	3.19	3.19	2.25	2.81	2.97
Long-Term Deferred Tax Liabilities	118.02	115.12	105.46	92.06	83.9	66.75
Total Liabilities	940.3	921.29	835.29	657.54	731.21	593.08
Common Stock	0.23	0.23	0.23	23	23	23
Additional Paid-In Capital	47.15	47.15	47.15	24.63	24.63	24.63
Retained Earnings	583.5	582.84	493	434.24	398	323.46
Treasury Stock	-17.68	-15.8	-15.25	-0.48	-0.48	-0.48
Comprehensive Income & Other	-5.39	-2.84	-2.49	4.39	-3.14	-2.57
Total Common Equity	607.81	611.57	522.63	485.77	442.01	368.04
Minority Interest	5.64	5.81	5.47	6.02	-	-
Shareholders' Equity	613.46	617.38	528.1	491.79	442.01	368.04
Total Liabilities & Equity	1,554	1,539	1,363	1,149	1,173	961.12
Total Debt	778.5	781.73	691.93	546.2	617.02	512.52
Net Cash (Debt)	-570.94	-587.96	-634.9	-509.87	-535.6	-408.66
Net Cash Per Share	-27.50	-27.79	-29.82	-23.92	-23.75	-18.12
Filing Date Shares Outstanding	20.93	16.9	22.55	22.55	22.55	22.55
Total Common Shares Outstanding	20.93	16.9	22.55	22.55	22.55	22.55
Book Value Per Share	29.05	36.19	23.17	21.54	19.60	16.32
Tangible Book Value	607.81	611.57	522.63	485.77	442.01	368.04
Tangible Book Value Per Share	29.05	36.19	23.17	21.54	19.60	16.32
Land	-	8.9	8.94	8.94	9.12	-