Effi Capital Nadlan 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	204.04	100.87	115.27	92.83	-
Trading Asset Securities	25.13	9.47	4.79	1.91	-
Cash & Short-Term Investments	229.17	110.34	120.06	94.73	6.31
Cash Growth	107.69%	-8.09%	26.73%	1401.33%	110.40%
Accounts Receivable	180.74	50.72	91.21	91.88	-
Other Receivables	13.58	3.06	2.65	3.13	-
Receivables	195.75	54.92	94.3	95.12	-
Inventory	1,237	1,068	834.36	722.21	-
Other Current Assets	70.48	111.49	54.29	279.73	-
Total Current Assets	1,732	1,344	1,103	1,192	-
Property, Plant & Equipment	73.31	69.92	57.18	97.05	-
Long-Term Investments	498.94	343.17	243.4	174.8	-
Other Intangible Assets	2.36	2.36	2.36	-	-
Long-Term Deferred Tax Assets	34.97	18.46	5.69	3.02	-
Other Long-Term Assets	350.72	342.23	147.33	-	-
Total Assets	2,738	2,149	1,581	1,479	-
Accounts Payable	145.66	81.81	60.16	23.99	-
Accrued Expenses	9.13	7.23	8.4	1.66	-
Current Portion of Long-Term Debt	780.24	633.83	656.93	606.45	-
Current Portion of Leases	10.39	3.06	2.02	-	-
Current Unearned Revenue	77	69.81	133.12	315.13	-
Other Current Liabilities	326.05	275.97	84.61	92.57	-
Total Current Liabilities	1,348	1,072	945.24	1,040	-
Long-Term Debt	873.03	579.45	224.64	73.23	-
Long-Term Leases	7.04	2.6	1.73	-	-
Pension & Post-Retirement Benefits	-	-	0.2	0.16	-
Long-Term Deferred Tax Liabilities	3.61	-	20.48	13.94	-
Other Long-Term Liabilities	-	-	-	40.05	-
Total Liabilities	2,232	1,654	1,192	1,167	-
Additional Paid-In Capital	137.43	135.64	48.92	48.92	-
Retained Earnings	364.91	356.11	339.61	262.57	-
Comprehensive Income & Other	3.35	3.43	-	-	-
Total Common Equity	505.68	495.18	388.53	311.49	150.71
Minority Interest	-0.27	-	-	-	-
Shareholders' Equity	505.41	495.18	388.53	311.49	150.71
Total Liabilities & Equity	2,738	2,149	1,581	1,479	-
Total Debt	1,671	1,219	885.33	679.68	324.84
Net Cash (Debt)	-1,442	-1,109	-765.27	-584.94	-318.53
Net Cash Per Share	-30.71	-24.70	-20.82	-15.92	-8.67
Filing Date Shares Outstanding	48.39	46.06	46.06	36.75	36.75
Total Common Shares Outstanding	46.12	46.06	46.06	36.75	36.75
Working Capital	383.78	272.6	157.77	152	-
Book Value Per Share	10.96	10.75	8.43	8.48	-
Tangible Book Value	503.32	492.82	386.17	311.49	150.71
Tangible Book Value Per Share	10.91	10.70	8.38	8.48	-
Buildings	35.74	35.53	40.99	9.43	-
Machinery	6.15	5.98	4.9	2.83	-
Construction In Progress	-	-	-	82.4	-

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