Elspec Engineering 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	Jun '25 Jun 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	10.85	11.28	7.42	10.53	11.78	14.61
Short-Term Investments	6.07	6.11	11.72	12.55	18.19	17.07
Cash & Short-Term Investments	16.91	17.4	19.14	23.07	29.97	31.68
Cash Growth	-13.44%	-9.13%	-17.03%	-23.01%	-5.39%	14.01%
Accounts Receivable	14.92	17.81	16.71	12.88	11.3	9
Other Receivables	2.62	0.8	0.74	0.43	0.77	0.71
Receivables	17.54	18.6	17.45	13.32	12.07	9.71
Inventory	40.92	41.69	36.11	29.87	24.77	20.15
Prepaid Expenses	-	0.67	0.51	0.57	0.76	0.61
Other Current Assets	0.09	0.51	0.73	0.67	0.39	0.57
Total Current Assets	75.47	78.86	73.95	67.51	67.96	62.71
Property, Plant & Equipment	18.6	19.1	12.41	11.35	9.28	8.56
Long-Term Investments	1.12	1.18	0.86	0.84	0.72	0.89
Other Intangible Assets	11.79	1.41	1.42	1	0.07	-
Long-Term Deferred Tax Assets	2.2	2.2	1.5	1.4	1.4	1.4
Long-Term Deferred Charges	-	10.22	10.21	10.1	9.9	10.38
Other Long-Term Assets	0.93	0.71	0.35	0.57	0.25	0.26
Total Assets	110.09	113.68	100.7	92.75	89.58	84.2
Accounts Payable	4.3	6.12	6.18	4.74	7.1	4.27
Accrued Expenses	0.94	8.4	6.58	5.6	5.09	4.72
Short-Term Debt	-	0.23	-	0.11	0.41	0.04
Current Portion of Long-Term Debt	0.33	0.32	1.34	2.08	2.2	2.2
Current Portion of Leases	1.8	1.78	0.83	0.7	0.43	0.41
Current Income Taxes Payable	-	-	-	-	0.01	0.04
Current Unearned Revenue	-	0.38	0.44	0.25	0.14	0.72
Other Current Liabilities	9.35	4.77	4.86	7.79	3.11	2.27
Total Current Liabilities	16.72	21.99	20.23	21.25	18.47	14.66
Long-Term Debt	0.96	1.08	1.48	2.7	2.91	5.11
Long-Term Leases	4.71	5.36	0.75	1.35	1.23	1.32
Long-Term Unearned Revenue	0.87	0.78	1.07	0.85	0.19	0.17
Pension & Post-Retirement Benefits	0.22	0.22	0.87	0.84	0.8	0.78
Total Liabilities	23.47	29.43	24.39	26.99	23.59	22.04
Common Stock	0.19	0.19	0.19	0.19	0.19	0.19
Additional Paid-In Capital	34.54	34.54	34.54	33.96	33.96	33.96
Retained Earnings	59.88	57.27	49.22	39.19	40.21	35.95
Treasury Stock	-5.98	-5.98	-5.98	-5.98	-5.98	-5.98
Comprehensive Income & Other	-2.3	-2.06	-1.95	-1.88	-2.67	-2.39
Total Common Equity	86.34	83.97	76.03	65.49	65.71	61.74
Minority Interest	0.28	0.28	0.28	0.28	0.28	0.42
Shareholders' Equity	86.62	84.25	76.31	65.77	65.99	62.16
Total Liabilities & Equity	110.09	113.68	100.7	92.75	89.58	84.2
Total Debt	7.8	8.76	4.39	6.94	7.17	9.08
Net Cash (Debt)	9.11	8.63	14.76	16.14	22.8	22.6
Net Cash Growth	-27.34%	-41.49%	-8.56%	-29.23%	0.89%	60.97%
Net Cash Per Share	0.46	0.44	0.76	0.83	1.17	1.16
Filing Date Shares Outstanding	20.11	19.42	19.42	19.42	19.42	19.35
Total Common Shares Outstanding	20.11	19.42	19.42	19.42	19.42	19.35
Working Capital	58.75	56.87	53.72	46.25	49.49	48.05
Book Value Per Share	4.29	4.32	3.91	3.37	3.38	3.19
Tangible Book Value	74.55	82.55	74.61	64.49	65.64	61.74
Tangible Book Value Per Share	3.71	4.25	3.84	3.32	3.38	3.19
Land	-	8.33	8.31	7.52	7.5	7.25
Machinery	-	13.22	25.92	24.07	21.94	20.77
Leasehold Improvements	-	1.12	3.03	3.04	2.38	2.29

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