Elspec Engineering 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	17.5	11.28	7.42	10.53	11.78
Short-Term Investments	6.35	6.11	11.72	12.55	18.19
Cash & Short-Term Investments	23.85	17.4	19.14	23.07	29.97
Cash Growth	37.08%	-9.13%	-17.03%	-23.01%	-5.39%
Accounts Receivable	15.86	17.81	16.71	12.88	11.3
Other Receivables	2.19	0.8	0.74	0.43	0.77
Receivables	18.05	18.6	17.45	13.32	12.07
Inventory	38.1	41.69	36.11	29.87	24.77
Prepaid Expenses	-	0.67	0.51	0.57	0.76
Other Current Assets	-	0.51	0.73	0.67	0.39
Total Current Assets	80	78.86	73.95	67.51	67.96
Property, Plant & Equipment	18.6	19.1	12.41	11.35	9.28
Long-Term Investments	1.07	1.18	0.86	0.84	0.72
Other Intangible Assets	12.14	1.41	1.42	1	0.07
Long-Term Deferred Tax Assets	2.1	2.2	1.5	1.4	1.4
Long-Term Deferred Charges	-	10.22	10.21	10.1	9.9
Other Long-Term Assets	-	0.71	0.35	0.57	0.25
Total Assets	113.9	113.68	100.7	92.75	89.58
Accounts Payable	4.4	6.12	6.18	4.74	7.1
Accrued Expenses	-	8.4	6.58	5.6	5.09
Short-Term Debt	0.31	0.23	-	0.11	0.41
Current Portion of Long-Term Debt	-	0.32	1.34	2.08	2.2
Current Portion of Leases	1.72	1.78	0.83	0.7	0.43
Current Income Taxes Payable	-	-	-	-	0.01
Current Unearned Revenue	-	0.38	0.44	0.25	0.14
Other Current Liabilities	11.78	4.77	4.86	7.79	3.11
Total Current Liabilities	18.22	21.99	20.23	21.25	18.47
Long-Term Debt	0.75	1.08	1.48	2.7	2.91
Long-Term Leases	4	5.36	0.75	1.35	1.23
Long-Term Unearned Revenue	0.71	0.78	1.07	0.85	0.19
Pension & Post-Retirement Benefits	0.36	0.22	0.87	0.84	0.8
Total Liabilities	24.04	29.43	24.39	26.99	23.59
Common Stock	0.19	0.19	0.19	0.19	0.19
Additional Paid-In Capital	35.14	34.54	34.54	33.96	33.96
Retained Earnings	63.17	57.27	49.22	39.19	40.21
Treasury Stock	-5.98	-5.98	-5.98	-5.98	-5.98
Comprehensive Income & Other	-2.95	-2.06	-1.95	-1.88	-2.67
Total Common Equity	89.59	83.97	76.03	65.49	65.71
Minority Interest	0.28	0.28	0.28	0.28	0.28
Shareholders' Equity	89.87	84.25	76.31	65.77	65.99
Total Liabilities & Equity	113.9	113.68	100.7	92.75	89.58
Total Debt	6.79	8.76	4.39	6.94	7.17
Net Cash (Debt)	17.06	8.63	14.76	16.14	22.8
Net Cash Growth	97.63%	-41.49%	-8.56%	-29.23%	0.89%
Net Cash Per Share	0.87	0.44	0.76	0.83	1.17
Filing Date Shares Outstanding	19.21	19.42	19.42	19.42	19.42
Total Common Shares Outstanding	19.21	19.42	19.42	19.42	19.42
Working Capital	61.78	56.87	53.72	46.25	49.49
Book Value Per Share	4.66	4.32	3.91	3.37	3.38
Tangible Book Value	77.45	82.55	74.61	64.49	65.64
Tangible Book Value Per Share	4.03	4.25	3.84	3.32	3.38
Land	-	8.33	8.31	7.52	7.5
Machinery	-	13.22	25.92	24.07	21.94
Leasehold Improvements	-	1.12	3.03	3.04	2.38

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