Gaon Group 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	54.67	53.23	48.15	64.71	56.81
Cash & Short-Term Investments	54.67	53.23	48.15	64.71	56.81
Cash Growth	2.71%	10.56%	-25.60%	13.91%	-7.47%
Accounts Receivable	232.31	213.29	180.4	181	206.55
Other Receivables	21.86	15.41	27.11	16.94	18.02
Receivables	254.17	228.7	207.5	197.94	224.57
Inventory	278.43	257.72	277.47	334.66	251.2
Prepaid Expenses	4.84	2.22	2.99	2.44	0.57
Other Current Assets	8.83	5.96	7.05	27.96	22.43
Total Current Assets	600.94	547.82	543.16	627.71	555.57
Property, Plant & Equipment	406.61	359.96	378.08	377.92	368.39
Long-Term Investments	34.7	34.34	31.39	28.75	23.74
Goodwill	0.77	0.77	0.77	5.75	5.75
Other Intangible Assets	14.94	17.04	19.2	31.07	34.32
Long-Term Deferred Tax Assets	6.27	3.93	4.61	6.75	8.86
Long-Term Deferred Charges	-	-	-	8.02	6.45
Other Long-Term Assets	38.99	25.8	23.42	3.29	3.07
Total Assets	1,103	989.67	1,001	1,089	1,006
Accounts Payable	97.22	92.39	91.15	92.52	108.08
Accrued Expenses	59.65	56.51	35.36	35.21	55.29
Short-Term Debt	234.05	202.04	222.73	346.76	228.53
Current Portion of Long-Term Debt	24.58	24.58	25.47	12.27	11.23
Current Portion of Leases	12.64	13.21	11.8	14.45	10.93
Current Income Taxes Payable	16.74	7.78	9.9	11.34	10.17
Other Current Liabilities	17.23	6.08	7.1	5.72	19.31
Total Current Liabilities	462.1	402.61	403.52	518.25	443.54
Long-Term Debt	61.67	67.78	87.76	30.03	38.87
Long-Term Leases	88.07	43.94	49.48	49.77	42.71
Pension & Post-Retirement Benefits	7.02	7.31	4.36	8.2	13.63
Long-Term Deferred Tax Liabilities	7.48	5.25	4.71	7.08	7.89
Other Long-Term Liabilities	3.88	5.3	5.26	0.45	0.43
Total Liabilities	630.21	532.2	555.09	613.78	547.06
Common Stock	268.04	268.04	268.04	268.04	268.04
Additional Paid-In Capital	149.46	149.46	149.46	149.46	149.46
Retained Earnings	31.5	-1.87	-12.51	15.43	-0.6
Treasury Stock	-7.37	-7.37	-7.37	-7.37	-7.2
Comprehensive Income & Other	1.93	0.52	0.94	0.57	0.68
Total Common Equity	443.55	408.78	398.55	426.11	410.37
Minority Interest	29.45	48.69	46.99	49.37	48.71
Shareholders' Equity	473	457.47	445.54	475.48	459.08
Total Liabilities & Equity	1,103	989.67	1,001	1,089	1,006
Total Debt	421	351.55	397.25	453.27	332.27
Net Cash (Debt)	-366.33	-298.33	-349.1	-388.56	-275.46
Net Cash Per Share	-8.04	-6.55	-7.67	-8.53	-6.03
Filing Date Shares Outstanding	45.54	45.54	45.54	45.54	45.56
Total Common Shares Outstanding	45.54	45.54	45.54	45.54	45.56
Working Capital	138.84	145.21	139.64	109.46	112.04
Book Value Per Share	9.74	8.98	8.75	9.36	9.01
Tangible Book Value	427.83	390.97	378.58	389.29	370.29
Tangible Book Value Per Share	9.39	8.59	8.31	8.55	8.13
Land	68.53	55.94	55.94	-	50.29
Buildings	122.32	122.22	122.22	-	115.74
Machinery	391.99	385.94	381.89	-	352.07
Leasehold Improvements	18.47	16.61	15.52	-	12.81

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