Kardan Real Estate Enterprise and Development Ltd (TLV:KARE)

TLV:KARE Balance Sheet

Financials in millions ILS. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	265.03	96.21	155.68	121.38	175.15	210.22
Short-Term Investments	94.39	-	-	-	-	0.62
Trading Asset Securities	-	-	-	-	-	8.69
Cash & Short-Term Investments	359.42	96.21	155.68	121.38	175.15	219.53
Cash Growth	42.40%	-38.20%	28.26%	-30.70%	-20.22%	57.91%
Accounts Receivable	93.38	119.24	225.05	143.38	126.04	83.95
Other Receivables	37.97	11.73	9.57	15.98	33.99	16.09
Receivables	131.35	132.03	235.17	159.36	161.17	103.48
Inventory	362.6	357.97	310.47	178.05	222.53	314.39
Prepaid Expenses	-	8.64	8.22	10.17	-	2.79
Restricted Cash	-	121.44	47.25	116.86	220.11	49.64
Other Current Assets	-	13.15	27.92	26.58	58.38	17.32
Total Current Assets	853.36	729.45	784.71	612.39	837.33	707.15
Property, Plant & Equipment	35.36	34.36	34.9	35.57	20.52	13.15
Long-Term Investments	13.09	31.37	32.07	40.75	94.28	131.88
Goodwill	2.22	2.22	2.22	2.22	2.22	2.22
Long-Term Deferred Tax Assets	-	-	0.09	-	-	0.35
Other Long-Term Assets	1,045	999.2	858.23	960.82	349.6	274.71
Total Assets	1,949	1,814	1,732	1,666	1,313	1,150
Accounts Payable	71.47	59.94	69	74.48	86.58	63.2
Accrued Expenses	-	37.85	22.79	35.27	22.06	23.27
Short-Term Debt	17.7	65.5	114.45	52.34	21.1	29.21
Current Portion of Long-Term Debt	80.56	80.42	65.71	58.67	58.54	113.91
Current Portion of Leases	3.3	3.14	3.62	2.26	1.79	1.9
Current Income Taxes Payable	-	13.73	6.18	-	-	-
Current Unearned Revenue	50.38	54.52	31.11	46.86	63.64	20.76
Other Current Liabilities	243.5	163.95	97.24	76.53	100.14	130.37
Total Current Liabilities	466.91	479.05	410.09	346.41	353.85	382.62
Long-Term Debt	680.77	505.5	503.95	469.46	341.71	221.34
Long-Term Leases	6.35	6.07	7.46	5.46	1.29	1.69
Long-Term Deferred Tax Liabilities	6.33	10.17	14.11	21.93	9.35	-
Other Long-Term Liabilities	55.3	54.54	60.17	123.83	-	-
Total Liabilities	1,216	1,056	996.62	968.32	707.86	607.14
Common Stock	201.68	200.95	199.63	199.08	197.68	197.68
Additional Paid-In Capital	312.3	312.03	310.49	300.45	298.74	298.74
Retained Earnings	216.63	243.52	223.52	187.87	100.99	39.5
Comprehensive Income & Other	-0.53	-1.18	-1.04	7.36	4.48	3.76
Total Common Equity	730.08	755.31	732.6	694.76	601.89	539.68
Minority Interest	3.12	3.12	3.12	3.12	3.12	3.12
Shareholders' Equity	733.2	758.43	735.72	697.88	605.01	542.8
Total Liabilities & Equity	1,949	1,814	1,732	1,666	1,313	1,150
Total Debt	788.69	660.63	695.18	588.19	424.44	368.05
Net Cash (Debt)	-429.26	-564.42	-539.5	-466.81	-249.29	-148.51
Net Cash Per Share	-2.32	-3.02	-2.90	-2.52	-1.35	-0.81
Filing Date Shares Outstanding	177.73	186.08	184.76	184.21	183.52	182.81
Total Common Shares Outstanding	177.73	186.08	184.76	184.21	182.81	182.81
Working Capital	386.46	250.4	374.62	265.98	483.48	324.54
Book Value Per Share	4.11	4.06	3.97	3.77	3.29	2.95
Tangible Book Value	727.86	753.09	730.38	692.54	599.67	537.46
Tangible Book Value Per Share	4.10	4.05	3.95	3.76	3.28	2.94
Buildings	-	8.83	8.83	8.83	9.04	5.4
Machinery	-	70.2	65.3	64.37	49.32	44.72

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