Kardan Israel Balance Sheet

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

Millions ILS. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	118.72	242.44	97.99	155.78	127.34	200.61
Short-Term Investments	40.93	-	-	-	-	-
Trading Asset Securities	-	-	-	-	-	1.7
Cash & Short-Term Investments	159.65	242.44	97.99	155.78	127.34	202.31
Cash Growth	-47.84%	147.42%	-37.10%	22.33%	-37.05%	-15.51%
Accounts Receivable	213.27	158.78	142.27	225.05	143.38	126.04
Other Receivables	147.02	45.95	10.42	12.01	22.5	22.22
Receivables	360.29	209.28	156.29	254.56	165.88	161.5
Inventory	1,141	1,138	441.58	310.47	178.05	222.53
Prepaid Expenses	-	15.54	8.75	6.4	8.67	-
Restricted Cash	-	69.4	121.44	47.25	116.86	220.11
Other Current Assets	-	60.73	16.37	30.23	29.36	58.39
Total Current Assets	1,661	1,735	842.42	804.68	626.16	864.82
Property, Plant & Equipment	43.27	35.61	35.09	35.48	35.69	18.48
Long-Term Investments	138.81	120.39	41.38	33.01	55.38	111.09
Goodwill	2.22	2.22	2.22	2.22	2.22	2.22
Long-Term Accounts Receivable	-	5.33	4.15	4.15	5.99	5.97
Long-Term Deferred Tax Assets	28.38	20.62	6.22	0.09	-	-
Other Long-Term Assets	1,432	1,120	1,277	1,208	1,250	411.73
Total Assets	3,306	3,246	2,340	2,198	2,066	1,444

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Accounts Payable	124.46	96.07	58.25	63.32	62.28	75.79
Accrued Expenses	-	75.85	42.27	27.3	37.16	23.27
Short-Term Debt	547.13	596.04	290.31	294.71	178.79	31.94
Current Portion of Long-Term Debt	131.46	132.46	131.64	86.58	59.83	58.54
Current Portion of Leases	4.56	4.04	3.14	3.62	2.26	1.79
Current Income Taxes Payable	-	0.08	13.73	6.18	-	-
Current Unearned Revenue	94.69	59.23	59.65	36.23	50.71	63.64
Other Current Liabilities	563.35	508	163.95	97.24	82.95	101.24
Total Current Liabilities	1,466	1,472	762.93	615.18	473.97	356.21
Long-Term Debt	873.42	792.73	638.93	670.21	655.91	432.15
Long-Term Leases	6.44	6.9	6.07	7.46	5.46	1.29
Pension & Post-Retirement Benefits	0.66	0.66	0.61	0.85	1.63	2.21
Long-Term Deferred Tax Liabilities	17.15	16.96	13.72	14.09	23.91	10.9
Other Long-Term Liabilities	-	-	54.54	60.17	123.83	-
Total Liabilities	2,363	2,289	1,477	1,368	1,285	802.76

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Common Stock	2.37	2.37	1.47	1.47	1.47	1.47
Additional Paid-In Capital	33.28	32.92	31.28	33.18	33.79	143.46
Retained Earnings	616.68	618.98	522.14	493.29	461.35	362.81
Treasury Stock	-5.08	-5.08	-2.1	-	-	-
Comprehensive Income & Other	-	-	-	-	-	-111.67
Total Common Equity	647.26	649.2	552.79	527.95	496.61	396.08
Minority Interest	295.18	308.26	309.99	301.81	284.56	245.55
Shareholders' Equity	942.44	957.46	862.78	829.75	781.18	641.63
Total Liabilities & Equity	3,306	3,246	2,340	2,198	2,066	1,444

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Total Debt	1,563	1,532	1,070	1,063	902.24	525.71
Net Cash (Debt)	-1,403	-1,290	-972.1	-906.8	-774.9	-323.41
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-10.88	-8.80	-6.62	-6.15	-5.25	-2.19
Filing Date Shares Outstanding	147.8	148.32	147.32	147.32	147.32	147.32
Total Common Shares Outstanding	147.8	148.32	147.32	147.32	147.32	147.32
Working Capital	195.7	263.55	79.49	189.5	152.19	508.62
Book Value Per Share	4.38	4.38	3.75	3.58	3.37	2.69
Tangible Book Value	645.04	646.98	550.58	525.73	494.4	393.86
Tangible Book Value Per Share	4.36	4.36	3.74	3.57	3.36	2.67
Buildings	-	8.83	8.83	8.83	8.83	7.29
Machinery	-	75.42	71.21	65.91	53.6	51.59
Leasehold Improvements	-	-	-	-	10.91	6.12