Keystone Infra Balance Sheet

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	447.79	313.94	378.89	80.9	140.12	536.75
Cash & Short-Term Investments	447.79	313.94	378.89	80.9	140.12	536.75
Cash Growth	258.90%	-17.14%	368.32%	-42.26%	-73.89%	2658.49%
Accounts Receivable	-	0.13	0.22	0.51	27.57	0.23
Other Receivables	17.82	14.13	5.3	4.35	0	0.3
Receivables	17.82	14.26	5.52	4.86	27.57	0.52
Prepaid Expenses	-	1.78	1.17	0.96	0.76	1.06
Other Current Assets	-	-	0.81	-	-	-
Total Current Assets	465.6	329.99	386.39	86.72	168.44	538.33
Property, Plant & Equipment	-	-	-	-	0.02	0.03
Long-Term Investments	4,620	4,658	3,082	3,007	2,520	937.75
Other Long-Term Assets	1.92	0.78	25.89	33	31.68	29.75
Total Assets	5,088	4,989	3,494	3,126	2,721	1,506
Accounts Payable	-	0.14	0.11	0.09	0.59	0.19
Accrued Expenses	-	5.6	5.31	6.79	2.32	1.02
Short-Term Debt	-	-	187.5	187.5	500	-
Current Portion of Long-Term Debt	96.28	96.37	56.54	54.67	34.22	-
Other Current Liabilities	41.86	6.81	19.7	15	-	5.3
Total Current Liabilities	138.13	108.91	269.16	264.05	537.12	6.51
Long-Term Debt	1,448	1,449	885.51	808.18	634.68	458.9
Long-Term Deferred Tax Liabilities	393.27	387.32	184.09	189.35	67.75	22.31
Other Long-Term Liabilities	-	-	6.77	6.77	6.77	6.77
Total Liabilities	1,980	1,945	1,346	1,268	1,246	494.48
Common Stock	1,598	1,512	1,496	1,332	1,320	919.17
Retained Earnings	1,489	1,503	622.39	508.03	124.15	69.41
Comprehensive Income & Other	21.34	28.95	30.38	18.55	29.7	22.8
Shareholders' Equity	3,108	3,044	2,148	1,858	1,474	1,011
Total Liabilities & Equity	5,088	4,989	3,494	3,126	2,721	1,506
Total Debt	1,544	1,545	1,130	1,050	1,169	458.9
Net Cash (Debt)	-1,097	-1,231	-750.66	-969.45	-1,029	77.85
Net Cash Per Share	-5.70	-6.38	-4.10	-6.36	-8.52	1.43
Filing Date Shares Outstanding	161.37	189.78	187.19	187.05	152.5	92.35
Total Common Shares Outstanding	161.37	189.78	187.05	187.05	152.5	92.35
Working Capital	327.47	221.07	117.23	-177.33	-368.68	531.82
Book Value Per Share	19.26	16.04	11.49	9.93	9.67	10.95
Tangible Book Value	3,108	3,044	2,148	1,858	1,474	1,011
Tangible Book Value Per Share	19.26	16.04	11.49	9.93	9.67	10.95