Ludan Engineering Co. 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	25.26	21.64	34.67	36.46	45.72	32.36
Cash & Short-Term Investments	25.26	21.64	34.67	36.46	45.72	32.36
Cash Growth	-9.95%	-37.58%	-4.91%	-20.24%	41.27%	-12.41%
Accounts Receivable	118.95	115.61	219.2	206.72	180.17	161.59
Other Receivables	12.13	11.2	26.68	2.18	1.08	1.86
Receivables	131.08	126.81	245.87	209.05	181.39	163.61
Inventory	-	-	29.63	28.1	22.96	27.03
Prepaid Expenses	-	-	-	19.95	13.39	12.9
Other Current Assets	1.74	2.18	2.88	8.45	6.99	5.15
Total Current Assets	158.08	150.63	313.05	302.01	270.45	241.05
Property, Plant & Equipment	50.77	55.4	115.25	75.26	76.59	78.24
Long-Term Investments	0.13	0.13	0.26	-	-	-
Goodwill	-	17.29	30.5	26.74	16.4	15.18
Other Intangible Assets	22.33	5.59	16.9	19.32	16.76	14.07
Long-Term Deferred Tax Assets	3.35	2.77	6.34	5.69	7.3	8.83
Other Long-Term Assets	6.55	6.71	4.88	4.41	1.78	0.42
Total Assets	269.04	266.39	487.36	433.65	389.57	358.12
Accounts Payable	21.08	20.88	49.59	53.12	58.6	66.02
Accrued Expenses	-	45.84	62.19	58.03	53.29	47.29
Short-Term Debt	25.05	16.45	34.15	18.48	14.88	23.72
Current Portion of Long-Term Debt	-	3.46	3.12	3.47	2.18	2.78
Current Portion of Leases	12.81	13.93	22.9	14.58	16.92	16.84
Current Income Taxes Payable	1.24	1.36	3.39	2.06	2.39	1.75
Current Unearned Revenue	-	18.41	40.32	38.01	26.17	33.85
Other Current Liabilities	90.65	20.27	17.25	24.01	16.69	12.03
Total Current Liabilities	150.84	140.58	232.91	211.77	191.12	204.27
Long-Term Debt	6.7	7.25	7.83	9.75	5.27	7.17
Long-Term Leases	28.73	31.58	77.18	48.12	46.56	49.23
Pension & Post-Retirement Benefits	0.81	0.81	11.94	13.05	13.41	14.98
Long-Term Deferred Tax Liabilities	1.23	1.49	1.96	2.11	1.57	0.4
Other Long-Term Liabilities	0.36	0.36	12.53	6.54	-	-
Total Liabilities	188.66	182.07	344.34	291.33	257.92	276.05
Common Stock	12.94	12.94	12.94	12.94	12.94	12.94
Additional Paid-In Capital	28.44	28.44	28.44	28.44	28.44	28.44
Retained Earnings	55.57	58.03	87.48	87.67	80.7	59.06
Comprehensive Income & Other	-18.68	-17.51	-0.53	-0.32	-4.09	-19.69
Total Common Equity	78.26	81.89	128.33	128.72	117.99	80.75
Minority Interest	2.12	2.43	14.69	13.6	13.67	1.33
Shareholders' Equity	80.38	84.32	143.01	142.32	131.66	82.07
Total Liabilities & Equity	269.04	266.39	487.36	433.65	389.57	358.12
Total Debt	73.29	72.66	145.18	94.41	85.8	99.73
Net Cash (Debt)	-48.03	-51.02	-110.51	-57.95	-40.08	-67.37
Net Cash Per Share	-4.16	-4.43	-9.59	-5.03	-3.48	-5.85
Filing Date Shares Outstanding	11.78	11.52	11.52	11.52	11.52	11.52
Total Common Shares Outstanding	11.78	11.52	11.52	11.52	11.52	11.52
Working Capital	7.24	10.05	80.14	90.24	79.34	36.78
Book Value Per Share	6.64	7.11	11.13	11.17	10.24	7.01
Tangible Book Value	55.93	59.01	80.92	82.66	84.82	51.5
Tangible Book Value Per Share	4.75	5.12	7.02	7.17	7.36	4.47
Land	-	6.07	6.07	6.07	6.07	6.06
Machinery	-	40.61	53.02	43.99	38.78	32.81
Leasehold Improvements	-	10.92	18.89	14.03	12.4	13.22