Max Stock 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	161.85	97.15	128.86	80.53	50.34
Cash & Short-Term Investments	161.85	97.15	128.86	80.53	50.34
Cash Growth	66.60%	-24.61%	60.00%	59.98%	-64.74%
Accounts Receivable	125.14	112.86	99.21	81.79	75.65
Other Receivables	4.24	1.24	6.49	9.12	4.77
Receivables	129.38	114.09	105.7	90.91	80.42
Inventory	210.2	240.65	144.58	159.35	213.66
Prepaid Expenses	2.44	2.91	3.27	1.43	0.61
Other Current Assets	3.34	6.81	7.55	8.81	7.09
Total Current Assets	507.21	461.61	389.96	341.03	352.11
Property, Plant & Equipment	832.29	804.94	703.2	642.99	610.11
Long-Term Deferred Tax Assets	24.6	17.16	14.09	11.05	9.78
Other Long-Term Assets	-	-	-	0.25	0.16
Total Assets	1,367	1,286	1,109	995.32	972.15
Accounts Payable	168.3	148.57	138.51	97.01	92.6
Accrued Expenses	63.57	55.56	41.49	31.95	28.18
Short-Term Debt	4.18	5.02	3.64	9.25	27.46
Current Portion of Long-Term Debt	8.3	12.64	10.79	16.15	19.2
Current Portion of Leases	69.77	65.22	59.99	52.4	56.84
Current Income Taxes Payable	1.42	2.89	4.07	2.73	2.93
Other Current Liabilities	27.11	4.48	5.11	1.88	1.88
Total Current Liabilities	342.66	294.38	263.59	211.36	229.08
Long-Term Debt	20.22	31.77	20.5	22.17	23.85
Long-Term Leases	707.88	679.94	593.31	544.92	516.09
Pension & Post-Retirement Benefits	3.99	3.35	2.9	2.64	2.53
Total Liabilities	1,075	1,009	880.3	781.09	771.54
Additional Paid-In Capital	55.01	51.65	49.04	42.86	36.53
Retained Earnings	250.59	235.68	186.91	165.9	141.74
Treasury Stock	-19.9	-19.9	-19.9	-19.9	-
Comprehensive Income & Other	-3.32	3.52	5.65	13.21	9.81
Total Common Equity	282.37	270.94	221.7	202.07	188.08
Minority Interest	9.59	5.66	7.14	12.17	12.53
Shareholders' Equity	291.96	276.6	228.85	214.24	200.61
Total Liabilities & Equity	1,367	1,286	1,109	995.32	972.15
Total Debt	810.35	794.58	688.22	644.88	643.43
Net Cash (Debt)	-648.5	-697.43	-559.37	-564.34	-593.09
Net Cash Per Share	-4.62	-4.97	-3.99	-3.96	-4.13
Filing Date Shares Outstanding	139.77	139.5	139.34	138.97	142.34
Total Common Shares Outstanding	139.77	139.5	139.34	138.97	142.34
Working Capital	164.54	167.23	126.36	129.68	123.03
Book Value Per Share	2.02	1.94	1.59	1.45	1.32
Tangible Book Value	282.37	270.94	221.7	202.07	188.08
Tangible Book Value Per Share	2.02	1.94	1.59	1.45	1.32
Machinery	94.95	84.21	62.99	127.09	40.59
Leasehold Improvements	113.57	107.79	91.68	-	62

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.