Meshek Energy - Renewable Energies Ltd. (TLV: MSKE)

MSKE Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	102.91	296.42	43.59	43.46	69.85	2.16
Accounts Receivable	14.85	8.67	10.42	5.39	1.48	0.79
Other Receivables	13.94	2.82	2.94	3.5	0.75	0.02
Prepaid Expenses	-	2.73	1.85	1.33	0.64	0.84
Restricted Cash	33.57	13.57	13.4	94.32	242.74	5.6
Other Current Assets	-	7.19	5.08	6.86	3.13	0.91
Total Current Assets	165.28	331.4	77.28	154.86	318.59	10.32
Property, Plant & Equipment	1,259	1,162	831.06	699.02	179.72	137.05
Other Intangible Assets	15.66	16.66	18.67	-	-	-
Long-Term Investments	2,413	1,739	1,445	53.27	35.61	18.66
Long-Term Deferred Tax Assets	27.72	22.71	15.24	9.45	3.92	-
Other Long-Term Assets	32.77	46.08	39.31	45.1	2.36	2.01
Total Assets	3,913	3,318	2,427	961.69	540.2	168.03
Accounts Payable	40.53	3.97	8.26	15.16	0.83	1.1
Accrued Expenses	-	36.29	6.55	8.15	2.15	0.38
Short-Term Debt	-	20.95	-	20.04	-	30.12
Current Portion of Long-Term Debt	53.28	39.96	32.66	32.35	6.74	7.6
Current Portion of Leases	8.3	7.77	5.31	5.4	1.11	0.31
Other Current Liabilities	10.05	0.05	3.23	0.26	0.21	0.92
Total Current Liabilities	112.16	108.99	56.01	81.35	11.03	40.43
Long-Term Debt	899.03	669.3	566.92	489.1	280.04	90.32
Long-Term Leases	191.24	164.39	105.15	103.21	23.02	11.77
Other Long-Term Liabilities	-	4.25	-	3.12	4.75	5.06
Total Liabilities	1,202	946.92	728.07	676.78	318.84	147.58
Additional Paid-In Capital	2,465	2,459	1,788	362.11	225.51	15.42
Retained Earnings	-101.14	-85.29	-87.09	-76.21	-35.93	-24.99
Comprehensive Income & Other	-	-	-	-	31.78	30.03
Total Common Equity	2,364	2,374	1,701	285.9	221.36	20.46
Minority Interest	346.04	-2.96	-2.15	-0.98	-	-
Shareholders' Equity	2,710	2,371	1,699	284.91	221.36	20.46
Total Liabilities & Equity	3,913	3,318	2,427	961.69	540.2	168.03
Total Debt	1,152	902.37	710.04	650.09	310.91	140.11
Net Cash (Debt)	-1,049	-605.95	-666.45	-606.63	-241.06	-137.95
Net Cash Per Share	-1.48	-0.95	-1.62	-4.14	-2.40	-3.07
Filing Date Shares Outstanding	710.58	710.58	572	159.43	134.43	500
Total Common Shares Outstanding	710.58	710.58	521.61	159.43	134.43	500
Working Capital	53.11	222.42	21.27	73.51	307.56	-30.11
Book Value Per Share	3.33	3.34	3.26	1.79	1.65	0.04
Tangible Book Value	2,348	2,357	1,682	285.9	221.36	20.46
Tangible Book Value Per Share	3.31	3.32	3.22	1.79	1.65	0.04
Machinery	-	972.64	654.04	705.05	162.81	128.28
Construction In Progress	-	205.31	213.87	-	-	-

Source: S&P Capital IQ. Utility template. Financial Sources.