O.Y. Nofar Energy Balance Sheet

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	786.17	362.63	661.39	237.87	904.35	483.64
Short-Term Investments	35.24	47.5	10.01	498.76	161.03	102.12
Cash & Short-Term Investments	821.41	410.13	671.4	736.63	1,065	585.76
Cash Growth	32.19%	-38.91%	-8.86%	-30.86%	81.88%	9372.12%
Accounts Receivable	155.72	146.07	217.17	250.2	234.47	156.76
Other Receivables	172.62	18.31	17.07	0.76	2.61	-
Receivables	328.34	164.38	234.24	250.96	237.08	156.76
Inventory	12.53	25.13	58.06	51.68	56.62	65.68
Prepaid Expenses	-	27.71	22.61	29.16	14.48	8.76
Other Current Assets	0.28	74.05	19.39	30.77	5.13	20.36
Total Current Assets	1,163	701.41	1,006	1,099	1,379	837.32
Property, Plant & Equipment	5,274	4,249	3,392	2,275	263.46	89.59
Long-Term Investments	1,062	1,019	982.4	959.42	398.03	126.61
Goodwill	-	-	-	-	13.2	-
Other Intangible Assets	140.24	149.41	152.87	162.52	117.91	-
Long-Term Deferred Tax Assets	37.6	20.54	12.57	5.02	-	-
Other Long-Term Assets	83.2	51.55	86.04	66.55	6.49	5.23
Total Assets	7,801	6,228	5,668	4,598	2,178	1,059
Accounts Payable	127.12	76.77	50.47	90.52	51.51	70.59
Accrued Expenses	-	41.21	43.64	41.82	20.27	27.08
Short-Term Debt	465.36	104.7	17.31	309.24	25.85	62.41
Current Portion of Long-Term Debt	125.58	198.69	179.46	142.83	11.03	2.38
Current Portion of Leases	27.96	23.41	19.63	13.4	4.55	1.78
Current Income Taxes Payable	-	-	5.22	-	-	1.54
Other Current Liabilities	197.19	31.92	34.32	141.79	16.83	4.14
Total Current Liabilities	943.2	476.69	350.05	739.59	130.04	169.91
Long-Term Debt	3,936	2,745	2,022	931.29	482.56	36.97
Long-Term Leases	347.74	343.91	291.71	194.82	63.57	21.63
Long-Term Deferred Tax Liabilities	172.23	149.59	211.86	184.5	50.55	4.41
Other Long-Term Liabilities	53.37	102.2	21.26	22.89	4.19	1.13
Total Liabilities	5,452	3,817	2,897	2,073	730.9	234.05
Common Stock	1,716	1,716	1,716	1,569	1,569	1,014
Retained Earnings	-258.71	-174.63	-153.35	-68.53	-225.45	-232.92
Comprehensive Income & Other	113.02	86.71	259.11	117.85	49.41	43.6
Total Common Equity	1,571	1,628	1,822	1,618	1,393	824.89
Minority Interest	778.43	782.46	949.11	906.61	54.22	-0.19
Shareholders' Equity	2,349	2,411	2,771	2,525	1,447	824.7
Total Liabilities & Equity	7,801	6,228	5,668	4,598	2,178	1,059
Total Debt	4,902	3,415	2,530	1,592	587.56	125.16
Net Cash (Debt)	-4,081	-3,005	-1,859	-854.94	477.82	460.59
Net Cash Growth	-	-	-	-	3.74%	-
Net Cash Per Share	-114.95	-84.56	-52.31	-25.41	17.33	34.41
Filing Date Shares Outstanding	36.24	35.54	35.54	33.65	33.65	25.9
Total Common Shares Outstanding	36.24	35.54	35.54	33.65	33.65	25.9
Working Capital	219.36	224.72	655.65	359.61	1,249	667.41
Book Value Per Share	43.34	45.82	51.27	48.09	41.39	31.85
Tangible Book Value	1,430	1,479	1,669	1,455	1,262	824.89
Tangible Book Value Per Share	39.47	41.61	46.96	43.26	37.49	31.85
Land	-	-	-	-	3.28	-
Machinery	-	2,626	2,196	1,873	192.54	57.82
Construction In Progress	-	1,442	986.26	222.35	11.26	13.97
Leasehold Improvements	-	-	-	-	-	0.11
Order Backlog	-	58.8	61.59	-	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.