Netanel Group 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	31.85	74.64	76.41	62.34	35.74	34.11
Trading Asset Securities	1.51	1.02	0.47	4.54	5	-
Cash & Short-Term Investments	33.37	75.65	76.88	66.87	40.74	34.11
Cash Growth	-60.02%	-1.59%	14.96%	64.13%	19.45%	-70.14%
Accounts Receivable	106.66	49.38	84.86	69.85	91.53	69.24
Other Receivables	65.44	13.56	4.18	5.19	0.66	3.05
Receivables	172.09	77.43	97.55	82.31	103.41	72.35
Inventory	944.55	833.48	638.89	478.6	500.29	406
Prepaid Expenses	-	3.51	2.1	0.95	5.86	2.14
Other Current Assets	19.58	16.62	36.95	13.97	12.67	7.37
Total Current Assets	1,170	1,007	852.37	642.7	662.97	521.98
Property, Plant & Equipment	106.82	44.24	28.85	1.58	1.94	3.17
Long-Term Investments	-	8.97	-	-	0.17	1.73
Other Intangible Assets	1.13	1.13	1.13	1.13	1.13	-
Long-Term Accounts Receivable	-	-	-	-	4.44	-
Long-Term Deferred Tax Assets	25.53	14.71	8.79	16.94	-	-
Other Long-Term Assets	518.6	493.53	365.38	913.9	733.48	487.66
Total Assets	1,864	1,685	1,372	1,576	1,404	1,015
Accounts Payable	10.19	7.21	9.93	8.91	27.64	32.48
Accrued Expenses	-	18.99	11.55	8.5	7.58	6.14
Short-Term Debt	879.87	697.95	603.55	418.29	476.84	262.24
Current Portion of Long-Term Debt	45	100	71.16	124.69	141	202.14
Current Portion of Leases	0.91	1.97	2.83	-	-	-
Current Income Taxes Payable	0.42	-	39.7	-	0.49	3.59
Current Unearned Revenue	42.19	15.69	22.09	19.56	24.57	4.53
Other Current Liabilities	111.54	56.81	76.8	12.16	14.96	9.07
Total Current Liabilities	1,090	898.62	837.6	592.11	693.09	520.2
Long-Term Debt	494.57	481.52	220.92	378.06	352.27	211.12
Long-Term Leases	1.04	14.38	14.39	0.75	0.68	1.11
Long-Term Deferred Tax Liabilities	3.07	1.33	0.05	-	28.3	12.77
Other Long-Term Liabilities	-	-	-	267.96	-	-
Total Liabilities	1,589	1,396	1,073	1,239	1,074	745.2
Common Stock	37.85	37.85	37.85	37.85	37.85	37.85
Additional Paid-In Capital	88.63	88.63	88.63	88.63	88.63	88.63
Retained Earnings	140.72	147.27	156.87	195.3	192.41	131.72
Comprehensive Income & Other	8.13	15.39	16.1	15.65	10.91	11.14
Total Common Equity	275.33	289.13	299.44	337.43	329.79	269.34
Minority Interest	-0.15	-0.13	-0.09	-0.07	-0.01	-
Shareholders' Equity	275.17	289	299.35	337.36	329.79	269.34
Total Liabilities & Equity	1,864	1,685	1,372	1,576	1,404	1,015
Total Debt	1,421	1,296	912.85	921.79	970.8	676.61
Net Cash (Debt)	-1,388	-1,220	-835.97	-854.92	-930.05	-642.5
Net Cash Per Share	-79.79	-43.23	-29.62	-30.29	-32.95	-22.76
Filing Date Shares Outstanding	21.82	28.23	28.23	28.23	28.23	28.23
Total Common Shares Outstanding	21.82	28.23	28.23	28.23	28.23	28.23
Working Capital	79.47	108.07	14.77	50.59	-30.12	1.78
Book Value Per Share	12.62	10.24	10.61	11.95	11.68	9.54
Tangible Book Value	274.2	288	298.32	336.31	328.67	269.34
Tangible Book Value Per Share	12.56	10.20	10.57	11.91	11.64	9.54
Buildings	-	-	-	2.03	2.03	2.03
Machinery	-	4.58	10.64	7.87	7.71	7.47
Leasehold Improvements	-	28.66	11.84	0.6	0.56	0.5

Source: S&P Global Market Intelligence. Standard template. Financial Sources.