Netanel Group 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	36.21	74.64	76.41	62.34	35.74
Trading Asset Securities	1.02	1.02	0.47	4.54	5
Cash & Short-Term Investments	37.23	75.65	76.88	66.87	40.74
Cash Growth	-50.79%	-1.59%	14.96%	64.13%	19.45%
Accounts Receivable	124.14	49.38	84.86	69.85	91.53
Other Receivables	44.22	13.56	4.18	5.19	0.66
Receivables	170.67	77.43	97.55	82.31	103.41
Inventory	798.8	833.48	638.89	478.6	500.29
Prepaid Expenses	-	3.51	2.1	0.95	5.86
Other Current Assets	32.91	16.62	36.95	13.97	12.67
Total Current Assets	1,040	1,007	852.37	642.7	662.97
Property, Plant & Equipment	106.33	44.24	28.85	1.58	1.94
Long-Term Investments	0.06	8.97	-	-	0.17
Other Intangible Assets	1.13	1.13	1.13	1.13	1.13
Long-Term Accounts Receivable	-	-	-	-	4.44
Long-Term Deferred Tax Assets	22.31	14.71	8.79	16.94	-
Other Long-Term Assets	550.63	493.53	365.38	913.9	733.48
Total Assets	1,762	1,685	1,372	1,576	1,404
Accounts Payable	15.4	7.21	9.93	8.91	27.64
Accrued Expenses	-	18.99	11.55	8.5	7.58
Short-Term Debt	-	697.95	603.55	418.29	476.84
Current Portion of Long-Term Debt	920.8	100	71.16	124.69	141
Current Portion of Leases	0.89	1.97	2.83	-	-
Current Income Taxes Payable	1.67	-	39.7	-	0.49
Current Unearned Revenue	8.6	15.69	22.09	19.56	24.57
Other Current Liabilities	73.51	56.81	76.8	12.16	14.96
Total Current Liabilities	1,021	898.62	837.6	592.11	693.09
Long-Term Debt	453.45	481.52	220.92	378.06	352.27
Long-Term Leases	0.83	14.38	14.39	0.75	0.68
Long-Term Deferred Tax Liabilities	6.38	1.33	0.05	-	28.3
Other Long-Term Liabilities	-	-	-	267.96	-
Total Liabilities	1,482	1,396	1,073	1,239	1,074
Common Stock	37.85	37.85	37.85	37.85	37.85
Additional Paid-In Capital	88.63	88.63	88.63	88.63	88.63
Retained Earnings	147.29	147.27	156.87	195.3	192.41
Comprehensive Income & Other	7.24	15.39	16.1	15.65	10.91
Total Common Equity	281	289.13	299.44	337.43	329.79
Minority Interest	-0.17	-0.13	-0.09	-0.07	-0.01
Shareholders' Equity	280.83	289	299.35	337.36	329.79
Total Liabilities & Equity	1,762	1,685	1,372	1,576	1,404
Total Debt	1,376	1,296	912.85	921.79	970.8
Net Cash (Debt)	-1,339	-1,220	-835.97	-854.92	-930.05
Net Cash Per Share	-46.49	-43.23	-29.62	-30.29	-32.95
Filing Date Shares Outstanding	74.92	28.23	28.23	28.23	28.23
Total Common Shares Outstanding	74.92	28.23	28.23	28.23	28.23
Working Capital	18.75	108.07	14.77	50.59	-30.12
Book Value Per Share	3.75	10.24	10.61	11.95	11.68
Tangible Book Value	279.88	288	298.32	336.31	328.67
Tangible Book Value Per Share	3.74	10.20	10.57	11.91	11.64
Buildings	-	-	-	2.03	2.03
Machinery	-	4.58	10.64	7.87	7.71
Leasehold Improvements	-	28.66	11.84	0.6	0.56

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