Netanel Group Balance Sheet

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	127.35	36.21	74.64	76.41	62.34	35.74
Short-Term Investments	-	6.46	1.47	-	-	-
Trading Asset Securities	0.81	1.02	1.02	0.47	4.54	5
Cash & Short-Term Investments	128.16	43.69	77.12	76.88	66.87	40.74
Cash Growth	68.38%	-43.35%	0.32%	14.96%	64.13%	19.45%
Accounts Receivable	139.11	124.14	45.75	84.86	69.85	91.53
Other Receivables	44.17	17.67	13.56	4.18	5.19	0.66
Receivables	186.97	144.32	72.34	97.55	82.31	103.41
Inventory	840.61	798.8	809.49	638.89	478.6	500.29
Prepaid Expenses	-	6.41	3.51	2.1	0.95	5.86
Other Current Assets	27.08	46.38	27.02	36.95	13.97	12.67
Total Current Assets	1,183	1,040	989.48	852.37	642.7	662.97
Property, Plant & Equipment	104.81	106.33	44.24	28.85	1.58	1.94
Long-Term Investments	0.3	0.06	8.97	-	-	0.17
Other Intangible Assets	1.13	1.13	1.13	1.13	1.13	1.13
Long-Term Accounts Receivable	-	-	-	-	-	4.44
Long-Term Deferred Tax Assets	27.34	22.31	17.28	8.79	16.94	-
Other Long-Term Assets	569.82	550.63	489.9	365.38	913.9	733.48
Total Assets	1,926	1,762	1,667	1,372	1,576	1,404
Accounts Payable	10.87	15.4	7.21	9.93	8.91	27.64
Accrued Expenses	-	13.05	13.78	11.55	8.5	7.58
Short-Term Debt	823.73	841.37	697.95	603.55	418.29	476.84
Current Portion of Long-Term Debt	80	80	100	71.16	124.69	141
Current Portion of Leases	13.21	5.02	10.94	2.83	-	-
Current Income Taxes Payable	2.14	1.67	-	39.7	-	0.49
Current Unearned Revenue	42.12	8.6	9.35	22.09	19.56	24.57
Other Current Liabilities	129.67	55.76	49.73	76.8	12.16	14.96
Total Current Liabilities	1,102	1,021	888.96	837.6	592.11	693.09
Long-Term Debt	511.2	453.45	481.52	220.92	378.06	352.27
Long-Term Leases	0.57	0.83	14.38	14.39	0.75	0.68
Long-Term Deferred Tax Liabilities	7.56	6.38	1.33	0.05	-	28.3
Other Long-Term Liabilities	-	-	-	-	267.96	-
Total Liabilities	1,621	1,482	1,386	1,073	1,239	1,074
Common Stock	40.87	37.85	37.85	37.85	37.85	37.85
Additional Paid-In Capital	117.49	88.63	88.63	88.63	88.63	88.63
Retained Earnings	122.31	147.29	138.65	156.87	195.3	192.41
Comprehensive Income & Other	24.02	7.24	15.39	16.1	15.65	10.91
Total Common Equity	304.68	281	280.51	299.44	337.43	329.79
Minority Interest	-0.24	-0.17	-0.13	-0.09	-0.07	-0.01
Shareholders' Equity	304.45	280.83	280.39	299.35	337.36	329.79
Total Liabilities & Equity	1,926	1,762	1,667	1,372	1,576	1,404
Total Debt	1,429	1,381	1,305	912.85	921.79	970.8
Net Cash (Debt)	-1,301	-1,337	-1,228	-835.97	-854.92	-930.05
Net Cash Per Share	-44.61	-46.43	-43.21	-29.62	-30.29	-32.95
Filing Date Shares Outstanding	30.54	28.23	28.23	28.23	28.23	28.23
Total Common Shares Outstanding	30.54	28.23	28.23	28.23	28.23	28.23
Working Capital	81.08	18.75	100.52	14.77	50.59	-30.12
Book Value Per Share	9.98	9.96	9.94	10.61	11.95	11.68
Tangible Book Value	303.56	279.88	279.39	298.32	336.31	328.67
Tangible Book Value Per Share	9.94	9.92	9.90	10.57	11.91	11.64
Buildings	-	76.11	0.24	-	2.03	2.03
Machinery	-	5.19	4.34	10.64	7.87	7.71
Leasehold Improvements	-	32.93	28.66	11.84	0.6	0.56