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
Short-Term Investments	6.46	1.47	-	-	-
Trading Asset Securities	1.02	1.02	0.47	4.54	5
Cash & Short-Term Investments	43.69	77.12	76.88	66.87	40.74
Cash Growth	-43.35%	0.32%	14.96%	64.13%	19.45%
Accounts Receivable	124.14	45.75	84.86	69.85	91.53
Other Receivables	17.67	13.56	4.18	5.19	0.66
Receivables	144.32	72.34	97.55	82.31	103.41
Inventory	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	46.38	27.02	36.95	13.97	12.67
Total Current Assets	1,040	989.48	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	17.28	8.79	16.94	-
Other Long-Term Assets	550.63	489.9	365.38	913.9	733.48
Total Assets	1,762	1,667	1,372	1,576	1,404
Accounts Payable	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	841.37	697.95	603.55	418.29	476.84
Current Portion of Long-Term Debt	80	100	71.16	124.69	141
Current Portion of Leases	5.02	10.94	2.83	-	-
Current Income Taxes Payable	1.67	-	39.7	-	0.49
Current Unearned Revenue	8.6	9.35	22.09	19.56	24.57
Other Current Liabilities	55.76	49.73	76.8	12.16	14.96
Total Current Liabilities	1,021	888.96	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	1,386	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	138.65	156.87	195.3	192.41
Comprehensive Income & Other	7.24	15.39	16.1	15.65	10.91
Total Common Equity	281	280.51	299.44	337.43	329.79
Minority Interest	-0.17	-0.13	-0.09	-0.07	-0.01
Shareholders' Equity	280.83	280.39	299.35	337.36	329.79
Total Liabilities & Equity	1,762	1,667	1,372	1,576	1,404
Total Debt	1,381	1,305	912.85	921.79	970.8
Net Cash (Debt)	-1,337	-1,228	-835.97	-854.92	-930.05
Net Cash Per Share	-46.43	-43.21	-29.62	-30.29	-32.95
Filing Date Shares Outstanding	28.23	28.23	28.23	28.23	28.23
Total Common Shares Outstanding	28.23	28.23	28.23	28.23	28.23
Working Capital	18.75	100.52	14.77	50.59	-30.12
Book Value Per Share	9.96	9.94	10.61	11.95	11.68
Tangible Book Value	279.88	279.39	298.32	336.31	328.67
Tangible Book Value Per Share	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

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