TLV:RATI Balance Sheet

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

Millions USD. 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	88.53	111.38	87.52	91.25	125.38
Short-Term Investments	1.01	10.53	50.66	30.36	64.17
Trading Asset Securities	19.02	16.41	14.98	24.97	10.98
Cash & Short-Term Investments	108.56	138.32	153.16	146.57	200.53
Cash Growth	-21.52%	-9.69%	4.49%	-26.91%	41.34%
Accounts Receivable	60.06	69.36	64.46	65.33	47.94
Other Receivables	15.21	19.3	7.92	12.05	4.12
Receivables	75.27	88.65	72.38	77.38	52.06
Prepaid Expenses	-	1.38	0.69	0.26	0.82
Other Current Assets	1	2.97	4.53	8.69	-
Total Current Assets	184.83	231.32	230.76	232.91	253.41
Property, Plant & Equipment	0.2	0.18	0.18	0.1	0.06
Long-Term Investments	3.47	24.41	17.86	6.28	5.51
Other Intangible Assets	884.26	838.53	826.04	803.8	811.83
Other Long-Term Assets	121.48	91.55	88.28	75.44	74.1
Total Assets	1,194	1,186	1,163	1,119	1,145
Accounts Payable	0.11	0.16	0.2	0.12	0.04
Accrued Expenses	13.58	14.74	16.31	17.5	20.57
Current Portion of Long-Term Debt	33.28	18.12	28.77	72.46	125.77
Current Income Taxes Payable	3.47	-	12.16	3.69	-
Other Current Liabilities	37.8	26.29	25.38	14.93	25.48
Total Current Liabilities	88.24	59.31	82.81	108.69	171.86
Long-Term Debt	486.8	509.81	569.46	590.77	701.67
Long-Term Deferred Tax Liabilities	102.86	99.63	72.98	56.17	24.72
Other Long-Term Liabilities	17.02	14.08	14.16	12.49	20.78
Total Liabilities	694.92	682.83	739.4	768.11	919.04
Common Stock	499.32	318.86	318.86	318.86	318.86
Retained Earnings	-	183.19	103.75	30.45	-94.1
Comprehensive Income & Other	-	1.1	1.1	1.1	1.1
Shareholders' Equity	499.32	503.16	423.71	350.42	225.87
Total Liabilities & Equity	1,194	1,186	1,163	1,119	1,145
Total Debt	520.09	527.93	598.22	663.22	827.44
Net Cash (Debt)	-411.53	-389.62	-445.06	-516.65	-626.91
Net Cash Per Share	-0.36	-0.35	-0.40	-0.46	-0.56
Filing Date Shares Outstanding	1,131	1,124	1,124	1,124	1,124
Total Common Shares Outstanding	1,131	1,124	1,124	1,124	1,124
Working Capital	96.59	172.01	147.95	124.21	81.55
Book Value Per Share	0.44	0.45	0.38	0.31	0.20
Tangible Book Value	-384.95	-335.37	-402.32	-453.39	-585.96
Tangible Book Value Per Share	-0.34	-0.30	-0.36	-0.40	-0.52

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.