Synel M.L.L Payway 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	12.86	6.44	8.53	10.79	106.04	61.24
Trading Asset Securities	-	-	-	2.11	3.81	30.72
Cash & Short-Term Investments	12.86	6.44	8.53	12.91	109.85	91.96
Cash Growth	77.93%	-24.56%	-33.87%	-88.25%	19.45%	96.89%
Accounts Receivable	22.17	48.19	33.24	31.18	26.51	25.39
Other Receivables	7.15	1.72	1.7	0.39	1.12	1
Receivables	29.32	49.91	34.93	31.57	27.64	26.38
Inventory	10.53	11.98	12.39	12.25	11.93	12.87
Prepaid Expenses	-	0.86	0.64	0.48	1.98	1.6
Other Current Assets	-	1.13	2.23	2.55	4.49	0.45
Total Current Assets	52.7	70.32	58.73	59.75	155.88	133.26
Property, Plant & Equipment	34.74	35.36	29.02	7.69	13.76	15.94
Long-Term Investments	-	-	-	0.1	54.52	45.6
Goodwill	21.14	21.14	21.14	21.14	22.02	22.02
Other Intangible Assets	0.36	2.05	1.6	1.65	3.15	2.79
Long-Term Deferred Tax Assets	0.56	1.22	1.67	2.22	1.98	2.75
Other Long-Term Assets	-0	-	-	-	784.01	603.49
Total Assets	109.51	130.09	112.16	92.55	1,035	825.85
Accounts Payable	6.47	10.51	5.28	6.39	6.57	6.57
Accrued Expenses	1.82	5.77	7.24	8.87	11.51	10.31
Short-Term Debt	-	-	-	2	2	4.43
Current Portion of Long-Term Debt	2.25	0.34	0.37	6.44	63.49	53.7
Current Portion of Leases	2.41	2.48	3.27	2.88	4.39	3.3
Current Income Taxes Payable	-	2.04	0.92	1.18	1.05	0.03
Current Unearned Revenue	-	16.85	10.71	7.68	11	9.29
Other Current Liabilities	18.33	0.1	0.31	1.08	1.65	2.02
Total Current Liabilities	31.28	38.09	28.09	36.52	101.66	89.64
Long-Term Debt	7.7	0.28	0.68	-	415.84	270.06
Long-Term Leases	19.82	22.09	16.17	1.67	42.65	43.14
Long-Term Unearned Revenue	-	-	-	-	3.38	3.52
Pension & Post-Retirement Benefits	1.13	1.72	2.74	3.47	4.19	3.89
Long-Term Deferred Tax Liabilities	1.2	-	-	-	65.15	53.64
Other Long-Term Liabilities	0.02	0.05	0.05	0.64	0.77	0.57
Total Liabilities	61.15	62.24	47.73	42.29	633.64	464.45
Common Stock	0.6	0.6	0.6	0.6	0.6	0.6
Additional Paid-In Capital	45.13	45.13	45.13	43.94	43.94	43.94
Retained Earnings	3.05	22.55	19.13	4.96	267.81	234.7
Treasury Stock	-0.43	-0.43	-0.43	-0.43	-0.43	-0.43
Comprehensive Income & Other	-	-	-	1.19	0.36	2.27
Total Common Equity	48.35	67.85	64.43	50.26	312.28	281.08
Minority Interest	-	-	-	-	89.4	80.32
Shareholders' Equity	48.35	67.85	64.43	50.26	401.68	361.4
Total Liabilities & Equity	109.51	130.09	112.16	92.55	1,035	825.85
Total Debt	32.19	25.2	20.48	12.98	528.36	374.63
Net Cash (Debt)	-19.33	-18.76	-11.95	-0.07	-418.51	-282.67
Net Cash Per Share	-3.42	-3.31	-2.11	-0.01	-73.96	-49.95
Filing Date Shares Outstanding	5.66	5.66	5.66	5.66	5.66	5.66
Total Common Shares Outstanding	5.66	5.66	5.66	5.66	5.66	5.66
Working Capital	21.42	32.24	30.63	23.23	54.22	43.62
Book Value Per Share	8.54	11.99	11.38	8.88	55.18	49.67
Tangible Book Value	26.85	44.67	41.68	27.47	287.11	256.27
Tangible Book Value Per Share	4.75	7.89	7.37	4.85	50.73	45.28
Land	-	-	-	-	8.9	8.89
Machinery	-	29.48	28.83	25.44	26.02	23.77
Leasehold Improvements	-	9.77	7.03	6.05	6.03	5.97

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