Solaer Renewable Energies Ltd (TLV:SOLR)

Solaer Renewable Energies Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	61.92	152.58	69.62	48.53	23.29
Accounts Receivable	23.41	8.17	12.28	4.93	2.64
Other Receivables	28.38	13.87	20.63	27.74	9.98
Prepaid Expenses	1.97	3.07	3.33	1.18	7.13
Loans Receivable Current	7.65	-	-	-	4
Other Current Assets	262.83	101.25	31.56	15.47	18.37
Total Current Assets	386.17	278.94	137.42	97.86	65.42
Property, Plant & Equipment	1,006	973.96	817.8	602.58	371.49
Goodwill	1.16	1.22	1.14	1.07	1.22
Long-Term Investments	20.93	5.89	0.32	1.13	-
Long-Term Loans Receivable	20.31	13.17	9.63	5.84	5.44
Long-Term Deferred Tax Assets	18.11	6.68	2.45	0.48	4.37
Long-Term Accounts Receivable	8.82	12.49	12.64	12.71	12.85
Other Long-Term Assets	63.64	63.32	52.95	51.94	1.58
Total Assets	1,525	1,356	1,034	773.61	462.38
Accounts Payable	48.09	9.22	4.75	11.09	33.41
Accrued Expenses	36.04	7.65	8.98	8.74	2.3
Short-Term Debt	206.85	0.78	1.58	0.59	1.99
Current Portion of Long-Term Debt	18.58	63.52	47.02	123.38	5.19
Current Portion of Leases	9.84	10.07	9.02	7.08	1.53
Other Current Liabilities	158.48	5.49	3.62	9.62	11.17
Total Current Liabilities	477.88	96.73	74.97	160.5	55.57
Long-Term Debt	634.59	727.47	604.26	287.81	249.51
Long-Term Leases	123.47	133.07	125.3	90.57	57.53
Long-Term Deferred Tax Liabilities	46.32	72.68	44.12	33.31	41.82
Other Long-Term Liabilities	0.21	0.88	0.88	1.75	0.58
Total Liabilities	1,282	1,031	849.54	573.93	405.01
Additional Paid-In Capital	238.79	238.32	168.94	165.79	-
Retained Earnings	-80.5	-30.58	-64.94	-37.47	-12.21
Comprehensive Income & Other	63.72	81.71	54.98	36.54	24.15
Total Common Equity	222	289.45	158.98	164.86	11.94
Minority Interest	20.28	35.37	25.82	34.82	45.43
Shareholders' Equity	242.28	324.83	184.8	199.68	57.37
Total Liabilities & Equity	1,525	1,356	1,034	773.61	462.38
Total Debt	993.33	934.92	787.18	509.43	315.74
Net Cash (Debt)	-931.41	-782.34	-717.56	-460.91	-292.45
Net Cash Per Share	-56.75	-56.49	-51.68	-35.40	-29.25
Filing Date Shares Outstanding	16.41	16.41	13.81	13.95	10
Total Common Shares Outstanding	16.41	16.41	13.81	13.95	10
Working Capital	-91.71	182.21	62.45	-62.64	9.84
Book Value Per Share	13.53	17.64	11.51	11.82	1.19
Tangible Book Value	220.85	288.23	157.84	163.78	10.73
Tangible Book Value Per Share	13.46	17.56	11.43	11.74	1.07
Machinery	197.1	436.51	376.85	131.9	39.1
Construction In Progress	703.72	428.2	321.5	374.95	271.62

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