Solaer Renewable Energies Ltd (TLV:SOLR)

Solaer Renewable Energies Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	43.99	61.92	152.58	69.62	48.53	23.29
Accounts Receivable	12.81	23.41	8.17	12.28	4.93	2.64
Other Receivables	60.24	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	8.02	7.65	-	-	-	4
Other Current Assets	587.67	262.83	101.25	31.56	15.47	18.37
Total Current Assets	712.74	386.17	278.94	137.42	97.86	65.42
Property, Plant & Equipment	847.56	1,006	973.96	817.8	602.58	371.49
Goodwill	1.21	1.16	1.22	1.14	1.07	1.22
Long-Term Investments	21.39	20.93	5.89	0.32	1.13	-
Long-Term Loans Receivable	37.47	20.31	13.17	9.63	5.84	5.44
Long-Term Deferred Tax Assets	15.32	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	69.05	63.64	63.32	52.95	51.94	1.58
Total Assets	1,705	1,525	1,356	1,034	773.61	462.38
Accounts Payable	20.42	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	47.98	18.58	63.52	47.02	123.38	5.19
Current Portion of Leases	3.47	9.84	10.07	9.02	7.08	1.53
Current Income Taxes Payable	7.73	-	-	-	-	-
Other Current Liabilities	485.99	158.48	5.49	3.62	9.62	11.17
Total Current Liabilities	565.59	477.88	96.73	74.97	160.5	55.57
Long-Term Debt	797.82	634.59	727.47	604.26	287.81	249.51
Long-Term Leases	38.96	123.47	133.07	125.3	90.57	57.53
Long-Term Deferred Tax Liabilities	40.78	46.32	72.68	44.12	33.31	41.82
Other Long-Term Liabilities	0.22	0.21	0.88	0.88	1.75	0.58
Total Liabilities	1,443	1,282	1,031	849.54	573.93	405.01
Additional Paid-In Capital	292.58	238.79	238.32	168.94	165.79	-
Retained Earnings	-60.01	-80.5	-30.58	-64.94	-37.47	-12.21
Comprehensive Income & Other	13.72	63.72	81.71	54.98	36.54	24.15
Total Common Equity	246.29	222	289.45	158.98	164.86	11.94
Minority Interest	15.07	20.28	35.37	25.82	34.82	45.43
Shareholders' Equity	261.36	242.28	324.83	184.8	199.68	57.37
Total Liabilities & Equity	1,705	1,525	1,356	1,034	773.61	462.38
Total Debt	888.24	993.33	934.92	787.18	509.43	315.74
Net Cash (Debt)	-844.24	-931.41	-782.34	-717.56	-460.91	-292.45
Net Cash Per Share	-49.48	-56.75	-56.49	-51.68	-35.40	-29.25
Filing Date Shares Outstanding	16.41	16.41	16.41	13.81	13.95	10
Total Common Shares Outstanding	16.41	16.41	16.41	13.81	13.95	10
Working Capital	147.15	-91.71	182.21	62.45	-62.64	9.84
Book Value Per Share	15.01	13.53	17.64	11.51	11.82	1.19
Tangible Book Value	245.08	220.85	288.23	157.84	163.78	10.73
Tangible Book Value Per Share	14.93	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.