Solaer Renewable Energies Ltd (TLV: SOLR)

Solaer Renewable Energies Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Mar 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	140.75	152.58	69.62	48.53	23.29	1.74
Accounts Receivable	12.62	8.17	12.28	4.93	2.64	0.91
Other Receivables	27.53	13.87	20.63	27.74	9.98	1.36
Prepaid Expenses	-	3.07	3.33	1.18	7.13	0.5
Loans Receivable Current	-	-	-	-	4	-
Other Current Assets	120.62	93.17	31.56	15.47	18.37	4.51
Total Current Assets	301.52	270.85	137.42	97.86	65.42	9.02
Property, Plant & Equipment	923.92	911.74	817.8	602.58	371.49	46.78
Goodwill	1.21	1.22	1.14	1.07	1.22	-
Long-Term Investments	10.29	5.89	0.32	1.13	-	2.91
Long-Term Loans Receivable	7.07	13.17	9.63	5.84	5.44	1.32
Long-Term Deferred Tax Assets	7.39	6.68	2.45	0.48	4.37	2.87
Long-Term Accounts Receivable	12.44	12.49	12.64	12.71	12.85	17.05
Other Long-Term Assets	60.61	51.65	52.95	51.94	1.58	0.12
Total Assets	1,324	1,274	1,034	773.61	462.38	80.06
Accounts Payable	12.52	9.22	4.75	11.09	33.41	1.22
Accrued Expenses	-	7.65	8.98	8.74	2.3	1.85
Short-Term Debt	-	0.78	1.58	0.59	1.99	-
Current Portion of Long-Term Debt	63.65	63.52	47.02	123.38	5.19	0.05
Current Portion of Leases	10.47	10.07	9.02	7.08	1.53	0.8
Current Income Taxes Payable	-	-	-	-	-	0.08
Other Current Liabilities	25	5.49	3.62	9.62	11.17	2.54
Total Current Liabilities	111.63	96.73	74.97	160.5	55.57	6.53
Long-Term Debt	776.51	727.47	604.26	287.81	249.51	62.85
Long-Term Leases	137.56	133.07	125.3	90.57	57.53	10.7
Long-Term Deferred Tax Liabilities	53.52	53.19	44.12	33.31	41.82	3.35
Other Long-Term Liabilities	0.89	0.88	0.88	1.75	0.58	0.85
Total Liabilities	1,080	1,011	849.54	573.93	405.01	84.28
Additional Paid-In Capital	238.32	238.32	168.94	165.79	-	-
Retained Earnings	-80.92	-71.04	-64.94	-37.47	-12.21	-30.27
Comprehensive Income & Other	82.96	83.18	54.98	36.54	24.15	25.54
Total Common Equity	240.36	250.46	158.98	164.86	11.94	-4.73
Minority Interest	3.98	11.89	25.82	34.82	45.43	0.52
Shareholders' Equity	244.34	262.35	184.8	199.68	57.37	-4.21
Total Liabilities & Equity	1,324	1,274	1,034	773.61	462.38	80.06
Total Debt	988.18	934.92	787.18	509.43	315.74	74.4
Net Cash (Debt)	-847.43	-782.34	-717.56	-460.91	-292.45	-72.65
Net Cash Per Share	-58.45	-56.49	-51.68	-35.40	-29.25	-7.27
Filing Date Shares Outstanding	16.41	16.41	13.81	13.95	10	10
Total Common Shares Outstanding	16.41	16.41	13.81	13.95	10	10
Working Capital	189.89	174.13	62.45	-62.64	9.84	2.49
Book Value Per Share	14.65	15.26	11.51	11.82	1.19	-
Tangible Book Value	239.15	249.24	157.84	163.78	10.73	-4.73
Tangible Book Value Per Share	14.57	15.19	11.43	11.74	1.07	-
Machinery	-	436.51	376.85	131.9	39.1	36.55
Construction In Progress	-	365.99	321.5	374.95	271.62	-

Source: S&P Capital IQ. Utility template. Financial Sources.