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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	84.48	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	698.23	262.83	101.25	31.56	15.47	18.37
Total Current Assets	782.71	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	991.54	63.64	63.32	52.95	51.94	1.58
Total Assets	1,774	1,525	1,356	1,034	773.61	462.38
Accounts Payable	161.2	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	87.03	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	3.81	9.84	10.07	9.02	7.08	1.53
Current Income Taxes Payable	4.79	-	-	-	-	-
Other Current Liabilities	390.45	158.48	5.49	3.62	9.62	11.17
Total Current Liabilities	647.27	477.88	96.73	74.97	160.5	55.57
Long-Term Debt	777.21	634.59	727.47	604.26	287.81	249.51
Long-Term Leases	58.86	123.47	133.07	125.3	90.57	57.53
Long-Term Deferred Tax Liabilities	37.79	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	1,521	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	252.9	222	289.45	158.98	164.86	11.94
Minority Interest	-	20.28	35.37	25.82	34.82	45.43
Shareholders' Equity	252.9	242.28	324.83	184.8	199.68	57.37
Total Liabilities & Equity	1,774	1,525	1,356	1,034	773.61	462.38
Total Debt	926.9	993.33	934.92	787.18	509.43	315.74
Net Cash (Debt)	-842.42	-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	135.44	-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	252.9	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.