Solaer Renewable Energies Balance Sheet

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	153.71	73.54	61.92	152.58	69.62	48.53
Accounts Receivable	18.47	10.19	23.41	8.17	12.28	4.93
Other Receivables	44.85	21.02	28.38	13.87	20.63	27.74
Prepaid Expenses	-	5.81	1.97	3.07	3.33	1.18
Loans Receivable Current	-	-	7.65	-	-	-
Other Current Assets	409.66	445.25	262.83	101.25	31.56	15.47
Total Current Assets	626.69	555.8	386.17	278.94	137.42	97.86
Property, Plant & Equipment	1,115	997.44	1,006	973.96	817.8	602.58
Goodwill	1.11	1.14	1.16	1.22	1.14	1.07
Long-Term Investments	31.9	29.16	20.93	5.89	0.32	1.13
Long-Term Loans Receivable	40.27	40.71	20.31	13.17	9.63	5.84
Long-Term Deferred Tax Assets	8.39	6.02	18.11	6.68	2.45	0.48
Long-Term Accounts Receivable	-	-	8.82	12.49	12.64	12.71
Other Long-Term Assets	67.35	69.71	63.64	63.32	52.95	51.94
Total Assets	1,890	1,700	1,525	1,356	1,034	773.61
Accounts Payable	45.35	59.14	48.09	9.22	4.75	11.09
Accrued Expenses	-	17.3	36.04	7.65	8.98	8.74
Short-Term Debt	-	50.88	206.06	0.78	1.58	0.59
Current Portion of Long-Term Debt	65.31	20.97	18.58	63.52	47.02	123.38
Current Portion of Leases	6.88	7	9.84	10.07	9.02	7.08
Other Current Liabilities	245.88	224.8	159.28	5.49	3.62	9.62
Total Current Liabilities	363.42	380.09	477.88	96.73	74.97	160.5
Long-Term Debt	1,001	769.26	634.59	727.47	604.26	287.81
Long-Term Leases	86.76	86.53	123.47	133.07	125.3	90.57
Long-Term Deferred Tax Liabilities	33.27	35.62	46.32	72.68	44.12	33.31
Other Long-Term Liabilities	23.91	25.26	0.21	0.88	0.88	1.75
Total Liabilities	1,509	1,297	1,282	1,031	849.54	573.93
Additional Paid-In Capital	405.17	399.07	238.79	238.32	168.94	165.79
Retained Earnings	-75.16	-49.53	-80.5	-30.58	-64.94	-37.47
Comprehensive Income & Other	48.07	44.8	63.72	81.71	54.98	36.54
Total Common Equity	378.07	394.34	222	289.45	158.98	164.86
Minority Interest	3.47	8.88	20.28	35.37	25.82	34.82
Shareholders' Equity	381.54	403.22	242.28	324.83	184.8	199.68
Total Liabilities & Equity	1,890	1,700	1,525	1,356	1,034	773.61
Total Debt	1,160	934.64	992.53	934.92	787.18	509.43
Net Cash (Debt)	-1,007	-861.1	-930.61	-782.34	-717.56	-460.91
Net Cash Per Share	-57.05	-47.54	-56.70	-56.49	-51.68	-35.40
Filing Date Shares Outstanding	19.24	20.09	16.41	16.41	13.81	13.95
Total Common Shares Outstanding	19.24	20.09	16.41	16.41	13.81	13.95
Working Capital	263.27	175.71	-91.71	182.21	62.45	-62.64
Book Value Per Share	19.65	19.62	13.53	17.64	11.51	11.82
Tangible Book Value	376.97	393.2	220.85	288.23	157.84	163.78
Tangible Book Value Per Share	19.59	19.57	13.46	17.56	11.43	11.74
Machinery	-	37.48	197.1	436.51	376.85	131.9
Construction In Progress	-	871.96	703.72	428.2	321.5	374.95