Spring Ventures Ltd (TLV: SPRG)

Spring Ventures 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	5.26	12.65	4.49	12.45	10.17	7.34
Short-Term Investments	52.96	87.82	18.71	19.74	20	30.31
Cash & Short-Term Investments	58.22	100.47	23.19	32.19	30.17	37.66
Cash Growth	168.37%	333.20%	-27.95%	6.68%	-19.87%	-31.53%
Other Receivables	0.29	0.21	1.39	1.26	0.02	0.15
Receivables	0.29	0.21	1.39	1.26	0.02	0.15
Prepaid Expenses	-	0.12	0.08	0.04	0.03	0.07
Other Current Assets	-	0.02	0.08	0.04	0.1	0.08
Total Current Assets	58.51	100.82	24.74	33.52	30.33	37.95
Property, Plant & Equipment	0.63	0.87	0.53	1.01	0.66	1.19
Long-Term Investments	25.54	21.49	164.4	116.51	50.11	28.95
Other Intangible Assets	0.57	0.59	0.67	0.65	0.62	0.93
Total Assets	85.24	123.77	190.34	151.68	81.72	69.03
Accounts Payable	0.07	0.03	0.04	0.03	0.01	0.06
Accrued Expenses	-	0.67	2.65	2.86	1.5	0.96
Current Portion of Leases	0.4	0.43	0.18	0.43	0.18	0.42
Other Current Liabilities	2.73	1.16	0.63	0.04	0.03	0.07
Total Current Liabilities	3.2	2.29	3.5	3.35	1.73	1.5
Long-Term Leases	-	0.19	-	0.18	-	0.18
Long-Term Deferred Tax Liabilities	1.71	1.06	30.74	21.13	5.6	1.46
Total Liabilities	5.52	4.18	34.86	25.16	7.83	3.65
Common Stock	0.09	0.09	0.09	0.09	0.09	0.09
Additional Paid-In Capital	67.18	67.18	67.18	67.18	66.88	66.88
Retained Earnings	14.1	53.98	89.87	60.91	8.27	-0.24
Comprehensive Income & Other	-1.65	-1.65	-1.65	-1.65	-1.35	-1.35
Total Common Equity	79.71	119.59	155.48	126.52	73.89	65.38
Shareholders' Equity	79.71	119.59	155.48	126.52	73.89	65.38
Total Liabilities & Equity	85.24	123.77	190.34	151.68	81.72	69.03
Total Debt	0.4	0.61	0.18	0.61	0.18	0.6
Net Cash (Debt)	57.82	99.86	23.01	31.58	29.99	37.05
Net Cash Growth	176.89%	334.00%	-27.14%	5.30%	-19.06%	-32.63%
Net Cash Per Share	6.81	11.86	2.73	3.75	3.56	4.40
Filing Date Shares Outstanding	8.42	8.42	8.42	8.42	8.42	8.42
Total Common Shares Outstanding	8.42	8.42	8.42	8.42	8.42	8.42
Working Capital	55.31	98.53	21.24	30.16	28.6	36.46
Book Value Per Share	9.47	14.20	18.47	15.03	8.78	7.76
Tangible Book Value	79.15	119.01	154.81	125.87	73.27	64.45
Tangible Book Value Per Share	9.40	14.13	18.39	14.95	8.70	7.65
Machinery	-	1.64	1.62	1.58	1.53	1.52
Leasehold Improvements	-	0.09	0.09	0.09	0.07	0.07

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