Tera Light Balance Sheet

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	138.04	2.95	62.27	54.86	167.98
Short-Term Investments	-	13.43	12.12	2.06	-
Trading Asset Securities	25.13	50.96	52	-	0.08
Cash & Short-Term Investments	163.16	67.34	126.39	56.92	168.06
Cash Growth	142.29%	-46.72%	122.06%	-66.13%	270.53%
Accounts Receivable	9.39	3.21	81.71	53.77	21.78
Other Receivables	27.43	12.09	15.69	19.78	12.91
Receivables	36.82	15.3	97.4	73.55	34.69
Inventory	0.03	0.03	4.56	0.21	-
Prepaid Expenses	2.08	0.53	0.28	0.83	0.52
Other Current Assets	23.22	171.35	66.11	10.88	0.14
Total Current Assets	225.3	254.55	294.74	142.39	203.41
Property, Plant & Equipment	1,058	944.44	798.96	380.93	217.57
Long-Term Investments	29.26	30.31	38.19	35.93	51.8
Goodwill	12.93	12.93	20.87	20.87	14.54
Other Intangible Assets	0.68	0.86	0.42	0.5	0.25
Long-Term Deferred Tax Assets	21.34	11.69	6.9	5.95	4
Other Long-Term Assets	76.45	10.14	8.99	0.72	0.1
Total Assets	1,424	1,265	1,169	587.29	491.66
Accounts Payable	41.13	11.83	28.13	32.24	21.69
Accrued Expenses	5.89	10.95	9.64	12.92	7.14
Short-Term Debt	7.98	59.37	14.51	4.35	3.56
Current Portion of Long-Term Debt	25.43	25.65	22.97	7.59	-
Current Portion of Leases	4.21	5.32	3.34	1.46	0.81
Current Income Taxes Payable	0.54	2.23	2.74	1.73	-
Current Unearned Revenue	-	-	0.16	0.16	0.82
Other Current Liabilities	14.49	62.43	0.93	0.35	15.84
Total Current Liabilities	99.68	177.77	82.41	60.8	49.86
Long-Term Debt	754.55	630.17	579.7	77.85	21.71
Long-Term Leases	96.03	85.04	81	68.38	16.86
Pension & Post-Retirement Benefits	-	-	0.06	0.07	-
Long-Term Deferred Tax Liabilities	7.85	-	-	-	-
Other Long-Term Liabilities	1.4	2.61	1.86	12.23	39.46
Total Liabilities	959.51	895.59	745.03	219.34	127.89
Common Stock	233	153	112.72	112.64	-
Retained Earnings	-83.78	-77.01	-36.59	-25.22	-15.76
Comprehensive Income & Other	261.9	260.63	269.07	264.87	373.36
Total Common Equity	411.13	336.63	345.2	352.29	357.6
Minority Interest	53.6	32.71	78.84	15.66	6.17
Shareholders' Equity	464.73	369.33	424.03	367.95	363.77
Total Liabilities & Equity	1,424	1,265	1,169	587.29	491.66
Total Debt	888.21	805.56	701.51	159.64	42.94
Net Cash (Debt)	-725.05	-738.22	-575.12	-102.73	125.13
Net Cash Growth	-	-	-	-	181.77%
Net Cash Per Share	-17.14	-13.15	-8.09	-1.41	2.01
Filing Date Shares Outstanding	78.79	73.1	72.76	72.73	72.73
Total Common Shares Outstanding	78.79	73.1	72.76	72.73	72.73
Working Capital	125.63	76.78	212.33	81.59	153.55
Book Value Per Share	5.22	4.61	4.74	4.84	4.92
Tangible Book Value	397.52	322.84	323.91	330.92	342.81
Tangible Book Value Per Share	5.05	4.42	4.45	4.55	4.71
Machinery	0.96	0.78	5.64	5.33	1.63
Construction In Progress	970.87	865.17	715.6	307.26	199.56
Leasehold Improvements	0.03	0.03	1.43	1.31	0.33

Source: S&P Global Market Intelligence. Standard template. Financial Sources.