Urbanica (Palo) Retail Balance Sheet

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	256.28	33.32	80.38	-
Cash & Short-Term Investments	256.28	33.32	80.38	-
Cash Growth	-	-58.54%	-	-
Accounts Receivable	-	29.26	26.49	-
Other Receivables	58.38	12.34	10.25	-
Receivables	58.38	41.59	36.74	-
Inventory	265.47	165.6	103.61	-
Prepaid Expenses	-	0.71	-	-
Other Current Assets	-	2.87	0.11	-
Total Current Assets	580.13	244.09	220.83	-
Property, Plant & Equipment	566.53	323.77	285.98	-
Other Intangible Assets	8.8	0.06	0.03	-
Long-Term Deferred Tax Assets	20.11	11.9	10.04	-
Other Long-Term Assets	0.7	0.55	0.64	-
Total Assets	1,187	580.37	517.52	-
Accounts Payable	54.06	56.35	16.84	-
Current Portion of Leases	79.59	45.38	39.64	-
Current Income Taxes Payable	8.15	3.69	-	-
Current Unearned Revenue	2.94	1.14	0.87	-
Other Current Liabilities	26.15	19.35	19.7	-
Total Current Liabilities	170.89	125.91	77.06	-
Long-Term Debt	-	-	30	-
Long-Term Leases	443.23	268.19	244.21	-
Other Long-Term Liabilities	10.27	5.44	4.86	-
Total Liabilities	624.39	399.54	356.13	-
Additional Paid-In Capital	534.64	99.85	98.68	-
Retained Earnings	26.1	79.87	60.98	-
Comprehensive Income & Other	1.38	1.11	1.72	-
Shareholders' Equity	562.12	180.83	161.39	-
Total Liabilities & Equity	1,187	580.37	517.52	-
Total Debt	522.82	313.56	313.85	-
Net Cash (Debt)	-266.54	-280.24	-233.48	-
Net Cash Per Share	-3.62	-4.24	-3.54	-
Filing Date Shares Outstanding	128.78	100.18	66	66
Total Common Shares Outstanding	128.78	100.18	66	66
Working Capital	409.24	118.18	143.77	-
Book Value Per Share	4.37	1.81	2.45	-
Tangible Book Value	543.08	180.77	161.36	-
Tangible Book Value Per Share	4.22	1.80	2.44	-
Machinery	-	4.38	3.04	-
Leasehold Improvements	-	83.09	63.37	-

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