Zephyrus Wing Energies 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	138.9	112.69	109.66	152.37	40.73
Short-Term Investments	0.08	10.21	-	-	-
Trading Asset Securities	112.03	21.08	21.94	28.19	48.65
Accounts Receivable	3.17	3.23	21.27	35.96	29.18
Other Receivables	35.65	7.96	10.56	6.46	4.15
Prepaid Expenses	5.56	3.66	3.49	3.81	-
Other Current Assets	-	-	14.41	-	4.5
Total Current Assets	295.4	158.83	181.33	226.78	127.21
Property, Plant & Equipment	1,229	1,134	1,211	1,063	908
Long-Term Investments	23.82	48.32	47.79	87.55	-
Long-Term Deferred Tax Assets	3.5	-	3.31	69.3	53.21
Other Long-Term Assets	127.19	151.77	120.01	53.64	25.59
Total Assets	1,679	1,493	1,564	1,500	1,114
Accounts Payable	14.81	11.61	2.31	10.1	8.16
Accrued Expenses	9.27	6.97	3.25	1.87	4.86
Current Portion of Long-Term Debt	82.46	61.11	59.73	154.04	647.54
Current Portion of Leases	12.64	9.35	8.56	7.31	6.22
Other Current Liabilities	56.67	44.05	60.84	159.94	122.03
Total Current Liabilities	175.84	133.1	134.69	333.27	788.81
Long-Term Debt	841.95	721.18	806.27	735.85	90.83
Long-Term Leases	116.97	83.61	76.24	65.35	53.98
Long-Term Deferred Tax Liabilities	5.38	3.26	-	-	-
Other Long-Term Liabilities	77.26	72.01	132.5	349.18	172.32
Total Liabilities	1,217	1,013	1,150	1,484	1,106
Common Stock	731.8	731.8	731.8	610.11	503.46
Retained Earnings	95.57	115.13	32.72	-264.9	-202.14
Comprehensive Income & Other	-366.04	-367.21	-350.53	-218.89	-202.31
Total Common Equity	461.33	479.71	413.99	126.32	99.01
Minority Interest	-	-	-	-110	-90.93
Shareholders' Equity	461.33	479.71	413.99	16.31	8.08
Total Liabilities & Equity	1,679	1,493	1,564	1,500	1,114
Total Debt	1,054	875.25	950.8	962.56	798.57
Net Cash (Debt)	-803.01	-731.27	-819.2	-782.01	-709.19
Net Cash Per Share	-12.35	-11.25	-13.52	-17.00	-15.42
Filing Date Shares Outstanding	65.02	65.02	65.02	46	56
Total Common Shares Outstanding	65.02	65.02	65.02	46	-
Working Capital	119.55	25.73	46.64	-106.49	-661.6
Book Value Per Share	7.10	7.38	6.37	2.75	-
Tangible Book Value	461.33	479.71	413.99	126.32	99.01
Tangible Book Value Per Share	7.10	7.38	6.37	2.75	-
Machinery	1,240	1,232	1,280	901.26	839.36
Construction In Progress	115.98	13.58	4.57	178.67	59.23

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