Zephyrus Wing 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	191.72	138.9	112.69	109.66	152.37	40.73
Short-Term Investments	0.01	0.08	10.21	-	-	-
Trading Asset Securities	113.78	112.03	21.08	21.94	28.19	48.65
Accounts Receivable	2.12	3.17	3.23	21.27	35.96	29.18
Other Receivables	33.08	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	340.71	295.4	158.83	181.33	226.78	127.21
Property, Plant & Equipment	1,203	1,229	1,134	1,211	1,063	908
Long-Term Investments	29.71	23.82	48.32	47.79	87.55	-
Long-Term Deferred Tax Assets	3	3.5	-	3.31	69.3	53.21
Other Long-Term Assets	124.09	127.19	151.77	120.01	53.64	25.59
Total Assets	1,701	1,679	1,493	1,564	1,500	1,114
Accounts Payable	20.62	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	90.72	82.46	61.11	59.73	154.04	647.54
Current Portion of Leases	13.56	12.64	9.35	8.56	7.31	6.22
Other Current Liabilities	106.76	56.67	44.05	60.84	159.94	122.03
Total Current Liabilities	231.65	175.84	133.1	134.69	333.27	788.81
Long-Term Debt	861.66	841.95	721.18	806.27	735.85	90.83
Long-Term Leases	114.77	116.97	83.61	76.24	65.35	53.98
Long-Term Deferred Tax Liabilities	4.39	5.38	3.26	-	-	-
Other Long-Term Liabilities	71.49	77.26	72.01	132.5	349.18	172.32
Total Liabilities	1,284	1,217	1,013	1,150	1,484	1,106
Common Stock	741.77	731.8	731.8	731.8	610.11	503.46
Retained Earnings	64.69	95.57	115.13	32.72	-264.9	-202.14
Comprehensive Income & Other	-389.86	-366.04	-367.21	-350.53	-218.89	-202.31
Total Common Equity	416.59	461.33	479.71	413.99	126.32	99.01
Minority Interest	-	-	-	-	-110	-90.93
Shareholders' Equity	416.59	461.33	479.71	413.99	16.31	8.08
Total Liabilities & Equity	1,701	1,679	1,493	1,564	1,500	1,114
Total Debt	1,081	1,054	875.25	950.8	962.56	798.57
Net Cash (Debt)	-775.19	-803.01	-731.27	-819.2	-782.01	-709.19
Net Cash Per Share	-11.93	-12.35	-11.25	-13.52	-17.00	-15.42
Filing Date Shares Outstanding	65.72	65.02	65.02	65.02	46	56
Total Common Shares Outstanding	65.72	65.02	65.02	65.02	46	-
Working Capital	109.06	119.55	25.73	46.64	-106.49	-661.6
Book Value Per Share	6.34	7.10	7.38	6.37	2.75	-
Tangible Book Value	416.59	461.33	479.71	413.99	126.32	99.01
Tangible Book Value Per Share	6.34	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.