GILAT SATELLITE NETWORKS LTD GILT Balance Sheet

Gilat satellite networks ltd (GILT)

Balance Sheet / TTM

Dec'17	Dec'16	Dec'15	Sep'15	Dec'14	Dec'13	Jun'13	Dec'12	Jun'12	Dec'11	Dec'10
ASSETS
CURRENT ASSETS:
Cash and cash equivalents
52,957	40,133	18,435	27,723	27,726	58,424	65,841	66,968	52,540	56,231	57,238
Restricted cash
29,288	62,229	100,779	68,405	25,983	18,891	2,316	1,880	1,886	7,034	3,839
Restricted cash held by trustees
4,325	9,058	8,524	1,204	15,441	3,221	2,827	1,664	10,133	1,549	1,004
Trade receivables, net
108,842	89,377	50,984	38,731	57,728	56,466	62,929	52,737	58,223	51,654	51,994
Inventories
28,853	21,469	25,358	28,830	25,112	27,141	29,384	23,128	30,946	31,933	29,612
Other current assets
21,686	17,017	16,223	16,036	14,760	10,143	21,353	23,058	32,355	25,767	22,973
Current assets of discontinued operations
-	-	-	-	-	-	-	49,057	-	-	-
Total current assets
245,951	239,283	220,303	180,929	166,750	174,286	184,650	218,492	186,083	174,168	166,660
LONG-TERM INVESTMENTS AND RECEIVABLES:
Severance pay funds
8,188	7,791	7,545	7,690	8,085	9,856	9,562	9,703	9,236	9,722	10,572
Long-term restricted cash
-	-	-	177	216	6,279	1,184	401	1,624	2,025	4,583
Other long-term receivables
1,258	436	400	7,081	12,124	278	20,268	213	19,308	20,219	6,538
Total long-term investments and receivables
9,446	8,227	7,945	14,948	20,425	16,413	31,014	10,317	30,168	31,966	21,693
PROPERTY AND EQUIPMENT, NET
82,246	80,837	81,963	85,972	90,893	85,369	92,139	87,191	97,683	100,926	103,490
INTANGIBLE ASSETS, NET
5,709	11,383	17,154	18,597	22,970	28,830	32,772	34,773	48,033	49,927	57,453
GOODWILL
43,468	43,468	43,468	43,468	63,870	63,870	65,760	63,870	89,691	89,691	106,082
Total assets
386,820	383,198	370,833	343,914	364,908	368,768	406,335	414,643	451,658	446,678	455,378
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Short-term bank credit and loans
-	-	7,000	9,124	15,857	0	3,060	3,517	4,172	2,971	2,129
Current maturities of long-term loans
4,479	4,617	4,542	4,557	4,595	4,665	7,959	7,963	22,357	19,092	2,186
Trade payables
33,715	29,625	17,210	14,661	22,850	20,900	26,758	22,160	30,831	25,477	18,267
Accrued expenses
70,534	53,429	23,481	20,284	22,475	16,748	21,698	21,451	19,470	25,609	24,591
Advances from customers and deferred revenues
16,721	37,659	87,632	-	-	-	-	-	-	-	-
Advances from customers
-	-	-	-	2,940	-	-	-	-	-	-
Advances from customers held by trustees
1,416	7,498	8,515	58,545	12,858	0	524	4,448	6,553	1,551	1,004
Advances from customers held by trustees
-	-	-	2,614	-	-	-	-	-	-	-
Other current liabilities
20,044	13,846	11,394	17,349	18,587	54,666	41,408	32,346	32,592	36,764	39,675
Liabilities of discontinued operations
-	-	-	-	-	-	-	18,206	-	-	-
Total current liabilities
146,909	146,674	159,774	127,134	100,162	96,979	101,407	110,091	115,975	111,464	87,852
LONG-TERM LIABILITIES:
Long-term loans, net of current maturities
12,582	16,932	21,493	21,680	26,271	31,251	34,728	40,747	42,541	40,353	45,202
Accrued severance pay
7,999	7,485	7,506	7,489	8,157	9,628	9,436	9,513	9,270	9,445	10,579
Accrued interest related to restructured debt
-	-	-	-	-	-	-	-	-	-	575
Convertible subordinated notes
-	-	-	-	-	-	-	-	-	-	14,379
Other long-term liabilities
1,008	2,281	3,978	4,380	5,179	4,877	24,676	12,335	24,176	25,341	32,678
Total long-term liabilities
21,589	26,698	32,977	33,549	39,607	45,756	68,840	62,595	75,987	75,139	103,413
COMMITMENTS AND CONTINGENCIES
0	0	0	0	0	0	0	0	0	0	0
SHAREHOLDERS' EQUITY:
Share capital - Ordinary shares of NIS 0.2 par value: Authorized: 90,000,000 shares at December 31, 2017 and 2016; Issued and outstanding: 54,737,267 and 54,592,667 shares at December 31, 2017 and 2016, respectively
2,601	2,593	2,048	2,046	1,966	1,932	1,926	1,909	1,894	1,882	1,855
Additional paid-in capital
921,726	920,162	884,126	883,803	876,624	873,045	871,540	869,822	868,174	867,098	865,080
Accumulated other comprehensive loss
-3,046	-3,224	-3,727	-3,502	-1,420	1,591	1,592	2,864	1,285	541	774
Accumulated deficit
-702,959	-709,705	-704,365	-699,116	-652,031	-650,535	-638,970	-632,638	-611,657	-609,446	-603,596
Total shareholders' equity
218,322	209,826	178,082	183,231	225,139	226,033	236,088	241,957	259,696	260,075	264,113
Total liabilities and shareholders' equity
386,820	383,198	370,833	343,914	364,908	368,768	406,335	414,643	451,658	446,678	455,378