Orbotech ltd (ORBK)
Balance Sheet / Quarterly
Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10
ASSETS
CURRENT ASSETS:
Cash and cash equivalents

315,803

216,292

162,102

136,367

161,155

256,663

151,237

179,503

Restricted cash

-

12,487

-

-

-

-

-

-

Restricted cash

-

-

13,617

10,000

-

-

-

-

Marketable securities

-

-

409

-

5,265

2,238

-

-

Short-term bank deposits

4,115

789

9,550

10,000

38,650

3,014

145,292

-

Short-term bank deposits

-

-

-

-

-

-

-

2,780

Trade receivables

362,839

326,343

284,192

248,071

198,203

164,482

196,232

153,518

Prepaid expenses and other current assets

56,448

47,258

55,906

39,076

31,546

29,836

26,163

29,919

Deferred income taxes

-

-

-

8,213

8,094

7,862

6,580

5,913

Inventories

182,152

132,435

133,250

157,030

93,938

93,854

105,109

112,812

Assets of discontinued operations

-

-

-

-

-

-

-

12,351

Total current assets

921,357

735,604

659,026

608,757

536,851

557,949

630,613

496,796

INVESTMENTS AND NON-CURRENT ASSETS:
Marketable securities

7,888

7,012

5,637

5,890

13,106

12,788

-

2,549

Funds in respect of employee rights upon retirement

10,622

8,375

8,130

9,755

11,024

10,598

11,846

13,017

Deferred income taxes

43,157

19,840

20,147

13,067

15,130

13,634

8,999

12,679

Equity method investees and other receivables

5,556

9,113

10,144

8,926

9,911

7,592

-

-

Deferred financing costs

-

-

-

7,470

-

-

-

-

Other long-term investments and receivables

-

-

-

-

-

-

2,426

29

Total investments and non-current assets

67,223

44,340

44,058

45,108

49,171

44,612

23,271

28,274

PROPERTY, PLANT AND EQUIPMENT, net

69,612

62,375

58,982

55,580

27,715

24,559

26,664

24,842

OTHER INTANGIBLE ASSETS, net

68,226

84,210

109,635

145,082

10,401

-

-

-

GOODWILL

177,486

176,374

170,177

179,445

12,444

12,444

12,444

12,034

OTHER INTANGIBLE ASSETS, net

-

-

-

-

-

14,442

54,491

66,395

Total assets

1,303,904

1,102,903

1,041,878

1,033,972

636,582

654,006

747,483

628,341

LIABILITIES AND EQUITY
CURRENT LIABILITIES:
Current maturities of long-term loan

16,364

16,364

13,937

2,636

-

64,000

32,000

32,000

Accounts payable and accruals:
Trade

96,166

72,085

65,037

64,683

43,663

32,286

32,357

26,535

Other

123,510

114,692

94,930

81,747

55,482

48,884

57,590

55,290

Deferred income

37,445

28,576

29,282

38,008

24,854

17,388

25,910

24,421

Liabilities of discontinued operations

-

-

-

-

-

-

-

2,172

Total current liabilities

273,485

231,717

203,186

187,074

123,999

162,558

147,857

140,418

LONG-TERM LIABILITIES:
Long-term loan, net

56,117

72,002

218,372

293,851

-

-

-

-

Liability with respect to Applied Microstructures, Inc. ("AMST")

-

1,471

-

-

-

-

-

-

Long-term bank loan

-

-

-

-

-

-

64,000

96,000

Liability for employee rights upon retirement

24,997

22,973

21,535

22,763

25,845

25,221

26,797

27,501

Deferred income taxes

14,536

14,392

16,984

20,185

2,406

2,236

1,759

2,188

Other tax liabilities

22,901

7,567

14,045

13,218

17,178

16,478

16,938

12,679

Total long-term liabilities

118,551

118,405

270,936

350,017

45,429

43,935

109,494

138,368

COMMITMENTS AND CONTINGENT LIABILITIES (see Note 9)

0

0

0

0

0

0

0

0

Total liabilities

392,036

350,122

474,122

537,091

169,428

206,493

257,351

278,786

EQUITY:
Ordinary shares of New Israeli Shekels ("NIS") 0.14 par value per share ("Ordinary Shares") Authorized at December 31, 2017 and 2016: 80,000,000 Ordinary Shares Issued at December 31, 2017 and 2016: 53,788,799 and 53,219,226 Ordinary Shares, respectively Outstanding at December 31, 2017 and 2016: 48,378,026 and 47,808,453 Ordinary Shares, respectively

2,404

2,381

2,209

2,163

2,124

2,102

2,092

1,758

Additional paid-in capital

433,922

420,185

306,612

293,056

-

-

-

-

Additional paid-in capital

-

-

-

-

281,159

274,856

270,966

174,940

Retained earnings

572,544

440,159

360,721

303,950

268,570

228,569

274,148

226,809

Accumulated other comprehensive income (loss)

252

-9,221

-1,506

-1,980

409

628

-1,460

1,454

Less treasury shares, at cost at December 31, 2017 and 2016: 5,410,773 Ordinary Shares

99,539

99,539

99,539

99,539

84,946

59,151

57,192

57,192

Total Orbotech Ltd. equity

909,583

753,965

568,497

497,650

467,154

447,004

488,554

347,769

Non-controlling interests

2,285

-1,184

-741

-769

-162

509

1,578

1,786

Total equity

911,868

752,781

567,756

496,881

467,316

447,513

490,132

349,555

Total liabilities and equity

1,303,904

1,102,903

1,041,878

1,033,972

636,582

654,006

747,483

628,341