Rada electronic industries ltd (RADA)
Balance Sheet / TTM
Jun'18Dec'17Jun'17Dec'16Jun'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10
ASSETS
CURRENT ASSETS:
Cash and cash equivalents

15,558

12,417

743

1,205

2,067

734

1,786

2,137

1,164

1,107

850

Restricted cash

422

322

586

317

-

-

-

-

-

-

-

Trade receivables, net

5,051

7,286

5,860

5,006

-

-

-

-

-

-

-

Contract assets (Note 4)

1,188

1,140

-

-

-

-

-

-

-

-

-

Restricted deposits

-

-

-

-

602

609

349

1,033

1,311

1,385

1,448

Trade receivables (net of allowance for doubtful accounts of $14 and $2 at December 31, 2016 and 2015)

-

-

-

-

2,932

3,646

3,455

4,890

5,381

6,920

9,452

Costs and estimated earnings in excess of billings on uncompleted contracts (Note 3)

-

-

613

1,096

2,184

2,207

2,657

2,031

1,748

814

2,698

Other accounts receivable and prepaid expenses

491

330

575

349

498

204

428

412

939

727

820

Inventories (Note 5)

7,037

7,910

7,871

7,102

7,042

5,691

6,651

6,798

7,272

7,655

6,215

Current assets related to discontinued operations (Note 1b)

2,130

2,468

2,374

2,254

-

2,288

-

-

-

-

-

Total current assets

31,877

31,873

18,622

17,329

15,325

15,379

15,326

17,301

17,815

18,608

21,483

NON CURRENT ASSETS:
Long-term receivables and other deposits (Note 6)

-

-

737

742

-

-

-

-

-

-

-

Long-term receivable and other deposits

72

68

-

-

57

119

1,394

1,133

1,160

1,563

1,546

Property, plant and equipment, net (Note 6)

4,232

3,915

-

2,650

3,074

2,687

2,790

2,986

3,324

3,277

3,173

Long-term assets related to discontinued operations (Note 1b)

281

319

-

-

-

391

-

-

-

-

-

Property, plant and equipment, net

-

-

3,159

-

-

-

-

-

-

-

-

Long-term assets related to discontinued operations

-

-

186

266

-

-

-

-

-

-

-

Total non-current assets

4,585

4,302

4,082

3,658

-

-

-

-

-

-

-

Intangible assets, net

-

-

-

-

-

-

-

-

-

155

309

GOODWILL

-

-

-

-

-

-

587

587

587

587

587

Total other assets

-

-

-

-

-

-

-

-

-

742

896

Total assets

36,462

36,175

22,704

20,987

18,456

18,576

20,097

22,007

22,886

24,190

27,098

LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Bank credit (Note 8)

-

-

522

575

1,322

2,416

1,589

1,887

3,172

3,933

4,274

Trade payables

2,227

2,904

2,906

2,557

-

-

-

-

-

-

-

Trade payables

-

-

-

-

1,289

1,951

1,315

2,909

1,948

2,380

3,083

Loans from shareholders

-

-

-

-

-

-

-

-

-

2,405

-

Convertible Note and Loans from shareholders, net (Note 9)

-

-

-

-

102

1,634

8,120

8,307

6,968

2,810

0

Other accounts payable and accrued expenses

2,276

2,814

2,489

1,987

2,858

2,630

4,267

4,350

3,750

4,126

6,061

Advances from customers

116

41

0

839

-

0

-

-

-

-

-

Contract liabilities (Note 4)

431

145

-

-

-

-

-

-

-

-

-

Current liabilities related to discontinued operations (Note 1b)

411

328

286

265

-

226

-

-

-

-

-

Billings in excess of costs and estimated earnings on uncompleted contracts

-

-

-

-

-

-

-

-

-

-

471

Total current liabilities

5,461

6,232

6,203

6,223

5,571

8,857

15,291

17,453

15,838

15,654

13,889

LONG-TERM LIABILITIES:
Convertible loan from shareholders, net (Note 8)

-

-

3,091

3,072

3,052

0

-

-

-

-

2,598

Accrued severance pay and other long term liability

760

758

747

663

-

-

-

-

-

-

-

Loans from shareholders, net

-

-

-

-

-

-

-

-

-

176

881

Accrued severance pay and other long term liability

-

-

-

-

671

660

634

569

519

516

547

Total long-term liabilities

760

758

3,838

3,735

3,723

660

634

569

519

692

4,026

COMMITMENTS AND CONTINGENT LIABILITIES (Note 10)

-

-

-

0

-

-

0

0

0

0

0

SHAREHOLDERS EQUITY:
Share capital (Note 9) - Ordinary Shares of NIS 0.03 par value - Authorized: 100,000,000 shares at June 30, 2018 and 37,500,000 at December 31, 2017, respectively; Issued and outstanding: 32,895,576 at June 30, 2018 and 31,392,040 at December 31, 2017, respectively

348

335

258

250

213

146

119

119

119

119

119

Additional paid-in capital

-

-

90,068

89,407

-

-

-

-

-

-

-

Additional paid-in capital

106,110

104,923

-

-

85,961

82,427

70,884

70,884

70,884

70,176

70,060

Accumulated other comprehensive income

105

392

280

222

329

387

536

547

468

443

392

Accumulated deficit

-76,854

-77,124

-78,480

-79,363

-77,874

-74,453

-67,992

-68,200

-65,565

-63,514

-61,988

Total RADA Electronic Industries shareholders' equity

29,709

28,526

12,126

10,516

8,629

8,507

3,547

3,350

5,906

7,224

8,583

Non-controlling interest

532

659

537

513

533

552

625

635

623

620

600

Total shareholders' equity

30,241

29,185

12,663

11,029

9,162

9,059

4,172

3,985

6,529

7,844

9,183

Total liabilities and shareholders' equity

36,462

36,175

22,704

20,987

18,456

18,576

20,097

22,007

22,886

24,190

27,098