Tower semiconductor ltd (TSEM)
Balance Sheet / TTM
Jun'18Dec'17Jun'17Dec'16Jun'16Dec'15Jun'15Dec'14Jun'14Dec'13Jun'13Dec'12Jun'12Dec'11Dec'10
ASSETS
CURRENT ASSETS
Cash and cash equivalents

486,880

445,961

483,603

355,284

311,062

175,575

142,503

187,167

192,220

112,871

106,559

123,398

139,089

101,149

100,375

Marketable securities

140,140

113,874

-

0

-

-

-

-

-

-

-

-

-

-

-

Short term deposits

-

-

0

34,093

0

30,000

-

0

0

10,000

10,000

10,000

31,572

0

-

Interest bearing deposits, including designated deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

98,007

Trade accounts receivable

161,017

149,666

150,731

141,048

126,839

110,065

112,624

99,166

106,569

80,316

87,118

79,354

91,928

75,350

67,415

Other receivables

-

-

-

-

13,993

-

6,333

5,759

8,450

10,943

12,105

5,379

6,783

5,000

5,344

Inventories

153,413

143,315

139,010

137,532

136,125

105,681

91,855

87,873

83,689

64,804

71,195

65,570

64,294

69,024

42,512

Other current assets

19,089

21,516

34,391

30,041

21,581

25,406

18,796

14,119

38,305

11,480

15,236

14,405

14,716

15,567

8,422

Total current assets

960,539

874,332

807,735

697,998

609,600

446,727

372,111

394,084

429,233

290,414

302,213

298,106

348,382

266,090

322,075

LONG-TERM INVESTMENTS

28,978

26,073

27,291

25,624

11,861

11,737

12,437

11,896

14,386

14,494

13,440

12,963

12,555

12,644

31,051

PROPERTY AND EQUIPMENT, NET

648,413

635,124

628,279

616,686

625,163

459,533

415,092

419,111

485,177

350,039

383,792

434,468

472,592

498,683

375,325

INTANGIBLE ASSETS, NET

16,671

19,841

23,848

28,129

34,807

34,468

39,283

42,037

49,603

32,393

39,716

47,936

52,620

58,737

54,247

GOODWILL

7,000

7,000

7,000

7,000

7,000

7,000

7,000

7,000

7,000

7,000

7,000

7,000

7,000

7,000

7,000

DEFERRED TAX AND OTHER LONG-TERM ASSETS, NET

101,022

111,269

4,355

4,447

4,586

5,903

7,410

10,018

10,847

11,547

16,145

13,768

14,715

14,067

12,030

TOTAL ASSETS

1,762,623

1,673,639

1,498,508

1,379,884

1,293,017

965,368

853,333

884,146

996,246

705,887

762,306

814,241

907,864

857,221

801,728

LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES
Current maturities of loans, leases and debentures

100,242

105,958

55,295

48,084

38,174

33,259

40,558

119,999

97,128

36,441

35,207

49,923

41,619

48,255

122,179

Trade accounts payable

126,135

115,347

95,328

99,262

98,829

91,773

106,677

98,632

100,456

66,358

74,678

81,372

96,743

111,620

48,656

Deferred revenue and customers' advances

10,297

14,338

25,689

26,169

18,802

23,373

11,540

5,478

3,752

3,166

3,261

1,784

4,835

5,731

40,273

Employee related liabilities

54,627

50,844

57,814

49,517

60,336

44,734

54,928

59,597

80,423

25,957

-

-

-

-

-

Other current liabilities

21,240

15,886

20,237

24,083

27,050

17,980

17,787

16,619

26,548

7,994

31,870

36,240

66,608

64,654

38,914

Total current liabilities

312,541

302,373

254,363

247,115

243,191

211,119

231,490

300,325

308,307

139,916

145,016

169,319

209,805

230,260

250,022

LONG-TERM DEBT
Debentures

122,571

128,368

177,463

162,981

160,321

45,481

59,722

107,311

178,305

208,146

203,081

193,962

277,275

197,765

247,598

Other long-term debt

126,114

100,355

120,146

133,163

160,123

210,538

154,635

159,776

161,131

108,739

103,899

94,992

124,959

103,845

111,882

LONG-TERM CUSTOMERS' ADVANCES

29,771

31,908

29,061

41,874

48,999

21,102

6,178

6,272

6,572

7,187

7,182

7,407

7,447

7,941

9,257

EMPLOYEE RELATED LIABILITIES

14,616

14,662

14,652

14,176

14,029

14,189

16,571

16,699

16,406

65,337

74,237

77,963

87,149

97,927

27,891

DEFERRED TAX LIABILITY

53,991

63,924

86,080

95,233

107,585

69,744

74,551

75,278

100,135

13,611

22,522

26,405

25,782

20,428

9,876

OTHER LONG-TERM LIABILITIES

2,344

2,343

2,728

2,728

-

7,609

9,897

22,924

33,925

21,703

22,167

24,168

23,721

24,352

27,420

TOTAL LIABILITIES

661,948

643,933

684,493

697,270

734,248

579,782

553,044

688,585

804,781

564,639

578,104

594,216

756,138

682,518

683,946

Ordinary shares of NIS 15 par value: 150,000 authorized as of December 31, 2017 and 2016 98,544 and 98,458 issued and outstanding, respectively, as of December 31, 2017 93,071 and 92,985 issued and outstanding, respectively, as of December 31, 2016

-

-

-

369,057

-

326,572

-

235,117

-

192,776

-

87,280

-

-

-

Additional paid-in capital

-

-

-

1,318,725

-

1,273,545

-

1,137,946

-

1,084,011

-

937,814

-

-

-

Capital notes

-

-

-

41,264

-

48,553

-

60,704

-

92,549

-

305,262

-

-

-

Cumulative stock based compensation

-

-

-

68,921

-

58,209

-

50,017

-

45,380

-

42,826

-

-

-

Accumulated other comprehensive loss

-

-

-

-27,827

-

-26,810

-

-25,726

-

-16,126

-

-3,475

-

-

-

Accumulated deficit

-

-

-

-1,071,036

-

-1,273,654

-

-1,244,007

-

-1,248,270

-

-1,140,610

-

-

-

SHAREHOLDERS' EQUITY, before treasury stock

-

-

-

699,104

-

406,415

-

214,051

-

150,320

-

229,097

-

-

-

Treasury stock, at cost - 86 shares

-

-

-

9,072

-

9,072

-

9,072

-

9,072

-

9,072

-

-

-

THE COMPANY'S SHAREHOLDERS' EQUITY

1,106,453

1,036,060

820,405

690,032

563,591

397,343

314,039

204,979

191,465

141,248

-

-

-

-

-

Non-controlling interest

-5,778

-6,354

-6,390

-7,418

-4,822

-11,757

-13,750

-9,418

-

0

-

-

-

-

-

TOTAL EQUITY

1,100,675

1,029,706

814,015

682,614

558,769

385,586

300,289

195,561

-

141,248

184,202

220,025

151,726

174,703

117,782

TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY

1,762,623

1,673,639

1,498,508

1,379,884

1,293,017

965,368

853,333

884,146

996,246

705,887

762,306

814,241

907,864

857,221

801,728