Cellcom Israel Balance Sheet

Quarterly: March 2012 - December 2009 Previous Quarters
Annual

Assets	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Cash & Short Term Investments		317.00M	363.00M	561.00M	587.00M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Receivables		511.00M	525.00M	481.00M	430.00M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Inventory		44.00M	37.00M	40.00M	35.00M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Prepaid Expenses						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Current Assets		24.00M	23.00M	21.00M	19.00M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Current Assets		872.00M	925.00M	1.082B	1.071B	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Gross Property, Plant & Equipment						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Accumulated Depreciation						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Net Property, Plant & Equipment		567.00M	577.00M	574.00M		Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Long Term Investments						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Goodwill & Intangibles		440.00M	463.00M	197.00M	202.00M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Long Term Assets		350.00M	345.00M	251.00M	204.00M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Long Term Assets		1.367B	1.395B	1.022B	406.00M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Assets		2.239B	2.32B	2.104B	2.056B	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Liabilities	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Current Portion of Long Term Debt					169.00M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Accounts Payable		268.00M	274.00M	224.00M	227.00M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Accrued Expenses		18.00M	16.00M	24.00M	25.00M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Deferred Revenues						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Current Liabilities		231.00M	221.00M	231.00M	209.00M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Current Liabilities		693.00M	694.00M	653.00M	630.00M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Long Term Debt		1.432B	1.478B	1.34B	1.303B	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Shareholder's Equity	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Deferred Income Tax						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Minority Interest		0.00	0.00	0.00	0.00	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Long Term Liabilities		19.00M	28.00M	6.00M	6.00M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Long Term Liabilities		1.497B	1.547B	1.364B	1.327B	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Liabilities		2.125B	2.172B	1.993B	1.957B	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Common Shares Outstanding						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Preferred Stock		0.00	0.00	0.00	0.00	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Common Stock, Net		0.00	0.00	0.00	0.00	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Additional Paid-in Capital		0.00	0.00	0.00	0.00	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Retained Earnings		46.00M	78.00M	93.00M	105.00M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Treasury Stock		0.00	0.00	0.00	0.00	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Shareholder's Equity		3.00M	1.00M	-6.00M	-6.00M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Shareholder's Equity		49.00M	79.00M	87.00M	99.00M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Liabilities & Shareholder's Equity		2.239B	2.32B	2.104B	2.056B	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro