Exhibit 99.2
CONDENSED CONSOLIDATED BALANCE SHEET
(U.S. DOLLARS IN THOUSANDS)
JUNE 30, MARCH 31,
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2006 2006
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ASSETS
Cash, cash equivalents, short-term bank deposits and marketable securities 179,045 159,906
Trade receivables, net 106,052 120,869
Related party trade receivables 6,553 4,637
Inventories 84,110 75,647
Other accounts receivable and prepaid expenses 13,561 12,401
Severance pay funds 5,579 5,021
Long-term investments and long-term receivables 5,294 5,696
Property and equipment, net 35,723 31,288
Deferred purchase credits 89,658 93,715
Other assets, net 42,030 41,072
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Total assets 567,605 550,252
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LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Trade payables 80,768 84,407
Excess of losses over investment in equity method affiliate 5,188 3,853
Deferred revenues 6,567 1,333
Other accounts payable and accrued expenses 35,877 28,918
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Total current liabilities 128,400 118,511
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LONG-TERM LIABILITIES:
Convertible Senior Notes 71,431 71,401
Accrued severance pay 7,458 6,249
Other long-term liabilities 3,649 3,994
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Total long-term liabilities 82,538 81,644
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MINORITY INTEREST IN SUBSIDIARY 590 2,782
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SHAREHOLDERS' EQUITY
Share capital 10 10
Additional paid-in capital 341,208 335,854
Accumulated other comprehensive income 4,228 3,953
Retained earnings 10,631 7,498
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Total shareholders' equity 356,077 347,315
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Total liabilities and shareholders' equity 567,605 550,252
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