Gilat Satellite Networks Ltd.

(NASDAQ:GILT)

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Quarterly Data
Annual Data
Note: All numbers in thousands

	Sep 30, 2008	Jun 30, 2008	Mar 31, 2008	Dec 31, 2007
Assets
Current Assets
Cash & Equivalents	112,298	52,692	112,087	122,807
Restricted Cash	16,052	16,003	15,161	14,541
Marketable Securities	29,603	96,701	51,610	45,578
Accounts Receivable	55,188	58,101	50,879	43,746
Loans Receivable	—	—	—	—
Other Receivable	—	—	—	8,207
Receivables	55,188	58,101	50,879	51,953
Raw Materials	—	—	—	8,657
Work in Progress	—	—	—	4,250
Purchased Components	—	—	—	—
Finished Goods	—	—	—	11,887
Other Inventories	23,998	24,521	20,363	—
Inventories Adjustments and Allowances	—	—	—	—
Inventories	23,998	24,521	20,363	24,794
Prepaid Expenses	—	—	—	4,004
Current Deferred Income Taxes	—	—	—	—
Other Current Assets	21,311	23,530	24,190	12,537
Total Current Assets	258,450	271,548	274,288	276,214
Land and Improvements	—	—	—	—
Building and Improvements	—	—	—	97,920
Machinery Furniture and Equipment	—	—	—	190,487
Construction in Progress	—	—	—	—
Other Fixed Assets	290,937	289,445	288,234	—
Total Fixed Assets	290,937	289,445	288,234	288,407
Gross Fixed Assets	290,937	289,445	288,234	288,407
Accumulated Depreciation and Depletion	183,160	183,160	183,160	183,160
Net Fixed Assets	107,777	106,285	105,074	105,247
Intangibles	3,912	4,142	4,103	3,860
Cost in Excess	—	—	—	—
Non Current Deferred Income Taxes	—	—	—	—
Other Non Current Assets	45,271	47,141	47,302	44,781
Total Non Current Assets	156,960	157,568	156,479	153,888
Total Assets	415,410	429,116	430,767	430,102
Liabilities
Current Liabilities
Accounts Payable	18,591	27,518	27,902	25,954
Notes Payable	—	—	—	—
Short Term Debt	10,857	10,879	10,874	11,177
Accrued Expenses	24,311	19,682	19,418	20,275
Accrued Liabilities	—	—	—	—
Deferred Revenues	—	—	—	17,963
Current Deferred Income Tax Liabilities	—	—	—	—
Other Current Liabilities	58,826	61,684	67,266	55,728
Total Current Liabilities	112,585	119,763	125,460	131,097
Non Current Liabilities
Long Term Debt	30,704	35,306	35,422	35,019
Capital Lease Obligations	—	—	—	—
Deferred Income Tax Liabilities	—	—	—	—
Other Non Current Liabilities	35,785	36,330	36,095	36,176
Minority Interest Liabilities	—	—	—	—
Preferred Securities of Subsidiary Trust Liabilities	—	—	—	—
Preferred Equity Outside Stock Equity	—	—	—	—
Total Non Current Liabilities	179,074	191,399	196,977	202,292
Total Liabilities	66,489	71,636	71,517	71,195
Shareholders' Equity
Preferred Stock Equity	—	—	—	—
Common Stock Equity	236,336	237,717	233,790	227,810
Common Par	1,821	1,814	1,806	1,796
Additional Paid in Capital	862,216	861,434	860,472	859,207
Cumulative Translation Adjustment	—	—	—	—
Retained Earnings	-629,635	-629,089	-630,379	-634,969
Treasury Stock	—	—	—	—
Other Equity Adjustments	1,934	3,558	1,891	1,776
Total Capitalization	267,040	273,023	269,212	262,829
Cash Flow	11,496	19,348	25,763	27,805
Working Capital	145,865	151,785	148,828	145,117
Free Cash Flow	-29,518	-26,487	-9,848	13,506
Invested Capital	267,040	273,023	269,212	262,829
Total Equity	236,336	237,717	233,790	227,810
Total Liabilities and Stock Equity	415,410	429,116	430,767	430,102

	Dec 31, 2007	Dec 31, 2006	Dec 31, 2005	Dec 31, 2004
Assets
Current Assets
Cash & Equivalents	122,807	149,545	74,929	75,771
Restricted Cash	14,541	12,250	22,482	24,788
Marketable Securities	45,578	—	3,301	—
Accounts Receivable	43,746	29,612	33,683	31,380
Loans Receivable	—	—	—	—
Other Receivable	8,207	13,189	—	29,281
Receivables	51,953	42,801	33,683	60,661
Raw Materials	8,657	6,947	5,715	5,598
Work in Progress	4,250	2,595	5,212	5,553
Purchased Components	—	—	—	—
Finished Goods	11,887	16,826	12,326	12,126
Other Inventories	—	—	—	—
Inventories Adjustments and Allowances	—	—	—	—
Inventories	24,794	26,368	23,253	23,277
Prepaid Expenses	4,004	6,535	—	—
Current Deferred Income Taxes	—	—	—	—
Other Current Assets	12,537	20,704	27,215	—
Total Current Assets	276,214	258,203	184,863	184,497
Land and Improvements	—	—	—	—
Building and Improvements	97,920	95,968	91,352	95,382
Machinery Furniture and Equipment	190,487	184,557	208,896	217,934
Construction in Progress	—	—	—	—
Other Fixed Assets	—	—	—	—
Total Fixed Assets	288,407	280,525	300,248	313,316
Gross Fixed Assets	288,407	280,525	300,248	313,316
Accumulated Depreciation and Depletion	183,160	159,159	176,003	176,118
Net Fixed Assets	105,247	121,366	124,245	137,198
Intangibles	3,860	8,887	12,254	7,564
Cost in Excess	—	—	—	—
Non Current Deferred Income Taxes	—	—	—	—
Other Non Current Assets	44,781	51,758	51,615	62,189
Total Non Current Assets	153,888	182,011	188,114	206,951
Total Assets	430,102	440,214	372,977	391,448
Liabilities
Current Liabilities
Accounts Payable	25,954	23,965	60,852	61,293
Notes Payable	—	—	—	—
Short Term Debt	11,177	7,811	31,386	26,528
Accrued Expenses	20,275	21,400	22,418	28,011
Accrued Liabilities	—	10,807	—	—
Deferred Revenues	17,963	39,382	—	—
Current Deferred Income Tax Liabilities	—	113	—	—
Other Current Liabilities	55,728	34,091	—	—
Total Current Liabilities	131,097	137,569	114,656	115,832
Non Current Liabilities
Long Term Debt	35,019	38,651	112,078	124,353
Capital Lease Obligations	—	—	—	—
Deferred Income Tax Liabilities	—	64	—	—
Other Non Current Liabilities	36,176	51,871	60,745	83,244
Minority Interest Liabilities	—	—	—	—
Preferred Securities of Subsidiary Trust Liabilities	—	—	—	—
Preferred Equity Outside Stock Equity	—	—	—	—
Total Non Current Liabilities	202,292	228,155	287,479	323,429
Total Liabilities	71,195	90,586	172,823	207,597
Shareholders' Equity
Preferred Stock Equity	—	—	—	—
Common Stock Equity	227,810	212,059	85,498	68,019
Common Par	1,796	1,757	995	984
Additional Paid in Capital	859,207	853,350	738,724	718,096
Cumulative Translation Adjustment	—	—	—	—
Retained Earnings	-634,969	-643,750	-654,237	-648,437
Treasury Stock	—	—	—	—
Other Equity Adjustments	1,776	702	16	-2,624
Total Capitalization	262,829	250,710	197,576	192,372
Cash Flow	27,805	31,215	15,400	21,612
Working Capital	145,117	120,634	70,207	68,665
Free Cash Flow	13,506	31,442	82	24,358
Invested Capital	262,829	250,710	197,576	192,372
Total Equity	227,810	212,059	85,498	68,019
Total Liabilities and Stock Equity	430,102	440,214	372,977	391,448