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012 Smile.Communications Reports Financial Results for Q4 and Full Year 2007
Date:2/26/2008

iance environments, the failure to manage growth and other risks detailed from time to time in 012 Smile.Communications' filings with the Securities Exchange Commission. These documents contain and identify other important factors that could cause actual results to differ materially from those contained in our projections or forward-looking statements. Stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update publicly or revise any forward-looking statement.

012 Smile.Communications Ltd.

Consolidated Balance Sheets

Convenience

translation

into

U.S. dollars

$1 = NIS

3.846

December 31 December 31

2007 2006 2007

(Unaudited) (Audited) (Unaudited)

NIS thousands $ thousands

Current assets

Cash and cash equivalents 229,895 37,987 59,775

Short-term investments - 883 -

Trade receivables, net 190,604 193,852 49,559

Parent company receivable 6,553 325 1,704

Related parties receivables 2,161 2,012 562

Prepaid expenses and other

current assets
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SOURCE 012 Smile.communications Ltd.
Copyright©2008 PR Newswire.
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