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

19,804 21,920 5,149

Deferred taxes 7,247 3,445 1,884

Total current assets 456,264 260,424 118,633

Investments

Long-term trade receivables 3,460 2,951 900

Deferred taxes 14,648 15,650 3,809

Assets held for employee

severance benefits 18,453 15,924 4,798

Total Investments 36,561 34,525 9,507

Property and equipment, net 160,211 155,367 41,656

Other assets, net 295,592 276,219 76,857

Other intangible assets, net 202,376 234,871 52,620

Goodwill 411,171 410,156 106,909

Total assets 1,562,175 1,371,562 406,182

012 Smile.Communications Ltd.

Consolidated Balance Sheets (cont'd)

Convenience

translation

into

U.S. dollars

$1 = NIS

3.846

December 31 December 31

2007 2006 2007

(Unaudited) (Audited) (Unaudited)

NIS thousands $ thousands

Current liabilities

Short-term bank credit 4,750 331,639 1,235<
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SOURCE 012 Smile.communications Ltd.
Copyright©2008 PR Newswire.
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