EZchip Semiconductor Ltd. Condensed Consolidated Balance Sheet (U.S. Dollars in thousands) June 30, December 31, 2012 2011 ------------ ------------ (Unaudited) (Audited) ASSETS CURRENT ASSETS: Cash, cash equivalents, marketable securities and deposits $ 153,764 $ 126,770 Trade receivables, net 5,215 8,655 Other receivables 4,524 1,837 Inventories 5,992 5,788 ------------ ------------ Total current assets 169,495 143,050 NON CURRENT ASSETS: Severance pay fund 5,472 5,215 Long term investment and others 333 337 ------------ ------------ Total non current assets 5,805 5,552 PROPERTY AND EQUIPMENT, NET 1,090 828 INTANGIBLE ASSETS, NET 1,103 1,205 GOODWILL 96,276 96,276 ------------ ------------ TOTAL ASSETS $ 273,769 $ 246,911 ============ ============ LIABILITIES AND SHAREHOLDERS' EQUITY CURRENT LIABILITIES: Trade payables $ 746 $ 2,319 Other payables and accrued expenses 6,028 6,352 ------------ ------------ Total current liabilities 6,774 8,671 ACCRUED SEVERANCE PAY 6,443 6,081 SHAREHOLDERS' EQUITY: Share capital 160 155 Additional paid-in capital 305,820 288,641 Accumulated other comprehensive loss (436) (960) Accumulated deficit (44,992) (55,677) ------------ ------------ Total shareholders' equity 260,552 232,159 ------------ ------------ TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 273,769 $ 246,911 ============ ============