Lulu Retail Holdings Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	261.5	346.21	277.69	441.4	326.58
Short-Term Investments	28.38	27.78	25.7	26.54	20.86
Cash & Short-Term Investments	289.88	373.99	303.39	467.93	347.44
Cash Growth	-12.16%	23.27%	-35.16%	34.68%	-
Accounts Receivable	227.8	257.22	207.08	186.97	101.68
Other Receivables	26.43	39.6	2,432	1,722	1,409
Receivables	254.24	296.82	2,639	1,909	1,511
Inventory	1,497	1,474	1,375	1,395	1,296
Prepaid Expenses	99.82	72.43	50.28	71.73	57.4
Other Current Assets	33.55	29.36	278.63	35.19	49.61
Total Current Assets	2,174	2,246	4,646	3,879	3,262
Property, Plant & Equipment	3,119	3,165	3,330	4,789	4,486
Long-Term Investments	1.44	1.2	1.37	1.5	1.62
Long-Term Deferred Tax Assets	26.49	24.73	11.78	18.28	13.14
Other Long-Term Assets	12.33	13.47	15.07	61.16	61.7
Total Assets	5,333	5,451	8,004	8,748	7,825
Accounts Payable	1,006	1,095	1,213	1,177	1,142
Accrued Expenses	63	60.34	51.8	38.73	37.05
Short-Term Debt	955.03	963.97	588.77	847.37	976.67
Current Portion of Long-Term Debt	2.15	1.99	26.85	494.09	316.26
Current Portion of Leases	177.75	175.66	173.43	206.98	192.68
Current Income Taxes Payable	28.6	36.68	17.67	13.1	11.83
Current Unearned Revenue	-	-	-	1.69	1.74
Other Current Liabilities	179.01	188.42	2,644	753.95	148.63
Total Current Liabilities	2,412	2,522	4,715	3,533	2,827
Long-Term Debt	7.25	8.39	513.38	1,338	1,425
Long-Term Leases	1,728	1,724	1,828	2,892	2,570
Long-Term Unearned Revenue	-	-	-	16.73	18.43
Pension & Post-Retirement Benefits	211.2	198.41	176.79	169.11	163
Long-Term Deferred Tax Liabilities	4.38	4.9	4.63	5.35	5.06
Total Liabilities	4,363	4,458	7,237	7,955	7,008
Common Stock	144.61	144.61	-	-	-
Retained Earnings	823.58	843.47	692.12	716.99	733.71
Comprehensive Income & Other	2.67	4.78	74.79	76.17	82.97
Shareholders' Equity	970.85	992.86	766.91	793.16	816.67
Total Liabilities & Equity	5,333	5,451	8,004	8,748	7,825
Total Debt	2,870	2,874	3,130	5,779	5,480
Net Cash (Debt)	-2,580	-2,500	-2,827	-5,311	-5,132
Net Cash Per Share	-0.25	-0.24	-0.27	-0.51	-0.50
Filing Date Shares Outstanding	10,329	10,329	-	10,329	10,329
Total Common Shares Outstanding	10,329	10,329	-	10,329	10,329
Working Capital	-237.61	-275.7	-68.67	345.44	434.31
Book Value Per Share	0.09	0.10	-	0.08	0.08
Tangible Book Value	970.85	992.86	766.91	793.16	816.67
Tangible Book Value Per Share	0.09	0.10	-	0.08	0.08
Land	-	34.1	33.84	58.99	60.12
Buildings	-	1,441	1,391	1,345	1,251
Machinery	-	2,001	1,910	1,843	1,726
Construction In Progress	-	124.52	137.09	506.04	542.56

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.