London Security Balance Sheet

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

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	42.74	29.56	32.74	33.96	35.68	37.46
Cash & Short-Term Investments	42.74	29.56	32.74	33.96	35.68	37.46
Cash Growth	8.33%	-9.70%	-3.61%	-4.82%	-4.74%	38.00%
Accounts Receivable	50.18	42.76	37.45	35.77	29.1	29.53
Other Receivables	-	3.29	3.3	3.1	2.25	1.69
Receivables	50.18	46.05	40.76	38.87	31.34	31.22
Inventory	22.6	21.48	22.14	22.26	16.42	14.95
Prepaid Expenses	-	4.81	3.73	1.83	1.68	1.95
Total Current Assets	115.52	101.89	99.37	96.92	85.13	85.58
Property, Plant & Equipment	27.85	25.51	24.3	20.92	18.29	16.3
Goodwill	-	60.62	60.86	60.28	56.72	54.57
Other Intangible Assets	76.17	15.9	16.35	16.61	13.24	11.63
Long-Term Deferred Tax Assets	0.72	0.62	0.75	0.72	0.78	0.79
Long-Term Deferred Charges	-	0.23	0.18	0.18	0.12	0.11
Other Long-Term Assets	-	0.36	0.34	0.28	0.38	0.45
Total Assets	220.26	205.13	202.14	195.91	174.64	169.43
Accounts Payable	40.27	7.3	6.77	6.7	4.38	4.48
Accrued Expenses	-	22.41	21.88	20.74	16.46	17.94
Current Portion of Long-Term Debt	0.19	0.22	0.38	1.6	2.43	2.52
Current Portion of Leases	2.8	2.45	2.27	2.04	1.6	1.45
Current Income Taxes Payable	1.74	2.33	2.28	1.44	1.61	2.07
Current Unearned Revenue	-	3.49	3.91	5.45	3.75	2.84
Other Current Liabilities	0.47	4.12	3.85	3.55	3.48	2.35
Total Current Liabilities	45.47	42.32	41.34	41.52	33.71	33.64
Long-Term Debt	0.05	0.03	0.1	0.24	1.36	3.21
Long-Term Leases	5.3	4.87	4.4	4.03	2.74	1.85
Pension & Post-Retirement Benefits	0.55	0.53	1.02	0.95	2.14	2.35
Long-Term Deferred Tax Liabilities	1.22	1.31	1.81	2.21	1.73	1.15
Other Long-Term Liabilities	1	1.1	1.23	1.07	1.21	1.11
Total Liabilities	53.59	50.16	49.9	50.03	42.9	43.31
Common Stock	0.12	0.12	0.12	0.12	0.12	0.12
Additional Paid-In Capital	0.34	0.34	0.34	0.34	0.34	0.34
Retained Earnings	158.36	149.68	142.66	134.72	124.07	114.41
Comprehensive Income & Other	7.85	4.83	9.11	10.69	7.09	10.87
Total Common Equity	166.67	154.97	152.24	145.88	131.63	125.75
Minority Interest	-	-	-	-	0.12	0.38
Shareholders' Equity	166.67	154.97	152.24	145.88	131.75	126.12
Total Liabilities & Equity	220.26	205.13	202.14	195.91	174.64	169.43
Total Debt	8.34	7.57	7.15	7.91	8.13	9.03
Net Cash (Debt)	34.4	21.99	25.58	26.06	27.55	28.43
Net Cash Growth	7.96%	-14.04%	-1.81%	-5.42%	-3.10%	62.12%
Net Cash Per Share	2.81	1.79	2.09	2.12	2.25	2.32
Filing Date Shares Outstanding	12.26	12.26	12.26	12.26	12.26	12.26
Total Common Shares Outstanding	12.26	12.26	12.26	12.26	12.26	12.26
Working Capital	70.05	59.58	58.03	55.4	51.41	51.94
Book Value Per Share	13.59	12.64	12.42	11.90	10.74	10.26
Tangible Book Value	90.51	78.45	75.04	68.99	61.68	59.55
Tangible Book Value Per Share	7.38	6.40	6.12	5.63	5.03	4.86
Land	-	10.07	10.28	10.36	10.3	10.34
Machinery	-	47.58	46.2	42.33	37.46	38.32

Source: S&P Global Market Intelligence. Standard template. Financial Sources.