London Security Balance Sheet

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

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	45.87	29.56	32.74	33.96	35.68
Cash & Short-Term Investments	45.87	29.56	32.74	33.96	35.68
Cash Growth	55.16%	-9.70%	-3.61%	-4.82%	-4.74%
Accounts Receivable	50.36	42.76	37.45	35.77	29.1
Other Receivables	-	3.29	3.3	3.1	2.25
Receivables	50.36	46.05	40.76	38.87	31.34
Inventory	23.15	21.48	22.14	22.26	16.42
Prepaid Expenses	-	4.81	3.73	1.83	1.68
Total Current Assets	119.38	101.89	99.37	96.92	85.13
Property, Plant & Equipment	28.45	25.51	24.3	20.92	18.29
Goodwill	-	60.62	60.86	60.28	56.72
Other Intangible Assets	77.03	15.9	16.35	16.61	13.24
Long-Term Deferred Tax Assets	0.6	0.62	0.75	0.72	0.78
Long-Term Deferred Charges	-	0.23	0.18	0.18	0.12
Other Long-Term Assets	-	0.36	0.34	0.28	0.38
Total Assets	225.45	205.13	202.14	195.91	174.64
Accounts Payable	40.71	7.3	6.77	6.7	4.38
Accrued Expenses	-	22.41	21.88	20.74	16.46
Current Portion of Long-Term Debt	0.24	0.22	0.38	1.6	2.43
Current Portion of Leases	2.86	2.45	2.27	2.04	1.6
Current Income Taxes Payable	2.53	2.33	2.28	1.44	1.61
Current Unearned Revenue	-	3.49	3.91	5.45	3.75
Other Current Liabilities	0	4.12	3.85	3.55	3.48
Total Current Liabilities	46.34	42.32	41.34	41.52	33.71
Long-Term Debt	0.12	0.03	0.1	0.24	1.36
Long-Term Leases	5.02	4.87	4.4	4.03	2.74
Pension & Post-Retirement Benefits	0.31	0.53	1.02	0.95	2.14
Long-Term Deferred Tax Liabilities	0.89	1.31	1.81	2.21	1.73
Other Long-Term Liabilities	1.17	1.1	1.23	1.07	1.21
Total Liabilities	53.84	50.16	49.9	50.03	42.9
Common Stock	0.12	0.12	0.12	0.12	0.12
Additional Paid-In Capital	0.34	0.34	0.34	0.34	0.34
Retained Earnings	161.58	149.68	142.66	134.72	124.07
Comprehensive Income & Other	9.57	4.83	9.11	10.69	7.09
Total Common Equity	171.61	154.97	152.24	145.88	131.63
Minority Interest	-	-	-	-	0.12
Shareholders' Equity	171.61	154.97	152.24	145.88	131.75
Total Liabilities & Equity	225.45	205.13	202.14	195.91	174.64
Total Debt	8.23	7.57	7.15	7.91	8.13
Net Cash (Debt)	37.64	21.99	25.58	26.06	27.55
Net Cash Growth	71.14%	-14.04%	-1.81%	-5.42%	-3.10%
Net Cash Per Share	3.07	1.79	2.09	2.12	2.25
Filing Date Shares Outstanding	12.25	12.26	12.26	12.26	12.26
Total Common Shares Outstanding	12.25	12.26	12.26	12.26	12.26
Working Capital	73.04	59.58	58.03	55.4	51.41
Book Value Per Share	14.00	12.64	12.42	11.90	10.74
Tangible Book Value	94.58	78.45	75.04	68.99	61.68
Tangible Book Value Per Share	7.72	6.40	6.12	5.63	5.03
Land	-	10.07	10.28	10.36	10.3
Machinery	-	47.58	46.2	42.33	37.46

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