Panther Securities 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
Property, Plant & Equipment	181.62	182.43	185.43	177.26	167.68
Cash & Equivalents	5.74	5.04	4.2	4.45	8.34
Accounts Receivable	4	2.15	1.81	1.71	1.72
Other Receivables	-	2.09	1.07	1.14	1.02
Investment In Debt and Equity Securities	4.73	5.97	2.7	4.75	0.32
Restricted Cash	0.19	2.6	0.95	0	5.01
Other Current Assets	0.1	0.5	0.73	0.87	0.62
Deferred Long-Term Tax Assets	-	-	-	-	2.25
Total Assets	196.37	200.77	196.88	190.19	186.95
Current Portion of Long-Term Debt	0.38	-	64.1	0.5	0.56
Current Portion of Leases	-	0.68	0.68	0.69	0.69
Long-Term Debt	56.13	61.4	-	58.81	70.77
Long-Term Leases	8.12	8.19	8.11	8.25	8.35
Accounts Payable	8.66	2.53	2.07	2.01	2.31
Accrued Expenses	-	1.89	1.68	1.27	2.36
Current Income Taxes Payable	0.93	0.45	0.04	0.17	0.47
Current Unearned Revenue	-	2.59	2.5	2.4	2.24
Other Current Liabilities	-	1.66	1.6	1.49	1.43
Long-Term Deferred Tax Liabilities	5.6	5.23	4.23	3.37	-
Total Liabilities	79.81	84.61	85.01	78.96	89.17
Common Stock	4.44	4.44	4.44	4.44	4.44
Additional Paid-In Capital	5.49	5.49	5.49	5.49	5.49
Retained Earnings	107.19	106.75	102.14	101.47	87.46
Treasury Stock	-1.13	-1.09	-0.77	-0.77	-0.21
Comprehensive Income & Other	0.57	0.57	0.57	0.6	0.6
Total Common Equity	116.56	116.16	111.87	111.23	97.78
Shareholders' Equity	116.56	116.16	111.87	111.23	97.78
Total Liabilities & Equity	196.37	200.77	196.88	190.19	186.95
Total Debt	64.62	70.27	72.89	68.24	80.37
Net Cash (Debt)	-58.88	-65.23	-68.7	-63.79	-72.03
Net Cash Per Share	-3.39	-3.74	-3.93	-3.63	-4.07
Filing Date Shares Outstanding	17.36	17.37	17.44	17.47	17.68
Total Common Shares Outstanding	17.36	17.37	17.47	17.47	17.68
Book Value Per Share	6.72	6.69	6.40	6.37	5.53
Tangible Book Value	116.56	116.16	111.87	111.23	97.78
Tangible Book Value Per Share	6.72	6.69	6.40	6.37	5.53

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