Tandem Group 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	1.54	1.39	0.45	3.29	6.37
Cash & Short-Term Investments	1.54	1.39	0.45	3.29	6.37
Cash Growth	11.41%	209.84%	-86.41%	-48.36%	4.79%
Accounts Receivable	4.79	5.44	4.39	4.88	7.55
Other Receivables	1.27	0.61	0.52	1.37	2.45
Receivables	6.06	6.06	4.91	6.24	10
Inventory	4.44	5.93	5.16	4.76	8.06
Prepaid Expenses	0.45	0.36	0.28	0.39	0.24
Other Current Assets	0.08	0.2	0.17	0.28	0.23
Total Current Assets	12.56	13.93	10.97	14.96	24.9
Property, Plant & Equipment	16.61	14.94	15.4	14.7	7.78
Goodwill	5.15	5.15	5.15	5.15	5.15
Other Intangible Assets	0.31	0.34	0.38	0.37	0.3
Long-Term Deferred Tax Assets	0.37	0.56	0.66	0.85	1.32
Total Assets	35	34.93	32.56	36.04	39.45
Accounts Payable	3	2.51	1.83	2.1	6.82
Short-Term Debt	-0.03	1.98	0.25	0.58	1.74
Current Portion of Long-Term Debt	0.28	0.28	3.76	0.51	0.22
Current Portion of Leases	-	-	-	-	0.05
Current Income Taxes Payable	1.13	0.92	0.59	0.62	0.8
Other Current Liabilities	1.32	1.52	1.6	1.64	2.97
Total Current Liabilities	5.7	7.21	8.02	5.43	12.6
Long-Term Debt	3.19	3.45	-	3.75	2.03
Pension & Post-Retirement Benefits	0.02	0.36	0.73	0.06	2.09
Total Liabilities	8.91	11.01	8.75	9.25	16.71
Common Stock	1.5	1.5	1.5	1.5	1.5
Additional Paid-In Capital	0.78	0.73	0.73	0.72	0.47
Retained Earnings	14.96	14.63	14.64	17.4	15.99
Treasury Stock	-0.12	-0.14	-0.14	-0.14	-0.19
Comprehensive Income & Other	8.98	7.19	7.08	7.3	4.96
Shareholders' Equity	26.09	23.92	23.81	26.79	22.74
Total Liabilities & Equity	35	34.93	32.56	36.04	39.45
Total Debt	3.44	5.71	4.01	4.84	4.04
Net Cash (Debt)	-1.9	-4.32	-3.57	-1.55	2.33
Net Cash Growth	-	-	-	-	-38.45%
Net Cash Per Share	-0.34	-0.79	-0.65	-0.28	0.43
Filing Date Shares Outstanding	5.52	5.47	5.47	5.46	5.24
Total Common Shares Outstanding	5.52	5.47	5.47	5.46	5.24
Working Capital	6.86	6.72	2.94	9.52	12.3
Book Value Per Share	4.73	4.37	4.35	4.90	4.34
Tangible Book Value	20.63	18.42	18.28	21.26	17.29
Tangible Book Value Per Share	3.74	3.37	3.34	3.89	3.30
Land	16.34	14.88	14.85	14.52	4.95
Machinery	2.12	2.16	2.37	2.12	1.98
Construction In Progress	-	-	-	-	3.26

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