Havas Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	302	294	234	322	345	775
Cash & Short-Term Investments	302	294	234	322	345	775
Cash Growth	2.72%	25.64%	-27.33%	-6.67%	-55.48%	-4.32%
Accounts Receivable	2,547	2,569	2,726	2,787	2,734	2,598
Other Receivables	503	313	310	336	304	295
Receivables	3,050	2,886	3,038	3,242	3,170	2,895
Inventory	175	130	115	91	114	108
Prepaid Expenses	-	67	58	54	52	48
Other Current Assets	12	40	46	45	80	42
Total Current Assets	3,539	3,417	3,491	3,754	3,761	3,868
Property, Plant & Equipment	426	428	443	504	574	635
Long-Term Investments	100	46	43	58	27	11
Goodwill	2,649	2,531	2,535	2,428	2,274	2,135
Other Intangible Assets	49	49	49	51	50	50
Long-Term Deferred Tax Assets	61	75	96	95	98	95
Other Long-Term Assets	16	14	15	8	9	11
Total Assets	6,840	6,562	6,676	6,901	6,796	6,808
Accounts Payable	2,352	2,603	2,692	2,844	2,867	2,637
Accrued Expenses	-	418	414	418	128	124
Short-Term Debt	4	5	12	-	-	390
Current Portion of Long-Term Debt	371	79	7	4	5	6
Current Portion of Leases	73	71	77	81	79	74
Current Income Taxes Payable	28	28	24	31	26	29
Current Unearned Revenue	-	137	147	137	138	158
Other Current Liabilities	1,569	739	746	737	980	944
Total Current Liabilities	4,397	4,080	4,119	4,252	4,223	4,362
Long-Term Debt	3	3	4	3	3	4
Long-Term Leases	212	213	223	286	347	381
Pension & Post-Retirement Benefits	68	70	80	86	75	90
Long-Term Deferred Tax Liabilities	54	53	69	66	55	57
Other Long-Term Liabilities	245	302	274	249	205	176
Total Liabilities	4,979	4,721	4,769	4,942	4,908	5,070
Common Stock	198	198	198	170	170	170
Additional Paid-In Capital	3,167	3,167	3,246	1,401	1,401	1,401
Retained Earnings	-1,338	-1,352	-1,524	434	337	236
Treasury Stock	-74	-42	-	-	-	-
Comprehensive Income & Other	-119	-161	-39	-74	-45	-107
Total Common Equity	1,834	1,810	1,881	1,931	1,863	1,700
Minority Interest	27	31	26	28	25	38
Shareholders' Equity	1,861	1,841	1,907	1,959	1,888	1,738
Total Liabilities & Equity	6,840	6,562	6,676	6,901	6,796	6,808
Total Debt	663	371	323	374	434	855
Net Cash (Debt)	-361	-77	-89	-52	-89	-80
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-3.67	-0.78	-0.89	-0.52	-2.09	-1.88
Filing Date Shares Outstanding	97.59	98.04	99.18	426.14	42.61	42.61
Total Common Shares Outstanding	97.59	98.04	99.18	426.14	42.61	42.61
Working Capital	-858	-663	-628	-498	-462	-494
Book Value Per Share	18.79	18.46	18.97	4.53	43.72	39.89
Tangible Book Value	-864	-770	-703	-548	-461	-485
Tangible Book Value Per Share	-8.85	-7.85	-7.09	-1.29	-10.82	-11.38
Land	-	109	109	108	107	106
Machinery	-	448	467	457	452	443