AVE S.A. Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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	0.56	4.17	7.45	14.71	5.65
Cash & Short-Term Investments	0.56	4.17	7.45	14.71	5.65
Cash Growth	-86.66%	-44.07%	-49.34%	160.40%	140.89%
Accounts Receivable	3.95	3.21	23.69	23.41	27.3
Other Receivables	5.31	3.12	2.26	5	1.52
Receivables	9.25	6.33	25.94	28.41	28.82
Inventory	3.03	2.44	6.89	5.93	5.63
Prepaid Expenses	-	0.46	1.32	0.59	1.66
Other Current Assets	-0	2.79	7.76	4.92	28.2
Total Current Assets	12.84	16.2	49.37	54.55	69.96
Property, Plant & Equipment	10.43	7.6	7.74	10.62	11.47
Goodwill	-	3.71	0.57	2.25	2.25
Other Intangible Assets	13.19	16.12	25.11	29.67	33.5
Long-Term Deferred Tax Assets	1.09	1.46	-	-	-
Other Long-Term Assets	0.25	3.82	2.58	8.69	8.83
Total Assets	37.79	48.91	85.37	105.78	126.02
Accounts Payable	8.82	6.19	27.23	27.16	23.64
Accrued Expenses	-	0.58	0.81	1.99	1.58
Short-Term Debt	7.97	7.61	7.6	5.31	2.39
Current Portion of Long-Term Debt	-	1.9	4.46	6.85	6.98
Current Portion of Leases	-	0.52	0.38	0.15	0.32
Current Income Taxes Payable	-	0.01	0.52	0.59	0.06
Other Current Liabilities	5.01	4.18	6.73	8.1	25.6
Total Current Liabilities	21.81	20.99	47.73	50.15	60.57
Long-Term Debt	5.57	25.28	29.44	40.79	42.88
Long-Term Leases	-	2.78	1.54	5.32	5.65
Pension & Post-Retirement Benefits	0.2	0.14	0.25	0.39	0.47
Long-Term Deferred Tax Liabilities	-	-	1.29	1.52	1.91
Other Long-Term Liabilities	0.39	5.82	0.61	1.96	2.19
Total Liabilities	27.97	55.02	80.86	100.15	113.68
Common Stock	7.13	6.89	6.75	6.63	6.63
Additional Paid-In Capital	41.56	28.89	22.03	19.15	19.15
Retained Earnings	-38.82	-46.73	-36.59	-30.16	-22.83
Comprehensive Income & Other	0.11	4.81	5.43	2.62	2.59
Total Common Equity	9.97	-6.14	-2.38	-1.77	5.54
Minority Interest	-0.14	0.03	6.89	7.39	6.8
Shareholders' Equity	9.83	-6.11	4.51	5.63	12.34
Total Liabilities & Equity	37.79	48.91	85.37	105.78	126.02
Total Debt	13.55	38.1	43.42	58.43	58.22
Net Cash (Debt)	-12.99	-33.93	-35.97	-43.72	-52.57
Net Cash Per Share	-	-0.22	-0.24	-0.26	-0.34
Filing Date Shares Outstanding	-	175.8	151.65	148.65	141.42
Total Common Shares Outstanding	-	155.15	151.65	148.65	141.42
Working Capital	-8.97	-4.8	1.64	4.39	9.39
Book Value Per Share	-	-0.04	-0.02	-0.01	0.04
Tangible Book Value	-3.23	-25.97	-28.07	-33.68	-30.21
Tangible Book Value Per Share	-	-0.17	-0.19	-0.23	-0.21
Land	-	0.12	1	1.01	1.02
Buildings	-	7.36	8.11	13.62	15.19
Machinery	-	10.35	9.8	10.23	10

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