Gek Terna Balance Sheet

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

Millions EUR. 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	1,693	1,517	1,311	1,492	1,364
Trading Asset Securities	48.34	31.65	31.84	23.76	5.39
Cash & Short-Term Investments	1,742	1,549	1,342	1,515	1,370
Cash Growth	12.44%	15.39%	-11.41%	10.64%	22.71%
Accounts Receivable	1,167	1,228	1,147	937.34	375.69
Other Receivables	100.49	133.26	115.73	67.61	64.96
Receivables	1,274	1,365	1,268	1,058	478.25
Inventory	37.93	44.58	66.93	66.43	63.38
Prepaid Expenses	14.13	12.41	8.67	5.55	4.27
Other Current Assets	486.86	390.07	383.36	457.29	384.13
Total Current Assets	3,555	3,361	3,070	3,103	2,300
Property, Plant & Equipment	341.64	256.75	1,594	1,479	1,278
Long-Term Investments	398.6	363.98	256.34	255.35	158.35
Goodwill	25.59	25.59	5.36	6.38	6.38
Other Intangible Assets	5,012	3,943	722.51	782.28	756.4
Long-Term Accounts Receivable	9.52	5.88	4.27	15.78	2.75
Long-Term Deferred Tax Assets	97.43	88.43	94.85	100.54	75.86
Long-Term Deferred Charges	7.98	9.05	20.28	17.91	12.82
Other Long-Term Assets	302.36	234.39	226.67	207.55	180.81
Total Assets	9,930	8,391	6,054	5,978	4,812
Accounts Payable	367.19	494.04	414.87	335.33	296.79
Accrued Expenses	452.67	395.67	287.85	281.8	109.24
Short-Term Debt	96.73	139.88	107.7	143.87	95.56
Current Portion of Long-Term Debt	329.86	265.89	172.9	160.22	114.06
Current Portion of Leases	25.53	17.55	13.89	7.65	4.04
Current Income Taxes Payable	35.87	4.83	9.03	80.27	11.36
Current Unearned Revenue	429.92	325.35	252.17	261.48	239.15
Other Current Liabilities	97.67	85.12	95.81	136.06	81.03
Total Current Liabilities	1,835	1,728	1,354	1,407	951.23
Long-Term Debt	5,592	4,402	2,737	2,672	2,386
Long-Term Leases	79.49	59.11	76.92	47.62	23.41
Long-Term Unearned Revenue	186.46	190.59	325.26	424.56	287.88
Pension & Post-Retirement Benefits	4.88	4.09	3.46	2.92	2.39
Long-Term Deferred Tax Liabilities	88.07	87.62	135.74	114.21	74.59
Other Long-Term Liabilities	95.67	147.5	145.04	118.55	215.47
Total Liabilities	7,882	6,619	4,778	4,787	3,941
Common Stock	58.95	58.95	58.95	58.95	58.95
Additional Paid-In Capital	179.15	179.15	348.19	368.87	381.28
Retained Earnings	1,544	1,437	432.38	272.07	153.26
Treasury Stock	-15.99	-25.34	-74.42	-45.86	-39.2
Comprehensive Income & Other	210.6	107.98	177.02	201.28	46.04
Total Common Equity	1,977	1,758	942.11	855.32	600.34
Minority Interest	71.12	14.14	334.51	335.38	270.92
Shareholders' Equity	2,048	1,772	1,277	1,191	871.26
Total Liabilities & Equity	9,930	8,391	6,054	5,978	4,812
Total Debt	6,124	4,884	3,108	3,032	2,623
Net Cash (Debt)	-4,382	-3,335	-1,766	-1,516	-1,254
Net Cash Per Share	-43.77	-33.71	-18.76	-15.82	-13.03
Filing Date Shares Outstanding	101.09	100.32	93.14	95.65	96.24
Total Common Shares Outstanding	101.09	100.32	93.14	95.65	96.24
Working Capital	1,719	1,633	1,715	1,696	1,349
Book Value Per Share	19.55	17.53	10.11	8.94	6.24
Tangible Book Value	-3,061	-2,211	214.24	66.66	-162.43
Tangible Book Value Per Share	-30.28	-22.04	2.30	0.70	-1.69
Buildings	64.32	63.67	412.06	218.69	193.96
Machinery	573.16	565.25	1,852	1,618	1,555
Construction In Progress	12.94	11.29	161.75	430.41	222.28
Order Backlog	6,553	4,100	2,800	2,900	2,500

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