N. Varveris-Moda Bagno 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	6.01	4.03	3.56	2.58	3.07
Cash & Short-Term Investments	6.01	4.03	3.56	2.58	3.07
Cash Growth	49.25%	13.09%	37.84%	-15.95%	68.04%
Receivables	5.18	4.26	3.56	3.29	2.91
Inventory	20.14	19.81	19.82	18.82	16.38
Other Current Assets	0	0	0	0	0
Total Current Assets	31.33	28.11	26.94	24.7	22.37
Property, Plant & Equipment	20.96	18.11	17.39	18.04	19.53
Long-Term Investments	0.15	0.14	0.12	0.11	0.11
Other Intangible Assets	0.26	0.28	0.2	0.14	0.09
Other Long-Term Assets	2.96	2.57	2.57	2.21	2.21
Total Assets	55.67	49.21	47.22	45.2	44.32
Accounts Payable	2.57	2.57	2.33	2.6	2.14
Accrued Expenses	1.32	1.12	0.75	0.76	1.51
Current Portion of Long-Term Debt	0.78	0.76	2.64	0.82	0.76
Current Portion of Leases	1.08	1.03	0.88	0.7	0.74
Current Income Taxes Payable	0.41	1.08	0.88	0.41	0.5
Other Current Liabilities	11.78	9.28	8.83	9.26	7.03
Total Current Liabilities	17.94	15.85	16.31	14.54	12.69
Long-Term Debt	1.22	2.02	3.53	6.5	7.43
Long-Term Leases	4.76	2.36	1.66	2.28	3.73
Pension & Post-Retirement Benefits	0.45	0.4	0.32	0.27	0.26
Long-Term Deferred Tax Liabilities	2.79	2.92	3.05	3.12	3.04
Other Long-Term Liabilities	0.05	0.05	0.05	0.06	0.45
Total Liabilities	27.21	23.59	24.91	26.78	27.59
Common Stock	7.52	7.52	7.52	7.52	7.52
Additional Paid-In Capital	6.74	6.74	6.74	6.74	6.74
Retained Earnings	13.97	11.16	7.89	4.05	2.34
Total Common Equity	28.23	25.43	22.15	18.31	16.61
Minority Interest	0.22	0.19	0.16	0.12	0.13
Shareholders' Equity	28.45	25.62	22.32	18.42	16.73
Total Liabilities & Equity	55.67	49.21	47.22	45.2	44.32
Total Debt	7.84	6.17	8.71	10.3	12.66
Net Cash (Debt)	-1.83	-2.15	-5.15	-7.72	-9.59
Net Cash Per Share	-0.10	-0.11	-0.27	-0.41	-0.51
Filing Date Shares Outstanding	18.81	18.81	18.81	18.81	18.81
Total Common Shares Outstanding	18.81	18.81	18.81	18.81	18.81
Working Capital	13.39	12.25	10.63	10.15	9.68
Book Value Per Share	1.50	1.35	1.18	0.97	0.88
Tangible Book Value	27.97	25.14	21.95	18.17	16.51
Tangible Book Value Per Share	1.49	1.34	1.17	0.97	0.88
Land	8.11	-	-	-	-
Buildings	13.83	-	-	-	-
Machinery	5.61	-	-	-	-