Papoutsanis 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 2021	FY 2020
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	4.64	4.9	5.7	6.38	4.26
Cash & Short-Term Investments	4.64	4.9	5.7	6.38	4.26
Cash Growth	-5.23%	-14.08%	-10.58%	49.83%	60.59%
Accounts Receivable	7.25	7.21	4.27	7.5	4.66
Other Receivables	1.15	1.34	2.92	1.43	1.84
Receivables	8.4	8.55	7.19	8.93	6.49
Inventory	12	11.13	9.48	7.17	7.49
Prepaid Expenses	-	-	0.26	1.01	0.21
Other Current Assets	1.31	1.38	0.02	0.02	0.07
Total Current Assets	26.36	25.95	22.66	23.51	18.53
Property, Plant & Equipment	53.58	52.1	49.2	39.55	32.35
Long-Term Investments	0.1	0.1	0.1	-	-
Goodwill	1.27	1.27	1.27	-	-
Other Intangible Assets	1.87	1.54	1.5	0.23	0.21
Long-Term Deferred Charges	0.02	0.01	0.01	0.02	0.02
Other Long-Term Assets	0.36	0.35	0.58	0.27	0.25
Total Assets	83.56	81.34	75.33	63.58	51.35
Accounts Payable	13.26	12.29	11.21	12.36	7.99
Accrued Expenses	1.93	2	1.36	0.55	0.56
Short-Term Debt	0.52	0.28	0.15	-	-
Current Portion of Long-Term Debt	3.28	4.7	3.43	3.61	2.96
Current Portion of Leases	0.28	0.29	0.27	0.41	0.44
Current Income Taxes Payable	0.69	0.59	0.7	1.2	1.1
Current Unearned Revenue	0.17	0.15	0.15	-	-
Other Current Liabilities	2.05	1.06	1.61	2.06	1.08
Total Current Liabilities	22.17	21.36	18.89	20.19	14.14
Long-Term Debt	18.46	21.33	19.86	12.24	8.55
Long-Term Leases	0.45	0.56	0.32	0.42	0.55
Long-Term Unearned Revenue	1.28	1.46	1.61	1.52	1.24
Pension & Post-Retirement Benefits	0.43	0.39	0.31	0.32	0.34
Long-Term Deferred Tax Liabilities	4.86	4.6	4.53	3.6	3.67
Other Long-Term Liabilities	0	-	-0	-	0.76
Total Liabilities	47.64	49.7	45.52	38.3	29.25
Common Stock	14.63	14.63	14.63	14.58	14.53
Additional Paid-In Capital	1.98	1.98	1.98	1.85	1.82
Retained Earnings	16.67	13.16	10.29	7.35	4.19
Treasury Stock	-0.61	-0.58	-0.41	-0.06	-
Comprehensive Income & Other	3.25	2.45	3.32	1.55	1.55
Total Common Equity	35.92	31.63	29.8	25.28	22.09
Minority Interest	-	-	-	-	0.02
Shareholders' Equity	35.92	31.63	29.8	25.28	22.1
Total Liabilities & Equity	83.56	81.34	75.33	63.58	51.35
Total Debt	22.99	27.16	24.03	16.69	12.5
Net Cash (Debt)	-18.35	-22.26	-18.33	-10.31	-8.24
Net Cash Per Share	-0.68	-0.83	-0.68	-0.38	-0.31
Filing Date Shares Outstanding	26.83	26.85	26.55	26.98	26.91
Total Common Shares Outstanding	26.83	26.85	26.55	26.98	26.91
Working Capital	4.19	4.59	3.77	3.32	4.39
Book Value Per Share	1.34	1.18	1.12	0.94	0.82
Tangible Book Value	32.77	28.81	27.02	25.04	21.88
Tangible Book Value Per Share	1.22	1.07	1.02	0.93	0.81
Land	2.1	2.02	2.01	1.66	1.47
Buildings	12.8	12.37	11.65	6.53	6.09
Machinery	61.89	59.48	55.67	44.81	36.67
Construction In Progress	2.16	1.56	1.21	2.41	1.97

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.