Papoutsanis Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2021	FY 2020	FY 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Equivalents	3.89	4.9	5.7	6.38	4.26	2.65
Cash & Short-Term Investments	3.89	4.9	5.7	6.38	4.26	2.65
Cash Growth	1.74%	-14.08%	-10.58%	49.83%	60.59%	-9.86%
Accounts Receivable	6.67	7.21	4.27	7.5	4.66	4.09
Other Receivables	2.5	1.34	2.92	1.43	1.84	0.16
Receivables	9.17	8.55	7.19	8.93	6.49	4.25
Inventory	13.12	11.13	9.48	7.17	7.49	3.87
Prepaid Expenses	-	1.36	0.26	1.01	0.21	0.47
Other Current Assets	-	0.02	0.02	0.02	0.07	0.02
Total Current Assets	26.18	25.95	22.66	23.51	18.53	11.26
Property, Plant & Equipment	53.12	52.1	49.2	39.55	32.35	27.82
Long-Term Investments	0.1	0.1	0.1	-	-	-
Goodwill	1.27	1.27	1.27	-	-	-
Other Intangible Assets	1.81	1.54	1.5	0.23	0.21	0.16
Long-Term Deferred Charges	-	0.01	0.01	0.02	0.02	0.02
Other Long-Term Assets	0.36	0.35	0.58	0.27	0.25	0.24
Total Assets	82.84	81.34	75.33	63.58	51.35	39.5
Accounts Payable	14.09	12.29	11.21	12.36	7.99	5.41
Accrued Expenses	-	2	1.36	0.55	0.56	0.47
Short-Term Debt	-	0.28	0.15	-	-	-
Current Portion of Long-Term Debt	4	4.7	3.43	3.61	2.96	1.77
Current Portion of Leases	-	0.29	0.27	0.41	0.44	0.49
Current Income Taxes Payable	-	0.59	0.7	1.2	1.1	-
Current Unearned Revenue	-	0.15	0.15	-	-	-
Other Current Liabilities	3.6	1.06	1.61	2.06	1.08	0.63
Total Current Liabilities	21.69	21.36	18.89	20.19	14.14	8.77
Long-Term Debt	19.05	21.33	19.86	12.24	8.55	5.01
Long-Term Leases	-	0.56	0.32	0.42	0.55	0.88
Long-Term Unearned Revenue	1.31	1.46	1.61	1.52	1.24	1.37
Pension & Post-Retirement Benefits	0.44	0.39	0.31	0.32	0.34	0.79
Long-Term Deferred Tax Liabilities	4.78	4.6	4.53	3.6	3.67	3.28
Other Long-Term Liabilities	-	-	-0	-	0.76	0.18
Total Liabilities	47.26	49.7	45.52	38.3	29.25	20.28
Common Stock	14.63	14.63	14.63	14.58	14.53	14.82
Additional Paid-In Capital	1.98	1.98	1.98	1.85	1.82	14.43
Retained Earnings	15.23	12.05	10.29	7.35	4.19	-11.57
Treasury Stock	-0.61	-0.58	-0.41	-0.06	-	-
Comprehensive Income & Other	4.35	3.55	3.32	1.55	1.55	1.55
Total Common Equity	35.58	31.63	29.8	25.28	22.09	19.24
Minority Interest	-	-	-	-	0.02	-0.01
Shareholders' Equity	35.58	31.63	29.8	25.28	22.1	19.23
Total Liabilities & Equity	82.84	81.34	75.33	63.58	51.35	39.5
Total Debt	23.05	27.16	24.03	16.69	12.5	8.15
Net Cash (Debt)	-19.16	-22.26	-18.33	-10.31	-8.24	-5.5
Net Cash Per Share	-	-0.83	-0.68	-0.38	-0.31	-0.20
Filing Date Shares Outstanding	-	26.85	26.55	26.98	26.91	26.91
Total Common Shares Outstanding	-	26.85	26.55	26.98	26.91	26.91
Working Capital	4.5	4.59	3.77	3.32	4.39	2.49
Book Value Per Share	-	1.18	1.12	0.94	0.82	0.71
Tangible Book Value	32.5	28.81	27.02	25.04	21.88	19.08
Tangible Book Value Per Share	-	1.07	1.02	0.93	0.81	0.71
Land	-	2.02	2.01	1.66	1.47	1.47
Buildings	-	12.37	11.65	6.53	6.09	5.57
Machinery	-	59.48	55.67	44.81	36.67	33.24
Construction In Progress	-	1.56	1.21	2.41	1.97	0.01

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.