Qualco Group 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
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	13	22.55	19.28	22.73
Short-Term Investments	0.09	0.16	8.61	0.06
Cash & Short-Term Investments	13.09	22.71	27.88	22.79
Cash Growth	-42.37%	-18.55%	22.36%	-
Accounts Receivable	48.44	32.6	27.33	25.61
Other Receivables	2.25	1.48	3.26	4.6
Receivables	53.03	35.5	31.59	30.21
Inventory	0.1	0.07	-	-
Prepaid Expenses	3.77	3.52	-0.02	-0.14
Restricted Cash	-	-	-	0.58
Other Current Assets	8.48	10.25	8.8	3.5
Total Current Assets	78.47	72.05	68.26	56.93
Property, Plant & Equipment	39.83	34.34	28.99	24.19
Long-Term Investments	13.64	10.72	5.96	3.3
Goodwill	5.64	1.71	-	-
Other Intangible Assets	27.99	18.53	11.23	24.99
Long-Term Deferred Tax Assets	-	-	0.24	0.43
Long-Term Deferred Charges	5.27	-	-	-
Other Long-Term Assets	0.91	0.69	0.61	0.49
Total Assets	172.16	138.05	115.71	110.34
Accounts Payable	13.78	12.03	11.12	11.26
Accrued Expenses	13.76	15.86	16.4	15.83
Short-Term Debt	0.13	0.11	0.15	0.08
Current Portion of Long-Term Debt	12.22	14.33	7.32	7.31
Current Portion of Leases	4.53	3.32	2.85	2.16
Current Income Taxes Payable	9.6	9.45	9.73	8.24
Current Unearned Revenue	2.98	2.5	2.14	1.99
Other Current Liabilities	16.76	0.75	0.44	1.6
Total Current Liabilities	73.76	58.35	50.14	48.46
Long-Term Debt	24.72	16.04	12.82	12.55
Long-Term Leases	20.26	16.72	17.92	16.42
Long-Term Unearned Revenue	1.36	-	-	-
Long-Term Deferred Tax Liabilities	0.45	0.52	-	3.29
Other Long-Term Liabilities	0.28	0.02	0.03	0.6
Total Liabilities	121.77	92.39	81.41	81.71
Common Stock	5	5	5	2.1
Additional Paid-In Capital	-	-	-	3.89
Retained Earnings	42.08	39.63	27.84	10.53
Comprehensive Income & Other	0.07	0.04	1.23	1.22
Total Common Equity	47.14	44.67	34.08	17.75
Minority Interest	3.24	0.98	0.22	10.89
Shareholders' Equity	50.38	45.65	34.3	28.63
Total Liabilities & Equity	172.16	138.05	115.71	110.34
Total Debt	61.85	50.53	41.06	38.51
Net Cash (Debt)	-48.76	-27.82	-13.18	-15.72
Net Cash Per Share	-23.18	-13.22	-6.26	-
Filing Date Shares Outstanding	2.1	2.1	2.1	-
Total Common Shares Outstanding	2.1	2.1	2.1	-
Working Capital	4.71	13.7	18.12	8.47
Book Value Per Share	22.41	21.24	16.20	-
Tangible Book Value	13.51	24.43	22.84	-7.25
Tangible Book Value Per Share	6.42	11.61	10.86	-
Machinery	26.67	23.23	14.77	6.91

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