Titan 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	483.56	123.28	194.53	105.7	79.88
Short-Term Investments	-	-	80	-	-
Trading Asset Securities	-	0.68	-	-	-
Cash & Short-Term Investments	483.56	123.97	274.53	105.7	79.88
Cash Growth	290.07%	-54.84%	159.71%	32.32%	-61.30%
Accounts Receivable	213.19	218.14	199.63	173.96	128.45
Other Receivables	82.21	74.94	49.38	50.49	45.05
Receivables	338.24	343.26	302.07	273.39	216.7
Inventory	405.21	442.19	395.48	394.67	305.13
Prepaid Expenses	23.7	20.61	22.21	16.15	16.77
Other Current Assets	11.85	20.51	27.07	22.31	15.51
Total Current Assets	1,263	950.53	1,021	812.22	634
Property, Plant & Equipment	1,668	1,814	1,689	1,664	1,545
Long-Term Investments	134.55	105.84	110.87	103.89	91.24
Goodwill	248.49	273.48	274.03	280.83	271.99
Other Intangible Assets	104.03	97.23	79.64	83.87	91.44
Long-Term Deferred Tax Assets	5.04	4.73	3.66	5.73	8.87
Other Long-Term Assets	73.72	36.59	33.01	43.28	35.72
Total Assets	3,496	3,283	3,211	2,994	2,679
Accounts Payable	301.61	321.28	313.24	312.43	238.75
Accrued Expenses	67.19	56.45	49.41	49.67	49.1
Current Portion of Long-Term Debt	100.53	66.42	377.85	122.5	89.24
Current Portion of Leases	14.25	16.72	15.52	16.87	16.38
Current Income Taxes Payable	17.03	15.28	17.84	5.86	1.54
Current Unearned Revenue	23.63	19.04	16.95	14	10.07
Other Current Liabilities	33.87	42.35	55.27	52.52	35.75
Total Current Liabilities	558.11	537.53	846.07	573.85	440.83
Long-Term Debt	520.06	597.02	486.25	704.82	641.46
Long-Term Leases	62.25	65.18	56.66	58.78	46
Long-Term Unearned Revenue	2.86	2.91	3.87	4.61	5.18
Pension & Post-Retirement Benefits	25.17	23.88	21.37	20.22	22.06
Long-Term Deferred Tax Liabilities	144.7	149.61	127.87	130.11	113.6
Other Long-Term Liabilities	99.14	81.95	89.64	77.64	72.62
Total Liabilities	1,412	1,458	1,632	1,570	1,342
Common Stock	959.35	959.35	959.35	959.35	1,159
Additional Paid-In Capital	5.97	5.97	5.97	5.97	5.97
Retained Earnings	2,772	2,462	2,226	2,003	1,727
Treasury Stock	-81.62	-76.5	-63.14	-54.2	-31.77
Comprehensive Income & Other	-1,701	-1,564	-1,579	-1,519	-1,539
Total Common Equity	1,954	1,787	1,549	1,395	1,322
Minority Interest	129.31	37.45	30.72	29.74	15.26
Shareholders' Equity	2,084	1,825	1,580	1,424	1,337
Total Liabilities & Equity	3,496	3,283	3,211	2,994	2,679
Total Debt	697.09	745.33	936.27	902.96	793.09
Net Cash (Debt)	-213.53	-621.37	-661.75	-797.26	-713.2
Net Cash Per Share	-2.85	-8.29	-8.85	-10.50	-9.50
Filing Date Shares Outstanding	74.38	74.23	74.44	74.96	76.83
Total Common Shares Outstanding	74.38	74.23	74.44	74.96	76.83
Working Capital	704.45	413	175.29	238.37	193.17
Book Value Per Share	26.28	24.08	20.81	18.60	17.20
Tangible Book Value	1,602	1,416	1,195	1,030	958.2
Tangible Book Value Per Share	21.54	19.08	16.06	13.74	12.47
Land	317.78	343.33	322.91	322.45	318.22
Buildings	541.58	591.89	513.31	489.32	456.75
Machinery	2,610	2,781	2,539	2,501	2,351
Construction In Progress	157.69	102.69	159.27	136.49	86.34

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