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	373.79	218.14	199.63	173.96	128.45
Other Receivables	-	74.94	49.38	50.49	45.05
Receivables	373.79	343.26	302.07	273.39	216.7
Inventory	405.21	442.19	395.48	394.67	305.13
Prepaid Expenses	-	20.61	22.21	16.15	16.77
Other Current Assets	-	20.51	27.07	22.31	15.51
Total Current Assets	1,263	950.53	1,021	812.22	634
Property, Plant & Equipment	1,679	1,814	1,689	1,664	1,545
Long-Term Investments	134.55	105.84	110.87	103.89	91.24
Goodwill	-	273.48	274.03	280.83	271.99
Other Intangible Assets	352.52	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	62.54	36.59	33.01	43.28	35.72
Total Assets	3,496	3,283	3,211	2,994	2,679
Accounts Payable	433.12	321.28	313.24	312.43	238.75
Accrued Expenses	-	56.45	49.41	49.67	49.1
Current Portion of Long-Term Debt	114.78	66.42	377.85	122.5	89.24
Current Portion of Leases	-	16.72	15.52	16.87	16.38
Current Income Taxes Payable	-	15.28	17.84	5.86	1.54
Current Unearned Revenue	-	19.04	16.95	14	10.07
Other Current Liabilities	10.21	42.35	55.27	52.52	35.75
Total Current Liabilities	558.11	537.53	846.07	573.85	440.83
Long-Term Debt	582.31	597.02	486.25	704.82	641.46
Long-Term Leases	-	65.18	56.66	58.78	46
Long-Term Unearned Revenue	-	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	102	81.95	89.64	77.64	72.62
Total Liabilities	1,412	1,458	1,632	1,570	1,342
Common Stock	1,954	959.35	959.35	959.35	1,159
Additional Paid-In Capital	-	5.97	5.97	5.97	5.97
Retained Earnings	-	2,462	2,226	2,003	1,727
Treasury Stock	-	-76.5	-63.14	-54.2	-31.77
Comprehensive Income & Other	-	-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	-8.35	-8.85	-10.50	-9.50
Filing Date Shares Outstanding	-	74.23	74.44	74.96	76.83
Total Common Shares Outstanding	-	74.23	74.44	74.96	76.83
Working Capital	704.45	413	175.29	238.37	193.17
Book Value Per Share	-	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	-	19.08	16.06	13.74	12.47
Land	-	343.33	322.91	322.45	318.22
Buildings	-	591.89	513.31	489.32	456.75
Machinery	-	2,781	2,539	2,501	2,351
Construction In Progress	-	102.69	159.27	136.49	86.34

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