Instituto Rosenbusch Balance Sheet

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

Millions ARS. 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	712.26	1,154	850.98	331.95	110.95
Cash & Short-Term Investments	712.26	1,154	850.98	331.95	110.95
Cash Growth	-38.27%	35.59%	156.36%	199.19%	53.44%
Accounts Receivable	1,195	1,974	1,535	757.64	283.15
Other Receivables	731.61	452.41	1,434	277.19	102.92
Receivables	1,927	2,426	2,969	1,035	386.07
Inventory	2,608	4,127	4,762	1,639	580.1
Other Current Assets	486.17	50.78	34.9	112.28	6.15
Total Current Assets	5,733	7,758	8,617	3,118	1,083
Property, Plant & Equipment	1,992	2,143	2,318	1,023	361.4
Other Intangible Assets	-	-	29.35	10.12	0.09
Other Long-Term Assets	20.36	20.82	16.17	46.75	10.91
Total Assets	7,745	9,921	10,981	4,198	1,456
Accounts Payable	761.78	648.73	1,797	432.2	171.68
Accrued Expenses	3,852	1,873	742.44	889.75	194.96
Current Portion of Long-Term Debt	518.98	1,246	948.93	152.26	36.72
Current Income Taxes Payable	101.05	46.98	170.65	114.04	13.34
Other Current Liabilities	1,371	514.59	449.77	112.09	125.52
Total Current Liabilities	6,605	4,329	4,109	1,700	542.21
Long-Term Debt	931.02	1,043	1,302	921.91	335.29
Long-Term Deferred Tax Liabilities	13.27	17.46	28.9	41.33	25.86
Other Long-Term Liabilities	722	541.55	993.64	286.93	164.31
Total Liabilities	8,272	5,931	6,434	2,951	1,068
Common Stock	42.59	42.59	42.59	42.59	42.59
Retained Earnings	-8,893	-4,296	-1,848	-1,412	-445.2
Comprehensive Income & Other	8,051	7,992	5,975	2,499	747.43
Total Common Equity	-800.17	3,739	4,169	1,130	344.82
Minority Interest	273.98	250.87	378.59	117.44	43.18
Shareholders' Equity	-526.19	3,990	4,548	1,247	388.01
Total Liabilities & Equity	7,745	9,921	10,981	4,198	1,456
Total Debt	1,450	2,289	2,251	1,074	372.01
Net Cash (Debt)	-737.74	-1,135	-1,400	-742.22	-261.06
Net Cash Per Share	-17.32	-26.66	-32.88	-17.43	-6.13
Filing Date Shares Outstanding	42.59	42.59	42.59	42.59	42.59
Total Common Shares Outstanding	42.59	42.59	42.59	42.59	42.59
Working Capital	-872.37	3,429	4,509	1,418	541.06
Book Value Per Share	-18.79	87.80	97.89	26.53	8.10
Tangible Book Value	-800.17	3,739	4,140	1,120	344.73
Tangible Book Value Per Share	-18.79	87.80	97.20	26.29	8.09
Machinery	13,111	13,469	11,039	4,949	1,543
Construction In Progress	290.48	290.48	220.81	101.4	32.56

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