Aerodrom Nikola Tesla a.d. (BELEX:AERO)

BELEX:AERO Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,199	1,768	546.95	770.85	612.13	725.32
Short-Term Investments	2,521	1,397	457.83	45.65	46.38	46.41
Cash & Short-Term Investments	3,719	3,165	1,005	816.51	658.51	771.73
Cash Growth	245.18%	215.03%	23.06%	23.99%	-14.67%	-16.43%
Accounts Receivable	278.42	307.94	280.77	187.65	9.21	167.45
Other Receivables	11.99	49.04	1,745	1,717	1,689	1,668
Receivables	290.42	356.98	2,026	1,905	1,698	1,835
Inventory	2.64	1.39	1.3	2.95	1.72	2
Other Current Assets	3.12	0.13	0.2	0.23	0.22	1.65
Total Current Assets	4,015	3,524	3,032	2,724	2,359	2,610
Property, Plant & Equipment	50,221	50,391	38,489	28,773	27,812	28,228
Long-Term Investments	89.03	-	-	-	-	127.12
Other Intangible Assets	10.19	11.98	19.25	8.47	20.46	34.08
Other Long-Term Assets	1,120	1,664	1,862	2,004	2,082	1,586
Total Assets	55,455	55,591	43,402	33,509	32,274	32,586
Accounts Payable	11.13	16.88	27.13	19.1	14.43	25.63
Accrued Expenses	9.66	0.88	0.91	0.79	0.89	0.81
Current Portion of Leases	8.72	15.86	13.22	24.28	24.61	-
Current Unearned Revenue	676.89	921.32	706.27	216.59	159.92	164.41
Other Current Liabilities	18.57	18.67	20.31	20.33	20.35	22.26
Total Current Liabilities	724.97	973.6	767.83	281.1	220.21	213.1
Long-Term Leases	50.83	50.83	-	11.87	30.82	-
Long-Term Unearned Revenue	16,685	16,685	12,827	3,685	2,509	2,628
Long-Term Deferred Tax Liabilities	1,998	1,998	827.67	795.57	769.92	732.64
Other Long-Term Liabilities	100.94	97.16	97.34	93.18	124.38	97.41
Total Liabilities	19,560	19,809	14,523	4,869	3,656	3,678
Common Stock	21,016	21,016	21,016	21,016	21,016	21,016
Additional Paid-In Capital	306.86	306.86	306.86	306.86	306.86	306.86
Retained Earnings	5,924	5,811	5,369	5,119	5,081	5,371
Comprehensive Income & Other	8,648	8,648	2,188	2,199	2,214	2,214
Shareholders' Equity	35,895	35,781	28,879	28,640	28,617	28,907
Total Liabilities & Equity	55,455	55,591	43,402	33,509	32,274	32,586
Total Debt	59.55	66.69	13.22	36.16	55.43	-
Net Cash (Debt)	3,659	3,099	991.56	780.35	603.09	771.73
Net Cash Growth	241.74%	212.51%	27.07%	29.39%	-21.85%	-16.43%
Net Cash Per Share	104.48	88.47	28.31	22.28	17.22	22.03
Filing Date Shares Outstanding	34.97	34.97	34.97	34.97	35.03	35.03
Total Common Shares Outstanding	34.97	34.97	34.97	34.97	35.03	35.03
Working Capital	3,290	2,550	2,264	2,443	2,139	2,397
Book Value Per Share	1026.42	1023.18	825.82	818.98	817.03	825.31
Tangible Book Value	35,885	35,769	28,860	28,632	28,597	28,873
Tangible Book Value Per Share	1026.13	1022.84	825.27	818.74	816.45	824.34
Land	21,551	21,551	14,180	14,180	14,180	14,180
Buildings	26,386	26,386	22,909	12,528	11,225	11,220
Machinery	2,757	2,757	4,077	4,112	4,112	4,119
Construction In Progress	298.81	285.49	258.58	249.36	141.32	61.16

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