Ascopiave 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	34.65	34.18	52.08	76.92	42.54
Trading Asset Securities	0.56	0.83	2.07	5.67	0.27
Accounts Receivable	118.3	63.06	33.38	20.1	26.79
Other Receivables	48.56	39.64	82.17	136.23	21.59
Inventory	9.97	7.02	8.28	7.34	8.18
Prepaid Expenses	2.34	1.7	0.86	1.19	1
Other Current Assets	1.73	204.64	6.7	2.37	5.52
Total Current Assets	216.11	351.06	185.54	249.82	105.87
Property, Plant & Equipment	184.24	161.9	156.48	138.43	58.01
Goodwill	117.87	61.73	61.73	61.35	49.27
Other Intangible Assets	1,199	725.69	704.63	698.4	598.01
Long-Term Investments	56.53	105.47	308.33	436.29	521.36
Long-Term Deferred Tax Assets	52.94	38.52	39.3	39.25	31.57
Other Long-Term Assets	5.59	7.94	5.99	24.09	6.47
Total Assets	1,832	1,452	1,462	1,648	1,371
Accounts Payable	93.67	65.43	73.03	180.2	34.4
Accrued Expenses	16.5	9.89	12.48	9.68	8.59
Short-Term Debt	27.23	45	60	98.03	139.69
Current Portion of Long-Term Debt	71.05	64.29	88.35	119.44	60.97
Current Unearned Revenue	4.62	1.81	2.68	2.07	1.61
Current Portion of Leases	2.84	0.89	1.56	0.89	0.96
Current Income Taxes Payable	5.98	3.99	-	1.13	1.06
Other Current Liabilities	59.75	23.4	8	5.97	14.07
Total Current Liabilities	281.63	214.7	246.09	417.4	261.34
Long-Term Debt	540.25	308.63	290.41	272.57	185.67
Long-Term Leases	10.73	6.79	7.45	7.37	6.78
Long-Term Unearned Revenue	56.2	38.16	36.11	34.47	27.4
Pension & Post-Retirement Benefits	8.2	4.82	6.22	5.99	5.19
Long-Term Deferred Tax Liabilities	16.41	17.1	17.62	19.61	13.23
Other Long-Term Liabilities	6.47	4.33	3.81	3.81	2.44
Total Liabilities	919.89	594.53	607.7	761.21	502.05
Common Stock	234.41	234.41	234.41	234.41	234.41
Retained Earnings	291.13	240.11	240.46	232.46	253.04
Treasury Stock	-55.99	-55.99	-55.42	-55.42	-55.42
Comprehensive Income & Other	442.85	429.43	425.31	454.84	436.51
Total Common Equity	912.4	847.97	844.75	866.28	868.54
Minority Interest	0.01	9.82	9.53	20.12	-0.04
Shareholders' Equity	912.41	857.79	854.28	886.4	868.51
Total Liabilities & Equity	1,832	1,452	1,462	1,648	1,371
Total Debt	652.1	425.6	447.77	498.3	394.06
Net Cash (Debt)	-616.89	-390.59	-393.61	-415.71	-351.26
Net Cash Per Share	-2.85	-1.80	-1.82	-1.92	-1.62
Filing Date Shares Outstanding	216.44	216.44	216.71	216.71	216.71
Total Common Shares Outstanding	216.44	216.44	216.71	216.71	216.71
Working Capital	-65.53	136.37	-60.56	-167.58	-155.47
Book Value Per Share	4.22	3.92	3.90	4.00	4.01
Tangible Book Value	-404.49	60.55	78.4	106.54	221.27
Tangible Book Value Per Share	-1.87	0.28	0.36	0.49	1.02
Land	65.85	62.69	57.87	51.03	45.1
Machinery	207.39	202.46	166.22	165.54	23.27
Construction In Progress	33.47	15.81	41.66	24.62	24.57

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