Azimut Holding Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	591.23	498.93	394.8	464.57	298.14	180.04
Cash & Short-Term Investments	591.23	498.93	394.8	464.57	298.14	180.04
Cash Growth	-3.10%	26.38%	-15.02%	55.82%	65.59%	-35.57%
Trading Assets	8,178	8,339	8,239	7,545	7,320	7,739
Other Current Assets	77.55	68.22	3.11	8.79	40.66	3.73
Total Current Assets	8,846	8,906	8,637	8,018	7,659	7,922
Net Property, Plant & Equipment	28.39	31.88	29.47	45.88	48.56	52.04
Other Intangible Assets	170.17	99.09	73.06	142.91	134.58	118.79
Goodwill	700.56	584.13	508	749.83	743.67	648.24
Long-Term Investments	398.12	387.28	514.77	556.26	449.61	707.6
Other Long-Term Assets	617.85	645.16	470.81	445.12	479.53	473.36
Total Assets	10,768	10,654	10,233	9,958	9,515	9,922
Accounts Payable	123.21	71.33	44.14	610.82	555.94	932.68
Trading Liabilities	5,951	6,104	6,030	5,680	5,524	6,962
Other Current Liabilities	49.82	28.35	60.1	142.73	120.12	71.83
Total Current Liabilities	6,124	6,204	6,134	6,433	6,200	7,966
Long-Term Debt	-	-	-	496.98	497.92	852.68
Other Long-Term Liabilities	2,382	2,376	2,151	1,973	1,843	720.42
Total Long-Term Liabilities	2,382	2,376	2,151	2,470	2,341	1,573
Total Liabilities	8,506	8,580	8,285	8,903	8,540	9,922
Common Stock	32.32	32.32	32.32	32.32	32.32	32.32
Treasury Stock	-53.85	-49.28	-7.51	-55.07	-56.49	-40.83
Additional Paid-in Capital	209.99	209.99	209.99	209.99	209.99	209.99
Accumulated Other Comprehensive Income	-32.52	-66.08	2.35	-9.94	14.59	9.19
Retained Earnings	2,091	1,916	1,686	1,373	1,217	971.98
Total Common Shareholders' Equity	2,247	2,043	1,923	1,551	1,417	1,183
Minority Interest	14.42	30.3	24.85	58.74	54.8	52.94
Shareholders' Equity	2,262	2,074	1,948	1,609	1,472	1,236
Total Liabilities & Equity	10,768	10,654	10,233	9,958	9,515	11,158
Total Debt	-	0	0	496.98	497.92	852.68
Net Cash (Debt)	591.23	498.93	394.8	-32.41	-199.77	-672.63
Net Cash Growth	-3.10%	26.38%	-	-	-	-
Net Cash Per Share	4.17	3.52	2.81	-0.23	-1.41	-4.76
Book Value	2,247	2,043	1,923	1,551	1,417	1,183
Book Value Per Share	15.86	14.42	13.69	11.20	10.04	8.38
Tangible Book Value	1,376	1,360	1,342	657.82	539.18	415.61
Tangible Book Value Per Share	9.71	9.60	9.55	4.75	3.82	2.94