BolognaFiere 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	72.71	57.71	59.12	57.69	50.14
Cash & Short-Term Investments	72.71	57.71	59.12	57.69	50.14
Cash Growth	25.99%	-2.39%	2.49%	15.05%	43.08%
Accounts Receivable	60.94	61.67	49.24	49.88	29.62
Other Receivables	6.27	16.38	15.25	9.17	14.53
Receivables	67.21	78.06	64.49	59.05	44.16
Inventory	11.04	9.02	7.8	7.8	6.37
Prepaid Expenses	-	-	-	4.76	2.86
Other Current Assets	20.64	15.27	8.06	7.58	7.54
Total Current Assets	171.6	160.06	139.46	136.88	111.07
Property, Plant & Equipment	368.33	365.1	371	360.07	320.58
Long-Term Investments	16.82	12.49	13.04	13.52	1.52
Goodwill	-	33.98	26.87	25.39	20.73
Other Intangible Assets	37.67	4.75	5.39	5.84	4.46
Long-Term Accounts Receivable	1.12	0.08	0.07	0.05	-
Long-Term Deferred Tax Assets	11.11	11.68	14.34	17.56	16.75
Other Long-Term Assets	2.31	3.76	8.83	9.74	2.29
Total Assets	608.96	591.89	579	569.05	477.4
Accounts Payable	63.9	55.3	53.35	53.3	43.46
Accrued Expenses	4.28	9.8	11.6	9.09	7.78
Short-Term Debt	50.58	0.5	0.6	-	-
Current Portion of Long-Term Debt	-	35.06	25.07	22.78	47.74
Current Portion of Leases	3.96	3.8	3.27	2.36	2.8
Current Income Taxes Payable	-	4.94	3.85	5.18	3.98
Current Unearned Revenue	-	38.15	35.53	37.54	44.21
Other Current Liabilities	92.95	49.07	36.05	30.51	21.73
Total Current Liabilities	215.68	196.61	169.31	160.76	171.7
Long-Term Debt	77.42	94.61	111.04	146.91	127.08
Long-Term Leases	14.86	14.6	14.73	10.96	13.79
Pension & Post-Retirement Benefits	-	0.36	0.22	0.11	0.11
Long-Term Deferred Tax Liabilities	18.77	18.55	18.53	18.64	12.27
Other Long-Term Liabilities	27.32	23.95	23.34	35.89	16.92
Total Liabilities	354.05	348.69	337.16	373.27	341.85
Common Stock	194.81	194.81	194.81	157.2	106.78
Additional Paid-In Capital	52.35	52.35	52.35	45.08	31.17
Retained Earnings	-24.84	-32.06	-37.97	-31.21	-17.63
Treasury Stock	-	-0.28	-0.28	-0.28	-0.28
Comprehensive Income & Other	28.62	23.79	27.85	21.36	10.75
Total Common Equity	250.94	238.62	236.77	192.15	130.79
Minority Interest	3.97	4.59	5.07	3.63	4.76
Shareholders' Equity	254.91	243.2	241.84	195.78	135.55
Total Liabilities & Equity	608.96	591.89	579	569.05	477.4
Total Debt	146.83	148.58	154.7	183.01	191.41
Net Cash (Debt)	-74.12	-90.87	-95.58	-125.33	-141.27
Net Cash Per Share	-0.38	-0.47	-0.53	-1.14	-1.32
Filing Date Shares Outstanding	192.29	194.67	194.67	157.06	106.64
Total Common Shares Outstanding	192.29	194.67	194.67	157.06	106.64
Working Capital	-44.08	-36.56	-29.85	-23.88	-60.62
Book Value Per Share	1.31	1.23	1.22	1.22	1.23
Tangible Book Value	213.28	199.89	204.51	160.92	105.6
Tangible Book Value Per Share	1.11	1.03	1.05	1.02	0.99
Land	-	471.75	471.75	457.06	410.22
Machinery	-	47.91	46.37	39.39	37.77
Construction In Progress	-	3.59	2.26	0.7	0.02

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.