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
Short-Term Investments	4.9	7.12	2.49	4.26	3.44
Cash & Short-Term Investments	77.61	64.83	61.61	61.95	53.58
Cash Growth	19.71%	5.23%	-0.55%	15.62%	52.03%
Accounts Receivable	60.94	61.67	49.24	49.88	29.62
Other Receivables	6.27	5.39	6.13	6.06	6.23
Total Trade Receivables	67.21	67.06	55.37	55.94	35.86
Inventory	11.04	9.02	7.8	7.8	6.37
Other Current Assets	15.75	19.14	14.69	11.19	15.27
Total Current Assets	171.6	160.06	139.46	136.88	111.07
Net Property, Plant & Equipment	368.33	365.1	371	360.08	320.58
Other Intangible Assets	37.67	38.73	32.25	31.23	25.19
Long-Term Investments	16.82	12.49	13.04	13.52	1.52
Other Long-Term Assets	14.55	15.52	23.24	27.35	19.04
Total Assets	608.96	591.89	579	569.06	477.4
Accounts Payable	63.9	55.3	53.35	53.3	43.46
Accrued Expenses	4.28	4.94	3.85	5.18	3.98
Short-Term Debt	56.91	46.57	32.91	32.59	52.47
Current Portion of Leases	3.96	3.8	3.27	2.36	2.8
Other Current Liabilities	86.63	86.01	75.94	67.33	68.99
Total Current Liabilities	215.68	196.61	169.31	160.76	171.7
Long-Term Debt	88.88	102.44	120.06	155.87	130.66
Long-Term Leases	14.86	14.6	14.73	10.96	13.79
Other Long-Term Liabilities	34.62	35.04	33.06	45.68	25.71
Total Long-Term Liabilities	138.36	152.07	167.85	212.51	170.16
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
Accumulated Other Comprehensive Income	28.62	31.69	35.75	29.27	18.66
Retained Earnings	-38	-43.64	-46.73	-39.4	-25.81
Total Common Shareholders' Equity	505.85	481.82	478.61	387.94	266.34
Minority Interest	3.97	4.59	5.07	6.99	8.93
Shareholders' Equity	509.82	486.41	483.68	394.92	275.28
Total Liabilities & Equity	608.96	591.89	579	569.06	477.4
Total Debt	164.61	167.41	170.96	201.77	199.71
Net Cash (Debt)	-87	-102.58	-109.35	-139.83	-146.14
Net Cash Per Share	-0.45	-0.53	-0.61	-1.26	-1.37
Book Value	505.85	481.82	478.61	387.94	266.34
Book Value Per Share	2.60	2.48	2.68	3.49	2.50
Tangible Book Value	468.19	443.09	446.35	356.7	241.16
Tangible Book Value Per Share	2.41	2.28	2.50	3.21	2.26