Emak S.p.A. Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	77.6	69.17	75.66	86.48	79.65	99.29
Trading Asset Securities	-	0.22	1.02	2.54	0.05	-
Cash & Short-Term Investments	77.6	69.39	76.68	89.01	79.7	99.29
Cash Growth	10.57%	-9.50%	-13.86%	11.69%	-19.73%	107.80%
Accounts Receivable	132.83	124.41	113.88	113.04	121.09	104.52
Other Receivables	6.98	15.69	16.14	13.97	14.7	12.31
Receivables	139.81	140.1	130.03	127.01	135.79	116.83
Inventory	232.94	251.68	234.66	233.97	217.32	163.6
Prepaid Expenses	-	4	3.16	2.62	2.27	1.76
Other Current Assets	0.25	0.15	0.07	0.21	0.31	0.74
Total Current Assets	450.59	465.34	444.59	452.82	435.38	382.22
Property, Plant & Equipment	127.48	129.63	123.01	112.91	112.69	98.92
Long-Term Investments	0.81	0.81	0.81	0.01	0.01	0.01
Goodwill	65.97	67.18	72.55	71.22	70.63	67.46
Other Intangible Assets	29.6	27.66	22.38	18.86	19.31	18.43
Long-Term Deferred Tax Assets	13.98	13.52	11.53	10.4	10.01	9.06
Long-Term Deferred Charges	-	4.17	4.01	4.1	4.66	4.36
Other Long-Term Assets	1.34	7.21	9.12	8.8	5.46	6.56
Total Assets	689.78	715.51	688	679.12	658.15	587.03
Accounts Payable	93.36	102.45	86.81	87.86	122.07	91.29
Accrued Expenses	-	19.59	17.34	15.53	18.25	12.93
Short-Term Debt	8.18	4.12	2.75	3.13	2.82	2.01
Current Portion of Long-Term Debt	64.83	71.15	84.06	73.47	67.11	60.73
Current Portion of Leases	9.19	8.63	7.5	6.36	5.86	4.82
Current Income Taxes Payable	5.81	5.41	5.75	5.52	6.18	6.71
Other Current Liabilities	3.6	8.03	6.58	7.71	11.16	5.92
Total Current Liabilities	184.97	219.38	210.78	199.56	233.44	184.41
Long-Term Debt	165.1	161.26	138.55	152.35	115.99	135.46
Long-Term Leases	31.92	35.55	36.43	31.68	33.11	24.06
Long-Term Unearned Revenue	-	0.36	0.38	0.41	0.6	0.68
Pension & Post-Retirement Benefits	6.64	6.54	6.07	6.29	7.5	7.61
Long-Term Deferred Tax Liabilities	8.41	9.01	7.97	7.96	7.39	6.47
Other Long-Term Liabilities	3.53	3.11	4.16	3.88	4.19	6.05
Total Liabilities	400.56	435.2	404.34	402.13	402.22	364.73
Common Stock	284.39	42.62	42.62	42.62	42.62	42.62
Additional Paid-In Capital	-	41.51	41.51	41.51	41.51	41.51
Retained Earnings	-	190.59	159.12	153.7	136.15	111.18
Treasury Stock	-	-2.84	-2.84	-2.84	-2.03	-2.03
Comprehensive Income & Other	-	4.06	38.93	38	34.93	26.85
Total Common Equity	284.39	275.95	279.35	273	253.18	220.14
Minority Interest	4.83	4.37	4.32	3.98	2.75	2.16
Shareholders' Equity	289.22	280.31	283.67	276.99	255.93	222.3
Total Liabilities & Equity	689.78	715.51	688	679.12	658.15	587.03
Total Debt	279.23	280.72	269.29	266.98	224.9	227.07
Net Cash (Debt)	-201.63	-211.33	-192.61	-177.97	-145.2	-127.78
Net Cash Per Share	-1.24	-1.30	-1.18	-1.09	-0.89	-0.78
Filing Date Shares Outstanding	165.88	162.84	162.84	162.84	163.54	163.54
Total Common Shares Outstanding	165.88	162.84	162.84	162.84	163.54	163.54
Working Capital	265.63	245.96	233.81	253.26	201.94	197.81
Book Value Per Share	1.71	1.69	1.72	1.68	1.55	1.35
Tangible Book Value	188.81	181.11	184.42	182.92	163.24	134.25
Tangible Book Value Per Share	1.14	1.11	1.13	1.12	1.00	0.82
Land	-	63.44	59.45	59.51	59.36	57.27
Machinery	-	153.03	137.34	127.13	120.42	109.65

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