Fiera Milano 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	Jun '26 Jun 30, 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	100.43	180.18	72.44	99.84	81.97	148.25
Short-Term Investments	54.17	8.99	17.78	39.66	36.42	8.21
Cash & Short-Term Investments	154.6	189.17	90.22	139.5	118.39	156.46
Cash Growth	-0.31%	109.68%	-35.33%	17.83%	-24.33%	618.94%
Accounts Receivable	86.88	64.61	51.16	40.57	33.4	31.13
Inventory	5.64	3.6	7.84	2.26	3.14	3.28
Other Current Assets	-	-	-	-	2.67	0.13
Total Current Assets	247.12	257.38	149.23	182.33	154.94	190.87
Net Property, Plant & Equipment	292.06	304.98	316.05	373.47	372.49	398.32
Other Intangible Assets	20.79	21.32	9.02	12.24	15.2	18.51
Goodwill	119.62	97.59	95.04	95.04	95.04	95.04
Long-Term Investments	56.33	55.75	51.27	51.68	32.06	15.89
Other Long-Term Assets	24.05	23.83	38.07	39.78	44.6	45.97
Total Assets	759.96	760.85	658.67	754.53	716.98	764.72
Accounts Payable	74.99	82.29	69.89	65.27	50.32	50.57
Accrued Expenses	3.58	4.11	1.98	2.87	2.61	4.96
Short-Term Debt	-	5.35	8.45	27.5	27.25	0.94
Current Portion of Long-Term Debt	0.47	0.43	0.43	0.51	0.62	9.99
Current Portion of Leases	45.59	43.88	40.68	54.93	49.89	41.38
Unearned Revenue	44.17	42.99	40.31	39.84	29.87	35.89
Other Current Liabilities	63.29	74.08	32.13	33.02	28.84	29.32
Total Current Liabilities	237.94	253.12	193.87	223.94	186.72	172.91
Long-Term Debt	38.91	26.16	3.5	30.63	62.55	98.23
Long-Term Leases	261.06	277.29	290.96	340.3	346.86	370.57
Other Long-Term Liabilities	7.5	17.54	13.27	11.23	12	13.9
Total Long-Term Liabilities	307.46	320.99	307.73	382.16	421.4	482.69
Total Liabilities	545.41	760.85	658.67	754.53	716.98	764.72
Common Stock	42.14	41.86	41.83	41.99	42.18	42.28
Additional Paid-in Capital	8.07	8.23	8.31	9.35	9.83	10.26
Accumulated Other Comprehensive Income	-23.65	-7.86	3.35	2.7	5.26	2.62
Retained Earnings	121.06	139.06	103.17	93.86	48.39	53.15
Total Common Shareholders' Equity	197.1	181.29	156.66	147.9	105.66	108.31
Minority Interest	7.12	5.45	0.41	0.54	0.53	0.67
Shareholders' Equity	204.21	186.74	157.07	148.43	106.19	108.99
Total Liabilities & Equity	759.96	947.59	815.74	902.96	823.18	873.7
Total Debt	346.02	353.1	344.02	453.87	487.16	521.11
Net Cash (Debt)	-191.42	-163.92	-253.8	-314.37	-368.77	-364.65
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.69	-2.31	-3.57	-4.41	-5.15	-5.09
Book Value	197.1	181.29	156.66	147.9	105.66	108.31
Book Value Per Share	2.77	2.55	2.20	2.07	1.48	1.51
Tangible Book Value	56.69	62.39	52.61	40.62	-4.57	-5.23
Tangible Book Value Per Share	0.80	0.88	0.74	0.57	-0.06	-0.07