G.M. Leather 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	0.19	2.02	1.92	1.09	0.75
Short-Term Investments	-	-	-	-	0.02
Cash & Short-Term Investments	0.19	2.02	1.92	1.09	0.76
Cash Growth	-90.77%	5.52%	75.93%	43.24%	-38.91%
Accounts Receivable	13.86	12.04	10.57	16.38	12.43
Other Receivables	2.17	2.2	5.09	3.32	2.54
Receivables	16.02	14.25	15.67	19.7	14.97
Inventory	26.86	28.91	24.28	10.81	12.07
Prepaid Expenses	-	0.54	0.57	-	-
Other Current Assets	0.01	0.01	0.04	0.25	-
Total Current Assets	43.28	45.89	42.59	31.85	27.87
Property, Plant & Equipment	6.8	6.79	6.75	2.02	3.98
Long-Term Investments	0	0	0	0	0.03
Goodwill	-	0.21	-	-	0.04
Other Intangible Assets	3.28	2.66	2.25	1.49	0.88
Long-Term Deferred Charges	2.43	2.64	2.55	2.34	0.75
Other Long-Term Assets	0	-0	0.12	0	-0
Total Assets	55.78	58.19	54.25	37.69	33.55
Accounts Payable	13.15	12.85	10.23	7.48	8.66
Accrued Expenses	1.25	1.93	1.04	0.37	0.94
Current Portion of Long-Term Debt	-	19.2	15.59	8.68	7.59
Current Income Taxes Payable	-	0.41	0	0	0.02
Other Current Liabilities	0.04	0.44	0.01	0.02	0.01
Total Current Liabilities	14.44	34.83	26.87	16.55	17.23
Long-Term Debt	25.68	8.56	12.02	7.89	6.86
Long-Term Unearned Revenue	-	0.54	-	-	-
Other Long-Term Liabilities	2.1	0.75	1.91	1.54	1.41
Total Liabilities	42.22	44.67	40.8	25.97	25.5
Common Stock	0.11	0.11	0.11	0.11	0.09
Additional Paid-In Capital	3.89	3.89	3.89	3.89	-
Retained Earnings	9.42	9.48	9.14	7.27	7.11
Comprehensive Income & Other	0.4	0.29	0.31	0.44	0.84
Total Common Equity	13.82	13.77	13.46	11.72	8.05
Minority Interest	-0.26	-0.25	-	-	-
Shareholders' Equity	13.56	13.52	13.46	11.72	8.05
Total Liabilities & Equity	55.78	58.19	54.25	37.69	33.55
Total Debt	25.68	27.76	27.61	16.56	14.45
Net Cash (Debt)	-25.49	-25.74	-25.69	-15.48	-13.69
Net Cash Per Share	-	-2.29	-2.29	-1.38	-1.24
Filing Date Shares Outstanding	-	11.24	11.24	11.24	11.06
Total Common Shares Outstanding	-	11.24	11.24	11.24	11.06
Working Capital	28.84	11.06	15.72	15.31	10.64
Book Value Per Share	-	1.23	1.20	1.04	0.73
Tangible Book Value	10.54	10.89	11.2	10.23	7.13
Tangible Book Value Per Share	-	0.97	1.00	0.91	0.64
Land	-	0.02	0.02	0.02	2.71
Machinery	-	9.53	8.12	2.8	2.05
Construction In Progress	-	-	0.2	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.