GVS S.p.A. 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	-	102.99	191.47	135.17	136.89
Short-Term Investments	-	30.86	2.32	4.59	8.16
Cash & Short-Term Investments	-	133.85	193.79	139.76	145.06
Cash Growth	-	-30.93%	38.66%	-3.65%	11.63%
Accounts Receivable	50.8	56.93	55.08	74.15	54.65
Other Receivables	-	19.95	17.94	15.48	14.36
Receivables	50.8	76.88	73.02	89.63	69.02
Inventory	90.4	80.54	84.81	106.92	72.35
Prepaid Expenses	-	1.94	1.68	1.5	1.75
Other Current Assets	25.4	0.89	0.79	1.41	1.66
Total Current Assets	166.6	294.11	354.08	339.22	289.84
Property, Plant & Equipment	188.8	157.39	143.09	143.57	88.38
Long-Term Investments	-	0.03	0.03	0.04	0.02
Goodwill	-	249.27	242.76	246.66	98.38
Other Intangible Assets	434.3	208.88	217.91	239.58	122.48
Long-Term Deferred Tax Assets	-	0.86	2.85	3.49	1.5
Long-Term Deferred Charges	-	14.79	11.03	8.6	6.88
Other Long-Term Assets	3.3	5.02	10.95	11.41	1.09
Total Assets	793	930.35	983.12	993.05	608.57
Accounts Payable	42.6	42.54	38.45	57.94	23.82
Accrued Expenses	-	25.96	24.82	21.64	14.69
Short-Term Debt	44.9	1.15	2.18	228.81	0.55
Current Portion of Long-Term Debt	-	56.07	105.55	209.43	41.16
Current Portion of Leases	-	8.03	7.38	8.31	4.76
Current Income Taxes Payable	-	10.16	8.13	2.66	3.05
Current Unearned Revenue	-	7.01	7.21	7.31	3.47
Other Current Liabilities	36.1	20.28	18.65	0.46	20.1
Total Current Liabilities	123.6	171.21	212.37	536.57	111.59
Long-Term Debt	195.2	246.02	351.34	10.99	180.16
Long-Term Leases	-	14.14	13.16	16.9	6.77
Pension & Post-Retirement Benefits	2.8	2.92	3.12	4.63	4.37
Long-Term Deferred Tax Liabilities	-	29.94	35.45	46.09	5.68
Other Long-Term Liabilities	34.2	14.89	33.21	50.2	4.65
Total Liabilities	355.8	479.12	648.65	665.38	313.22
Common Stock	437.2	1.89	1.75	1.75	1.75
Additional Paid-In Capital	-	167.49	92.77	92.77	92.77
Retained Earnings	-	283.31	249.89	238.69	207.59
Treasury Stock	-	-2.84	-2.52	-4.85	-3.45
Comprehensive Income & Other	-	1.32	-7.43	-0.73	-3.36
Total Common Equity	437.2	451.18	334.45	327.63	295.31
Minority Interest	-	0.05	0.03	0.05	0.04
Shareholders' Equity	437.2	451.23	334.48	327.67	295.35
Total Liabilities & Equity	793	930.35	983.12	993.05	608.57
Total Debt	240.1	325.41	479.61	474.44	233.4
Net Cash (Debt)	-240.1	-191.56	-285.83	-334.68	-88.35
Net Cash Per Share	-1.28	-1.09	-1.64	-1.92	-0.51
Filing Date Shares Outstanding	187.35	188.88	174.76	174.55	174.55
Total Common Shares Outstanding	187.35	188.88	174.76	174.55	174.69
Working Capital	43	122.9	141.71	-197.34	178.25
Book Value Per Share	2.33	2.39	1.91	1.88	1.69
Tangible Book Value	2.9	-6.97	-126.22	-158.62	74.45
Tangible Book Value Per Share	0.02	-0.04	-0.72	-0.91	0.43
Land	-	30.55	26.53	26.95	-
Machinery	-	250.46	240.05	227.83	167.65
Construction In Progress	-	31.09	24.33	20.95	13.1
Leasehold Improvements	-	13.75	14.11	13.39	9.5

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.