Iniziative Bresciane 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	7.48	4.78	10.58	17.01	24.34
Short-Term Investments	-	0.25	-	-	-
Accounts Receivable	2.45	2.8	4.3	3.11	3.09
Other Receivables	2.15	4.9	9.64	4.56	6.2
Inventory	4.55	0.91	-	3.79	2.96
Prepaid Expenses	4.45	4.05	4.17	-	-
Total Current Assets	21.08	17.69	28.69	32.4	38.33
Property, Plant & Equipment	138.44	137.25	136.36	132.14	119.1
Goodwill	3.19	3.47	3.75	4.02	4.3
Other Intangible Assets	40.91	43.51	42.68	40.29	37.81
Long-Term Investments	0	0	0	0	0
Long-Term Deferred Charges	0.02	0.02	0.33	0.61	0.9
Other Long-Term Assets	1.9	2.44	2.72	3.28	2.02
Total Assets	205.54	204.39	214.52	212.76	202.46
Accounts Payable	6.31	3.16	6.44	6.32	7.19
Accrued Expenses	1.35	14.27	14.8	1.26	1.35
Current Portion of Long-Term Debt	24.09	26.58	29.45	26.85	16.19
Current Income Taxes Payable	0.24	0.41	0.5	1.22	0.82
Other Current Liabilities	8.62	3.76	2.74	4.57	2.15
Total Current Liabilities	40.61	48.17	53.93	40.22	27.7
Long-Term Debt	76.38	78.91	84.58	95.37	95.53
Pension & Post-Retirement Benefits	-	0.01	0.01	0	0
Long-Term Deferred Tax Liabilities	2.12	-	-	2.79	2.42
Other Long-Term Liabilities	12.06	1.54	1.49	1.16	0.78
Total Liabilities	131.17	128.63	140.01	139.54	126.44
Common Stock	26.76	26.02	26.02	26.02	26.02
Additional Paid-In Capital	31.41	31.41	31.41	31.41	31.41
Retained Earnings	6.18	9.41	8.95	4.68	8.84
Comprehensive Income & Other	9.26	6.98	6.61	8.44	7.63
Total Common Equity	73.62	73.82	73	70.55	73.91
Minority Interest	0.75	1.94	1.51	2.66	2.11
Shareholders' Equity	74.37	75.76	74.51	73.21	76.02
Total Liabilities & Equity	205.54	204.39	214.52	212.76	202.46
Total Debt	100.47	105.49	114.04	122.22	111.72
Net Cash (Debt)	-92.99	-100.46	-103.46	-105.21	-87.37
Net Cash Per Share	-17.38	-19.30	-19.88	-20.22	-16.79
Filing Date Shares Outstanding	5.35	5.2	5.2	5.2	5.2
Total Common Shares Outstanding	5.35	5.2	5.2	5.2	5.2
Working Capital	-19.54	-30.48	-25.24	-7.82	10.62
Book Value Per Share	13.76	14.19	14.03	13.56	14.20
Tangible Book Value	29.51	26.83	26.57	26.23	31.79
Tangible Book Value Per Share	5.51	5.16	5.11	5.04	6.11
Land	102.49	92.26	83.7	72.91	72.72
Machinery	86.32	78.8	70.94	61.39	61.13
Construction In Progress	20.08	30.36	39.58	50.73	32.82

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