Italian Exhibition Group 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	41.97	61.59	65.89	50.59	52.65	28.11
Cash & Short-Term Investments	41.97	61.59	65.89	50.59	52.65	28.11
Cash Growth	-7.75%	-6.52%	30.24%	-3.92%	87.32%	20.38%
Accounts Receivable	46.61	36.84	31	30.04	23.13	13.55
Other Receivables	16.56	4.87	3.85	4.46	4.17	3.15
Receivables	63.17	41.72	34.85	34.5	27.3	16.7
Inventory	1.04	0.92	0.85	0.85	0.73	0.78
Other Current Assets	-	6.82	5.41	3.25	2.3	1.72
Total Current Assets	106.18	111.04	106.99	89.2	82.98	47.31
Property, Plant & Equipment	219.15	214.16	196.67	191.32	191.16	194.74
Long-Term Investments	22.48	18.99	16	18.25	14.28	14.7
Goodwill	44.57	33.49	28.36	24.86	22.11	21.75
Other Intangible Assets	17.5	14.96	14.64	13.49	12.41	14.16
Long-Term Deferred Tax Assets	1.24	1.85	1.37	4.89	6.74	6.67
Other Long-Term Assets	2.14	1.97	2.99	3.26	0.63	0.59
Total Assets	413.26	396.45	367.02	345.25	330.31	299.92
Accounts Payable	43.52	52.57	43.32	42.81	33.83	23.45
Accrued Expenses	-	6.15	4.18	3.96	5.47	4.14
Short-Term Debt	-	0.08	0.08	0.73	2.98	4.89
Current Portion of Long-Term Debt	21.24	18.34	20.61	23.26	24.06	26.55
Current Portion of Leases	5.04	5.74	4.15	4.78	3.35	3.36
Current Income Taxes Payable	4.25	1.26	3.78	0.44	0.02	0.02
Current Unearned Revenue	-	55.45	48.44	41.06	25.76	4.48
Other Current Liabilities	69.83	11.03	9.11	7.22	5.04	8.21
Total Current Liabilities	143.87	150.62	133.67	124.26	100.5	75.09
Long-Term Debt	85.01	58.74	75.45	90.22	104.8	101.78
Long-Term Leases	38.12	39.95	36.28	29.52	24.03	21.97
Long-Term Unearned Revenue	1.45	1.47	1.7	1.81	2.02	2.11
Other Long-Term Liabilities	6.88	6.89	13.03	5.13	5.58	5.92
Total Liabilities	275.33	257.66	260.14	250.94	236.93	206.87
Common Stock	52.22	52.22	51.83	52.11	52.22	52.22
Additional Paid-In Capital	13.5	13.49	13.76	13.93	13.95	13.95
Retained Earnings	59.83	51.2	23.55	12.77	12.06	10.43
Comprehensive Income & Other	7.55	20.19	16.97	17.45	16.32	15.71
Total Common Equity	133.09	137.1	106.1	96.25	94.55	92.3
Minority Interest	4.83	1.7	0.78	-1.94	-1.17	0.75
Shareholders' Equity	137.92	138.79	106.89	94.32	93.38	93.05
Total Liabilities & Equity	413.26	396.45	367.02	345.25	330.31	299.92
Total Debt	149.41	122.84	136.58	148.51	159.21	158.56
Net Cash (Debt)	-107.43	-61.25	-70.69	-97.92	-106.56	-130.45
Net Cash Per Share	-3.52	-2.00	-2.30	-3.17	-3.45	-4.23
Filing Date Shares Outstanding	30.55	30.55	30.64	30.8	30.86	30.86
Total Common Shares Outstanding	30.55	30.55	30.64	30.8	30.86	30.86
Working Capital	-37.69	-39.58	-26.68	-35.06	-17.52	-27.78
Book Value Per Share	4.36	4.49	3.46	3.13	3.06	2.99
Tangible Book Value	71.03	88.65	63.1	57.91	60.03	56.39
Tangible Book Value Per Share	2.33	2.90	2.06	1.88	1.95	1.83
Land	-	265.73	268	265.02	305.97	299.95
Machinery	-	126.42	118.16	115.47	113.49	112.53
Construction In Progress	-	8.88	1.98	0.49	3.93	3.73

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