Italian Exhibition Group 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	47.64	61.59	65.89	50.59	52.65
Cash & Short-Term Investments	47.64	61.59	65.89	50.59	52.65
Cash Growth	-22.65%	-6.52%	30.24%	-3.92%	87.32%
Accounts Receivable	44.75	36.84	31	30.04	23.13
Other Receivables	9.74	4.87	3.85	4.46	4.17
Receivables	54.49	41.72	34.85	34.5	27.3
Inventory	1.01	0.92	0.85	0.85	0.73
Other Current Assets	9.46	6.82	5.41	3.25	2.3
Total Current Assets	112.6	111.04	106.99	89.2	82.98
Property, Plant & Equipment	231.66	214.16	196.67	191.32	191.16
Long-Term Investments	25	18.99	16	18.25	14.28
Goodwill	44.33	32.44	28.36	24.86	22.11
Other Intangible Assets	20.01	17.72	14.64	13.49	12.41
Long-Term Deferred Tax Assets	1.39	1.08	1.37	4.89	6.74
Other Long-Term Assets	2.84	1.97	2.99	3.26	0.63
Total Assets	437.83	397.39	367.02	345.25	330.31
Accounts Payable	58.09	52.57	43.32	42.81	33.83
Accrued Expenses	8.63	6.15	4.18	3.96	5.47
Short-Term Debt	0.09	0.08	0.08	0.73	2.98
Current Portion of Long-Term Debt	19.42	18.34	20.61	23.26	24.06
Current Portion of Leases	3.96	5.74	4.15	4.78	3.35
Current Income Taxes Payable	4.01	1.26	3.78	0.44	0.02
Current Unearned Revenue	55.94	55.45	48.44	41.06	25.76
Other Current Liabilities	12.31	11.03	9.11	7.22	5.04
Total Current Liabilities	162.46	150.62	133.67	124.26	100.5
Long-Term Debt	79.97	58.74	75.45	90.22	104.8
Long-Term Leases	32.68	39.95	36.28	29.52	24.03
Long-Term Unearned Revenue	1.33	1.47	1.7	1.81	2.02
Other Long-Term Liabilities	6.59	6.88	13.03	5.13	5.58
Total Liabilities	283.03	257.66	260.14	250.94	236.93
Common Stock	52.22	52.22	51.83	52.11	52.22
Additional Paid-In Capital	13.5	13.49	13.76	13.93	13.95
Retained Earnings	73.65	51.17	23.55	12.77	12.06
Comprehensive Income & Other	10.15	20.19	16.97	17.45	16.32
Total Common Equity	149.52	137.06	106.1	96.25	94.55
Minority Interest	5.28	2.67	0.78	-1.94	-1.17
Shareholders' Equity	154.8	139.73	106.89	94.32	93.38
Total Liabilities & Equity	437.83	397.39	367.02	345.25	330.31
Total Debt	136.12	122.84	136.58	148.51	159.21
Net Cash (Debt)	-88.48	-61.25	-70.69	-97.92	-106.56
Net Cash Per Share	-2.90	-2.00	-2.30	-3.17	-3.45
Filing Date Shares Outstanding	30.55	30.55	30.64	30.8	30.86
Total Common Shares Outstanding	30.55	30.55	30.64	30.8	30.86
Working Capital	-49.86	-39.58	-26.68	-35.06	-17.52
Book Value Per Share	4.89	4.49	3.46	3.13	3.06
Tangible Book Value	85.18	86.91	63.1	57.91	60.03
Tangible Book Value Per Share	2.79	2.85	2.06	1.88	1.95
Land	274.79	265.73	268	265.02	305.97
Machinery	130.8	126.42	118.16	115.47	113.49
Construction In Progress	30.31	8.88	1.98	0.49	3.93

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