Masi Agricola 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	17.98	14.75	23.68	28.24	27.5
Short-Term Investments	-	1.08	-	-	-
Cash & Short-Term Investments	17.98	15.83	23.68	28.24	27.5
Cash Growth	13.57%	-33.14%	-16.16%	2.72%	34.03%
Accounts Receivable	9.98	11.99	9.44	13.7	15.42
Other Receivables	1.18	1.58	1.1	1.95	2.29
Receivables	11.16	13.57	10.54	15.65	17.71
Inventory	26.09	26.85	28.29	35.52	31.51
Prepaid Expenses	0.93	1.28	1.13	0.75	0.67
Other Current Assets	0.32	0.39	0.94	1.32	1.11
Total Current Assets	56.48	57.92	64.58	81.48	78.5
Property, Plant & Equipment	101.83	99.17	90.63	86.96	81.71
Long-Term Investments	0.35	0.07	5.95	8.1	6.1
Goodwill	14.82	14.82	14.82	14.82	14.82
Other Intangible Assets	0.44	0.55	0.46	0.5	0.61
Long-Term Deferred Tax Assets	0.91	0.86	1.04	1.02	1.01
Other Long-Term Assets	35.61	33.76	31.88	18.74	20.07
Total Assets	210.44	207.15	209.36	211.63	202.83
Accounts Payable	15.8	12.92	13.04	12.68	13.9
Accrued Expenses	1.04	1.25	1.12	0.99	1
Current Portion of Long-Term Debt	2.08	23.92	15.99	7.71	6.17
Current Portion of Leases	1.38	1.13	0.94	1.05	0.94
Current Income Taxes Payable	0.03	0.13	0	0.16	1.3
Current Unearned Revenue	0.37	0.45	0.51	0.55	0.33
Other Current Liabilities	2.19	2.33	3.23	2.62	2.76
Total Current Liabilities	22.89	42.14	34.84	25.76	26.4
Long-Term Debt	44.41	19.12	29.52	36.28	30.01
Long-Term Leases	7.8	7.74	7.65	8.31	8.74
Pension & Post-Retirement Benefits	0.71	0.72	0.79	0.75	0.92
Long-Term Deferred Tax Liabilities	1.11	1.56	1.2	1.65	1.32
Other Long-Term Liabilities	0.13	0.15	0.18	0.05	0.05
Total Liabilities	77.05	71.43	74.19	72.79	67.45
Common Stock	43.08	43.08	43.08	43.08	43.08
Additional Paid-In Capital	21.99	21.99	21.99	21.99	21.99
Retained Earnings	68.42	68.67	68.06	67.03	62.62
Comprehensive Income & Other	-4.89	-2.7	-2.47	2.24	3.27
Total Common Equity	128.61	131.05	130.67	134.35	130.96
Minority Interest	4.79	4.67	4.51	4.49	4.42
Shareholders' Equity	133.39	135.72	135.18	138.84	135.38
Total Liabilities & Equity	210.44	207.15	209.36	211.63	202.83
Total Debt	55.68	51.91	54.11	53.34	45.86
Net Cash (Debt)	-37.7	-36.08	-30.43	-25.09	-18.36
Net Cash Per Share	-1.17	-1.12	-0.95	-0.78	-0.57
Filing Date Shares Outstanding	61.95	26.21	28.03	32.15	32.15
Total Common Shares Outstanding	61.95	26.21	28.03	32.15	32.15
Working Capital	33.59	15.77	29.73	55.73	52.11
Book Value Per Share	2.08	5.00	4.66	4.18	4.07
Tangible Book Value	113.34	115.68	115.38	119.02	115.53
Tangible Book Value Per Share	1.83	4.41	4.12	3.70	3.59
Land	83.28	63.24	61.53	59.69	59.07
Machinery	17.58	17.46	17.35	16.5	27.92
Construction In Progress	10.01	25.46	17.76	14.77	9.26

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