Arnoldo Mondadori Editore Balance Sheet

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	32.5	56.66	111.29	49.72	34.94	90.71
Short-Term Investments	-	-	-	-	0.01	0.01
Trading Asset Securities	0.45	0.77	-	-	-	-
Cash & Short-Term Investments	32.96	57.43	111.29	49.72	34.95	90.72
Cash Growth	60.47%	-48.40%	123.81%	42.26%	-61.47%	-20.12%
Accounts Receivable	196.92	165.14	175.14	164.44	161.23	164.97
Other Receivables	100.53	87.88	83.47	84.45	74.64	79.47
Receivables	297.44	253.02	258.61	248.89	235.87	244.44
Inventory	184.39	152.29	156.65	149.94	151.35	120.63
Prepaid Expenses	12.81	7.54	6.97	7.4	7.23	-
Other Current Assets	0	-	0	1.69	1.16	29.56
Total Current Assets	527.6	470.26	533.51	457.63	430.56	485.36
Property, Plant & Equipment	129.29	133	120.56	103.49	92.59	95.32
Long-Term Investments	18.32	17.07	15.36	13.6	29.75	18.73
Goodwill	223.78	178.07	175.41	163.4	157.45	153.02
Other Intangible Assets	188.13	200.96	204.99	202.67	195.4	180.44
Long-Term Deferred Tax Assets	55.85	55.37	59.85	65.79	67.88	71.48
Long-Term Deferred Charges	25.87	20.31	19.54	19.05	19.45	18.39
Other Long-Term Assets	4.28	4.33	7.82	10.41	13.58	0.69
Total Assets	1,173	1,079	1,137	1,036	1,007	1,023

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Accounts Payable	249.96	264.26	273.14	257.07	252.69	217.8
Accrued Expenses	35.19	37.28	40.99	40.62	42.08	44.46
Short-Term Debt	0.14	0.28	0.33	0.47	0.17	0.2
Current Portion of Long-Term Debt	205.82	51.1	63.93	50.53	36.55	69.31
Current Portion of Leases	16.59	15.8	13.61	13.21	13.17	12.94
Current Income Taxes Payable	1.33	12.31	13.97	12.97	10.67	17.43
Other Current Liabilities	112.02	103.8	103.87	105.03	100.63	131.67
Total Current Liabilities	621.04	484.82	509.82	479.9	455.95	493.8
Long-Term Debt	92.72	94.75	144.27	95.64	119.25	122.95
Long-Term Leases	68.27	73.01	67.56	59.28	58.1	71.34
Pension & Post-Retirement Benefits	0.02	0.02	0.02	-	28.35	32.8
Long-Term Deferred Tax Liabilities	37.44	39.26	40	42.37	42.26	35.87
Other Long-Term Liabilities	57.14	54.01	58.29	70.03	41.92	47.08
Total Liabilities	876.63	745.86	819.97	747.21	745.82	803.85

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Common Stock	67.98	67.98	67.98	67.98	67.98	67.98
Retained Earnings	1.43	54.03	60.21	62.41	52.07	44.21
Treasury Stock	-1.26	-1.53	-1.54	-2.37	-2.02	-1.8
Comprehensive Income & Other	223.96	210.77	189.42	160.06	141.54	109.19
Total Common Equity	292.11	331.25	316.07	288.08	259.56	219.57
Minority Interest	4.36	2.26	1.02	0.76	1.26	0.01
Shareholders' Equity	296.47	333.51	317.08	288.84	260.83	219.58
Total Liabilities & Equity	1,173	1,079	1,137	1,036	1,007	1,023

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Total Debt	383.55	234.93	289.69	219.12	227.23	276.74
Net Cash (Debt)	-350.59	-177.51	-178.41	-169.4	-192.28	-186.02
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.34	-0.68	-0.68	-0.65	-0.74	-0.71
Filing Date Shares Outstanding	261.71	260	260.19	260.18	260.31	260.41
Total Common Shares Outstanding	261.71	260.7	260.66	260.18	260.31	260.41
Working Capital	-93.44	-14.55	23.69	-22.26	-25.39	-8.44
Book Value Per Share	1.12	1.27	1.21	1.11	1.00	0.84
Tangible Book Value	-119.79	-47.78	-64.34	-77.98	-93.29	-113.89
Tangible Book Value Per Share	-0.46	-0.18	-0.25	-0.30	-0.36	-0.44
Buildings	3.7	-	-	-	-	0.12
Machinery	42.67	41.58	39.02	33.2	22.43	21.36