Arnoldo Mondadori Editore 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	56.66	111.29	49.72	34.94	90.71
Short-Term Investments	-	-	-	0.01	0.01
Trading Asset Securities	0.77	-	-	-	-
Cash & Short-Term Investments	57.43	111.29	49.72	34.95	90.72
Cash Growth	-48.40%	123.81%	42.26%	-61.47%	-20.12%
Accounts Receivable	165.14	175.14	164.44	161.23	164.97
Other Receivables	87.88	83.47	84.45	74.64	79.47
Receivables	253.02	258.61	248.89	235.87	244.44
Inventory	152.29	156.65	149.94	151.35	120.63
Prepaid Expenses	7.54	6.97	7.4	7.23	-
Other Current Assets	-0	0	1.69	1.16	29.56
Total Current Assets	470.26	533.51	457.63	430.56	485.36
Property, Plant & Equipment	133	120.56	103.49	92.59	95.32
Long-Term Investments	16.93	15.36	13.6	29.75	18.73
Goodwill	178.07	175.41	163.4	157.45	153.02
Other Intangible Assets	200.96	204.99	202.67	195.4	180.44
Long-Term Deferred Tax Assets	55.37	59.85	65.79	67.88	71.48
Long-Term Deferred Charges	20.31	19.54	19.05	19.45	18.39
Other Long-Term Assets	4.47	7.82	10.41	13.58	0.69
Total Assets	1,079	1,137	1,036	1,007	1,023
Accounts Payable	264.26	273.14	257.07	252.69	217.8
Accrued Expenses	37.28	40.99	40.62	42.08	44.46
Short-Term Debt	0.28	0.33	0.47	0.17	0.2
Current Portion of Long-Term Debt	51.1	63.93	50.53	36.55	69.31
Current Portion of Leases	15.8	13.61	13.21	13.17	12.94
Current Income Taxes Payable	12.31	13.97	12.97	10.67	17.43
Other Current Liabilities	103.8	103.87	105.03	100.63	131.67
Total Current Liabilities	484.82	509.82	479.9	455.95	493.8
Long-Term Debt	94.75	144.27	95.64	119.25	122.95
Long-Term Leases	73.01	67.56	59.28	58.1	71.34
Pension & Post-Retirement Benefits	0.02	0.02	-	28.35	32.8
Long-Term Deferred Tax Liabilities	39.26	40	42.37	42.26	35.87
Other Long-Term Liabilities	54.01	58.29	70.03	41.92	47.08
Total Liabilities	745.86	819.97	747.21	745.82	803.85
Common Stock	67.98	67.98	67.98	67.98	67.98
Retained Earnings	54.03	60.21	62.41	52.07	44.21
Treasury Stock	-1.53	-1.54	-2.37	-2.02	-1.8
Comprehensive Income & Other	210.77	189.42	160.06	141.54	109.19
Total Common Equity	331.25	316.07	288.08	259.56	219.57
Minority Interest	2.26	1.02	0.76	1.26	0.01
Shareholders' Equity	333.51	317.08	288.84	260.83	219.58
Total Liabilities & Equity	1,079	1,137	1,036	1,007	1,023
Total Debt	234.93	289.69	219.12	227.23	276.74
Net Cash (Debt)	-177.51	-178.41	-169.4	-192.28	-186.02
Net Cash Per Share	-0.68	-0.68	-0.65	-0.74	-0.71
Filing Date Shares Outstanding	260	260.19	260.18	260.31	260.41
Total Common Shares Outstanding	260.7	260.66	260.18	260.31	260.41
Working Capital	-14.55	23.69	-22.26	-25.39	-8.44
Book Value Per Share	1.27	1.21	1.11	1.00	0.84
Tangible Book Value	-47.78	-64.34	-77.98	-93.29	-113.89
Tangible Book Value Per Share	-0.18	-0.25	-0.30	-0.36	-0.44
Buildings	-	-	-	-	0.12
Machinery	41.58	39.02	33.2	22.43	21.36

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