Ratti 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	10.54	14.31	17.94	35.41	42.8
Cash & Short-Term Investments	10.54	14.31	17.94	35.41	42.8
Cash Growth	-26.37%	-20.22%	-49.35%	-17.26%	-22.31%
Accounts Receivable	11.14	12.9	14.8	18.41	18.88
Other Receivables	0.1	0.4	0.66	0.54	0.21
Total Trade Receivables	11.24	13.3	15.46	18.95	19.09
Inventory	26.53	31.76	33.09	32.97	23.54
Total Current Assets	48.37	59.55	66.92	88.11	85.49
Net Property, Plant & Equipment	34.14	37.03	39.82	41.43	41.22
Other Intangible Assets	9.31	9.92	6.96	5.3	4.03
Long-Term Investments	1.5	1.85	1.64	2.03	1.34
Other Long-Term Assets	4.89	4.56	4.83	4.24	4.02
Total Assets	98.14	112.72	119.74	140.32	136.03
Accounts Payable	23.62	24.9	27	29.68	24.26
Other Current Liabilities	0.01	0.1	0.05	0	0.04
Total Current Liabilities	35.33	34.39	37.11	49.79	36.87
Long-Term Debt	20.32	25.51	29.24	41.73	43.3
Other Long-Term Liabilities	4.45	4.17	4.89	5.46	5.7
Total Long-Term Liabilities	13.07	20.29	24.07	27.08	36.43
Total Liabilities	48.4	54.68	61.18	76.87	73.3
Common Stock	11.12	11.12	11.12	11.12	11.12
Accumulated Other Comprehensive Income	20.58	20.54	20.66	20.8	19.77
Retained Earnings	17.93	26.28	26.69	31.42	31.68
Total Common Shareholders' Equity	49.63	57.94	58.47	63.33	62.57
Minority Interest	0.12	0.11	0.09	0.13	0.16
Shareholders' Equity	49.74	58.05	58.56	63.46	62.73
Total Liabilities & Equity	98.14	112.72	119.74	140.32	136.03
Total Debt	20.32	25.51	29.24	41.73	43.3
Net Cash (Debt)	-9.79	-11.2	-11.31	-6.32	-0.5
Net Cash Growth	-	-	-	-	-
Net Cash Per Share	-0.36	-0.41	-0.41	-0.23	-0.02
Book Value	49.63	57.94	58.47	63.33	62.57
Book Value Per Share	1.81	2.12	2.14	2.32	2.29
Tangible Book Value	40.32	48.01	51.51	58.03	58.53
Tangible Book Value Per Share	1.47	1.76	1.88	2.12	2.14