SOL S.p.A. 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	340.63	231.59	205.63	134.64	139.64
Cash & Short-Term Investments	340.63	231.59	205.63	134.64	139.64
Cash Growth	47.08%	12.63%	52.72%	-3.58%	-48.12%
Accounts Receivable	560.35	491.44	448.45	431.05	340.02
Other Receivables	53.69	55.52	52.18	53.22	26.41
Receivables	614.04	546.95	500.63	484.28	366.44
Inventory	113.94	112	100.8	84.14	67.3
Prepaid Expenses	15.45	13.21	12.77	11.56	10.18
Other Current Assets	17.37	14.48	14.52	12.79	8.28
Total Current Assets	1,101	918.23	834.35	727.4	591.84
Property, Plant & Equipment	930.8	846.75	754.57	694.16	615.33
Long-Term Investments	38.02	28.09	40.18	13.77	13.78
Goodwill	266.81	264.4	245.63	216.81	170.31
Other Intangible Assets	45.94	46.72	38.7	23.54	20.23
Long-Term Deferred Tax Assets	17.64	18.15	19.21	18.56	21.03
Long-Term Deferred Charges	8.75	3.47	3.31	3.01	2.52
Other Long-Term Assets	13.41	13.14	4.72	21.33	9.41
Total Assets	2,423	2,139	1,941	1,719	1,444
Accounts Payable	202.68	193.54	168.37	175.11	150.29
Accrued Expenses	77.04	68.87	62.77	57.18	44.5
Short-Term Debt	3.66	4.2	3.19	6.86	1.64
Current Portion of Long-Term Debt	85.98	73.11	68.53	66.39	66.11
Current Income Taxes Payable	18.97	18.34	21.07	15.4	7.19
Current Unearned Revenue	29.46	32.03	29.82	28.23	24.48
Other Current Liabilities	35.31	30.48	25.71	21.67	21.19
Total Current Liabilities	453.09	420.56	379.46	370.84	315.4
Long-Term Debt	643.65	509.98	474.72	387.25	342.51
Long-Term Leases	67.22	59.94	53.67	47.73	34.57
Long-Term Deferred Tax Liabilities	15.24	14.38	15.1	12.16	7.36
Other Long-Term Liabilities	54.72	55.23	42.59	37.96	23.16
Total Liabilities	1,234	1,060	965.54	855.95	723
Common Stock	47.16	47.16	47.16	47.16	47.16
Additional Paid-In Capital	63.34	63.34	63.34	63.34	63.34
Retained Earnings	178.44	159.48	157.51	144.86	100.85
Comprehensive Income & Other	847.96	757.59	660.6	565.26	486.91
Total Common Equity	1,137	1,028	928.61	820.62	698.26
Minority Interest	51.95	51.29	46.52	42.02	23.19
Shareholders' Equity	1,189	1,079	975.13	862.63	721.45
Total Liabilities & Equity	2,423	2,139	1,941	1,719	1,444
Total Debt	800.51	647.23	600.11	508.24	444.84
Net Cash (Debt)	-459.88	-415.64	-394.48	-373.6	-305.2
Net Cash Growth	-	-	-	-	-
Net Cash Per Share	-5.07	-4.58	-4.35	-4.12	-3.36
Filing Date Shares Outstanding	90.7	90.7	90.7	90.7	90.7
Total Common Shares Outstanding	90.7	90.7	90.7	90.7	90.7
Working Capital	648.33	497.67	454.89	356.56	276.44
Book Value Per Share	12.53	11.33	10.24	9.05	7.70
Tangible Book Value	824.15	716.45	644.28	580.26	507.72
Tangible Book Value Per Share	9.09	7.90	7.10	6.40	5.60
Land	43.01	33.92	37.89	26.05	25.83
Buildings	211.69	195.05	184.41	171.54	151.91
Machinery	1,949	1,866	1,772	1,671	1,536
Construction In Progress	134.03	109.62	53.62	26.27	32.13