Faes Farma 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	123.69	117.31	64.22	34.65	66.41	70.25
Short-Term Investments	13.1	12.78	7.92	13.1	17.69	0.87
Trading Asset Securities	-	-	-	-	-	2.29
Cash & Short-Term Investments	136.78	130.09	72.14	47.75	84.1	73.41
Cash Growth	22.54%	80.32%	51.08%	-43.22%	14.56%	-21.18%
Accounts Receivable	173.96	148.37	108.71	103.03	101.17	101.49
Other Receivables	19.83	18.23	9.76	9.91	12.43	11
Receivables	193.79	166.6	118.47	112.93	113.59	112.49
Inventory	193.08	185.01	142.52	129.03	115	107.45
Other Current Assets	-	0.7	0.59	0.57	0.52	0.36
Total Current Assets	523.66	482.4	333.73	290.29	313.21	293.71
Property, Plant & Equipment	344.44	351.5	299.83	103.39	108.14	117.78
Long-Term Investments	1.59	1.52	0.18	0.34	5.13	0.99
Goodwill	151.49	258.48	56.51	56.36	51.78	53.33
Other Intangible Assets	361.21	178.35	119	115.83	103.75	109.13
Long-Term Deferred Tax Assets	45.68	44.99	32.53	19.04	22.77	26.47
Long-Term Deferred Charges	9.3	21.05	8.65	12.56	23.16	20.3
Other Long-Term Assets	4.57	3.6	2.66	178.78	99.21	23.4
Total Assets	1,442	1,342	853.08	776.57	727.15	645.11

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	121.85	83.42	46.82	35.44	36.59	37.93
Accrued Expenses	-	37.97	24.51	20.55	18.49	16.16
Short-Term Debt	27.05	12.76	12.76	12.14	11.32	7.44
Current Portion of Long-Term Debt	34.49	34.76	5.1	6.3	15.79	6.18
Current Portion of Leases	4.35	4.97	3.06	2.23	1.77	2.1
Current Income Taxes Payable	3.62	4.23	3.65	3.39	2.31	1.65
Other Current Liabilities	7.46	6.77	7.57	7.25	8.17	7.86
Total Current Liabilities	198.84	184.88	103.46	87.3	94.43	79.31
Long-Term Debt	380.21	376.2	2.63	3.47	3.77	3.5
Long-Term Leases	3.18	4.61	2.75	4.37	4.4	2.15
Long-Term Unearned Revenue	2.09	2.12	1.11	0.24	0.04	0.16
Long-Term Deferred Tax Liabilities	68.91	24.01	15.57	16.92	21.1	21.7
Other Long-Term Liabilities	13.34	4.51	0.95	0.86	1.02	0.96
Total Liabilities	666.57	596.31	126.46	113.16	124.75	107.77

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	31.62	31.62	31.62	31.62	31.08	29.74
Additional Paid-In Capital	1.46	1.46	1.46	1.46	1.46	1.46
Retained Earnings	195.93	728.63	703.55	640.95	577.02	510.36
Treasury Stock	-10.92	-10.92	-10.96	-10.96	-5.26	-5.26
Comprehensive Income & Other	556.36	-5.99	0.2	-0.65	-3.09	-0.48
Total Common Equity	774.45	744.8	725.87	662.42	601.2	535.81
Minority Interest	0.92	0.78	0.75	0.99	1.2	1.54
Shareholders' Equity	775.36	745.59	726.62	663.41	602.4	537.35
Total Liabilities & Equity	1,442	1,342	853.08	776.57	727.15	645.11

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	449.29	433.29	26.29	28.51	37.04	21.36
Net Cash (Debt)	-312.51	-303.2	45.85	19.24	47.06	52.05
Net Cash Growth	-	-	138.27%	-59.11%	-9.58%	-30.81%
Net Cash Per Share	-1.00	-0.97	0.15	0.06	0.15	0.17
Filing Date Shares Outstanding	311.45	311.26	311.25	311.25	306	292.87
Total Common Shares Outstanding	311.45	311.26	311.25	311.25	306	292.87
Working Capital	324.82	297.53	230.27	202.99	218.78	214.4
Book Value Per Share	2.49	2.39	2.33	2.13	1.96	1.83
Tangible Book Value	261.74	307.97	550.36	490.23	445.68	373.35
Tangible Book Value Per Share	0.84	0.99	1.77	1.58	1.46	1.27
Land	160.47	161.05	118.46	49.42	49.31	55.16
Machinery	284.85	279.89	266.56	73.48	133.8	76.69