BME:GAM 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	33.45	30.38	39.08	57.54	13.88
Cash & Short-Term Investments	33.45	30.38	39.08	57.54	13.88
Cash Growth	10.13%	-22.28%	-32.08%	314.56%	-33.82%
Accounts Receivable	82.62	75.18	73.01	53.15	46.47
Other Receivables	5.61	6.85	3.21	5.74	4.03
Receivables	88.23	82.03	76.22	58.89	50.51
Inventory	28.27	30.65	26.11	32.55	18.38
Other Current Assets	1.92	1.72	3	0.93	1.68
Total Current Assets	151.87	144.77	144.42	149.91	84.45
Property, Plant & Equipment	357.88	353.22	335.54	255.76	218.44
Long-Term Investments	-	-	-	1.1	1.37
Goodwill	29.37	29.37	28.53	25.36	20.48
Other Intangible Assets	5.15	5.6	6.17	5.71	5.05
Long-Term Deferred Tax Assets	12.43	13.04	8.34	5.83	4.36
Other Long-Term Assets	6.05	5.23	14.24	3.41	2.61
Total Assets	562.74	551.23	537.22	449.52	339.21
Accounts Payable	42.34	42.5	49.38	31.91	31.42
Current Portion of Long-Term Debt	73.14	79.52	47.71	55.62	48.72
Current Portion of Leases	32.95	29.82	34.71	23.39	18.5
Current Income Taxes Payable	-	0.76	0.41	-	0.32
Current Unearned Revenue	7.53	7.92	6.54	5.05	2.51
Other Current Liabilities	25.76	24.35	20.95	18.86	10.7
Total Current Liabilities	181.71	184.87	159.69	134.83	112.15
Long-Term Debt	178.97	159.73	176.93	144.99	74.57
Long-Term Leases	68.6	78.27	77.6	59.64	60.03
Long-Term Unearned Revenue	16.5	17.49	14.89	11.01	5.91
Long-Term Deferred Tax Liabilities	0.35	0.45	0.25	0.27	0.98
Other Long-Term Liabilities	5.12	3.22	3.84	1.24	0.64
Total Liabilities	451.25	444.02	433.2	351.98	254.29
Common Stock	94.61	94.61	94.61	94.61	94.61
Additional Paid-In Capital	58.48	58.48	58.48	58.48	58.48
Retained Earnings	-42.41	-49.28	-53.69	-62.74	-70.65
Treasury Stock	-1.13	-0.63	-0.48	-0.05	-
Comprehensive Income & Other	0.74	1.99	3.03	3.21	2.07
Total Common Equity	110.29	105.17	101.95	93.51	84.5
Minority Interest	1.2	2.04	2.08	4.04	0.42
Shareholders' Equity	111.49	107.2	104.03	97.55	84.92
Total Liabilities & Equity	562.74	551.23	537.22	449.52	339.21
Total Debt	353.66	347.34	336.95	283.63	201.81
Net Cash (Debt)	-320.2	-316.96	-297.86	-226.09	-187.93
Net Cash Per Share	-3.38	-3.35	-3.15	-2.39	-1.99
Filing Date Shares Outstanding	93.78	94.51	94.25	94.56	94.61
Total Common Shares Outstanding	93.78	94.51	94.25	94.56	94.61
Working Capital	-29.85	-40.1	-15.27	15.08	-27.7
Book Value Per Share	1.18	1.11	1.08	0.99	0.89
Tangible Book Value	75.78	70.2	67.26	62.43	58.98
Tangible Book Value Per Share	0.81	0.74	0.71	0.66	0.62
Land	16.12	17.5	11.59	10.87	14.59
Machinery	393.58	378.21	379.23	324.16	297.43

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