Llorente & Cuenca Balance Sheet

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	8.68	9.13	10.68	12.2	16.42	9.9
Cash & Short-Term Investments	8.68	9.13	10.68	12.2	16.42	9.9
Cash Growth	8.18%	-14.51%	-12.47%	-25.73%	65.79%	18.01%
Accounts Receivable	34.97	43.04	22.89	18.34	18.61	10.93
Other Receivables	3.89	3.1	1.21	2	1.66	1.15
Receivables	38.85	46.14	24.1	20.33	20.28	12.08
Prepaid Expenses	1.79	1.23	1.59	0.8	1.04	0.66
Other Current Assets	1.21	3.2	1.87	3.32	1.76	0.67
Total Current Assets	50.53	59.69	38.23	36.65	39.5	23.32
Property, Plant & Equipment	11.62	10.63	9.67	10.12	11.02	8.97
Long-Term Investments	0.2	0.22	0.22	0.06	0.19	0.19
Goodwill	50.01	49.76	31.48	21.43	22.08	6.6
Other Intangible Assets	12.05	11.78	4.73	1.9	0.6	0.36
Long-Term Deferred Tax Assets	2.72	2.56	2.32	1.35	1.19	0.51
Other Long-Term Assets	1.58	0.99	0.83	0.8	1.03	0.75
Total Assets	132.96	141.96	88.01	72.65	75.9	41.23
Accounts Payable	20.29	21.63	7.29	6.64	8.24	3.71
Accrued Expenses	9.39	9.9	8.33	8.5	7.22	3.44
Current Portion of Long-Term Debt	13.44	10.42	3.19	3.23	3	0.2
Current Portion of Leases	1.33	2.15	0.8	1.55	1.61	1.69
Current Income Taxes Payable	0.95	0.55	1.22	1.28	1.6	0.73
Current Unearned Revenue	1.45	2.16	1.54	1.24	1.74	0.77
Other Current Liabilities	4.27	5.03	2.29	1.64	7.75	0.51
Total Current Liabilities	51.1	51.85	24.66	24.08	31.16	11.06
Long-Term Debt	30.67	31.31	8.24	5.72	7.52	0.69
Long-Term Leases	7.64	5.78	6.19	5.87	6.45	4.56
Long-Term Deferred Tax Liabilities	2.1	1.72	0.52	0.01	0.01	0.04
Other Long-Term Liabilities	12.67	23.28	8.22	1.65	1.39	0.5
Total Liabilities	104.18	113.94	47.82	37.34	46.53	16.85
Common Stock	0.12	0.12	0.12	0.12	0.12	0
Additional Paid-In Capital	9.3	11.27	13.21	14.71	14.71	4.72
Retained Earnings	5.86	8.95	8.34	6.96	5.33	2.27
Treasury Stock	-0.9	-0.82	-1.24	-1.1	-1.1	-1.46
Comprehensive Income & Other	13.55	7.69	17.94	13.51	9.14	15.41
Total Common Equity	27.93	27.2	38.38	34.2	28.19	20.94
Minority Interest	0.85	0.81	1.81	1.12	1.17	3.44
Shareholders' Equity	28.78	28.02	40.19	35.31	29.36	24.38
Total Liabilities & Equity	132.96	141.96	88.01	72.65	75.9	41.23
Total Debt	53.08	49.66	18.41	16.37	18.59	7.14
Net Cash (Debt)	-44.4	-40.53	-7.74	-4.18	-2.17	2.76
Net Cash Growth	-	-	-	-	-	45.08%
Net Cash Per Share	-3.96	-3.57	-0.67	-0.36	-0.19	7.66
Filing Date Shares Outstanding	11.45	11.44	11.29	11.63	11.63	0.38
Total Common Shares Outstanding	11.45	11.44	11.29	11.63	11.63	0.38
Working Capital	-0.57	7.84	13.57	12.57	8.34	12.26
Book Value Per Share	2.44	2.38	3.40	2.94	2.42	55.75
Tangible Book Value	-34.13	-34.33	2.17	10.87	5.51	13.98
Tangible Book Value Per Share	-2.98	-3.00	0.19	0.93	0.47	37.22
Buildings	17.1	14.92	13.98	13.42	12.44	8.83
Machinery	7.04	7.29	11.12	7.07	6.27	5.07
Construction In Progress	-	-	-	-	0.02	0.04

Source: S&P Global Market Intelligence. Standard template. Financial Sources.