Talgo Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

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	120.16	226.11	93.29	155.76	239.39	252.98
Short-Term Investments	0.23	0.18	0.11	-	-	-
Cash & Short-Term Investments	120.39	226.29	93.4	155.76	239.39	252.98
Cash Growth	-46.80%	142.28%	-40.03%	-34.93%	-5.37%	6.10%
Accounts Receivable	780.57	725.81	620.77	450.22	398.08	346
Other Receivables	17.68	12.83	10.69	20.36	18.06	17.87
Total Trade Receivables	798.25	738.64	631.45	470.58	416.14	363.87
Inventory	237.94	213.96	219.98	191.67	189.52	133.22
Other Current Assets	27.9	19.1	20.71	21.31	23.76	18.44
Total Current Assets	1,184	1,198	965.55	839.66	868.88	768.63
Net Property, Plant & Equipment	55.45	56.48	56.39	53.9	57.1	61.13
Other Intangible Assets	118.51	125.27	113.07	84.86	72.3	60.84
Goodwill	112.44	112.44	112.44	112.44	112.44	112.44
Long-Term Investments	1.76	1.75	1.76	0.95	0.98	0.2
Other Long-Term Assets	18.55	19.96	22.77	23.97	23.07	27.13
Total Assets	1,490	1,513	1,271	1,116	1,135	1,031
Accounts Payable	224.21	261.65	248.12	244.65	254.12	184.22
Accrued Expenses	4.87	4.31	30.93	37.9	21.15	175.09
Short-Term Debt	20.74	15.07	17.77	15.18	12	5.33
Current Portion of Long-Term Debt	220.48	424.44	139.37	101.01	99.09	36.02
Other Current Liabilities	228.63	106.44	77.14	16.49	136.88	0.43
Total Current Liabilities	698.93	811.91	513.34	415.23	523.25	401.09
Long-Term Debt	310.85	186.26	350.45	292.21	232.34	248.08
Other Long-Term Liabilities	220.58	217.26	228.18	120.05	94.11	91.42
Total Long-Term Liabilities	531.43	403.52	578.62	412.25	326.45	339.5
Total Liabilities	1,230	1,215	1,092	827.48	849.69	740.59
Common Stock	-	-	37.28	38.04	37.16	37.16
Treasury Stock	-3.26	-3.26	-4.9	-13.92	-4.81	-3.25
Additional Paid-in Capital	42.68	42.68	0.87	0.87	0.87	0.87
Accumulated Other Comprehensive Income	4.16	5.63	3.96	5.98	8.81	5.5
Retained Earnings	9.92	35.22	135.38	250.02	243.56	249.48
Total Common Shareholders' Equity	194.81	220.52	168.63	275.01	276.77	284.25
Minority Interest	4.86	6.1	8.53	10.29	3.9	3.89
Shareholders' Equity	201.75	229.43	179.14	288.29	285.08	290.9
Total Liabilities & Equity	1,490	1,513	1,271	1,116	1,135	1,031
Total Debt	552.07	625.76	507.59	408.39	343.43	289.44
Net Cash (Debt)	-431.68	-399.47	-414.19	-252.63	-104.05	-36.46
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-3.31	-3.11	-3.37	-2.03	-0.85	-0.30
Book Value	194.81	220.52	168.63	275.01	276.77	284.25
Book Value Per Share	1.50	1.72	1.37	2.21	2.27	2.31
Tangible Book Value	-36.14	-17.19	-56.88	77.71	92.04	110.98
Tangible Book Value Per Share	-0.28	-0.13	-0.46	0.62	0.75	0.90