Tubos Reunidos 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	31.86	46.37	92.57	95.11	77.61
Short-Term Investments	3.2	5.35	3.23	2.46	0.22
Cash & Short-Term Investments	35.05	51.72	95.8	97.57	77.83
Cash Growth	-32.23%	-46.02%	-1.81%	25.36%	264.72%
Accounts Receivable	19.5	14.03	16.77	22.28	10.95
Other Receivables	0.03	0.21	0.02	0.03	0.21
Receivables	19.53	14.24	16.78	22.32	11.15
Inventory	71.17	115.45	107.82	129.46	101.38
Other Current Assets	4.47	6.44	5.19	13.71	5.81
Total Current Assets	130.22	187.84	225.6	263.06	196.17
Property, Plant & Equipment	192.4	246.68	263.36	254.3	252.59
Long-Term Investments	2.98	0.42	0.43	0.41	0.48
Other Intangible Assets	3.4	1.89	0.83	0.77	1
Long-Term Deferred Tax Assets	11.37	21.04	32.98	21.89	15.75
Long-Term Deferred Charges	-	1.38	1.18	0.85	0.94
Other Long-Term Assets	1.12	2.31	5.6	2.37	1.35
Total Assets	341.49	461.56	529.96	543.65	468.27
Accounts Payable	-	92.47	68.21	111.47	103.44
Accrued Expenses	6.98	11.07	23.57	28.47	23.97
Short-Term Debt	-	1.27	0.75	0.74	0.23
Current Portion of Long-Term Debt	23.83	34.46	15.25	28.26	16.61
Current Portion of Leases	-	0.99	0.87	0.69	0.78
Other Current Liabilities	94.99	16.31	22.53	30.56	25.8
Total Current Liabilities	125.8	156.56	131.18	200.2	170.83
Long-Term Debt	274.41	252.27	364.55	363.92	363.78
Long-Term Leases	-	5.74	5.41	4.93	4.38
Long-Term Unearned Revenue	1.78	0.91	0.11	0.12	0.32
Long-Term Deferred Tax Liabilities	11.5	11.22	15.24	16.02	15.16
Other Long-Term Liabilities	14.03	6.78	9.13	8.39	8.69
Total Liabilities	427.52	433.48	525.61	593.57	563.16
Common Stock	3.49	3.49	3.49	3.49	3.49
Additional Paid-In Capital	0.39	0.39	0.39	0.39	0.39
Retained Earnings	-86.85	31.25	2.62	-53.69	-97.19
Treasury Stock	-1.04	-1	-0.91	-1.03	-1.02
Comprehensive Income & Other	-2.03	-6.19	-1.98	0.42	-1.1
Total Common Equity	-86.03	27.95	3.61	-50.43	-95.43
Minority Interest	-	0.14	0.74	0.5	0.54
Shareholders' Equity	-86.03	28.09	4.35	-49.93	-94.89
Total Liabilities & Equity	341.49	461.56	529.96	543.65	468.27
Total Debt	298.24	294.72	386.83	398.54	385.78
Net Cash (Debt)	-263.19	-243	-291.03	-300.97	-307.95
Net Cash Per Share	-1.51	-1.40	-1.67	-1.73	-1.77
Filing Date Shares Outstanding	174.11	174.01	174.16	173.95	174.01
Total Common Shares Outstanding	174.11	174.01	174.16	173.95	174.01
Working Capital	4.42	31.28	94.42	62.86	25.34
Book Value Per Share	-0.49	0.16	0.02	-0.29	-0.55
Tangible Book Value	-89.43	26.06	2.79	-51.2	-96.42
Tangible Book Value Per Share	-0.51	0.15	0.02	-0.29	-0.55
Land	-	154.27	178.78	172.32	166.7
Machinery	-	593.99	627.54	614.15	604.24

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.