Tubacex 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	Mar '26 Mar 31, 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	158	144.73	225.27	159.32	164.22	140.49
Short-Term Investments	-	-	-	-	0.65	0.65
Trading Asset Securities	-	13.7	13.88	21.68	11.99	16.99
Cash & Short-Term Investments	158	158.43	239.15	181	176.85	158.13
Cash Growth	-5.45%	-33.75%	32.13%	2.34%	11.84%	-15.08%
Accounts Receivable	80.6	73.82	76.61	74.22	89.24	84.88
Other Receivables	28.2	32.37	31.56	22.89	26.61	-
Receivables	108.8	106.19	108.17	97.11	115.85	84.88
Inventory	412.9	396.12	423.17	411.13	378.33	313.51
Other Current Assets	6.4	3.5	2.73	3.93	7.28	2.45
Total Current Assets	686.1	664.24	773.22	693.16	678.31	558.97
Property, Plant & Equipment	324.9	319.22	304.58	286.17	266.79	259.71
Long-Term Investments	-	21.18	4.68	5.51	8.34	4.95
Goodwill	-	6.75	8.01	7.77	8.13	8.33
Other Intangible Assets	113.6	107.96	109.71	104.8	106.25	105.77
Long-Term Deferred Tax Assets	-	95.81	93.29	93.56	91.97	85.64
Other Long-Term Assets	97.8	1.86	39.22	20.5	-	18.43
Total Assets	1,222	1,217	1,333	1,211	1,160	1,042
Accounts Payable	154.3	146.05	189.57	250.89	237.58	151.22
Accrued Expenses	-	30.12	-	48.36	30.12	22.04
Short-Term Debt	-	50.34	50.18	83.47	90.58	37.05
Current Portion of Long-Term Debt	267.3	275.56	273.36	269.85	226.13	200.34
Current Income Taxes Payable	-	-	4.81	0.13	1.49	1.19
Other Current Liabilities	83.1	41.09	88.68	58.67	57.13	42.23
Total Current Liabilities	504.7	543.16	606.6	711.37	643.03	454.07
Long-Term Debt	229.5	176.97	169.75	126.04	171.6	276.82
Long-Term Leases	-	27.11	24.16	27.76	12.93	12.35
Long-Term Unearned Revenue	-	9.82	7.51	11.83	11.36	9.41
Pension & Post-Retirement Benefits	-	7.34	7.85	7.7	9.18	9.59
Long-Term Deferred Tax Liabilities	-	20.87	23.49	23.65	23.37	23.71
Other Long-Term Liabilities	89.3	37.67	11.2	9.47	12.22	6.67
Total Liabilities	823.5	822.94	850.56	917.82	883.69	792.6
Common Stock	294.1	56.95	56.95	56.95	58.04	58.04
Additional Paid-In Capital	-	17.11	17.11	17.11	17.11	17.11
Retained Earnings	-	227.34	238.6	110.7	68.56	0.41
Treasury Stock	-	-11.7	-10.79	-11.67	-15.55	-10.42
Comprehensive Income & Other	-	2.62	76.16	66.96	93.32	132.28
Total Common Equity	294.1	292.31	378.03	240.04	221.48	197.41
Minority Interest	104.8	101.78	104.12	53.6	54.61	51.78
Shareholders' Equity	398.9	394.09	482.15	293.64	276.09	249.19
Total Liabilities & Equity	1,222	1,217	1,333	1,211	1,160	1,042
Total Debt	496.8	529.99	517.46	507.13	501.23	526.55
Net Cash (Debt)	-338.8	-371.56	-278.31	-326.13	-324.38	-368.42
Net Cash Per Share	-2.76	-3.03	-2.23	-2.63	-2.61	-2.99
Filing Date Shares Outstanding	122.71	122.71	121.69	120.8	120.74	123.18
Total Common Shares Outstanding	122.71	122.71	121.69	120.8	120.74	123.18
Working Capital	181.4	121.08	166.62	-18.2	35.28	104.9
Book Value Per Share	2.40	2.38	3.11	1.99	1.83	1.60
Tangible Book Value	180.5	177.6	260.3	127.48	107.1	83.32
Tangible Book Value Per Share	1.47	1.45	2.14	1.06	0.89	0.68
Land	-	19.35	20.84	20.84	-	21.01
Buildings	-	149.46	158.31	132.53	-	130.66
Machinery	-	-	-	722.42	-	675.82
Order Backlog	-	1,233	-	-	-	-

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