BMV:VOLAR.A Balance Sheet

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

Millions USD. 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	803	753.88	907.98	774.15	711.85	741.12
Short-Term Investments	21	20.21	45.74	15.27	-	-
Cash & Short-Term Investments	824	774.09	953.72	789.42	711.85	741.12
Cash Growth	4.43%	-18.83%	20.81%	10.90%	-3.95%	46.33%
Accounts Receivable	320	8.35	5.99	3.76	65	52.01
Other Receivables	-	226.16	112.73	239.56	178.65	60.09
Receivables	320	234.51	118.71	243.32	243.65	112.11
Inventory	21	16.73	16.63	16.12	15.76	14.4
Prepaid Expenses	115	33.97	27.82	29.96	23.22	23.82
Other Current Assets	228	334.05	265.17	168.83	71.6	87.53
Total Current Assets	1,508	1,393	1,382	1,248	1,066	978.98
Property, Plant & Equipment	3,519	3,163	3,055	2,754	2,474	2,118
Long-Term Investments	-	-	-	1.68	1.59	-
Other Intangible Assets	41	38.27	25.96	16.22	12.73	12.63
Long-Term Deferred Tax Assets	460	359.77	286.2	236.03	208.01	141.27
Other Long-Term Assets	329	682.24	954.44	890.78	705.01	733.67
Total Assets	5,857	5,637	5,704	5,146	4,468	3,985
Accounts Payable	255	187.49	161.24	233.86	194.86	108.16
Accrued Expenses	373	242.97	202.63	169.16	190.23	189.39
Current Portion of Long-Term Debt	231	261.72	283.62	220.29	112.15	196.9
Current Portion of Leases	454	409.13	391.16	372.7	335.62	283.84
Current Income Taxes Payable	18	11.59	28.74	8.31	5.74	4.19
Current Unearned Revenue	496	388.6	363.63	347.11	351.49	307.65
Other Current Liabilities	512	414.74	339.25	270.16	229.66	161.4
Total Current Liabilities	2,339	1,916	1,770	1,622	1,420	1,252
Long-Term Debt	461	441.12	526.36	432.78	160.89	108.04
Long-Term Leases	2,713	2,744	2,670	2,519	2,373	2,128
Pension & Post-Retirement Benefits	18	15.38	12.79	14.64	10.99	3.97
Long-Term Deferred Tax Liabilities	5	11.58	17.93	15.71	10.46	11.19
Other Long-Term Liabilities	253	244.25	341.18	299.92	257.74	168.41
Total Liabilities	5,789	5,373	5,339	4,903	4,233	3,671
Common Stock	248	248.28	248.28	248.28	248.28	248.28
Additional Paid-In Capital	284	283.18	283.36	282.04	283.17	281.04
Retained Earnings	-308	-108.22	-4.35	-130.72	-138.54	-58.32
Treasury Stock	-13	-12.71	-12.79	-11.56	-12.87	-8.65
Comprehensive Income & Other	-143	-146.75	-149.69	-145.45	-145.31	-149.21
Shareholders' Equity	68	263.78	364.81	242.59	234.74	313.14
Total Liabilities & Equity	5,857	5,637	5,704	5,146	4,468	3,985
Total Debt	3,859	3,856	3,872	3,545	2,982	2,717
Net Cash (Debt)	-3,035	-3,082	-2,918	-2,755	-2,270	-1,976
Net Cash Per Share	-2.64	-2.68	-2.50	-2.36	-1.95	-1.70
Filing Date Shares Outstanding	1,150	1,149	1,150	1,151	1,166	1,166
Total Common Shares Outstanding	1,150	1,149	1,150	1,151	1,166	1,166
Working Capital	-831	-522.89	-388.21	-373.94	-353.66	-272.55
Book Value Per Share	0.06	0.23	0.32	0.21	0.20	0.27
Tangible Book Value	27	225.51	338.86	226.38	222.01	300.51
Tangible Book Value Per Share	0.02	0.20	0.29	0.20	0.19	0.26
Buildings	-	11.15	9.15	8.8	7.56	7.46
Machinery	-	553.61	420.69	211.74	119.05	114.56
Construction In Progress	-	17.04	14.24	27.14	31.9	26.52
Leasehold Improvements	-	595.82	728.2	579.35	421.13	258.88