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	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	746.11	753.88	907.98	774.15	711.85	741.12
Short-Term Investments	34.35	20.21	45.74	15.27	-	-
Cash & Short-Term Investments	780.46	774.09	953.72	789.42	711.85	741.12
Cash Growth	-9.50%	-18.83%	20.81%	10.90%	-3.95%	46.33%
Accounts Receivable	70.54	8.35	5.99	3.76	65	52.01
Other Receivables	179.91	226.16	112.73	239.56	178.65	60.09
Receivables	250.45	234.51	118.71	243.32	243.65	112.11
Inventory	17.43	16.73	16.63	16.12	15.76	14.4
Prepaid Expenses	-	33.97	27.82	29.96	23.22	23.82
Other Current Assets	345.3	334.05	265.17	168.83	71.6	87.53
Total Current Assets	1,394	1,393	1,382	1,248	1,066	978.98
Property, Plant & Equipment	3,500	3,163	3,055	2,754	2,474	2,118
Long-Term Investments	0.02	-	-	1.68	1.59	-
Other Intangible Assets	38.62	38.27	25.96	16.22	12.73	12.63
Long-Term Deferred Tax Assets	386.9	359.77	286.2	236.03	208.01	141.27
Other Long-Term Assets	335.37	682.24	954.44	890.78	705.01	733.67
Total Assets	5,654	5,637	5,704	5,146	4,468	3,985
Accounts Payable	160.78	187.49	161.24	233.86	194.86	108.16
Accrued Expenses	320.72	242.97	202.63	169.16	190.23	189.39
Short-Term Debt	137.6	-	-	-	-	-
Current Portion of Long-Term Debt	127.82	261.72	283.62	220.29	112.15	196.9
Current Portion of Leases	488.81	409.13	391.16	372.7	335.62	283.84
Current Income Taxes Payable	0.33	11.59	28.74	8.31	5.74	4.19
Current Unearned Revenue	428.49	388.6	363.63	347.11	351.49	307.65
Other Current Liabilities	423.77	414.74	339.25	270.16	229.66	161.4
Total Current Liabilities	2,088	1,916	1,770	1,622	1,420	1,252
Long-Term Debt	394.35	441.12	526.36	432.78	160.89	108.04
Long-Term Leases	2,673	2,744	2,670	2,519	2,373	2,128
Pension & Post-Retirement Benefits	16.5	15.38	12.79	14.64	10.99	3.97
Long-Term Deferred Tax Liabilities	10.76	11.58	17.93	15.71	10.46	11.19
Other Long-Term Liabilities	264.72	244.25	341.18	299.92	257.74	168.41
Total Liabilities	5,447	5,373	5,339	4,903	4,233	3,671
Common Stock	248.28	248.28	248.28	248.28	248.28	248.28
Additional Paid-In Capital	284.26	283.18	283.36	282.04	283.17	281.04
Retained Earnings	-179.66	-108.22	-4.35	-130.72	-138.54	-58.32
Treasury Stock	-12.71	-12.71	-12.79	-11.56	-12.87	-8.65
Comprehensive Income & Other	-133.3	-146.75	-149.69	-145.45	-145.31	-149.21
Shareholders' Equity	206.88	263.78	364.81	242.59	234.74	313.14
Total Liabilities & Equity	5,654	5,637	5,704	5,146	4,468	3,985
Total Debt	3,821	3,856	3,872	3,545	2,982	2,717
Net Cash (Debt)	-3,041	-3,082	-2,918	-2,755	-2,270	-1,976
Net Cash Per Share	-2.65	-2.68	-2.50	-2.36	-1.95	-1.70
Filing Date Shares Outstanding	1,149	1,149	1,150	1,151	1,166	1,166
Total Common Shares Outstanding	1,149	1,149	1,150	1,151	1,166	1,166
Working Capital	-694.68	-522.89	-388.21	-373.94	-353.66	-272.55
Book Value Per Share	0.18	0.23	0.32	0.21	0.20	0.27
Tangible Book Value	168.26	225.51	338.86	226.38	222.01	300.51
Tangible Book Value Per Share	0.15	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

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