Billboard AD Balance Sheet

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

Millions BGN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	0.93	2.78	2.71	0.71	0.7	0.53
Short-Term Investments	0.01	0.01	0.01	0.01	0.01	-
Cash & Short-Term Investments	0.93	2.79	2.71	0.71	0.7	0.53
Cash Growth	-58.70%	2.65%	280.50%	1.57%	32.70%	-68.17%
Accounts Receivable	7.19	5.82	5.43	5.84	5.24	5.43
Other Receivables	0.06	0.17	0.05	0.08	0.19	0.35
Receivables	8.17	6.84	6.44	6.88	5.61	6.41
Inventory	0.73	0.3	0.3	0.68	2.09	1.22
Prepaid Expenses	1.1	1.74	0.85	0.9	0.84	0.03
Other Current Assets	0.11	0.1	0.1	0.11	0.09	0.83
Total Current Assets	11.04	11.76	10.39	9.29	9.34	9.02
Property, Plant & Equipment	36.3	31.95	31.48	30.72	31.2	32.18
Other Intangible Assets	0.09	0.09	0.1	0.07	0.08	0.09
Long-Term Deferred Tax Assets	0.01	0.01	0.01	0.01	0.05	0.15
Total Assets	47.43	43.81	41.98	40.09	40.68	41.53
Accounts Payable	5.17	4.68	4.56	5.11	6.19	5.44
Accrued Expenses	1.14	1.07	1.23	1.05	1.36	1.05
Current Portion of Long-Term Debt	3.41	3.26	3.14	2.66	1.67	2.77
Current Portion of Leases	0.64	0.52	0.58	0.57	0.46	0.18
Current Income Taxes Payable	-	0.05	0.04	0.06	0	0.07
Current Unearned Revenue	-	-	-	-	0.01	0.01
Other Current Liabilities	0.36	0.34	0.34	0.29	0.22	0.2
Total Current Liabilities	10.73	9.92	9.89	9.73	9.9	9.71
Long-Term Debt	5.73	4.6	5.32	7.14	8.97	10.22
Long-Term Leases	1.13	1.2	1.34	1.16	0.96	0.52
Long-Term Unearned Revenue	-	-	-	-	0.03	0.03
Long-Term Deferred Tax Liabilities	0.86	0.86	0.8	0.63	0.66	0.77
Total Liabilities	18.45	16.59	17.34	18.66	20.51	21.26
Common Stock	15	15	15	15	15	15
Retained Earnings	6.1	4.67	3.14	1.3	0.47	0.52
Comprehensive Income & Other	2.96	2.97	2.29	1.59	1.53	1.78
Total Common Equity	24.06	22.64	20.42	17.9	17	17.3
Minority Interest	4.92	4.59	4.21	3.53	3.17	2.97
Shareholders' Equity	28.99	27.23	24.64	21.43	20.17	20.27
Total Liabilities & Equity	47.43	43.81	41.98	40.09	40.68	41.53
Total Debt	10.92	9.59	10.38	11.53	12.05	13.69
Net Cash (Debt)	-9.98	-6.8	-7.67	-10.82	-11.35	-13.16
Net Cash Per Share	-0.67	-0.45	-0.51	-0.72	-0.76	-0.88
Filing Date Shares Outstanding	15	15	15	15	15	15
Total Common Shares Outstanding	15	15	15	15	15	15
Working Capital	0.31	1.84	0.51	-0.44	-0.56	-0.7
Book Value Per Share	1.60	1.51	1.36	1.19	1.13	1.15
Tangible Book Value	23.97	22.54	20.32	17.83	16.91	17.21
Tangible Book Value Per Share	1.60	1.50	1.35	1.19	1.13	1.15
Land	5.55	5.55	5.08	4.84	4.77	4.78
Buildings	7.78	7.79	7.51	6.05	6.08	7.11
Machinery	48.45	43.98	41.63	41.33	40.95	40.28

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