Billboard AD 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	0.77	1.46	1.43	1.38	0.36	0.36
Short-Term Investments	0	0	0	0	0	0
Cash & Short-Term Investments	0.78	1.46	1.43	1.39	0.36	0.36
Cash Growth	3.25%	2.19%	2.92%	280.58%	1.53%	32.76%
Accounts Receivable	3.85	3.01	2.98	2.77	2.99	2.68
Other Receivables	0.01	-0	0.03	0.02	0.04	0.1
Receivables	4.33	3.5	3.51	3.29	3.52	2.87
Inventory	0.46	0.18	0.15	0.15	0.35	1.07
Prepaid Expenses	0.06	0.02	0.07	0.43	0.46	0.43
Other Current Assets	0.07	0.05	0.05	0.05	0.05	0.05
Total Current Assets	5.69	5.21	5.2	5.31	4.75	4.78
Property, Plant & Equipment	20.28	20.47	17.2	16.09	15.71	15.96
Other Intangible Assets	0.04	0.05	0.05	0.05	0.04	0.04
Long-Term Deferred Tax Assets	0	0.01	0	0	0	0.03
Total Assets	26.02	25.74	22.45	21.46	20.49	20.8
Accounts Payable	2.53	2.5	2.4	2.33	2.61	3.16
Accrued Expenses	0.91	0.68	0.55	0.63	0.53	0.69
Current Portion of Long-Term Debt	1.79	1.88	1.67	1.6	1.36	0.85
Current Portion of Leases	0.36	0.35	0.27	0.3	0.29	0.24
Current Income Taxes Payable	0.06	0.06	0.02	0.02	0.03	0
Current Unearned Revenue	0.02	0.01	-	-	-	0
Other Current Liabilities	0.2	0.19	0.17	0.17	0.15	0.11
Total Current Liabilities	5.85	5.68	5.09	5.05	4.97	5.06
Long-Term Debt	2.66	2.87	2.36	2.72	3.65	4.59
Long-Term Leases	0.73	0.71	0.61	0.69	0.59	0.49
Long-Term Unearned Revenue	0.28	0.28	-	-	-	0.01
Long-Term Deferred Tax Liabilities	0.5	0.5	0.44	0.41	0.32	0.34
Total Liabilities	10.02	10.04	8.5	8.87	9.54	10.49
Common Stock	7.65	7.67	7.69	7.67	7.67	7.67
Retained Earnings	3.73	3.45	2.39	1.6	0.67	0.24
Comprehensive Income & Other	2.06	2.06	1.52	1.17	0.81	0.78
Total Common Equity	13.44	13.18	11.6	10.44	9.15	8.69
Minority Interest	2.57	2.51	2.35	2.15	1.8	1.62
Shareholders' Equity	16	15.69	13.95	12.6	10.95	10.31
Total Liabilities & Equity	26.02	25.74	22.45	21.46	20.49	20.8
Total Debt	5.53	5.81	4.91	5.31	5.89	6.16
Net Cash (Debt)	-4.76	-4.35	-3.49	-3.92	-5.53	-5.8
Net Cash Per Share	-0.32	-0.29	-0.23	-0.26	-0.37	-0.39
Filing Date Shares Outstanding	15	15	15	15	15	15
Total Common Shares Outstanding	15	15	15	15	15	15
Working Capital	-0.16	-0.47	0.11	0.26	-0.23	-0.29
Book Value Per Share	0.90	0.88	0.77	0.70	0.61	0.58
Tangible Book Value	13.39	13.14	11.55	10.39	9.11	8.65
Tangible Book Value Per Share	0.89	0.88	0.77	0.69	0.61	0.58
Land	3.11	3.11	2.85	2.59	2.47	2.44
Buildings	4.31	4.32	3.99	3.84	3.09	3.11
Machinery	24.95	23.13	22.54	21.28	21.13	20.94
Construction In Progress	3.34	3.33	0.88	-	-	-