Bulmetal JSC Balance Sheet

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

Millions BGN. 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	1.14	7.72	2	0.87	2.54	4.93
Short-Term Investments	-	-	-	-	-	0
Cash & Short-Term Investments	1.14	7.72	2	0.87	2.54	4.93
Cash Growth	-81.83%	285.66%	130.38%	-65.83%	-48.42%	87.24%
Accounts Receivable	8.99	18.34	17.92	23.43	15.49	16.37
Other Receivables	1.1	3.78	2.21	3.76	2.92	2.59
Receivables	10.09	22.12	20.13	27.19	18.41	18.97
Inventory	33.21	58.71	48.35	52.26	39.16	34.83
Total Current Assets	46.19	88.55	70.48	80.32	60.11	58.73
Property, Plant & Equipment	29.95	58.55	42.47	43.4	48.97	47.63
Goodwill	0.07	-	-	-	-	-
Other Intangible Assets	0.45	1.11	0.98	1.02	1.03	0.21
Long-Term Deferred Tax Assets	0.08	0.16	0.16	0.25	0.12	0.16
Long-Term Deferred Charges	0.05	-	0.16	0.27	0.49	0.4
Other Long-Term Assets	9.57	17.69	31.81	21.83	14.88	14.84
Total Assets	86.35	166.65	146.62	147.08	126.11	122.1
Accounts Payable	10.67	19.71	19.06	35.94	16.77	14.42
Accrued Expenses	1.52	2.33	2.51	1.71	1.78	1.08
Current Portion of Long-Term Debt	19.5	37.52	30.64	29.74	37.21	32.77
Current Portion of Leases	-	0.52	0.56	0.97	0.41	-
Current Income Taxes Payable	0.25	0.67	0.36	0.3	0.54	0.29
Current Unearned Revenue	5.81	10.51	5.06	2.67	5.22	-
Other Current Liabilities	0.63	0.11	0.26	0.5	0.09	9.49
Total Current Liabilities	38.37	71.36	58.45	71.82	62.02	58.04
Long-Term Debt	6.72	16.06	12.55	14.06	4.65	11.65
Long-Term Leases	-	0.68	1.22	1.38	2.16	-
Long-Term Unearned Revenue	1.97	-	3.26	2.86	3.13	3.93
Pension & Post-Retirement Benefits	-	1.11	1.42	0.57	0.62	0.52
Other Long-Term Liabilities	1.05	3.78	0.34	0.06	0.85	4.83
Total Liabilities	48.11	92.98	77.23	90.74	73.42	78.97
Common Stock	3.65	7.16	7.16	6.23	6.23	6.23
Additional Paid-In Capital	3.73	7.3	7.3	-	-	-
Retained Earnings	27.18	58.01	48.8	45.82	43.99	35.15
Comprehensive Income & Other	3.56	0.96	5.96	4.04	2.36	1.36
Total Common Equity	38.12	73.42	69.21	56.09	52.57	42.74
Minority Interest	0.13	0.25	0.18	0.25	0.12	0.39
Shareholders' Equity	38.25	73.67	69.39	56.34	52.68	43.13
Total Liabilities & Equity	86.35	166.65	146.62	147.08	126.11	122.1
Total Debt	26.21	54.77	44.96	46.14	44.42	44.42
Net Cash (Debt)	-25.07	-47.05	-42.96	-45.27	-41.88	-39.49
Net Cash Per Share	-3.50	-6.54	-6.09	-7.24	-6.72	-
Filing Date Shares Outstanding	7.16	7.16	7.16	7.16	6.23	-
Total Common Shares Outstanding	7.16	7.16	7.16	6.23	6.23	-
Working Capital	7.82	17.18	12.03	8.5	-1.91	0.69
Book Value Per Share	5.33	10.26	9.67	9.01	8.44	-
Tangible Book Value	37.6	72.31	68.22	55.07	51.53	42.53
Tangible Book Value Per Share	5.25	10.11	9.53	8.85	8.28	-
Land	-	2.52	2.51	-	-	-
Buildings	-	17.17	15.98	-	-	-
Machinery	-	103.82	84.68	-	-	-