BUL:BREF Balance Sheet

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

Millions BGN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Property, Plant & Equipment	0.02	0.02	0.03	0.01	0
Cash & Equivalents	21.09	7.53	4.19	11.56	1.66
Accounts Receivable	0.42	0.5	1.07	0.22	0.05
Other Receivables	-	0.04	0.08	0.19	0.25
Other Intangible Assets	-	0	0	-	0.01
Other Current Assets	5.83	24.63	0.13	0.67	1.3
Other Long-Term Assets	163.49	154.09	160.67	145.6	146.17
Total Assets	190.84	186.81	166.18	158.25	149.43
Current Portion of Long-Term Debt	2.08	4.74	4.6	4.44	4.69
Current Portion of Leases	-	-	-	-	0
Long-Term Debt	10.99	21.45	26.17	30.74	32.02
Accounts Payable	8.64	0.13	0.1	0.13	0.08
Accrued Expenses	-	1.45	0.72	0.98	1.26
Current Income Taxes Payable	0.06	-	-	-	-
Current Unearned Revenue	0.55	-	0.05	0.42	0.9
Other Current Liabilities	9.81	3.99	0.26	4.23	2.85
Other Long-Term Liabilities	2.36	2.2	1.55	1.06	-
Total Liabilities	34.48	33.95	33.44	42	41.8
Common Stock	34.64	34.64	34.64	34.64	34.64
Additional Paid-In Capital	59.38	59.38	59.38	59.38	59.38
Retained Earnings	62.34	58.84	38.72	22.23	13.61
Shareholders' Equity	156.37	152.86	132.74	116.25	107.63
Total Liabilities & Equity	190.84	186.81	166.18	158.25	149.43
Total Debt	13.07	26.19	30.77	35.19	36.72
Net Cash (Debt)	8.02	-18.66	-26.58	-23.62	-35.06
Net Cash Per Share	0.23	-0.54	-0.77	-0.68	-1.01
Filing Date Shares Outstanding	34.64	34.64	34.64	34.64	34.64
Total Common Shares Outstanding	34.64	34.64	34.64	34.64	34.64
Book Value Per Share	4.51	4.41	3.83	3.36	3.11
Tangible Book Value	156.37	152.86	132.74	116.25	107.62
Tangible Book Value Per Share	4.51	4.41	3.83	3.36	3.11

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