BUL:HES 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
Cash & Equivalents	2.45	1.48	2.22	1.48	1.64
Cash & Short-Term Investments	2.45	1.48	2.22	1.48	1.64
Cash Growth	65.43%	-33.39%	49.63%	-9.68%	-69.23%
Accounts Receivable	18.06	15.22	10.03	12.75	13.8
Other Receivables	1.34	1	0.23	0.59	0.79
Receivables	19.39	16.21	10.26	13.33	14.59
Inventory	10.87	9.93	12.06	16.14	10.11
Prepaid Expenses	0.15	0.14	0.11	0.62	0.33
Other Current Assets	0	0	0.01	0.02	0.05
Total Current Assets	32.86	27.76	24.65	31.58	26.72
Property, Plant & Equipment	18.69	20.17	21.13	19.1	18.45
Long-Term Investments	8.47	19.82	16.11	13.65	12.15
Other Intangible Assets	0.58	0.12	0.16	0.18	0.27
Total Assets	60.61	67.87	62.04	64.51	57.6
Accounts Payable	8.04	5.89	2.62	5.68	6.19
Accrued Expenses	2.72	1.95	2.47	2.95	2.61
Short-Term Debt	3.31	3.31	-	-	-
Current Income Taxes Payable	0.31	0.19	0.17	0.25	0.26
Current Unearned Revenue	0.01	-	0	0.05	0.3
Other Current Liabilities	2.22	2.25	6.41	5.13	2.57
Total Current Liabilities	16.6	13.58	11.67	14.05	11.93
Long-Term Unearned Revenue	-	-	-	-	0.05
Long-Term Deferred Tax Liabilities	0.53	1.72	1.35	1.07	0.94
Other Long-Term Liabilities	-	-	-	-	0
Total Liabilities	17.14	15.3	13.02	15.12	12.93
Common Stock	18.19	18.19	18.19	18.19	18.19
Retained Earnings	14.46	13.34	13.13	15.72	12.34
Comprehensive Income & Other	10.82	21.04	17.7	15.48	14.13
Shareholders' Equity	43.47	52.57	49.02	49.39	44.67
Total Liabilities & Equity	60.61	67.87	62.04	64.51	57.6
Total Debt	3.31	3.31	-	-	-
Net Cash (Debt)	-0.87	-1.83	2.22	1.48	1.64
Net Cash Growth	-	-	49.63%	-9.68%	-68.97%
Net Cash Per Share	-0.05	-0.10	0.12	0.08	0.09
Filing Date Shares Outstanding	18.19	18.19	18.19	18.19	18.19
Total Common Shares Outstanding	18.19	18.19	18.19	18.19	18.19
Working Capital	16.26	14.18	12.97	17.53	14.79
Book Value Per Share	2.39	2.89	2.69	2.71	2.46
Tangible Book Value	42.89	52.45	48.87	49.22	44.4
Tangible Book Value Per Share	2.36	2.88	2.69	2.71	2.44
Land	1.07	1.07	1.07	1.07	1.07
Buildings	7.59	7.32	7.22	7.22	6.96
Machinery	49.97	47.29	44.9	42.08	37.1
Construction In Progress	1.18	1.65	1.41	2.41	3.13

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