Holding Varna AD (BUL:HVAR)

Holding Varna AD Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	13.37	48.27	12.6	12.95	12.11	8.22
Short-Term Investments	13.96	16.96	25.43	23.92	34.31	37.83
Trading Asset Securities	37.63	37.22	33.3	29.93	36.86	33.99
Cash & Short-Term Investments	64.95	102.45	71.34	66.81	83.28	80.05
Cash Growth	-6.02%	43.62%	6.78%	-19.79%	4.04%	0.74%
Accounts Receivable	21.93	18.99	25.08	25.76	36.51	41.12
Other Receivables	0.07	0.64	0.22	1.35	-0.7	1.68
Receivables	22	19.64	25.31	27.11	35.82	42.8
Inventory	14.96	19.97	15.52	9.96	2.73	1.42
Other Current Assets	-	2.88	2.82	15.38	17.56	16.49
Total Current Assets	101.91	144.94	114.99	119.25	139.39	140.76
Property, Plant & Equipment	226.05	211.43	208.23	209.94	212.79	212.56
Long-Term Investments	29.14	28.59	26.14	24.85	17.21	17.59
Goodwill	36.69	36.69	36.99	36.98	38.13	38.13
Other Intangible Assets	20.37	20.02	19.17	18.51	17.94	19.49
Long-Term Accounts Receivable	0.48	-	-	-	-	-
Long-Term Deferred Tax Assets	3.19	3.19	3.36	3.03	2.72	2.51
Other Long-Term Assets	41.99	40.3	43.26	43.43	38.52	35.02
Total Assets	459.81	485.17	452.13	456	466.69	466.06
Accounts Payable	35.89	8.97	10.02	8.87	6.64	8.43
Accrued Expenses	4.09	5	4.36	4.18	3.44	4.09
Short-Term Debt	-	9.24	8.21	22.23	23.08	26.59
Current Portion of Long-Term Debt	65.66	66.02	62.04	55.63	63.42	61.38
Current Portion of Leases	1.66	0.36	0.91	1.53	1.49	1.6
Current Income Taxes Payable	0.14	0.34	0.33	0.22	0.32	0.17
Current Unearned Revenue	-	1.44	0.66	0.54	0.8	0.97
Other Current Liabilities	-	39.57	3.68	3.6	3.45	2.11
Total Current Liabilities	107.44	130.94	90.22	96.81	102.63	105.33
Long-Term Debt	110.92	122.29	133.96	132.92	137.66	135.22
Long-Term Leases	7.83	0.52	0.34	1.14	2.17	3.39
Long-Term Deferred Tax Liabilities	3.02	3.01	3.44	2.82	2.45	2.19
Other Long-Term Liabilities	1.65	1.47	1.47	0	-	0.63
Total Liabilities	231.22	258.61	229.71	233.91	245.15	246.93
Common Stock	6.49	6.49	6.49	6.49	6.49	6.49
Additional Paid-In Capital	-	-	-	-	156.82	156.82
Retained Earnings	16.35	14.8	16.18	15.26	17.3	17.5
Comprehensive Income & Other	165.98	165.73	165.23	164.98	4.17	2.16
Total Common Equity	188.82	187.02	187.89	186.73	184.77	182.96
Minority Interest	39.77	39.55	34.53	35.36	36.78	36.17
Shareholders' Equity	228.59	226.56	222.42	222.09	221.54	219.13
Total Liabilities & Equity	459.81	485.17	452.13	456	466.69	466.06
Total Debt	186.07	198.43	205.46	213.45	227.82	228.17
Net Cash (Debt)	-121.11	-95.98	-134.13	-146.65	-144.53	-148.12
Net Cash Per Share	-18.67	-14.80	-20.68	-22.61	-22.28	-22.88
Filing Date Shares Outstanding	6.49	6.49	6.49	6.49	6.49	6.49
Total Common Shares Outstanding	6.49	6.49	6.49	6.49	6.49	6.49
Working Capital	-5.53	14	24.76	22.45	36.76	35.43
Book Value Per Share	29.11	28.83	28.97	28.79	28.49	28.21
Tangible Book Value	131.77	130.3	131.73	131.24	128.69	125.35
Tangible Book Value Per Share	20.32	20.09	20.31	20.23	19.84	19.33
Land	45.31	45.31	45.19	45.22	45.81	45.81
Buildings	117.57	117.57	113.04	105.84	106.18	106.17
Machinery	106.33	104.5	101.57	92.51	91.34	90.49

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