BUL:NGAZ 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	1.44	1.86	3.37	3.09	3.53	1.87
Trading Asset Securities	13.54	11.68	12.13	12.01	11.64	11.18
Cash & Short-Term Investments	14.99	13.54	15.5	15.09	15.17	13.05
Cash Growth	-4.02%	-12.66%	2.67%	-0.47%	16.21%	9.20%
Accounts Receivable	3.84	17.54	5.33	16.93	15.06	14.35
Other Receivables	4.03	3.39	3.25	2.12	2.13	2.52
Receivables	21.98	22.69	20.94	19.05	17.19	16.87
Inventory	5.42	4.27	4.74	4.21	3.85	3.54
Prepaid Expenses	-	-	-	-	0.07	-
Other Current Assets	-	-	-	-	0.05	-
Total Current Assets	42.39	40.5	41.19	38.35	36.33	33.46
Property, Plant & Equipment	16.93	17.34	18.23	18.91	15.65	16.67
Long-Term Investments	0.3	0.28	0.28	0.28	0.35	0.35
Other Intangible Assets	0.03	0.04	0.13	0.13	0.14	3.11
Long-Term Deferred Tax Assets	0.99	1.01	1.02	1.07	1.03	1.05
Other Long-Term Assets	3.77	3.86	1.34	1.9	6.13	3.66
Total Assets	64.41	63.02	62.17	60.64	59.63	58.31
Accounts Payable	0.91	9.96	0.82	9.39	9.43	9.39
Accrued Expenses	1.13	1.11	1.22	1	1.85	1.48
Short-Term Debt	0.88	-	-	-	-	-
Current Portion of Long-Term Debt	-	-	-	-	0.05	0.12
Current Portion of Leases	0.05	0.05	0.06	0.09	0.18	0.55
Current Income Taxes Payable	0.01	0	0.01	0.03	0.09	0.01
Current Unearned Revenue	-	-	-	-	0.14	0.07
Other Current Liabilities	10.07	0.76	9.33	0.86	0.02	0.02
Total Current Liabilities	13.05	11.88	11.44	11.38	11.76	11.64
Long-Term Debt	0	0	0	0	0	0.05
Long-Term Leases	0.13	0.14	0.19	0.22	0.22	0.3
Pension & Post-Retirement Benefits	0.18	0.18	0.18	0.18	0.19	0.21
Other Long-Term Liabilities	0.6	0.6	0.54	0.53	0.43	0.43
Total Liabilities	13.97	12.81	12.34	12.3	12.6	12.63
Common Stock	6.24	6.26	6.27	6.25	6.25	6.25
Retained Earnings	32.52	31.58	31.16	29.73	36.46	35.13
Comprehensive Income & Other	9.17	9.86	9.91	9.89	1.87	1.87
Total Common Equity	47.92	47.69	47.33	45.87	44.58	43.25
Minority Interest	2.52	2.52	2.5	2.47	2.45	2.42
Shareholders' Equity	50.45	50.21	49.83	48.34	47.02	45.68
Total Liabilities & Equity	64.41	63.02	62.17	60.64	59.63	58.31
Total Debt	1.06	0.19	0.25	0.31	0.46	1.02
Net Cash (Debt)	13.93	13.35	15.25	14.78	14.71	12.03
Net Cash Growth	-9.46%	-12.49%	3.16%	0.50%	22.23%	22.45%
Net Cash Per Share	1.14	1.09	1.25	1.21	1.20	0.98
Filing Date Shares Outstanding	12.23	12.23	12.23	12.23	12.23	12.23
Total Common Shares Outstanding	12.23	12.23	12.23	12.23	12.23	12.23
Working Capital	29.34	28.62	29.75	26.97	24.57	21.82
Book Value Per Share	3.92	3.90	3.87	3.75	3.65	3.54
Tangible Book Value	47.89	47.66	47.2	45.73	44.44	40.14
Tangible Book Value Per Share	3.92	3.90	3.86	3.74	3.63	3.28
Land	3.51	3.51	3.52	3.51	3.5	3.5
Buildings	2.63	2.65	2.47	2.45	2.64	2.58
Machinery	20.23	39.47	38.76	38.29	37.74	37.57