Smart Organic AD Balance Sheet

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

Millions BGN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	18.12	10.22	4.19	4.39	8.04	3.92
Trading Asset Securities	-	10.85	0.82	-	-	-
Cash & Short-Term Investments	18.12	21.07	5.01	4.39	8.04	3.92
Cash Growth	-15.11%	320.29%	14.22%	-45.44%	105.36%	-
Accounts Receivable	17.1	12.19	8.06	6.34	5.08	3.05
Other Receivables	1.75	1.12	0.89	1.47	0.8	0.25
Receivables	18.91	13.35	9	7.82	5.89	3.31
Inventory	22.42	19.79	14.72	15.47	10.57	7.47
Other Current Assets	9.49	6.21	2.35	0.95	1.09	1.2
Total Current Assets	68.94	60.42	31.09	28.63	25.6	15.9
Property, Plant & Equipment	42.36	39.15	19.75	16.97	10.06	8.94
Long-Term Investments	0.03	0.03	0.04	0.03	0.05	0.05
Goodwill	0.84	0.87	0.87	0.93	-	-
Other Intangible Assets	0.37	0.51	0.05	0.05	0.05	0.12
Long-Term Accounts Receivable	-	-	-	0.04	-	-
Long-Term Deferred Tax Assets	0.01	0.16	0.12	0.15	0.14	0.12
Other Long-Term Assets	3.98	3.08	10.88	1.29	1.46	0.45
Total Assets	116.52	104.22	62.79	48.09	37.35	25.56
Accounts Payable	9.36	5.57	3.8	2.95	2.72	1.68
Accrued Expenses	1.96	1.89	1.8	1.17	1.04	0.8
Short-Term Debt	-	0.01	0.07	0	-	0.02
Current Portion of Long-Term Debt	3.58	4.46	2.62	1.71	1.26	1.26
Current Portion of Leases	0.32	0.33	0.35	0.29	0.7	0.68
Current Income Taxes Payable	0.76	0.22	0.02	0.19	0.11	0.08
Other Current Liabilities	0.36	0.72	0.36	0.5	0.08	0.15
Total Current Liabilities	16.32	13.2	9.02	6.8	5.91	4.67
Long-Term Debt	16.72	13.81	7.72	5.43	3.31	4.57
Long-Term Leases	0.49	0.4	0.64	0.51	0.72	1.14
Long-Term Deferred Tax Liabilities	0.25	0.41	0.11	0.02	-	0
Total Liabilities	33.91	27.93	17.55	12.81	9.94	10.38
Common Stock	11.34	11.34	10.31	10.31	10.31	1.5
Additional Paid-In Capital	24.04	24.04	6.01	6.01	5.55	-
Retained Earnings	46.75	40.49	28.55	16.14	11.25	13.41
Comprehensive Income & Other	0.3	0.3	0.3	2.77	0.3	0.27
Total Common Equity	82.43	76.16	45.16	35.23	27.4	15.18
Minority Interest	0.17	0.13	0.08	0.05	0	0
Shareholders' Equity	82.6	76.3	45.24	35.28	27.41	15.18
Total Liabilities & Equity	116.52	104.22	62.79	48.09	37.35	25.56
Total Debt	21.1	19.01	11.39	7.95	5.99	7.67
Net Cash (Debt)	-2.98	2.06	-6.38	-3.56	2.05	-3.75
Net Cash Per Share	-0.28	0.19	-0.62	-0.35	0.58	-2.50
Filing Date Shares Outstanding	11.34	11.34	10.31	10.31	10.31	1.5
Total Common Shares Outstanding	11.34	11.34	10.31	10.31	10.31	1.5
Working Capital	52.62	47.22	22.07	21.83	19.69	11.23
Book Value Per Share	7.27	6.72	4.38	3.42	2.66	10.12
Tangible Book Value	81.23	74.78	44.24	34.25	27.35	15.07
Tangible Book Value Per Share	7.16	6.59	4.29	3.32	2.65	10.04
Land	2.38	2.38	2.38	2.38	1.09	0.99
Buildings	17.71	17.71	8.16	10.05	8.3	6.95
Machinery	33.86	26.93	15.37	12.18	9.87	8.32

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.