Velgraf Asset Management AD (BUL:VAM)

BUL:VAM 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Property, Plant & Equipment	104.25	97.81	98.73	98.53	102.09	75.1
Cash & Equivalents	0.14	0.28	0.23	0.59	0.53	0.71
Accounts Receivable	44.7	45.7	43.1	44.17	36.51	32.55
Other Receivables	0.06	0.08	0.06	0.08	0.1	0.01
Goodwill	39.98	39.98	40.09	40.19	40.19	37.77
Loans Receivable Current	13.96	13.89	14.24	7.63	6.92	6.98
Other Current Assets	21.9	32.47	41.93	46.73	30.39	10.34
Trading Asset Securities	5.22	10.74	5.88	10.27	14.76	16.51
Deferred Long-Term Tax Assets	1.17	1.17	1.21	0.88	0.73	0.55
Other Long-Term Assets	-	-	-	-	1.66	25.11
Total Assets	231.38	242.12	245.45	249.07	233.88	205.63
Current Portion of Long-Term Debt	61.93	63.3	64.49	53.08	51.72	23.15
Current Portion of Leases	0.09	0.1	0.1	0.09	0.05	0.11
Long-Term Debt	43.24	53.97	54.04	68.05	52.5	53.06
Long-Term Leases	-	0.06	0.11	0.11	0.12	0.16
Accounts Payable	2.27	0.77	1.25	0.99	1.39	3.21
Accrued Expenses	0.02	0.04	0.24	0.74	0.03	0.5
Current Income Taxes Payable	0.25	0.7	0.56	-	0.44	0.05
Current Unearned Revenue	0.69	0.93	0.93	1.37	1.81	2.25
Other Current Liabilities	1.26	1.05	0.79	0.89	0.84	0.82
Long-Term Unearned Revenue	0.42	0.87	1.81	2.3	3.24	4.11
Long-Term Deferred Tax Liabilities	2.23	2.23	2.1	2.05	1.86	1.74
Other Long-Term Liabilities	0.91	0.91	1.21	1.51	1.82	-
Total Liabilities	113.31	124.94	127.66	131.2	116.09	89.16
Common Stock	68.98	68.98	68.98	68.98	68.98	68.98
Additional Paid-In Capital	37.33	37.33	37.33	37.33	37.33	37.33
Retained Earnings	10.23	9.33	9.94	10	10.47	10.16
Total Common Equity	116.54	115.65	116.25	116.31	116.78	116.47
Minority Interest	1.53	1.53	1.54	1.56	1	-
Shareholders' Equity	118.07	117.18	117.79	117.87	117.79	116.47
Total Liabilities & Equity	231.38	242.12	245.45	249.07	233.88	205.63
Total Debt	105.25	117.43	118.74	121.33	104.66	76.48
Net Cash (Debt)	-99.89	-106.41	-112.64	-110.47	-89.37	-59.26
Net Cash Per Share	-1.45	-1.54	-1.63	-1.60	-1.30	-0.86
Filing Date Shares Outstanding	68.98	68.98	68.98	68.98	68.98	68.98
Total Common Shares Outstanding	68.98	68.98	68.98	68.98	68.98	68.98
Book Value Per Share	1.69	1.68	1.69	1.69	1.69	1.69
Tangible Book Value	76.56	75.67	76.17	76.12	76.59	78.7
Tangible Book Value Per Share	1.11	1.10	1.10	1.10	1.11	1.14
Land	37.39	36.91	39.47	39.47	36.68	31.45
Buildings	86.19	79.62	77.2	76.32	76.04	58.81

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