Agroland Business System Balance Sheet

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

Millions RON. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	7.17	5.49	4.43	7.05	4.79	6.69
Cash & Short-Term Investments	7.17	5.49	4.43	7.05	4.79	6.69
Cash Growth	-19.15%	23.88%	-37.16%	47.17%	-28.47%	178.65%
Accounts Receivable	-	-	-	-	33.7	-
Other Receivables	47.38	52.79	46.35	46.55	4.62	19.7
Receivables	47.38	52.79	46.35	46.55	38.32	19.7
Inventory	79.51	69.83	55.19	52.85	33.27	17.6
Prepaid Expenses	0.43	0.38	0	-	-	-
Total Current Assets	134.49	128.49	105.97	106.44	76.38	44
Property, Plant & Equipment	114.96	96.4	79.23	77.38	43.2	22.84
Long-Term Investments	-	-	-	-	0	-
Other Intangible Assets	1.64	1.54	1.43	1.38	0.34	0.72
Long-Term Deferred Charges	-	-	-	-	0.43	-
Other Long-Term Assets	13.51	8.16	7	7.2	9.59	8.01
Total Assets	264.61	234.59	193.64	192.4	137.12	75.58
Accounts Payable	43.02	33.69	35.99	37.32	23.31	13.51
Accrued Expenses	5.58	6.86	6.48	3.78	-	1.14
Short-Term Debt	-	-	-	-	1.61	-
Current Portion of Long-Term Debt	73.23	45.02	25.26	21.3	19.42	16.72
Current Portion of Leases	2.57	1.77	1.32	2.59	-	-
Current Income Taxes Payable	0.82	2.3	0.83	0.06	1.37	0.26
Current Unearned Revenue	-	-	-	-	1.32	-
Other Current Liabilities	3.63	6.46	2.35	6.91	8.77	3.2
Total Current Liabilities	128.85	96.11	72.23	71.95	55.8	34.83
Long-Term Debt	54.33	69.33	61.06	63.77	40.06	15.66
Long-Term Leases	6.32	4.35	3.19	2.67	-	1.57
Long-Term Unearned Revenue	-	-	0	-	-	-
Other Long-Term Liabilities	0	-	-0	0.06	2.94	-
Total Liabilities	189.5	169.79	136.48	138.45	98.79	52.06
Common Stock	9.25	9.25	9.25	8.85	4.76	1.18
Additional Paid-In Capital	27.97	27.97	27.97	27.97	13.82	7.77
Retained Earnings	39.33	29.02	21.37	18.57	19.74	14.58
Treasury Stock	-1.44	-1.44	-1.44	-1.44	-	-
Comprehensive Income & Other	-	-	-	0	-	-
Shareholders' Equity	75.11	64.8	57.15	53.95	38.32	23.53
Total Liabilities & Equity	264.61	234.59	193.64	192.4	137.12	75.58
Total Debt	136.44	120.48	90.83	90.32	61.09	33.95
Net Cash (Debt)	-129.27	-114.99	-86.4	-83.27	-56.3	-27.25
Net Cash Per Share	-1.44	-1.28	-0.96	-0.93	-1.06	-0.57
Filing Date Shares Outstanding	89.98	89.98	89.98	89.98	52.93	48.12
Total Common Shares Outstanding	89.98	89.98	89.98	89.98	52.93	48.12
Working Capital	5.64	32.39	33.74	34.49	20.58	9.18
Book Value Per Share	0.83	0.72	0.64	0.60	0.72	0.49
Tangible Book Value	73.47	63.26	55.72	52.58	37.98	22.8
Tangible Book Value Per Share	0.82	0.70	0.62	0.58	0.72	0.47
Land	-	-	-	-	9.02	-
Buildings	-	-	-	-	19.81	-
Machinery	-	-	-	-	18.92	-
Construction In Progress	-	-	-	-	3.52	-

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