Armatura 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	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	6.5	6.49	7.44	7.85	0.66	1.04
Cash & Short-Term Investments	6.5	6.49	7.44	7.85	0.66	1.04
Cash Growth	0.24%	-12.79%	-5.28%	1092.81%	-36.53%	132.58%
Accounts Receivable	0.32	0.55	0.51	0.53	11.76	0.18
Other Receivables	-	-	0	-	0.05	0.11
Receivables	0.32	0.55	0.51	0.53	11.8	0.28
Inventory	0	0	-	-	0	0.49
Other Current Assets	-	-	-	-	0.01	0.01
Total Current Assets	6.98	7.2	8.11	8.53	12.65	1.82
Property, Plant & Equipment	0.06	0.11	0.83	0.49	1.44	24.33
Other Intangible Assets	-	-	-	-	0	0
Other Long-Term Assets	-	-	-	-	-	4.74
Total Assets	7.04	7.31	8.94	9.03	14.09	30.89
Accounts Payable	0.11	0.02	0.17	0.18	0.25	8.94
Accrued Expenses	-	0.06	0.12	0.08	0.08	0.17
Short-Term Debt	-	-	-	-	-	26.2
Current Portion of Leases	0	0.01	0.4	0.01	0.8	-
Current Income Taxes Payable	-	-	-	-	3.22	-
Other Current Liabilities	0	0.27	0.3	0.31	0.42	0.09
Total Current Liabilities	0.11	0.37	1	0.58	4.76	35.39
Long-Term Leases	-	-	0.4	0.39	0.39	-
Long-Term Deferred Tax Liabilities	-	-	-	-	-	2.76
Total Liabilities	0.11	0.37	1.39	0.98	5.15	38.15
Common Stock	18.11	18.11	18.11	18.11	18.11	18.11
Retained Earnings	-12.48	-12.47	-11.87	-11.37	-10.48	-46.7
Comprehensive Income & Other	1.3	1.3	1.3	1.3	1.3	21.34
Shareholders' Equity	6.93	6.95	7.54	8.05	8.94	-7.26
Total Liabilities & Equity	7.04	7.31	8.94	9.03	14.09	30.89
Total Debt	0	0.01	0.8	0.4	1.19	26.2
Net Cash (Debt)	6.5	6.47	6.64	7.45	-0.53	-25.16
Net Cash Growth	6.84%	-2.52%	-10.89%	-	-	-
Net Cash Per Share	0.16	0.16	0.17	0.19	-0.01	-0.63
Filing Date Shares Outstanding	40	40	40	40	40	40
Total Common Shares Outstanding	40	40	40	40	40	40
Working Capital	6.87	6.83	7.12	7.95	7.89	-33.58
Book Value Per Share	0.17	0.17	0.19	0.20	0.22	-0.18
Tangible Book Value	6.93	6.95	7.54	8.05	8.94	-7.26
Tangible Book Value Per Share	0.17	0.17	0.19	0.20	0.22	-0.18
Land	-	-	-	-	-	24.85
Machinery	-	2.29	0.14	2.27	2.86	5.33
Construction In Progress	-	-	-	-	-	0

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