Aerostar Balance Sheet

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

Millions RON. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	313.35	260.4	245.79	246.17	274.47
Cash & Short-Term Investments	313.35	260.4	245.79	246.17	274.47
Cash Growth	20.33%	5.94%	-0.15%	-10.31%	35.43%
Accounts Receivable	124.76	102.8	84.89	80.68	56.37
Other Receivables	-	7.97	5.55	3.3	3.43
Receivables	124.76	110.77	90.44	83.98	59.8
Inventory	209.75	206.21	161.04	130.61	98.77
Prepaid Expenses	0.9	1.05	0.79	0.62	0.58
Total Current Assets	648.76	578.43	498.06	461.38	433.62
Property, Plant & Equipment	147.34	161.47	161.23	167.93	165.69
Long-Term Investments	75.45	46.09	57.69	58.99	0.05
Other Intangible Assets	1.54	1.79	1.81	0.86	0.69
Long-Term Deferred Tax Assets	19.87	20.1	20.32	18.05	15.79
Other Long-Term Assets	5.91	6.64	7.34	6.55	6.4
Total Assets	898.86	814.52	746.45	713.76	622.23
Accounts Payable	52.3	47.45	34.34	33.62	23.76
Accrued Expenses	-	20.37	17.12	18.28	16.16
Current Income Taxes Payable	0.61	0.01	-	0.27	2.22
Current Unearned Revenue	5.77	13.87	16.29	13.89	4.99
Other Current Liabilities	51.25	37.6	43	33.54	24.36
Total Current Liabilities	109.93	119.29	110.75	99.6	71.49
Long-Term Leases	1.48	1.47	1.49	1.5	1.53
Long-Term Unearned Revenue	0.47	0.72	1.55	2.01	3.03
Long-Term Deferred Tax Liabilities	35.6	28.83	25.19	21.68	19.42
Other Long-Term Liabilities	41.18	43.87	55.51	95.27	105.38
Total Liabilities	188.66	194.19	194.49	220.05	200.84
Common Stock	48.73	48.73	48.73	48.73	48.73
Retained Earnings	143.69	131.37	116.68	133.25	105.43
Comprehensive Income & Other	517.78	440.24	386.55	311.73	267.23
Shareholders' Equity	710.21	620.33	551.96	493.71	421.39
Total Liabilities & Equity	898.86	814.52	746.45	713.76	622.23
Total Debt	1.48	1.47	1.49	1.5	1.53
Net Cash (Debt)	311.87	258.94	244.3	244.67	272.95
Net Cash Growth	20.44%	5.99%	-0.15%	-10.36%	34.68%
Net Cash Per Share	2.05	1.70	1.60	1.61	1.79
Filing Date Shares Outstanding	152.28	152.28	152.28	152.28	152.28
Total Common Shares Outstanding	152.28	152.28	152.28	152.28	152.28
Working Capital	538.83	459.14	387.31	361.79	362.13
Book Value Per Share	4.66	4.07	3.62	3.24	2.77
Tangible Book Value	708.67	618.55	550.15	492.85	420.7
Tangible Book Value Per Share	4.65	4.06	3.61	3.24	2.76
Land	-	31.17	30.89	29.53	29.27
Buildings	-	101.42	98.35	96.63	95.19
Machinery	-	255.21	234.96	206.47	197.73
Construction In Progress	-	1.68	0.73	15.18	1.45

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.