Comvex 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	33.57	49.2	107.91	103.31	18.46
Cash & Short-Term Investments	33.57	49.2	107.91	103.31	18.46
Cash Growth	-31.76%	-54.40%	4.45%	459.50%	58.36%
Accounts Receivable	19.63	22.93	53.86	48.65	25.81
Other Receivables	18.7	10.74	1.85	3.65	1.31
Receivables	38.33	33.66	55.71	52.3	27.12
Inventory	36.16	36.54	35.9	26.33	20.9
Prepaid Expenses	1.95	2.23	1.81	2.38	2.7
Total Current Assets	110.02	121.64	201.33	184.31	69.18
Property, Plant & Equipment	542.64	511.07	419.53	426.05	434.4
Long-Term Investments	0	0	0	0	0
Other Intangible Assets	0.37	0.55	0.58	0.68	1.14
Other Long-Term Assets	7.48	2.98	2.72	3.49	4.74
Total Assets	660.51	636.25	624.16	614.54	509.46
Accounts Payable	52.78	35.98	40.8	40.59	16.22
Current Portion of Long-Term Debt	37.67	32.65	30.4	32.71	32.71
Current Income Taxes Payable	-	-	-	0.99	-
Current Unearned Revenue	1.74	1.49	0.54	0.5	0.5
Other Current Liabilities	23.63	25.68	19.24	21.8	6.13
Total Current Liabilities	115.82	95.81	90.98	96.59	55.57
Long-Term Debt	65.5	69.5	84.75	109.58	127.46
Long-Term Unearned Revenue	22.28	11.75	4.03	4.3	4.73
Other Long-Term Liabilities	7.63	10.25	20.44	21.56	13.55
Total Liabilities	211.23	187.31	200.2	232.03	201.32
Common Stock	29.14	29.14	29.14	29.14	29.14
Additional Paid-In Capital	0.04	0.04	0.04	0.04	0.04
Retained Earnings	213.64	216.3	262.53	223.72	144.51
Comprehensive Income & Other	206.46	203.46	132.26	129.61	134.46
Shareholders' Equity	449.28	448.94	423.97	382.51	308.15
Total Liabilities & Equity	660.51	636.25	624.16	614.54	509.46
Total Debt	103.17	102.15	115.15	142.28	160.18
Net Cash (Debt)	-69.6	-52.95	-7.24	-38.98	-141.71
Net Cash Per Share	-5.97	-4.54	-0.62	-3.34	-12.16
Filing Date Shares Outstanding	11.66	11.66	11.66	11.66	11.66
Total Common Shares Outstanding	11.66	11.66	11.66	11.66	11.66
Working Capital	-5.8	25.84	110.35	87.73	13.61
Book Value Per Share	38.55	38.52	36.37	32.82	26.44
Tangible Book Value	448.91	448.39	423.38	381.82	307.01
Tangible Book Value Per Share	38.51	38.47	36.32	32.76	26.34
Land	0.29	0.29	0.04	0.04	0.04
Buildings	257.3	230.75	194.56	187.99	187.57
Machinery	248.77	234.84	269.33	258.75	253.68
Construction In Progress	56.2	45.19	23.2	23.5	14.07

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