Comvex 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	Jun '25 Jun 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	46.89	49.2	107.91	103.31	18.46	11.66
Cash & Short-Term Investments	46.89	49.2	107.91	103.31	18.46	11.66
Cash Growth	-1.57%	-54.40%	4.45%	459.50%	58.36%	-25.01%
Accounts Receivable	43.85	22.93	53.86	48.65	25.81	18.11
Other Receivables	-	10.74	1.85	3.65	1.31	2.13
Receivables	43.85	33.66	55.71	52.3	27.12	20.24
Inventory	35.37	36.54	35.9	26.33	20.9	17.23
Prepaid Expenses	2.56	2.23	1.81	2.38	2.7	1.44
Total Current Assets	128.68	121.64	201.33	184.31	69.18	50.57
Property, Plant & Equipment	510.81	511.07	419.53	426.05	434.4	443.6
Long-Term Investments	-	0	0	0	0	0
Other Intangible Assets	0.43	0.55	0.58	0.68	1.14	1.65
Other Long-Term Assets	7.91	2.98	2.72	3.49	4.74	5.79
Total Assets	647.82	636.25	624.16	614.54	509.46	501.61
Accounts Payable	-	35.98	40.8	40.59	16.22	19.66
Current Portion of Long-Term Debt	-	32.65	30.4	32.71	32.71	35.59
Current Income Taxes Payable	-	-	-	0.99	-	-
Current Unearned Revenue	0.75	1.49	0.54	0.5	0.5	0.49
Other Current Liabilities	109.81	25.68	19.24	21.8	6.13	4.51
Total Current Liabilities	110.56	95.81	90.98	96.59	55.57	60.25
Long-Term Debt	71.03	69.5	84.75	109.58	127.46	147.89
Long-Term Unearned Revenue	12.9	11.75	4.03	4.3	4.73	5.11
Other Long-Term Liabilities	7.66	10.25	20.44	21.56	13.55	12.6
Total Liabilities	202.15	187.31	200.2	232.03	201.32	225.85
Common Stock	29.14	29.14	29.14	29.14	29.14	29.14
Additional Paid-In Capital	0.04	0.04	0.04	0.04	0.04	0.04
Retained Earnings	201.99	216.3	262.53	223.72	144.51	107.33
Comprehensive Income & Other	214.5	203.46	132.26	129.61	134.46	139.24
Shareholders' Equity	445.67	448.94	423.97	382.51	308.15	275.76
Total Liabilities & Equity	647.82	636.25	624.16	614.54	509.46	501.61
Total Debt	71.03	102.15	115.15	142.28	160.18	183.48
Net Cash (Debt)	-24.14	-52.95	-7.24	-38.98	-141.71	-171.82
Net Cash Per Share	-2.07	-4.54	-0.62	-3.34	-12.16	-14.74
Filing Date Shares Outstanding	11.66	11.66	11.66	11.66	11.66	11.66
Total Common Shares Outstanding	11.66	11.66	11.66	11.66	11.66	11.66
Working Capital	18.12	25.84	110.35	87.73	13.61	-9.68
Book Value Per Share	38.24	38.52	36.37	32.82	26.44	23.66
Tangible Book Value	445.24	448.39	423.38	381.82	307.01	274.11
Tangible Book Value Per Share	38.20	38.47	36.32	32.76	26.34	23.52
Land	-	0.29	0.04	0.04	0.04	-
Buildings	-	230.75	194.56	187.99	187.57	182.4
Machinery	-	234.84	269.33	258.75	253.68	241.75
Construction In Progress	-	45.19	23.2	23.5	14.07	19.44

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