S.P.E.E.H. Hidroelectrica S.A. (BVB:H2O)

S.P.E.E.H. Hidroelectrica Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	1,039	1,188	1,582	407.63	660.73	1,105
Short-Term Investments	3,549	3,732	3,476	4,349	3,035	2,561
Accounts Receivable	1,883	1,698	1,634	3,048	1,351	663.53
Other Receivables	1.34	1.95	0.89	0.73	41.65	9.19
Inventory	138.93	123.81	94	70.92	72.43	65.31
Prepaid Expenses	183.46	55.15	14.1	37.97	60.64	29.78
Restricted Cash	49.33	32.07	21.06	101.06	-	10.26
Other Current Assets	76.49	7.86	8.93	24.25	13.11	74.11
Total Current Assets	6,921	6,839	6,830	8,040	5,234	4,519
Property, Plant & Equipment	19,299	19,399	19,816	20,393	19,521	18,001
Other Intangible Assets	33.9	66.72	53.85	39.31	6.25	7.19
Long-Term Investments	-	-	-	353.4	351.34	-
Long-Term Deferred Tax Assets	-	-	-	-	-	15.08
Other Long-Term Assets	352.97	397.39	276.76	283.52	319.29	219.92
Total Assets	26,607	26,702	26,977	29,109	25,432	22,762

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	907.21	777.32	429.68	407.61	283	171.42
Accrued Expenses	237.44	167.02	146.07	159.37	211.44	273.02
Current Portion of Long-Term Debt	97.62	94.96	92.89	93.28	94	93.88
Current Unearned Revenue	50.37	54	103.93	47.44	90.38	99.06
Current Portion of Leases	10.67	10.14	9.24	5.05	7.83	3.59
Current Income Taxes Payable	239.72	180.64	60.33	145.41	171.98	123.39
Other Current Liabilities	1,679	239.39	210.06	213.92	146.11	243.63
Total Current Liabilities	3,222	1,523	1,052	1,072	1,005	1,008
Long-Term Debt	73.04	118.36	207.85	300.25	390.49	483.92
Long-Term Leases	57.92	61.51	70.11	61.26	7.57	8.91
Long-Term Unearned Revenue	185.24	147.06	156.67	131.51	181.52	187.17
Pension & Post-Retirement Benefits	140.38	139.9	128.6	128.44	121.84	122.95
Long-Term Deferred Tax Liabilities	1,382	1,397	1,460	1,504	1,316	1,017
Other Long-Term Liabilities	1,100	1,090	1,005	845.4	823.28	750.03
Total Liabilities	6,161	4,477	4,081	4,043	3,845	3,578

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	5,527	4,498	4,498	4,498	4,485	4,485
Retained Earnings	3,044	5,441	5,647	7,321	4,955	3,960
Comprehensive Income & Other	11,875	12,286	12,752	13,248	12,147	10,739
Shareholders' Equity	20,446	22,225	22,896	25,067	21,587	19,184
Total Liabilities & Equity	26,607	26,702	26,977	29,109	25,432	22,762

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	239.25	284.96	380.09	459.84	499.89	590.3
Net Cash (Debt)	4,349	4,635	4,677	4,297	3,196	3,076
Net Cash Growth	43.32%	-0.91%	8.85%	34.48%	3.89%	51.38%
Net Cash Per Share	9.67	10.30	10.40	9.57	7.13	6.86
Filing Date Shares Outstanding	449.8	449.8	449.8	449.8	448.46	448.45
Total Common Shares Outstanding	449.8	449.8	449.8	449.8	448.46	448.45
Working Capital	3,698	5,315	5,778	6,968	4,229	3,511
Book Value Per Share	45.45	49.41	50.90	55.73	48.14	42.78
Tangible Book Value	20,412	22,158	22,843	25,027	21,581	19,176
Tangible Book Value Per Share	45.38	49.26	50.78	55.64	48.12	42.76
Land	-	539.68	542.56	524.95	597.15	631.99
Buildings	-	16,513	16,445	16,344	15,054	13,496
Machinery	-	3,181	3,084	2,888	2,982	3,004
Construction In Progress	-	966.18	670.04	665.36	918.03	905.55

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 24, 2026

Data Sources Report a data error