Norofert 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	0.49	2.7	0.42	1.68	2.12	0.35
Cash & Short-Term Investments	0.49	2.7	0.42	1.68	2.12	0.35
Cash Growth	-57.51%	543.55%	-75.13%	-20.36%	506.82%	-58.79%
Accounts Receivable	32.34	27.86	21.92	32.14	40.74	23.18
Other Receivables	13.47	14.33	8.69	9.5	3.49	-
Receivables	45.81	42.19	30.61	41.64	44.23	23.18
Inventory	15.53	13.24	15.22	12.78	6.98	9.92
Prepaid Expenses	1.26	0.69	0.06	0.15	0.67	0.03
Other Current Assets	-	-	-	-	-	2.77
Total Current Assets	63.09	58.82	46.32	56.26	53.99	36.24
Property, Plant & Equipment	20.1	22.67	16.5	15.29	6.47	2.16
Long-Term Investments	9.26	5.59	5.24	4.55	0.12	0.43
Other Intangible Assets	5.18	0.04	0	0.01	0.02	0
Long-Term Deferred Charges	-	0.71	0.71	0.55	-	-
Other Long-Term Assets	0.01	0	-	0.27	3.12	0.38
Total Assets	97.64	87.82	68.77	76.93	63.73	39.22
Accounts Payable	16.85	11.16	6.81	10.15	8.93	4.35
Short-Term Debt	19.32	12	12.5	14.45	5.31	1.15
Current Portion of Leases	0.67	3.36	0.48	0.32	-	0.2
Other Current Liabilities	7.97	12.75	1.62	3.07	4.37	2.98
Total Current Liabilities	44.81	39.27	21.4	27.98	18.61	8.67
Long-Term Debt	20.16	22.17	23.97	20.12	18.32	12.18
Long-Term Leases	1.19	1.2	1.03	1.02	0.09	0.9
Long-Term Unearned Revenue	0.78	0.33	0.88	2.78	6.04	0.04
Other Long-Term Liabilities	2.58	0.09	0.1	0.14	0.15	-
Total Liabilities	69.53	63.06	47.39	52.04	43.22	21.79
Common Stock	7.25	7.25	6.95	6.86	6.86	3.21
Additional Paid-In Capital	14.72	14.72	14.72	13.45	13.45	6.46
Retained Earnings	6.13	2.78	-0.31	4.56	0.19	7.75
Comprehensive Income & Other	0.01	0.01	0.02	0.02	0.01	0.01
Shareholders' Equity	28.11	24.76	21.38	24.89	20.51	17.42
Total Liabilities & Equity	97.64	87.82	68.77	76.93	63.73	39.22
Total Debt	41.34	38.73	37.98	35.9	23.73	14.43
Net Cash (Debt)	-40.85	-36.03	-37.56	-34.22	-21.61	-14.08
Net Cash Per Share	-	-2.07	-2.19	-2.00	-	-0.88
Filing Date Shares Outstanding	-	17.38	17.15	17.15	-	16.05
Total Common Shares Outstanding	-	17.38	17.15	17.15	-	16.05
Working Capital	18.28	19.55	24.91	28.28	35.38	27.57
Book Value Per Share	-	1.42	1.25	1.45	-	1.09
Tangible Book Value	22.93	24.72	21.38	24.88	20.49	17.42
Tangible Book Value Per Share	-	1.42	1.25	1.45	-	1.09
Land	-	-	-	-	0.93	-
Buildings	-	-	-	-	1.38	-
Machinery	-	-	-	-	4.89	-
Construction In Progress	-	-	-	-	0.25	-

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