Turbomecanica Balance Sheet

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

Millions RON. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	9.42	9.47	3.45	0.78	12.04	18.96
Short-Term Investments	8.02	-	22	18	5.88	-
Cash & Short-Term Investments	17.44	9.47	25.45	18.78	17.92	18.96
Cash Growth	-49.38%	-62.80%	35.51%	4.79%	-5.47%	268.27%
Accounts Receivable	10.49	39.45	34.64	41.68	40.93	32.22
Other Receivables	4.68	1.55	1.27	1.49	1.53	1.25
Receivables	15.18	41	35.91	43.17	42.46	33.47
Inventory	105.95	89.95	99.92	80.75	55.66	59.34
Prepaid Expenses	-	0.71	0.42	0.5	0.41	0.27
Other Current Assets	0.97	0.11	2.48	2.82	3.15	0.91
Total Current Assets	139.53	141.24	164.18	146.02	119.61	112.96
Property, Plant & Equipment	87.38	89.04	85.97	90.61	56.19	63.58
Other Intangible Assets	0.78	0.73	1.36	0.77	0.44	0.94
Other Long-Term Assets	0.01	1.04	6.78	8.54	5.19	0.01
Total Assets	227.7	232.05	258.29	245.95	181.42	177.49
Accounts Payable	3.45	2.14	6.4	7.96	5.72	4.27
Accrued Expenses	-	9.24	10.16	10.86	10.37	4.12
Short-Term Debt	33.66	23.25	28.08	18.99	26.17	26.79
Current Portion of Leases	-	5.29	3.85	1.77	0.95	1.11
Current Income Taxes Payable	1.3	0.75	1.37	1.87	2.22	1.93
Current Unearned Revenue	13.06	17.83	31.21	32.7	-	-
Other Current Liabilities	10.29	5.38	4.7	4.36	3.9	11.14
Total Current Liabilities	61.75	63.88	85.76	78.52	49.32	49.36
Long-Term Debt	-	-	4.37	4.66	4.63	-
Long-Term Leases	8.47	16.76	9.92	10.14	1.86	2.06
Pension & Post-Retirement Benefits	-	0.91	0.86	0.8	0.81	1.15
Long-Term Deferred Tax Liabilities	4.16	4.16	4.9	5.82	2.05	3.99
Other Long-Term Liabilities	4.33	-	-	-0	-	0.34
Total Liabilities	78.72	85.72	105.81	99.93	58.67	56.89
Common Stock	36.94	36.94	36.94	36.94	36.94	36.94
Retained Earnings	30.54	33.76	39.87	28.46	25.34	9.19
Treasury Stock	-	-	-0.6	-0.6	-0.6	-0.6
Comprehensive Income & Other	81.5	75.63	76.26	81.21	61.06	75.07
Shareholders' Equity	148.98	146.33	152.48	146.02	122.75	120.6
Total Liabilities & Equity	227.7	232.05	258.29	245.95	181.42	177.49
Total Debt	42.13	45.3	46.22	35.56	33.6	29.95
Net Cash (Debt)	-24.69	-35.83	-20.77	-16.78	-15.68	-10.99
Net Cash Per Share	-	-0.10	-0.06	-0.05	-0.04	-0.03
Filing Date Shares Outstanding	-	369.44	369.44	369.44	363.45	363.45
Total Common Shares Outstanding	-	369.44	369.44	369.44	363.45	363.45
Working Capital	77.78	77.36	78.41	67.5	70.28	63.6
Book Value Per Share	-	0.40	0.41	0.40	0.34	0.33
Tangible Book Value	148.2	145.6	151.12	145.24	122.32	119.66
Tangible Book Value Per Share	-	0.39	0.41	0.39	0.34	0.33
Land	-	27.13	27.13	27.13	16.64	16.64
Buildings	-	13.87	13.87	13.7	13.74	13.74
Machinery	-	64.91	52.06	45.59	42.56	40.5
Construction In Progress	-	4.32	3.65	4.2	2.67	2.58

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