BVB:TTS 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	80.24	129.24	193.72	146.03	58.9
Short-Term Investments	-	-	35.91	-	-
Cash & Short-Term Investments	80.24	129.24	229.63	146.03	58.9
Cash Growth	-37.92%	-43.71%	57.24%	147.93%	6.78%
Accounts Receivable	68	59.61	61.61	92.25	45.75
Other Receivables	11.34	20.31	37.9	34.96	6.75
Receivables	79.34	79.92	99.51	127.21	52.49
Inventory	26.47	27.68	38.62	43.43	33
Other Current Assets	20	3.79	1.89	7.71	3.9
Total Current Assets	206.04	240.63	369.64	324.38	148.3
Property, Plant & Equipment	1,078	988.24	923.15	666.23	631.86
Long-Term Investments	8.49	8.98	9.16	8.48	7.96
Goodwill	32.32	32.32	32.32	3.85	3.85
Other Intangible Assets	1.17	1.21	1.31	1.38	1.67
Other Long-Term Assets	4.55	4.66	3.82	0.69	3.34
Total Assets	1,330	1,276	1,339	1,005	796.97
Accounts Payable	27.29	31.55	34.37	42.21	23.88
Accrued Expenses	-	16.28	27.91	18.47	12.32
Short-Term Debt	50.94	35.43	15.43	14.22	25.47
Current Portion of Long-Term Debt	-	20.65	20.62	12.61	15.84
Current Portion of Leases	2.43	0.4	0.39	0.06	-
Current Income Taxes Payable	0.93	0.71	13.43	10.99	1.88
Current Unearned Revenue	9.65	6.36	9.86	13.77	-
Other Current Liabilities	30.67	12.57	13.28	8.54	18.46
Total Current Liabilities	121.91	123.95	135.28	120.86	97.85
Long-Term Debt	106.28	58.85	81.31	40.88	26.82
Long-Term Leases	49.53	0.69	1.1	0.26	-
Long-Term Unearned Revenue	17.06	17.82	18.53	14.92	-
Long-Term Deferred Tax Liabilities	18.41	19.65	16.22	9.3	9.39
Other Long-Term Liabilities	-	0.01	-	0.38	0.39
Total Liabilities	313.19	220.97	252.44	186.61	134.45
Common Stock	181.74	181.74	61.74	61.74	31.74
Retained Earnings	323.9	383.83	607.04	363.71	290.56
Treasury Stock	-	-2.97	-	-	-
Comprehensive Income & Other	375.97	358.92	285.76	276.34	233.88
Total Common Equity	881.61	921.52	954.54	701.78	556.18
Minority Interest	135.34	133.56	132.42	116.62	106.35
Shareholders' Equity	1,017	1,055	1,087	818.4	662.53
Total Liabilities & Equity	1,330	1,276	1,339	1,005	796.97
Total Debt	209.18	116.01	118.86	68.03	68.13
Net Cash (Debt)	-128.95	13.23	110.77	78	-9.22
Net Cash Growth	-	-88.05%	42.00%	-	-
Net Cash Per Share	-0.72	0.13	0.62	0.43	-0.05
Filing Date Shares Outstanding	180	101.6	180	180	180
Total Common Shares Outstanding	180	101.6	180	180	180
Working Capital	84.12	116.68	234.35	203.52	50.45
Book Value Per Share	4.90	9.07	5.30	3.90	3.09
Tangible Book Value	848.12	887.99	920.9	696.56	550.67
Tangible Book Value Per Share	4.71	8.74	5.12	3.87	3.06
Land	-	13.85	13.78	13.78	10.38
Buildings	-	308.54	288.81	187.75	188.97
Machinery	-	841.83	856.71	644.3	555.03
Construction In Progress	-	66.84	76.68	54.67	40.51

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.