Label Vie Balance Sheet

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

Millions MAD. 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	1,594	2,075	1,266	765.31	718.39
Short-Term Investments	841.49	175.52	178	236.85	218.57
Cash & Short-Term Investments	2,436	2,251	1,444	1,002	936.95
Cash Growth	8.22%	55.90%	44.06%	6.96%	-13.66%
Accounts Receivable	1,046	1,127	889.97	933.21	791.65
Other Receivables	1,135	1,024	1,018	860.19	795.72
Receivables	2,181	2,151	1,908	1,793	1,587
Inventory	4,554	3,468	2,735	2,453	1,960
Prepaid Expenses	13.9	19.63	12.84	-	-
Other Current Assets	258.55	0.35	0.37	0.96	0.12
Total Current Assets	9,443	7,890	6,099	5,250	4,484
Property, Plant & Equipment	4,151	3,659	3,275	2,903	3,464
Long-Term Investments	1,284	1,818	2,225	2,215	1,064
Goodwill	454.71	465.99	448.34	439.84	448.08
Other Intangible Assets	2,017	454.29	270.91	142.09	714.31
Long-Term Deferred Charges	-	1,012	889.36	814.21	-
Other Long-Term Assets	154.29	159.63	159.39	33.35	32.88
Total Assets	17,505	15,459	13,367	11,797	10,207
Accounts Payable	6,155	5,270	4,639	4,382	3,711
Accrued Expenses	415.43	331.35	345.47	399.64	413.83
Short-Term Debt	650	500	240	200	100
Current Portion of Long-Term Debt	-	1,383	-	-	-
Other Current Liabilities	24.41	4.31	32.74	9.27	1.87
Total Current Liabilities	7,245	7,489	5,257	4,991	4,227
Long-Term Debt	6,391	4,341	4,853	3,833	3,528
Other Long-Term Liabilities	93.53	128.15	36.66	33.28	23.43
Total Liabilities	13,730	11,958	10,147	8,857	7,778
Common Stock	289.4	289.4	289.4	289.4	283.9
Additional Paid-In Capital	1,098	1,125	1,125	1,125	1,151
Retained Earnings	607.73	709.86	794.79	887.65	558.87
Comprehensive Income & Other	1,675	1,285	938.67	582.12	394.36
Total Common Equity	3,670	3,410	3,148	2,884	2,388
Minority Interest	104.32	91.02	72.04	55.91	41.89
Shareholders' Equity	3,774	3,501	3,220	2,940	2,430
Total Liabilities & Equity	17,505	15,459	13,367	11,797	10,207
Total Debt	7,041	6,224	5,093	4,033	3,628
Net Cash (Debt)	-4,606	-3,973	-3,650	-3,030	-2,691
Net Cash Per Share	-1591.44	-1931.70	-1301.20	-1066.81	-970.94
Filing Date Shares Outstanding	2.89	2.89	2.89	2.84	2.84
Total Common Shares Outstanding	2.89	2.89	2.89	2.84	2.84
Working Capital	2,198	400.52	841.92	258.62	257.63
Book Value Per Share	1268.21	1178.23	1087.74	1015.93	841.03
Tangible Book Value	1,198	2,489	2,429	2,302	1,225
Tangible Book Value Per Share	414.02	860.23	839.21	810.95	431.59
Land	445.4	449.42	475.33	480.67	922.21
Buildings	1,019	903.09	804.38	743.07	1,189
Machinery	3,849	3,232	2,842	2,561	2,291
Construction In Progress	630.8	630.61	552.95	329.42	294.25

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