Cemat Balance Sheet

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

Millions DKK. 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
Property, Plant & Equipment	221.89	218.15	196.37	157.97	137.32
Cash & Equivalents	40.49	10.27	12.1	7.14	16.2
Accounts Receivable	8.92	2.92	2.52	2.2	1.73
Other Receivables	1.86	3.79	4.39	0.47	0.26
Other Current Assets	89.3	106.91	45.8	33.36	25.03
Other Long-Term Assets	0.95	0.31	0.24	0.37	0.27
Total Assets	363.41	342.35	261.42	201.51	180.82
Current Portion of Leases	1.86	1.62	1.65	0.82	0.94
Long-Term Leases	24.28	24.96	23.96	13.13	15.75
Accounts Payable	3.12	12.72	10.09	1.72	1.45
Accrued Expenses	2.54	2.54	1.38	0.06	1.3
Current Income Taxes Payable	3.09	0.33	0.24	0.22	0.02
Current Unearned Revenue	14.91	46.49	5.97	-	-
Other Current Liabilities	2.64	0.98	0.8	0.37	1.21
Long-Term Deferred Tax Liabilities	47.71	38.27	34.76	30	25.64
Other Long-Term Liabilities	6.43	6.27	4.48	3.26	2.17
Total Liabilities	106.59	151.18	86.68	50.61	49.45
Common Stock	5	5	5	5	5
Retained Earnings	244.55	182.13	170.08	159.44	139
Comprehensive Income & Other	-9.19	-11.44	-14.47	-26.12	-23.88
Total Common Equity	240.36	175.69	160.6	138.32	120.12
Minority Interest	16.47	15.48	14.14	12.58	11.25
Shareholders' Equity	256.83	191.17	174.74	150.9	131.37
Total Liabilities & Equity	363.41	342.35	261.42	201.51	180.82
Total Debt	26.15	43.6	28.97	14.98	17.67
Net Cash (Debt)	14.34	-33.34	-16.87	-7.84	-1.47
Net Cash Per Share	0.06	-0.13	-0.07	-0.03	-0.01
Filing Date Shares Outstanding	249.85	249.85	249.85	249.85	249.85
Total Common Shares Outstanding	249.85	249.85	249.85	249.85	249.85
Book Value Per Share	0.96	0.70	0.64	0.55	0.48
Tangible Book Value	240.36	175.69	160.6	138.32	120.12
Tangible Book Value Per Share	0.96	0.70	0.64	0.55	0.48