North Media 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
Cash & Equivalents	112.6	38.9	160.4	186.8	129.7
Short-Term Investments	814.7	854.4	652.4	577.5	753.1
Cash & Short-Term Investments	927.3	893.3	812.8	764.3	882.8
Cash Growth	3.81%	9.90%	6.35%	-13.42%	19.48%
Accounts Receivable	73.5	87.8	84.2	55.2	57.5
Other Receivables	39.4	31.6	35.9	1.3	7.8
Receivables	112.9	119.4	120.1	56.5	65.3
Inventory	5.2	8.5	6	5.8	5.6
Prepaid Expenses	-	-	-	15.7	16.3
Total Current Assets	1,045	1,021	938.9	842.3	970
Property, Plant & Equipment	318.5	342	322.1	286.9	289.6
Long-Term Investments	20.3	20.5	17.8	18.7	10.3
Goodwill	41	41	146.4	40	39.1
Other Intangible Assets	114.6	114.2	187.1	11.7	10.3
Long-Term Deferred Tax Assets	-	-	-	10.4	0.1
Other Long-Term Assets	1.5	0.6	0.6	1.3	1.2
Total Assets	1,541	1,540	1,613	1,211	1,321
Accounts Payable	43.7	76.4	66	30.9	44.7
Accrued Expenses	31.7	30.5	82.2	22.7	28.1
Current Portion of Long-Term Debt	5	4.9	4.9	4.8	4.8
Current Portion of Leases	15.6	19.4	14.6	3.4	3.4
Current Income Taxes Payable	28.6	13.2	26.2	10.3	-
Current Unearned Revenue	1.4	9.2	7.1	7.1	5.4
Other Current Liabilities	63.8	77.1	63	26.2	37.6
Total Current Liabilities	189.8	230.7	264	105.4	124
Long-Term Debt	93.8	98.7	103.7	108.6	113.3
Long-Term Leases	18.1	33.2	31.1	1.9	3.3
Long-Term Deferred Tax Liabilities	26.1	30.6	37.4	-	-
Other Long-Term Liabilities	-	-	20.3	-	-
Total Liabilities	327.8	393.2	456.5	215.9	240.6
Common Stock	100.3	100.3	100.3	100.3	100.3
Retained Earnings	1,114	1,048	1,056	895.1	982.6
Comprehensive Income & Other	-0.7	-1.7	-0.3	-	-2.9
Total Common Equity	1,214	1,146	1,156	995.4	1,080
Shareholders' Equity	1,214	1,146	1,156	995.4	1,080
Total Liabilities & Equity	1,541	1,540	1,613	1,211	1,321
Total Debt	132.5	156.2	154.3	118.7	124.8
Net Cash (Debt)	794.8	737.1	658.5	645.6	758
Net Cash Growth	7.83%	11.94%	2.00%	-14.83%	25.04%
Net Cash Per Share	43.91	40.72	35.59	34.90	40.75
Filing Date Shares Outstanding	18.02	18.02	17.97	18.43	18.15
Total Common Shares Outstanding	18.02	18.02	17.97	18.43	18.15
Working Capital	855.6	790.5	674.9	736.9	846
Book Value Per Share	67.32	63.60	64.35	54.02	59.52
Tangible Book Value	1,058	991.1	822.9	943.7	1,031
Tangible Book Value Per Share	58.69	54.99	45.79	51.22	56.79
Land	468.6	482.2	443.6	404	391.4
Machinery	290.7	288	272.5	256.4	249.5

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