Rockwool Balance Sheet

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

Millions EUR. 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	207	108	403	354	209	166
Cash & Short-Term Investments	207	108	403	354	209	166
Cash Growth	-58.52%	-73.20%	13.84%	69.38%	25.90%	-31.12%
Accounts Receivable	630	333	338	337	347	307
Other Receivables	-	93	88	97	107	137
Receivables	630	426	426	434	454	444
Inventory	387	374	381	375	433	317
Prepaid Expenses	-	42	31	30	31	24
Total Current Assets	1,224	950	1,241	1,193	1,127	951
Property, Plant & Equipment	2,523	2,414	2,336	2,151	2,075	1,890
Long-Term Investments	-	12	11	11	9	8
Goodwill	-	114	136	98	107	102
Other Intangible Assets	181	65	77	47	58	74
Long-Term Deferred Tax Assets	68	57	62	46	48	52
Other Long-Term Assets	41	30	25	8	4	3
Total Assets	4,037	3,642	3,888	3,554	3,428	3,080
Accounts Payable	-	243	256	241	270	283
Accrued Expenses	-	3	5	4	3	2
Short-Term Debt	-	12	1	1	7	1
Current Portion of Long-Term Debt	-	153	22	13	102	9
Current Portion of Leases	-	33	28	29	24	19
Current Income Taxes Payable	-	50	79	41	26	26
Other Current Liabilities	961	177	206	222	210	183
Total Current Liabilities	961	671	597	551	642	523
Long-Term Debt	-	29	16	24	39	17
Long-Term Leases	-	49	55	48	61	44
Pension & Post-Retirement Benefits	-	39	42	39	32	35
Long-Term Deferred Tax Liabilities	-	86	72	66	55	51
Other Long-Term Liabilities	248	27	20	22	19	16
Total Liabilities	1,209	901	802	750	848	686
Common Stock	28	28	29	29	29	29
Retained Earnings	2,823	2,916	3,220	2,949	2,669	2,500
Comprehensive Income & Other	-23	-203	-164	-174	-118	-135
Total Common Equity	2,828	2,741	3,085	2,804	2,580	2,394
Minority Interest	-	-	1	-	-	-
Shareholders' Equity	2,828	2,741	3,086	2,804	2,580	2,394
Total Liabilities & Equity	4,037	3,642	3,888	3,554	3,428	3,080
Total Debt	-	276	122	115	233	90
Net Cash (Debt)	207	-168	281	239	-24	76
Net Cash Growth	-58.52%	-	17.57%	-	-	-20.00%
Net Cash Per Share	1.03	-0.82	1.31	1.11	-0.11	0.35
Filing Date Shares Outstanding	212.5	207.05	211.4	215.7	215.73	215.64
Total Common Shares Outstanding	212.5	207.05	211.4	215.7	215.73	215.64
Working Capital	263	279	644	642	485	428
Book Value Per Share	13.31	13.24	14.59	13.00	11.96	11.10
Tangible Book Value	2,647	2,562	2,872	2,659	2,415	2,218
Tangible Book Value Per Share	12.46	12.37	13.59	12.33	11.19	10.29
Land	-	185	192	121	121	119
Buildings	-	1,481	1,428	1,320	1,322	1,239
Machinery	-	3,200	3,073	2,870	2,718	2,600
Construction In Progress	-	562	389	432	359	273

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