Ermes Department Stores Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	0.95	0.55	2.24	1.22	10.95	2.14
Short-Term Investments	-	4.57	1.44	1.33	0.55	-
Cash & Short-Term Investments	0.95	5.12	3.68	2.55	11.5	2.14
Cash Growth	28.34%	39.02%	44.48%	-77.84%	437.17%	44.07%
Accounts Receivable	0.13	0.31	0.55	0.55	0.4	0.7
Other Receivables	0.12	-	0.05	0.05	-	0.77
Receivables	4.78	0.31	0.6	0.6	0.4	2.21
Inventory	2.07	8.12	31.48	29.3	-	24.42
Prepaid Expenses	0.59	0.62	0.79	0.93	0.04	1.05
Other Current Assets	43.31	87.07	1.48	1.05	-	-
Total Current Assets	51.7	101.25	38.03	34.43	11.94	29.82
Property, Plant & Equipment	11.76	62	116.27	117.68	4.86	101.17
Long-Term Investments	0	8.48	8.14	8.5	2.08	0
Goodwill	-	-	14.44	16.54	-	16.71
Other Intangible Assets	0.42	0.36	0.47	0.48	0.07	0.45
Long-Term Deferred Tax Assets	0.04	0.04	-	-	-	6.37
Other Long-Term Assets	4.8	1.11	0.9	0.13	0.85	-
Total Assets	84.41	173.23	178.26	177.76	19.81	165.46
Accounts Payable	5.41	8.71	22.18	24.31	0.13	24.99
Accrued Expenses	3.55	5.68	5.56	8.02	0.24	5.73
Short-Term Debt	6.6	5.89	18.05	17.26	-	18.19
Current Portion of Long-Term Debt	0.64	2.9	2.78	2.87	0.08	2.8
Current Portion of Leases	4.27	5.57	7.1	6.52	-	5.36
Current Income Taxes Payable	0.43	0.08	0.39	0.68	0	0.97
Current Unearned Revenue	1.48	3.1	3.15	4.07	0.07	3.15
Other Current Liabilities	47.76	75.45	12.36	13.45	4.24	14.22
Total Current Liabilities	70.14	107.37	71.55	77.17	4.77	75.4
Long-Term Debt	3.79	10.14	11.55	5.44	0.61	5.28
Long-Term Leases	7.1	57.56	89.48	88.28	-	70.39
Long-Term Unearned Revenue	-	-	-	-	0.07	-
Long-Term Deferred Tax Liabilities	-	-	0.92	0.9	0.22	0.93
Other Long-Term Liabilities	-	-	-	-	6.61	-
Total Liabilities	81.03	175.07	173.5	171.78	12.29	152
Common Stock	59.5	59.5	59.5	59.5	-	59.5
Retained Earnings	-56.27	-74.18	-66.52	-63.56	4.36	-55.76
Treasury Stock	-0.16	-0.15	-0.15	-0.15	-	-0.15
Comprehensive Income & Other	0.3	2.86	2.85	2.14	3.16	2.07
Total Common Equity	3.38	-11.97	-4.33	-2.07	7.52	5.66
Minority Interest	-	10.13	9.08	8.05	-	7.8
Shareholders' Equity	3.38	-1.84	4.75	5.98	7.52	13.46
Total Liabilities & Equity	84.41	173.23	178.26	177.76	19.81	165.46
Total Debt	22.39	82.05	128.95	120.36	0.69	102.01
Net Cash (Debt)	-21.44	-76.93	-125.27	-117.81	10.81	-99.87
Net Cash Per Share	-0.12	-0.44	-0.72	-0.68	-	-0.57
Filing Date Shares Outstanding	174.5	174.5	174.5	174.5	-	174.5
Total Common Shares Outstanding	174.5	174.5	174.5	174.5	-	174.5
Working Capital	-18.45	-6.13	-33.52	-42.74	7.18	-45.59
Book Value Per Share	0.02	-0.07	-0.02	-0.01	-	0.03
Tangible Book Value	2.95	-12.33	-19.24	-19.09	7.45	-11.5
Tangible Book Value Per Share	0.02	-0.07	-0.11	-0.11	-	-0.07
Land	-	-	17.26	15.55	5.35	15.54
Buildings	-	-	-	-	-	39.75
Machinery	-	25.6	33.69	35.81	4.1	2.22
Leasehold Improvements	-	24.75	35.82	37.01	-	-

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