Louis Balance Sheet

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

Millions EUR. 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	22.52	21.53	12.93	13.2	16.27
Cash & Short-Term Investments	22.52	21.53	12.93	13.2	16.27
Cash Growth	4.58%	66.46%	-2.02%	-18.85%	-40.70%
Accounts Receivable	9.57	8.11	7.09	7.11	7.42
Other Receivables	5.94	5.51	4.62	5.94	10.03
Receivables	15.51	13.63	11.71	13.05	17.45
Inventory	2.68	2.39	2.13	1.1	0.91
Other Current Assets	53.43	9.52	9.49	9.47	9.54
Total Current Assets	94.14	47.06	36.26	36.83	44.17
Property, Plant & Equipment	319.83	314.83	274.73	279.16	274.75
Long-Term Investments	-	-	0.01	0.01	0.01
Other Intangible Assets	0.12	0.08	0.1	0.15	0.31
Long-Term Accounts Receivable	-	-	-	1.21	1.21
Long-Term Deferred Tax Assets	2.26	2.45	2.34	1.45	4.87
Total Assets	416.35	364.43	313.44	318.8	325.33
Accounts Payable	17.26	4.32	3.22	4.97	4.46
Accrued Expenses	0.22	0.81	0.9	0.02	0.01
Short-Term Debt	8.02	-	0.06	-	2.39
Current Portion of Long-Term Debt	-	7.88	5.5	6.09	8.49
Current Portion of Leases	7.15	7.53	6.24	5.66	4.25
Current Income Taxes Payable	-	0.2	0.2	0.2	0.51
Current Unearned Revenue	7.37	3.89	1.84	1.52	2.45
Other Current Liabilities	6.86	11.34	9.9	9.96	11.34
Total Current Liabilities	46.88	35.96	27.86	28.41	33.91
Long-Term Debt	95.2	97.45	102.76	103.15	101.55
Long-Term Leases	236.41	213.11	181.9	186.06	177.83
Long-Term Unearned Revenue	0.6	0.61	0.61	0.62	0.63
Pension & Post-Retirement Benefits	-	0.26	0.29	0.29	0.3
Long-Term Deferred Tax Liabilities	9.09	11.58	9.48	9.41	9.5
Other Long-Term Liabilities	0.28	-	-	-	-
Total Liabilities	388.44	358.95	322.91	327.94	323.71
Common Stock	9.21	9.21	9.21	9.21	9.21
Retained Earnings	-	-22.28	-26.23	-25.93	-15.13
Comprehensive Income & Other	18.69	18.54	7.57	7.61	7.56
Total Common Equity	27.9	5.47	-9.46	-9.11	1.64
Minority Interest	0.01	-	-0.02	-0.03	-0.02
Shareholders' Equity	27.91	5.47	-9.48	-9.14	1.62
Total Liabilities & Equity	416.35	364.43	313.44	318.8	325.33
Total Debt	346.77	325.96	296.47	300.96	294.5
Net Cash (Debt)	-324.25	-304.43	-283.53	-287.76	-278.24
Net Cash Per Share	-0.71	-0.66	-0.62	-0.62	-0.60
Filing Date Shares Outstanding	459.06	460.55	460.55	460.55	460.55
Total Common Shares Outstanding	459.06	460.55	460.55	460.55	460.55
Working Capital	47.26	11.1	8.4	8.42	10.27
Book Value Per Share	0.06	0.01	-0.02	-0.02	0.00
Tangible Book Value	27.78	5.39	-9.55	-9.26	1.33
Tangible Book Value Per Share	0.06	0.01	-0.02	-0.02	0.00
Land	-	89.85	76.8	71.43	71.31
Machinery	-	41.44	38.84	35.02	32.75
Construction In Progress	-	2.13	0.66	1.06	0.25
Leasehold Improvements	-	42.83	42.43	41.58	38.9

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