Etex N.V. 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	411.72	329.23	162.49	206.04	202.5
Short-Term Investments	72.61	88.06	64.08	81.45	41.32
Cash & Short-Term Investments	484.34	417.29	226.57	287.49	243.82
Cash Growth	16.07%	84.18%	-21.19%	17.91%	-41.15%
Accounts Receivable	449.8	318.62	295.19	309.96	252.16
Other Receivables	-	89.99	84.48	84.34	70.99
Receivables	449.8	408.61	379.67	394.3	323.15
Inventory	509.84	503.02	483.97	514.03	425.22
Prepaid Expenses	-	17.98	6.57	5.33	4.83
Other Current Assets	-	16.27	25.83	116.45	12.01
Total Current Assets	1,444	1,363	1,123	1,318	1,009
Property, Plant & Equipment	2,209	2,234	2,157	1,929	1,588
Long-Term Investments	9.33	7.97	7.52	6.69	11.63
Goodwill	751.8	753.85	725.56	682.03	198.23
Other Intangible Assets	418.29	452.28	449.04	411.26	270.54
Long-Term Accounts Receivable	-	3.2	3.49	2.71	2.3
Long-Term Deferred Tax Assets	94.31	96.14	95.88	98.4	112.03
Other Long-Term Assets	109.89	100.37	118.55	163.72	31.58
Total Assets	5,037	5,022	4,684	4,615	3,226
Accounts Payable	951.51	697.65	696.61	677.11	533.25
Accrued Expenses	-	162.36	152.64	156.07	128.05
Short-Term Debt	-	1.7	2.64	4.74	1.39
Current Portion of Long-Term Debt	121.11	182.96	181.13	215.35	176.67
Current Portion of Leases	36.3	33.05	27.5	26.53	22.7
Current Income Taxes Payable	-	32.19	40.91	55.55	49.53
Current Unearned Revenue	-	30.76	25.92	24.95	10.51
Other Current Liabilities	52.75	87.41	88.93	71.41	62.13
Total Current Liabilities	1,162	1,228	1,216	1,232	984.24
Long-Term Debt	1,197	1,161	923.37	947.4	120.45
Long-Term Leases	156.21	147.33	130.91	124.9	136.4
Long-Term Unearned Revenue	-	12.9	12.79	12.91	12.1
Pension & Post-Retirement Benefits	117.67	130.12	154.93	159.86	356.34
Long-Term Deferred Tax Liabilities	188.54	206.27	212.9	208.68	83.7
Other Long-Term Liabilities	122.57	105.24	111.3	120.24	118.33
Total Liabilities	2,944	2,991	2,762	2,806	1,812
Common Stock	2.53	2.53	2.53	2.53	2.53
Additional Paid-In Capital	0.74	0.74	0.74	0.74	0.74
Treasury Stock	-	-19.99	-19.99	-19.99	-19.99
Comprehensive Income & Other	2,067	2,023	1,908	1,791	1,402
Total Common Equity	2,071	2,006	1,892	1,774	1,386
Minority Interest	22.45	24.49	29.99	35.33	28.55
Shareholders' Equity	2,093	2,031	1,922	1,810	1,414
Total Liabilities & Equity	5,037	5,022	4,684	4,615	3,226
Total Debt	1,511	1,526	1,266	1,319	457.61
Net Cash (Debt)	-1,027	-1,109	-1,039	-1,031	-213.8
Net Cash Per Share	-13.12	-14.18	-13.28	-13.19	-2.73
Filing Date Shares Outstanding	72.45	78.16	78.16	78.16	78.16
Total Common Shares Outstanding	72.45	78.16	78.16	78.16	78.16
Working Capital	282.31	135.08	-93.67	85.91	24.79
Book Value Per Share	28.58	25.66	24.20	22.70	17.73
Tangible Book Value	900.47	799.88	717.1	680.88	916.79
Tangible Book Value Per Share	12.43	10.23	9.17	8.71	11.73
Land	-	1,653	1,435	1,329	1,165
Machinery	-	3,372	3,188	2,934	2,393
Construction In Progress	-	197.09	377.03	284.92	147.94

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