Exmar NV Balance Sheet

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

Millions USD. 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	179.84	274.74	176.93	519.55	71.13
Short-Term Investments	-	-	-	-	1.85
Cash & Short-Term Investments	179.84	274.74	176.93	519.55	72.98
Cash Growth	-34.54%	55.28%	-65.95%	611.92%	146.98%
Accounts Receivable	77.42	110.56	75.24	47.09	46.83
Other Receivables	8.1	13.07	21.09	15.72	4.05
Receivables	85.52	123.68	107.92	69.81	66.28
Inventory	-	-	15.13	9.22	-
Restricted Cash	7.13	-	-	-	76.12
Other Current Assets	8.77	20.24	7.51	6.04	18.7
Total Current Assets	281.27	418.66	307.5	604.62	234.08
Property, Plant & Equipment	371.43	375.16	441.38	463.43	655.71
Long-Term Investments	237.15	220.71	173.32	108.93	86.76
Other Intangible Assets	0.73	0.18	0.31	0.23	0.08
Long-Term Deferred Tax Assets	2.56	4.64	4.43	1.07	-
Other Long-Term Assets	10.09	0.85	-	0	-
Total Assets	903.23	1,020	926.93	1,178	1,001
Accounts Payable	66.59	38.94	40.72	35.37	22.99
Current Portion of Long-Term Debt	33.18	36.8	43.88	49.39	109.64
Current Portion of Leases	-	1.96	1.6	1.42	1.36
Current Income Taxes Payable	3.32	6.44	3.54	2.87	1.31
Current Unearned Revenue	-	11.08	10.19	11.08	6.5
Other Current Liabilities	-	16.23	96	29.1	7.75
Total Current Liabilities	103.08	111.45	195.93	129.22	149.55
Long-Term Debt	245	275.27	212.41	158.7	309.07
Long-Term Leases	-	2.53	7.42	8.85	4.75
Pension & Post-Retirement Benefits	0.55	0.79	1	1.04	0.73
Long-Term Deferred Tax Liabilities	-	-	3.03	2.98	-
Other Long-Term Liabilities	5.49	20.53	25.01	78.8	0.8
Total Liabilities	354.12	410.56	444.79	379.59	464.89
Common Stock	274.96	88.81	88.81	88.81	88.81
Additional Paid-In Capital	92.38	125.36	148.8	209.9	209.9
Retained Earnings	74.34	438.99	282.75	542.68	282.05
Treasury Stock	-38.16	-38.16	-38.16	-44.35	-44.35
Comprehensive Income & Other	145.6	-5.36	-0.21	1.47	-0.18
Total Common Equity	549.12	609.65	481.99	798.51	536.23
Minority Interest	-0	-0.02	0.15	0.18	0.27
Shareholders' Equity	549.11	609.63	482.14	798.69	536.5
Total Liabilities & Equity	903.23	1,020	926.93	1,178	1,001
Total Debt	278.17	316.55	265.31	218.35	424.81
Net Cash (Debt)	-98.33	-41.82	-88.38	301.21	-351.83
Net Cash Per Share	-1.52	-0.73	-1.54	5.26	-6.15
Filing Date Shares Outstanding	72.19	57.54	57.54	57.23	57.23
Total Common Shares Outstanding	72.19	57.54	57.54	57.23	57.23
Working Capital	178.19	307.21	111.56	475.4	84.54
Book Value Per Share	7.61	10.59	8.38	13.95	9.37
Tangible Book Value	548.39	609.47	481.68	798.29	536.15
Tangible Book Value Per Share	7.60	10.59	8.37	13.95	9.37
Land	-	3.65	11.98	11.08	3.98
Machinery	-	247.15	294.27	307.28	295.63

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