Qrf Comm. VA 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	0.8	0.44	0.47	1.73	0.62
Short-Term Investments	0.18	0.08	0.39	0.49	0
Cash & Short-Term Investments	0.98	0.53	0.86	2.22	0.62
Cash Growth	85.74%	-39.12%	-61.05%	258.32%	-27.69%
Accounts Receivable	1.58	1.62	1.27	1.17	1.28
Other Current Assets	0.34	0.37	6.58	6.91	4.1
Total Current Assets	2.9	2.52	8.72	10.3	6
Net Property, Plant & Equipment	271.56	207.41	218.37	233.27	150.33
Other Intangible Assets	0.01	0.01	0	0.04	0.06
Long-Term Investments	13.45	13.96	25.59	24	81.48
Other Long-Term Assets	-	-	0	1.41	0
Total Assets	287.91	223.91	252.69	269	237.87
Accounts Payable	1.75	2.99	2.06	1.39	0.34
Accrued Expenses	2.63	2.11	2.05	2.08	1.82
Current Portion of Long-Term Debt	32.25	29.25	21	38	-
Current Portion of Leases	0.04	0.39	0.39	0.36	-
Other Current Liabilities	0.23	0.21	0.07	0.07	0.12
Total Current Liabilities	36.89	34.95	25.57	41.89	51.28
Long-Term Debt	84.67	58.96	102.19	96.95	-
Long-Term Leases	5.66	5.08	4.94	4.66	-
Other Long-Term Liabilities	0.82	1.33	1.1	0.12	0.82
Total Long-Term Liabilities	91.15	65.37	108.23	101.73	71.75
Total Liabilities	128.05	100.32	133.8	143.62	123.03
Common Stock	10.4	7.8	7.8	7.58	7.35
Additional Paid-in Capital	175.43	155.48	155.48	153.65	151.56
Retained Earnings	-25.97	-39.69	-44.38	-35.86	-44.06
Total Common Shareholders' Equity	159.86	123.59	118.9	125.38	114.85
Shareholders' Equity	159.86	123.59	118.9	125.38	114.85
Total Liabilities & Equity	287.91	223.91	252.69	269	237.87
Total Debt	122.62	93.68	128.51	139.97	0
Net Cash (Debt)	-121.64	-93.15	-127.65	-137.75	0.62
Net Cash Growth	-	-	-	-	-27.69%
Net Cash Per Share	-14.54	-11.95	-16.57	-18.42	0.09
Book Value	159.86	123.59	118.9	125.38	114.85
Book Value Per Share	19.10	15.85	15.43	16.76	15.82
Tangible Book Value	159.85	123.57	118.9	125.35	114.79
Tangible Book Value Per Share	19.10	15.85	15.43	16.76	15.81