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
Property, Plant & Equipment	271.56	207.41	218.37	233.27	208.07
Cash & Equivalents	0.8	0.44	0.47	1.73	0.88
Accounts Receivable	1.51	1.55	1.21	1.17	1.12
Other Receivables	0.26	0.22	0.37	0.23	0.53
Investment In Debt and Equity Securities	0.74	1.08	1.71	4.8	-
Other Intangible Assets	0.01	0.01	0	0.04	0.06
Other Current Assets	0.2	0.23	6.28	6.68	1.06
Trading Asset Securities	0.13	0.08	0.39	0.49	-
Deferred Long-Term Tax Assets	-	-	-	1.41	1.31
Other Long-Term Assets	12.71	12.88	23.89	19.2	26.93
Total Assets	287.91	223.91	252.69	269	239.96
Current Portion of Long-Term Debt	32.25	29.25	21	38	49
Current Portion of Leases	0.04	0.39	0.39	0.36	-
Long-Term Debt	85.13	60.05	103.06	96.95	71.66
Long-Term Leases	5.66	5.08	4.94	4.66	-
Accounts Payable	1.49	2.85	1.87	1.17	0.36
Current Income Taxes Payable	0.26	0.14	0.19	0.2	0.09
Current Unearned Revenue	2.22	1.72	1.6	1.79	1.59
Other Current Liabilities	0.64	0.6	0.52	0.36	0.84
Long-Term Deferred Tax Liabilities	0.05	-	-	-	-
Other Long-Term Liabilities	0.31	0.25	0.23	0.12	0.1
Total Liabilities	128.05	100.32	133.8	143.62	123.64
Common Stock	10.4	7.8	7.8	7.58	7.35
Additional Paid-In Capital	176.33	155.93	155.93	154.09	151.95
Retained Earnings	21.5	7.65	1.58	16.94	6.21
Comprehensive Income & Other	-48.37	-47.8	-46.42	-53.24	-49.18
Total Common Equity	159.86	123.59	118.9	125.38	116.33
Shareholders' Equity	159.86	123.59	118.9	125.38	116.33
Total Liabilities & Equity	287.91	223.91	252.69	269	239.96
Total Debt	123.08	94.76	129.39	139.97	120.66
Net Cash (Debt)	-122.15	-94.24	-128.52	-137.75	-119.78
Net Cash Per Share	-14.60	-12.08	-16.68	-18.42	-16.50
Filing Date Shares Outstanding	10.4	7.8	7.8	7.58	7.35
Total Common Shares Outstanding	10.4	7.8	7.8	7.58	7.35
Book Value Per Share	15.37	15.85	15.25	16.53	15.83
Tangible Book Value	159.85	123.57	118.9	125.35	116.26
Tangible Book Value Per Share	15.37	15.85	15.25	16.53	15.83