Recticel 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	82.25	132.72	191.39	39.78	118.37
Cash & Short-Term Investments	82.25	132.72	191.39	39.78	118.37
Cash Growth	-38.02%	-30.66%	381.10%	-66.39%	49.03%
Accounts Receivable	110.99	101.93	78.14	67.72	141.6
Other Receivables	16.85	6.76	18.19	30.49	9.18
Receivables	127.85	111.31	99	99.69	155.15
Inventory	57.44	55.08	43.69	57.35	112.9
Prepaid Expenses	-	4.2	2	2.8	3.9
Other Current Assets	0	3.5	3.82	546.84	144.55
Total Current Assets	267.54	306.8	339.91	746.45	534.86
Property, Plant & Equipment	210.06	200.67	148.46	139.23	376.01
Long-Term Investments	-	0.5	0.5	10.02	23.68
Goodwill	94.51	110.29	92.2	95.89	29.64
Other Intangible Assets	73.66	42.72	40.3	44.68	19.03
Long-Term Deferred Tax Assets	30.14	27.4	21.55	23.51	46.85
Other Long-Term Assets	9.66	1.32	3	3.8	14.1
Total Assets	685.56	701.67	659.95	1,075	1,056
Accounts Payable	94.02	87.84	70.07	75.64	120.25
Accrued Expenses	-	25.8	28.65	24.31	59.04
Short-Term Debt	-	0.07	0.01	88	50.77
Current Portion of Long-Term Debt	10.8	3.89	1.31	1.98	1.61
Current Portion of Leases	-	8.15	5.1	3.84	6.69
Current Income Taxes Payable	2.26	1.52	1.78	4.44	4.47
Current Unearned Revenue	9.78	10.63	9.39	8.76	12.54
Other Current Liabilities	28.99	6.58	14.96	171.08	103.19
Total Current Liabilities	145.85	144.49	131.26	378.04	358.55
Long-Term Debt	31.44	24.34	10.02	181.63	164.78
Long-Term Leases	12.6	21.88	13.06	15.13	43.72
Pension & Post-Retirement Benefits	11.01	11	12.41	13.21	39.14
Long-Term Deferred Tax Liabilities	23.93	25.38	23.09	21.7	36.23
Other Long-Term Liabilities	30.26	29.45	32.13	19.01	22.02
Total Liabilities	255.07	256.54	221.97	628.72	664.43
Common Stock	141.88	141.52	140.58	140.52	139.91
Additional Paid-In Capital	136.38	135.7	133.73	133.6	132.09
Retained Earnings	155.14	162.49	160.97	124.23	112.4
Treasury Stock	-1.45	-1.45	-1.45	-1.45	-1.45
Comprehensive Income & Other	-4.83	5.35	2.45	47.41	6.83
Total Common Equity	427.13	443.6	436.28	444.31	389.78
Minority Interest	3.36	1.53	1.71	1.85	1.52
Shareholders' Equity	430.49	445.13	437.99	446.16	391.31
Total Liabilities & Equity	685.56	701.67	659.95	1,075	1,056
Total Debt	54.84	58.33	29.5	290.59	267.57
Net Cash (Debt)	27.42	74.38	161.9	-250.81	-149.2
Net Cash Growth	-63.14%	-54.05%	-	-	-
Net Cash Per Share	0.48	1.32	2.86	-4.42	-2.65
Filing Date Shares Outstanding	56.43	56.28	55.9	55.88	55.73
Total Common Shares Outstanding	56.43	56.28	55.9	55.88	55.64
Working Capital	121.69	162.31	208.65	368.41	176.31
Book Value Per Share	7.57	7.88	7.80	7.95	7.01
Tangible Book Value	258.96	290.59	303.78	303.73	341.12
Tangible Book Value Per Share	4.59	5.16	5.43	5.44	6.13
Land	-	-	-	-	298.93
Machinery	-	-	-	-	484.46
Construction In Progress	-	-	-	-	15.69

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