Solvay Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	486	536	539	584	932	941
Short-Term Investments	15	51	82	172	1,134	1,551
Cash & Short-Term Investments	501	587	621	756	2,066	2,492
Cash Growth	7.28%	-5.47%	-17.86%	-63.41%	-17.09%	99.20%
Accounts Receivable	678	622	826	840	2,026	1,805
Other Receivables	405	269	322	394	585	532
Receivables	1,083	896	1,151	1,239	2,654	2,365
Inventory	592	587	623	642	2,109	1,745
Prepaid Expenses	-	19	23	36	31	38
Other Current Assets	14	67	33	41	150	193
Total Current Assets	2,190	2,156	2,451	2,714	7,010	6,833
Property, Plant & Equipment	2,316	2,323	2,414	2,411	5,785	5,409
Long-Term Investments	275	271	308	351	946	823
Goodwill	753	753	782	764	3,472	3,379
Other Intangible Assets	212	146	162	148	1,748	1,819
Long-Term Deferred Tax Assets	231	221	301	317	932	779
Long-Term Deferred Charges	-	56	55	53	300	284
Other Long-Term Assets	-1	1	-	-2	1	-1
Total Assets	6,198	6,153	6,694	7,022	20,660	20,049
Accounts Payable	728	773	810	850	2,296	2,131
Accrued Expenses	-	302	278	323	621	533
Current Portion of Long-Term Debt	366	259	85	148	399	676
Current Portion of Leases	-	73	70	63	111	97
Current Income Taxes Payable	52	55	43	68	119	115
Other Current Liabilities	640	383	602	740	1,339	1,979
Total Current Liabilities	1,786	1,845	1,888	2,192	4,885	5,531
Long-Term Debt	1,830	1,532	1,747	1,738	2,037	2,168
Long-Term Leases	-	306	236	243	413	408
Pension & Post-Retirement Benefits	631	627	674	793	1,057	1,574
Long-Term Deferred Tax Liabilities	121	120	136	131	558	462
Other Long-Term Liabilities	649	641	609	619	1,046	1,054
Total Liabilities	5,017	5,071	5,290	5,716	9,996	11,197
Common Stock	237	237	237	237	1,588	1,588
Additional Paid-In Capital	174	174	174	174	1,170	1,170
Retained Earnings	-	1,494	1,713	1,683	6,854	5,468
Treasury Stock	-	-44	-44	-15	-225	-232
Comprehensive Income & Other	705	-841	-741	-815	1,216	746
Total Common Equity	1,116	1,020	1,339	1,264	10,603	8,740
Minority Interest	65	62	65	42	61	112
Shareholders' Equity	1,181	1,082	1,404	1,306	10,664	8,852
Total Liabilities & Equity	6,198	6,153	6,694	7,022	20,660	20,049
Total Debt	2,196	2,170	2,138	2,192	2,960	3,349
Net Cash (Debt)	-1,695	-1,583	-1,517	-1,436	-894	-857
Net Cash Per Share	-16.22	-15.01	-14.30	-13.79	-8.58	-8.26
Filing Date Shares Outstanding	104.55	104.48	104.47	105.01	103.77	103.64
Total Common Shares Outstanding	104.55	104.48	104.47	105.01	103.77	103.64
Working Capital	404	311	563	522	2,125	1,302
Book Value Per Share	10.67	9.76	12.82	12.04	84.97	67.10
Tangible Book Value	151	121	395	352	5,383	3,542
Tangible Book Value Per Share	1.44	1.16	3.78	3.35	34.66	16.94
Land	-	1,546	1,640	1,593	3,021	2,941
Machinery	-	5,464	5,490	5,378	10,648	10,187
Construction In Progress	-	397	536	483	1,033	688

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