Spadel 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	173.13	149.85	114.06	82.91	87.87
Short-Term Investments	0.02	0.02	0.02	0.02	0.02
Cash & Short-Term Investments	173.15	149.87	114.08	82.93	87.89
Cash Growth	15.53%	31.38%	37.56%	-5.64%	4.36%
Accounts Receivable	52.32	49.67	44.45	43.73	49.45
Other Receivables	7.59	9.17	7.33	7.98	1.06
Receivables	59.92	58.84	51.78	51.71	50.5
Inventory	28.45	24.78	23.31	21.65	18.16
Other Current Assets	2.72	1.76	1.7	1.61	0
Total Current Assets	264.22	235.25	190.87	157.89	156.55
Property, Plant & Equipment	131.82	121.95	118.59	118.85	119.27
Long-Term Investments	3.1	1.45	1.25	-	0.5
Goodwill	44.93	44.93	44.93	44.93	44.93
Other Intangible Assets	64.56	66.74	69.36	72.15	75.89
Long-Term Accounts Receivable	-	-	-	-	1.52
Other Long-Term Assets	0.45	0.56	0.87	2.17	-
Total Assets	509.07	470.86	425.86	395.98	398.65
Accounts Payable	55.61	60.6	51.96	43.79	46.71
Accrued Expenses	31.68	25.44	21.24	19.09	16.44
Short-Term Debt	-	-	-	-	10.5
Current Portion of Leases	2.08	1.86	1.08	1.49	1.28
Current Income Taxes Payable	3.32	3.39	2.09	2.23	1.43
Other Current Liabilities	38.38	37.72	37.78	37.54	32.05
Total Current Liabilities	131.06	129.01	114.14	104.12	108.41
Long-Term Leases	3.65	3.34	2.83	4.12	5.14
Pension & Post-Retirement Benefits	2.35	2.92	2.79	2.43	5.4
Long-Term Deferred Tax Liabilities	19.91	21.6	22.71	23.93	24.6
Other Long-Term Liabilities	3.73	3.56	4.27	3.54	3.56
Total Liabilities	160.69	160.43	146.74	138.14	147.11
Common Stock	5	5	5	5	5
Additional Paid-In Capital	1.88	-	-	-	-
Retained Earnings	341.45	-	-	-	-
Comprehensive Income & Other	-	305.37	274.07	252.79	246.49
Total Common Equity	348.33	310.37	279.07	257.79	251.49
Minority Interest	0.06	0.06	0.06	0.05	0.05
Shareholders' Equity	348.38	310.43	279.13	257.84	251.54
Total Liabilities & Equity	509.07	470.86	425.86	395.98	398.65
Total Debt	5.72	5.2	3.91	5.61	16.92
Net Cash (Debt)	167.42	144.67	110.17	77.32	70.97
Net Cash Growth	15.73%	31.31%	42.48%	8.96%	33.22%
Net Cash Per Share	40.34	34.86	26.55	18.63	17.10
Filing Date Shares Outstanding	4.15	4.15	4.15	4.15	4.15
Total Common Shares Outstanding	4.15	4.15	4.15	4.15	4.15
Working Capital	133.17	106.24	76.73	53.77	48.14
Book Value Per Share	83.93	74.78	67.24	62.11	60.59
Tangible Book Value	238.84	198.71	164.78	140.71	130.67
Tangible Book Value Per Share	57.55	47.88	39.70	33.90	31.48
Land	153.29	146.58	141.22	136	133.27
Machinery	296.4	281.22	269.85	260.42	250.76

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