Tessenderlo Group NV 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	158	182.4	177	156.1	320.3
Short-Term Investments	-	70	-	-	10
Cash & Short-Term Investments	158	252.4	177	156.1	330.3
Cash Growth	-37.40%	42.60%	13.39%	-52.74%	32.07%
Accounts Receivable	367.4	372.6	389	374.2	333.4
Other Receivables	80.4	77.8	82.2	54	43.5
Receivables	447.8	450.4	471.2	428.2	376.9
Inventory	530.9	560.3	604.5	566.9	393.4
Prepaid Expenses	0.2	0.3	1.7	1.5	0.4
Other Current Assets	12.4	4.1	3.2	0.6	0.6
Total Current Assets	1,149	1,268	1,258	1,153	1,102
Property, Plant & Equipment	1,199	1,233	1,156	888.7	886.6
Long-Term Investments	23.7	27.2	105.8	87.1	31
Goodwill	34.7	74.8	31.8	32.1	32.3
Other Intangible Assets	176.2	244.2	286.9	107	109.2
Long-Term Accounts Receivable	1.3	0.8	0.8	-	-
Long-Term Deferred Tax Assets	43.3	59.1	50.2	18.2	33.5
Other Long-Term Assets	15.4	28.1	25.5	14.5	12.8
Total Assets	2,643	2,935	2,915	2,301	2,207
Accounts Payable	281.2	279.5	260.3	272.8	247.8
Accrued Expenses	138	131.5	117.5	111.6	114.7
Short-Term Debt	-	-	0.1	0.1	0.1
Current Portion of Long-Term Debt	70.2	104.6	42.3	40.9	199.7
Current Portion of Leases	22.1	19.5	19.1	16.8	17
Current Income Taxes Payable	4	5.6	2.1	1.9	1.6
Other Current Liabilities	35.2	59	48.6	9.5	16.8
Total Current Liabilities	550.7	599.7	490	453.6	597.7
Long-Term Debt	67.8	99.3	135.2	175.6	164.7
Long-Term Leases	39.4	35	40.1	35.4	37.1
Pension & Post-Retirement Benefits	40.8	43.2	45	40.1	55.8
Long-Term Deferred Tax Liabilities	96.3	114.1	126.5	56.3	65.4
Other Long-Term Liabilities	143.2	131.1	129.1	136.6	155
Total Liabilities	938.2	1,022	965.9	897.6	1,076
Common Stock	428.3	428.3	428.3	216.2	216.2
Additional Paid-In Capital	1,725	1,744	1,744	238	238
Retained Earnings	-350.4	-211.1	-164.5	1,012	758.6
Comprehensive Income & Other	-113.2	-64.8	-76.5	-64.1	-82.8
Total Common Equity	1,690	1,896	1,931	1,402	1,130
Minority Interest	14.9	16.4	17.9	1.5	1.3
Shareholders' Equity	1,705	1,912	1,949	1,403	1,131
Total Liabilities & Equity	2,643	2,935	2,915	2,301	2,207
Total Debt	199.5	258.4	236.8	268.8	418.6
Net Cash (Debt)	-41.5	-6	-59.8	-112.7	-88.3
Net Cash Per Share	-0.68	-0.10	-0.95	-2.62	-2.05
Filing Date Shares Outstanding	58.99	60.49	84.29	85.44	43.15
Total Common Shares Outstanding	58.99	60.49	84.29	43.12	43.15
Working Capital	598.6	667.8	767.6	699.7	503.9
Book Value Per Share	28.65	31.35	22.91	32.51	26.18
Tangible Book Value	1,479	1,577	1,612	1,263	988.5
Tangible Book Value Per Share	25.07	26.07	19.13	29.28	22.91
Land	762.3	704.5	671	571	536.8
Machinery	2,304	2,260	2,100	1,797	1,709
Construction In Progress	109.3	172.2	152.7	75.6	69.9

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