Vastned Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2016 - 2020
Property, Plant & Equipment	1,258	322.74	310.07	313.06	315.09	331	Upgrade
Cash & Equivalents	0.89	0.42	0.43	0.16	0.21	0.43	Upgrade
Accounts Receivable	8.6	2.16	2.22	2.33	1.91	0.57	Upgrade
Other Receivables	1.85	1.53	0.77	0.09	0.02	0.8	Upgrade
Investment In Debt and Equity Securities	0	0.08	0.03	2.05	-	-	Upgrade
Other Intangible Assets	-	0	0.04	0.09	0.14	0.18	Upgrade
Other Current Assets	3.62	1.86	1.87	0.31	0.37	0.52	Upgrade
Trading Asset Securities	0.63	-	0.47	0.15	-	-	Upgrade
Other Long-Term Assets	0.51	0.01	0	0	0	0	Upgrade
Total Assets	1,276	328.79	315.9	318.24	317.75	333.49	Upgrade
Current Portion of Long-Term Debt	115	0.01	-	15	-	0.5	Upgrade
Current Portion of Leases	0.25	0.13	0.19	0.18	0.17	0.16	Upgrade
Long-Term Debt	392.65	101.3	77.99	65.5	83.47	93.63	Upgrade
Long-Term Leases	0.67	0.63	0.39	0.53	0.67	0.8	Upgrade
Accounts Payable	6.63	0.03	0.22	0.04	0.05	0.02	Upgrade
Accrued Expenses	-	1.26	0.86	0.74	0.81	0.94	Upgrade
Current Unearned Revenue	19.26	2.52	2.49	2.49	2.34	0.51	Upgrade
Other Current Liabilities	0.91	2.02	1.27	1.34	1.14	1.14	Upgrade
Long-Term Deferred Tax Liabilities	28.38	1.46	0.33	0.27	0.19	0.2	Upgrade
Other Long-Term Liabilities	9.79	0.17	0.15	0.12	0.18	0.18	Upgrade
Total Liabilities	573.55	109.62	84.01	86.21	89.03	98.46	Upgrade
Common Stock	191	97.21	97.21	97.21	97.21	97.21	Upgrade
Additional Paid-In Capital	472.74	4.18	4.18	4.18	4.18	4.18	Upgrade
Retained Earnings	26.2	20.19	18.24	19.73	7.51	-7.06	Upgrade
Comprehensive Income & Other	12.3	97.59	112.26	110.9	119.81	140.7	Upgrade
Total Common Equity	702.24	219.18	231.89	232.03	228.71	235.03	Upgrade
Shareholders' Equity	702.24	219.18	231.89	232.03	228.71	235.03	Upgrade
Total Liabilities & Equity	1,276	328.79	315.9	318.24	317.75	333.49	Upgrade
Total Debt	508.57	102.16	78.7	81.22	84.32	95.49	Upgrade
Net Cash (Debt)	-507.06	-101.74	-77.8	-80.9	-84.11	-95.06	Upgrade
Net Cash Per Share	-47.77	-20.03	-15.32	-15.93	-16.56	-18.72	Upgrade
Filing Date Shares Outstanding	16.15	19.47	5.08	5.08	5.08	5.08	Upgrade
Total Common Shares Outstanding	16.15	5.08	5.08	5.08	5.08	5.08	Upgrade
Book Value Per Share	43.48	43.16	45.66	45.69	45.04	46.28	Upgrade
Tangible Book Value	702.24	219.17	231.85	231.94	228.58	234.85	Upgrade
Tangible Book Value Per Share	43.48	43.16	45.65	45.67	45.01	46.24	Upgrade

Updated Feb 24, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.