Vastned 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
Property, Plant & Equipment	1,270	322.74	1,353	1,424	1,442
Cash & Equivalents	1.94	0.42	1.02	0.72	0.77
Accounts Receivable	7.77	2.11	1.75	9.74	8.93
Other Receivables	2.32	1.4	2.58	2.37	1.54
Investment In Debt and Equity Securities	1.87	0.09	7.31	14.98	0.03
Other Intangible Assets	-	0	0.34	0.32	0.37
Other Current Assets	1.38	2.03	24.52	0.63	0.62
Trading Asset Securities	-	-	0.47	0.15	-
Deferred Long-Term Tax Assets	0.19	-	-	-	-
Total Assets	1,285	328.79	1,391	1,453	1,454
Current Portion of Long-Term Debt	-	0.01	233.01	24.94	-
Current Portion of Leases	0.22	0.13	0.3	0.28	0.26
Long-Term Debt	443.25	101.3	366.32	585.36	614.16
Long-Term Leases	0.59	0.63	2.95	3.21	3.39
Accounts Payable	0.81	0.03	1.18	0.88	0.81
Accrued Expenses	3.91	0.78	9.47	7.15	6.04
Current Income Taxes Payable	-	-	0.32	0.04	0.83
Current Unearned Revenue	12.97	2.9	3.15	11.14	11.14
Other Current Liabilities	6.16	2.11	2.91	3.18	3.45
Long-Term Deferred Tax Liabilities	32.07	1.46	8.89	9.45	9.07
Other Long-Term Liabilities	5.87	0.17	4.96	4.54	3.91
Total Liabilities	559.84	109.62	646.16	657.16	662.44
Common Stock	191	97.21	95.18	95.18	95.18
Additional Paid-In Capital	472.74	4.18	468.56	468.56	468.56
Retained Earnings	58.63	20.19	-19.26	31.35	14.41
Treasury Stock	-66.24	-	-	-	-
Comprehensive Income & Other	69.35	97.59	120.23	120.8	134.93
Total Common Equity	725.49	219.18	664.71	715.88	713.07
Minority Interest	-	-	80.18	80.07	78.93
Shareholders' Equity	725.49	219.18	744.88	795.95	792
Total Liabilities & Equity	1,285	328.79	1,391	1,453	1,454
Total Debt	494.59	102.16	611.21	617.13	621.14
Net Cash (Debt)	-492.66	-101.74	-609.72	-616.26	-620.37
Net Cash Per Share	-30.50	-20.03	-35.55	-35.93	-36.17
Filing Date Shares Outstanding	16.14	17.15	17.15	17.15	17.15
Total Common Shares Outstanding	16.15	17.15	17.15	17.15	17.15
Book Value Per Share	44.92	12.78	38.75	41.74	41.57
Tangible Book Value	725.49	219.17	664.37	715.56	712.7
Tangible Book Value Per Share	44.92	12.78	38.73	41.72	41.55

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