Vastned 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	Jun '26 Jun 30, 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	0.53	1.94	0.42	0.43	0.16	0.21
Short-Term Investments	0.01	0	0	0.47	0.15	0
Cash & Short-Term Investments	0.53	1.94	0.42	0.9	0.32	0.21
Cash Growth	-72.57%	358.77%	-53.06%	183.60%	48.13%	-50.00%
Accounts Receivable	9.45	7.84	2.16	2.22	2.33	1.91
Other Receivables	1.79	2.32	1.4	0.47	0	-
Total Trade Receivables	11.24	10.15	3.56	2.69	2.33	1.91
Other Current Assets	9.61	1.31	1.99	2.17	0.4	0.39
Total Current Assets	21.38	13.4	5.97	5.76	3.04	2.52
Net Property, Plant & Equipment	1,281	1,270	322.74	310.07	313.06	315.09
Other Intangible Assets	-	-	0	0.04	0.09	0.14
Long-Term Investments	3.74	1.32	0.08	0.03	2.05	0
Other Long-Term Assets	0.55	0.74	0.01	0	0	0
Total Assets	1,307	1,285	328.79	315.9	318.24	317.75
Accounts Payable	4.73	6.58	1.31	0.8	0.55	0.47
Accrued Expenses	17.19	16.88	3.69	3.32	3.22	3.05
Current Portion of Long-Term Debt	25	50	0.01	0	15	0
Current Portion of Leases	0.13	0.22	0.13	0.19	0.18	0.17
Other Current Liabilities	1.16	0.92	0.93	0.85	0.83	0.84
Total Current Liabilities	48.21	74.6	6.06	5.16	19.78	4.52
Long-Term Debt	471.3	443.25	101.3	77.99	65.5	83.47
Long-Term Leases	0.59	0.59	0.63	0.39	0.53	0.67
Other Long-Term Liabilities	42.48	41.4	1.63	0.47	0.4	0.37
Total Long-Term Liabilities	514.37	485.24	103.56	78.85	66.43	84.52
Total Liabilities	562.58	559.84	109.62	84.01	86.21	89.03
Common Stock	191	191	97.21	97.21	97.21	97.21
Additional Paid-in Capital	472.74	472.74	4.18	4.18	4.18	4.18
Retained Earnings	80.57	61.75	117.78	130.5	130.64	127.32
Shareholders' Equity	744.31	725.49	219.18	231.89	232.03	228.71
Total Liabilities & Equity	1,307	1,285	328.79	315.9	318.24	317.75
Total Debt	497.02	494.06	102.06	78.57	81.21	84.32
Net Cash (Debt)	-496.48	-492.13	-101.64	-77.67	-80.9	-84.1
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-25.13	-25.28	-20.01	-15.29	-15.93	-16.56
Book Value	744.31	725.49	219.18	231.89	232.03	228.71
Book Value Per Share	37.67	37.26	43.16	45.66	45.69	45.04
Tangible Book Value	744.31	725.49	219.17	231.85	231.94	228.58
Tangible Book Value Per Share	37.67	37.26	43.16	45.65	45.67	45.01