Valmore Holding S.A.E. Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	356.53	455.52	274.54	313.23	455.7	190.01
Short-Term Investments	237.28	248.77	251.76	361.67	237.94	417.33
Trading Asset Securities	3.28	0.02	5.2	9.59	28.2	54.11
Cash & Short-Term Investments	597.09	704.32	531.51	684.49	721.84	661.45
Cash Growth	0.38%	32.51%	-22.35%	-5.17%	9.13%	42.69%
Accounts Receivable	130.33	139.14	126.12	139.24	136.25	141.65
Other Receivables	-	18.17	13.92	9.29	13.81	15.59
Receivables	130.33	157.31	140.15	148.68	150.25	157.62
Inventory	120.63	115.64	123.2	128.62	126.85	120.66
Prepaid Expenses	-	19.03	15.49	2.47	1.98	-
Other Current Assets	91.78	49	38.34	66.12	55.28	95.57
Total Current Assets	939.83	1,045	848.68	1,030	1,056	1,035
Property, Plant & Equipment	391.97	405.75	417.64	486.73	491.52	477.89
Long-Term Investments	58.17	72.31	120.62	170.92	356.12	486.89
Goodwill	40.05	40.91	41.63	46.48	49.56	139.62
Other Intangible Assets	15.53	15.81	-	-	0.63	0.75
Long-Term Accounts Receivable	12.02	11.23	5.97	-	-	-
Long-Term Deferred Charges	-	-	-	-	-	0.44
Other Long-Term Assets	-	-	0.34	0.88	-	-
Total Assets	1,458	1,591	1,435	1,746	1,960	2,141
Accounts Payable	226.3	217.93	246.8	249.73	276.08	318.89
Current Portion of Long-Term Debt	158.03	243.02	213.04	255.42	224.12	245.7
Current Portion of Leases	1.01	1.03	1.14	1.17	2.03	2.45
Current Income Taxes Payable	48.8	46.61	38.43	51.95	26.93	55.93
Other Current Liabilities	26.16	26.41	99.88	140.14	147.8	183.99
Total Current Liabilities	460.3	534.99	599.29	698.41	676.96	806.96
Long-Term Debt	390.93	437.05	369.99	375.9	413.46	455.43
Long-Term Leases	30.71	31.27	5.38	7.87	8.24	9.87
Long-Term Deferred Tax Liabilities	7.13	8.08	12.38	18.62	9	14.09
Other Long-Term Liabilities	2.24	2.56	1.67	4.88	9.54	3.89
Total Liabilities	891.31	1,014	988.7	1,106	1,117	1,290
Common Stock	295.81	295.81	281.72	281.72	281.72	281.72
Additional Paid-In Capital	-	-	-	-	57.95	57.95
Retained Earnings	422	394.85	668.69	643.84	590.48	433.52
Treasury Stock	-6.57	-6.59	-7.88	-3.35	-0.74	-
Comprehensive Income & Other	-241.46	-210.15	-627.81	-449.89	-365.2	-151.56
Total Common Equity	469.77	473.91	314.72	472.32	564.22	621.65
Minority Interest	96.49	103.45	131.46	167.73	278.85	229.13
Shareholders' Equity	566.26	577.36	446.18	640.05	843.06	850.77
Total Liabilities & Equity	1,458	1,591	1,435	1,746	1,960	2,141
Total Debt	580.68	712.37	589.55	640.36	647.85	713.45
Net Cash (Debt)	16.41	-8.05	-58.04	44.13	73.99	-52
Net Cash Growth	124.24%	-	-	-40.35%	-	-
Net Cash Per Share	0.01	-0.01	-0.05	0.04	0.06	-0.04
Filing Date Shares Outstanding	1,174	1,174	1,178	1,183	1,183	1,183
Total Common Shares Outstanding	1,174	1,174	1,178	1,183	1,183	1,184
Working Capital	479.53	510.29	249.39	331.98	379.24	228.33
Book Value Per Share	0.40	0.40	0.27	0.40	0.48	0.53
Tangible Book Value	414.19	417.18	273.09	425.84	514.03	481.28
Tangible Book Value Per Share	0.35	0.36	0.23	0.36	0.43	0.41
Land	15	15.69	18.13	23.31	26.63	27.49
Buildings	71.13	75.16	56.75	60.83	58.86	54.27
Machinery	455.29	469.45	425.59	468.26	431.83	461.44
Construction In Progress	47.69	41.29	79.71	100.49	112.74	80.74
Leasehold Improvements	1.72	1.71	2.15	1.7	1.48	1.42