Galp Energia, SGPS 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	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	1,833	2,350	2,285	2,200	2,432	1,942
Trading Asset Securities	-	319	-	-	-	-
Cash & Short-Term Investments	1,833	2,669	2,285	2,200	2,432	1,942
Cash Growth	-22.30%	16.80%	3.86%	-9.54%	25.23%	15.73%
Accounts Receivable	1,983	1,665	1,590	1,742	1,865	1,690
Other Receivables	619	451	452	430	397	464
Receivables	2,637	2,152	2,083	2,213	2,296	2,154
Inventory	1,125	1,103	1,101	1,447	1,361	1,007
Other Current Assets	762	317	2,042	856	952	1,105
Total Current Assets	6,357	6,241	7,511	6,716	7,041	6,208
Property, Plant & Equipment	7,450	7,317	7,409	7,659	6,816	6,248
Long-Term Investments	124	119	110	284	463	396
Goodwill	44	44	44	44	70	85
Other Intangible Assets	575	571	695	659	672	645
Long-Term Accounts Receivable	74	75	53	48	64	67
Long-Term Deferred Tax Assets	772	630	669	615	559	485
Long-Term Deferred Charges	11	12	19	32	32	87
Other Long-Term Assets	356	321	306	314	277	280
Total Assets	15,763	15,329	16,817	16,606	16,096	14,912
Accounts Payable	852	860	945	1,268	1,005	811
Accrued Expenses	1,523	1,323	1,281	1,202	1,047	884
Short-Term Debt	5	5	6	129	11	131
Current Portion of Long-Term Debt	483	602	361	446	789	1,174
Current Portion of Leases	217	214	233	267	182	164
Current Income Taxes Payable	239	144	332	311	361	-
Current Unearned Revenue	33	22	26	109	21	30
Other Current Liabilities	1,211	541	1,181	644	898	1,345
Total Current Liabilities	4,563	3,711	4,365	4,376	4,314	4,539
Long-Term Debt	2,693	3,075	3,125	3,026	3,187	2,995
Long-Term Leases	964	1,003	1,182	1,543	1,095	1,015
Long-Term Unearned Revenue	24	30	22	21	10	11
Pension & Post-Retirement Benefits	235	237	221	225	252	300
Long-Term Deferred Tax Liabilities	458	444	579	476	555	653
Other Long-Term Liabilities	1,830	1,649	1,684	1,610	1,566	1,429
Total Liabilities	10,767	10,149	11,178	11,277	10,979	10,942
Common Stock	737	753	753	773	815	829
Additional Paid-In Capital	-	-	-	-	82	82
Retained Earnings	2,669	3,016	2,418	2,187	1,701	813
Treasury Stock	-93	-297	-47	-	-	-
Comprehensive Income & Other	843	947	1,565	1,449	1,563	1,328
Total Common Equity	4,156	4,419	4,689	4,409	4,161	3,052
Minority Interest	840	761	950	920	956	918
Shareholders' Equity	4,996	5,180	5,639	5,329	5,117	3,970
Total Liabilities & Equity	15,763	15,329	16,817	16,606	16,096	14,912
Total Debt	4,362	4,899	4,907	5,411	5,264	5,479
Net Cash (Debt)	-2,529	-2,230	-2,622	-3,211	-2,832	-3,537
Net Cash Per Share	-3.43	-3.01	-3.45	-4.03	-3.48	-4.27
Filing Date Shares Outstanding	731.55	733.86	750.27	773.08	815.11	829.25
Total Common Shares Outstanding	731.55	733.86	750.27	773.08	815.11	829.25
Working Capital	1,794	2,530	3,146	2,340	2,727	1,669
Book Value Per Share	5.68	6.02	6.25	5.70	5.10	3.68
Tangible Book Value	3,537	3,804	3,950	3,706	3,419	2,322
Tangible Book Value Per Share	4.83	5.18	5.26	4.79	4.19	2.80
Land	1,333	1,334	1,307	1,301	1,261	1,253
Machinery	13,013	12,717	12,024	11,705	11,454	11,697
Construction In Progress	1,809	1,765	2,790	2,407	1,910	1,794

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