Martifer SGPS 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
Cash & Equivalents	40.23	108.22	82.9	56.33	41.01
Short-Term Investments	0.08	4.46	8.73	3.12	2.38
Cash & Short-Term Investments	40.3	112.69	91.63	59.45	43.39
Cash Growth	-64.23%	22.98%	54.12%	37.03%	-3.79%
Accounts Receivable	28.53	54.91	37	37.71	52.58
Inventory	16.8	17.49	10.26	10.16	12.34
Other Current Assets	85.48	35.36	25.34	24.92	29.73
Total Current Assets	166.61	220.45	164.23	132.23	138.04
Net Property, Plant & Equipment	124.49	86.1	66.12	67.58	69.19
Other Intangible Assets	0.42	0.39	0.39	0.56	0.5
Goodwill	10.85	10.96	10.96	10.97	10.97
Long-Term Investments	0.35	0.43	5.03	5.27	8.69
Other Long-Term Assets	28.25	28.37	27.95	29.09	32.56
Total Assets	335.47	346.69	274.69	245.71	259.95
Accounts Payable	62.78	46.72	36.18	32.98	41.98
Current Portion of Long-Term Debt	5.16	4.46	4.92	3.7	3.49
Current Portion of Leases	1.5	1.74	1.55	1.34	0.92
Unearned Revenue	50.83	69.08	25.07	23.63	38.7
Other Current Liabilities	18.39	26.19	26.33	21.26	18.93
Total Current Liabilities	134.9	148.18	94.04	82.91	104.02
Long-Term Debt	82.36	81.94	86.39	93.17	107.1
Long-Term Leases	20.14	24.75	24.06	25.26	20.18
Other Long-Term Liabilities	15.09	7.85	13.95	9.3	10.34
Total Long-Term Liabilities	117.59	114.54	124.41	127.73	137.61
Total Liabilities	256.24	262.72	218.45	210.63	241.63
Common Stock	50	50	50	50	50
Treasury Stock	-2.87	-2.87	-2.87	-2.87	-2.87
Retained Earnings	28.31	32.09	8.32	-12.08	-28.48
Total Common Shareholders' Equity	75.44	79.22	55.45	35.05	18.65
Minority Interest	3.79	4.75	0.79	0.03	-0.34
Shareholders' Equity	79.23	83.98	56.24	35.08	18.32
Total Liabilities & Equity	335.47	346.69	274.69	245.71	259.95
Total Debt	109.16	112.88	116.92	123.46	131.69
Net Cash (Debt)	-68.85	-0.2	-25.29	-64.01	-88.3
Net Cash Per Share	-0.70	-0.00	-0.26	-0.66	-0.90
Book Value	75.44	79.22	55.45	35.05	18.65
Book Value Per Share	0.77	0.81	0.57	0.36	0.19
Tangible Book Value	64.16	67.87	44.1	23.52	7.18
Tangible Book Value Per Share	0.66	0.69	0.45	0.24	0.07