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
Trading Asset Securities	0.01	1.79	1.94	1.42	1.62
Cash & Short-Term Investments	40.23	110.02	84.84	57.75	42.63
Cash Growth	-63.43%	29.67%	46.92%	35.46%	-5.47%
Accounts Receivable	47.33	59.67	45.46	42.47	57.42
Other Receivables	17.22	11.85	8.78	9	12.57
Receivables	64.55	71.52	54.24	51.46	69.99
Inventory	16.8	17.49	10.26	10.16	12.34
Prepaid Expenses	-	-	7.51	9.57	-
Other Current Assets	49.52	21.42	7.37	3.29	13.07
Total Current Assets	171.11	220.45	164.23	132.23	138.04
Property, Plant & Equipment	124.49	86.1	66.12	67.58	69.19
Long-Term Investments	0.35	0.43	5.03	5.27	8.69
Goodwill	10.85	10.96	10.96	10.97	10.97
Other Intangible Assets	0.42	0.39	0.39	0.56	0.5
Long-Term Accounts Receivable	1.11	2.09	3	4.23	5.16
Long-Term Deferred Tax Assets	7.22	6.47	4.88	5.36	5.89
Other Long-Term Assets	19.92	19.81	20.07	19.51	21.51
Total Assets	335.47	346.69	274.69	245.71	259.95
Accounts Payable	54.56	42.14	31.92	28.67	39.46
Accrued Expenses	9.95	17.4	22.43	16.78	9.1
Short-Term Debt	0.02	-	-	-	-
Current Portion of Long-Term Debt	5.14	4.46	4.92	3.7	3.49
Current Portion of Leases	1.5	1.74	1.55	1.34	0.92
Current Income Taxes Payable	2.56	3.09	1.06	1.95	2.36
Current Unearned Revenue	52.35	73.28	27.48	25.67	40.44
Other Current Liabilities	12.57	6.08	4.68	4.8	8.25
Total Current Liabilities	138.65	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
Long-Term Unearned Revenue	0.82	0.18	0.93	1.69	2.24
Long-Term Deferred Tax Liabilities	2.14	2.27	2.37	2.55	2.64
Other Long-Term Liabilities	12.13	5.4	10.66	5.05	5.46
Total Liabilities	256.24	262.72	218.45	210.63	241.63
Common Stock	50	50	50	50	50
Retained Earnings	9.47	23	19.7	13.34	11.27
Treasury Stock	-2.87	-2.87	-2.87	-2.87	-2.87
Comprehensive Income & Other	18.84	9.09	-11.37	-25.42	-39.75
Total Common 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)	-68.92	-2.87	-32.08	-65.72	-89.06
Net Cash Per Share	-0.70	-0.03	-0.33	-0.67	-0.91
Filing Date Shares Outstanding	97.78	97.78	97.78	97.78	97.78
Total Common Shares Outstanding	97.78	97.78	97.78	97.78	97.78
Working Capital	32.46	72.27	70.19	49.33	34.02
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
Land	49.07	54.1	45.93	48.41	46.49
Machinery	74.13	78.53	71.63	71.71	70.79
Construction In Progress	55.89	16.23	7.92	7.22	11.49
Order Backlog	662	-	-	-	-