ELI:RAM 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
Property, Plant & Equipment	0.3	0.42	26.56	24.39	21.01
Cash & Equivalents	1.17	2.5	16.16	28.55	54.56
Accounts Receivable	7.76	7.47	36.23	49.39	47.66
Other Receivables	0	0.05	0.31	1.08	3.72
Goodwill	-	-	0.01	-	-
Other Intangible Assets	-	-	0.02	0.01	-
Other Current Assets	0.77	0.55	29.98	38.38	29.41
Deferred Long-Term Tax Assets	-	0.1	1.72	2.09	3.74
Other Long-Term Assets	93.12	131.46	94.54	95.33	94.95
Total Assets	103.13	142.55	205.53	239.22	255.05
Current Portion of Long-Term Debt	-	-	21.24	19.26	26.76
Current Portion of Leases	0.02	0.01	0.37	0.26	0.2
Long-Term Debt	-	-	19.86	26.1	32.36
Long-Term Leases	0.04	0	0.85	0.41	0.29
Accounts Payable	0.17	0.14	23.36	34.29	43.47
Accrued Expenses	0.74	0.77	6.67	7.07	8.59
Current Income Taxes Payable	2.52	1.5	-	2.36	2.55
Current Unearned Revenue	-	-	0.17	0.22	0.59
Other Current Liabilities	0.01	0.11	1.02	3.32	1.08
Long-Term Deferred Tax Liabilities	0.01	0.01	0.91	0.91	0.92
Other Long-Term Liabilities	-	18.81	2.19	2.16	2.16
Total Liabilities	3.51	24.82	81.75	105.1	125.52
Common Stock	25.64	25.64	25.64	25.64	25.64
Retained Earnings	72.93	91.04	97.1	107.69	103.04
Comprehensive Income & Other	1.05	1.05	1.05	0.79	0.85
Total Common Equity	99.62	117.73	123.79	134.12	129.53
Shareholders' Equity	99.62	117.73	123.79	134.12	129.53
Total Liabilities & Equity	103.13	142.55	205.53	239.22	255.05
Total Debt	0.06	3.49	47.42	54.77	66.15
Net Cash (Debt)	1.11	-0.99	-31.26	-26.22	-11.6
Net Cash Per Share	0.04	-0.04	-1.22	-1.02	-0.45
Filing Date Shares Outstanding	25.64	25.64	25.64	25.64	25.64
Total Common Shares Outstanding	25.64	25.64	25.64	25.64	25.64
Book Value Per Share	3.89	4.59	4.83	5.23	5.05
Tangible Book Value	99.62	117.73	123.76	134.11	129.53
Tangible Book Value Per Share	3.89	4.59	4.83	5.23	5.05
Land	0.24	0.39	6.25	6.17	5.85
Buildings	0	11.23	21.94	22.35	21.07
Construction In Progress	-	-	4.42	1.82	0.7

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.