Sonae, 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	-	599.91	710.86	793.81	825.06
Short-Term Investments	-	0.34	0.17	0	-
Cash & Short-Term Investments	-	600.25	711.03	793.82	825.06
Cash Growth	-	-15.58%	-10.43%	-3.79%	8.09%
Accounts Receivable	-	171.48	135.96	135.96	137.7
Other Receivables	-	267.42	193.38	144.6	141.62
Receivables	-	459	336.88	299.91	288.08
Inventory	-	1,244	798.65	727.23	633.57
Other Current Assets	-	225.19	101.58	116.48	127.3
Total Current Assets	-	2,528	1,948	1,937	1,874
Property, Plant & Equipment	4,629	3,601	2,987	2,734	2,702
Long-Term Investments	2,121	2,042	2,111	2,037	1,824
Goodwill	1,417	1,412	657.38	663.53	703.52
Other Intangible Assets	-	995.21	489.76	491.85	479.75
Long-Term Accounts Receivable	-	4.21	4.89	1.85	2.4
Long-Term Deferred Tax Assets	-	360.47	227.37	395.82	358.58
Other Long-Term Assets	337	375.68	408.22	362.19	369.6
Total Assets	8,504	11,335	8,845	8,641	8,325
Accounts Payable	-	1,911	1,442	1,435	1,347
Accrued Expenses	-	541.24	452.57	383.14	366.51
Short-Term Debt	-	3.77	1.55	2.97	2.37
Current Portion of Long-Term Debt	-	193.85	89.28	252.62	314.58
Current Portion of Leases	-	235.04	140.45	101.12	108.06
Current Income Taxes Payable	-	25.69	23.77	20.83	20.9
Current Unearned Revenue	-	29.05	36.06	25.72	72.41
Other Current Liabilities	1,376	382.73	316.52	243.69	154.5
Total Current Liabilities	1,376	3,322	2,502	2,465	2,386
Long-Term Debt	1,470	1,976	1,179	1,109	1,098
Long-Term Leases	1,737	1,518	1,261	1,110	1,075
Long-Term Unearned Revenue	-	74.28	57.99	53.92	51.46
Long-Term Deferred Tax Liabilities	-	565.83	328.69	531.79	502.32
Other Long-Term Liabilities	-	137.15	53.83	57.53	66.28
Total Liabilities	4,583	7,594	5,383	5,327	5,179
Common Stock	3,921	2,000	2,000	2,000	2,000
Retained Earnings	-	541.55	663.02	634.9	548.69
Treasury Stock	-	-67.65	-75.41	-83.88	-88.54
Comprehensive Income & Other	-	589.66	437.12	239.53	80.89
Total Common Equity	3,921	3,064	3,025	2,791	2,541
Minority Interest	-	677.29	437.05	523.85	605.55
Shareholders' Equity	3,921	3,741	3,462	3,314	3,147
Total Liabilities & Equity	8,504	11,335	8,845	8,641	8,325
Total Debt	3,207	3,927	2,672	2,575	2,598
Net Cash (Debt)	-3,207	-3,326	-1,961	-1,781	-1,773
Net Cash Per Share	-	-1.70	-1.01	-0.92	-0.92
Filing Date Shares Outstanding	-	1,938	1,930	1,920	1,915
Total Common Shares Outstanding	-	1,938	1,930	1,920	1,915
Working Capital	-1,376	-794.05	-553.94	-527.47	-511.88
Book Value Per Share	-	1.58	1.57	1.45	1.33
Tangible Book Value	2,504	656.57	1,878	1,635	1,358
Tangible Book Value Per Share	-	0.34	0.97	0.85	0.71
Land	-	1,408	1,360	1,309	1,284
Machinery	-	2,681	2,170	2,041	1,982
Construction In Progress	-	69.13	55.73	38.54	33.38

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