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	585.37	599.91	710.86	793.81	825.06
Short-Term Investments	0.31	0.34	0.17	0	-
Cash & Short-Term Investments	585.68	600.25	711.03	793.82	825.06
Cash Growth	-2.43%	-15.58%	-10.43%	-3.79%	8.09%
Accounts Receivable	180.61	171.48	135.96	135.96	137.7
Other Receivables	211.72	267.42	193.38	144.6	141.62
Receivables	407.45	459	336.88	299.91	288.08
Inventory	1,346	1,244	798.65	727.23	633.57
Other Current Assets	139.28	225.19	101.58	116.48	127.3
Total Current Assets	2,478	2,528	1,948	1,937	1,874
Property, Plant & Equipment	3,641	3,601	2,987	2,734	2,702
Long-Term Investments	2,118	2,042	2,111	2,037	1,824
Goodwill	1,417	1,412	657.38	663.53	703.52
Other Intangible Assets	988.71	995.21	489.76	491.85	479.75
Long-Term Accounts Receivable	4.19	4.21	4.89	1.85	2.4
Long-Term Deferred Tax Assets	326.66	360.47	227.37	395.82	358.58
Other Long-Term Assets	372.87	375.68	408.22	362.19	369.6
Total Assets	11,359	11,335	8,845	8,641	8,325
Accounts Payable	1,929	1,911	1,442	1,435	1,347
Accrued Expenses	556.03	541.24	452.57	383.14	366.51
Short-Term Debt	3.76	3.77	1.55	2.97	2.37
Current Portion of Long-Term Debt	165.92	193.85	89.28	252.62	314.58
Current Portion of Leases	222.43	235.04	140.45	101.12	108.06
Current Income Taxes Payable	35.54	25.69	23.77	20.83	20.9
Current Unearned Revenue	32.37	29.05	36.06	25.72	72.41
Other Current Liabilities	339.1	382.73	316.52	243.69	154.5
Total Current Liabilities	3,284	3,322	2,502	2,465	2,386
Long-Term Debt	1,889	1,976	1,179	1,109	1,098
Long-Term Leases	1,514	1,518	1,261	1,110	1,075
Long-Term Unearned Revenue	84.84	74.28	57.99	53.92	51.46
Long-Term Deferred Tax Liabilities	552.38	565.83	328.69	531.79	502.32
Other Long-Term Liabilities	113.67	137.15	53.83	57.53	66.28
Total Liabilities	7,438	7,594	5,383	5,327	5,179
Common Stock	2,000	2,000	2,000	2,000	2,000
Retained Earnings	522.75	541.55	663.02	634.9	548.69
Treasury Stock	-61.88	-67.65	-75.41	-83.88	-88.54
Comprehensive Income & Other	725.74	589.66	437.12	239.53	80.89
Total Common Equity	3,187	3,064	3,025	2,791	2,541
Minority Interest	734.11	677.29	437.05	523.85	605.55
Shareholders' Equity	3,921	3,741	3,462	3,314	3,147
Total Liabilities & Equity	11,359	11,335	8,845	8,641	8,325
Total Debt	3,795	3,927	2,672	2,575	2,598
Net Cash (Debt)	-3,210	-3,326	-1,961	-1,781	-1,773
Net Cash Per Share	-1.64	-1.70	-1.01	-0.92	-0.92
Filing Date Shares Outstanding	1,945	1,938	1,930	1,920	1,915
Total Common Shares Outstanding	1,945	1,938	1,930	1,920	1,915
Working Capital	-805.9	-794.05	-553.94	-527.47	-511.88
Book Value Per Share	1.64	1.58	1.57	1.45	1.33
Tangible Book Value	780.53	656.57	1,878	1,635	1,358
Tangible Book Value Per Share	0.40	0.34	0.97	0.85	0.71
Land	1,446	1,408	1,360	1,309	1,284
Machinery	2,777	2,681	2,170	2,041	1,982
Construction In Progress	59.49	69.13	55.73	38.54	33.38

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