Teixeira Duarte Balance Sheet

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	77.74	78.24	86.35	80.67	92.85	116.22
Short-Term Investments	-	0.43	0.99	1.58	2.86	7.72
Cash & Short-Term Investments	77.74	78.67	87.34	82.25	95.71	123.94
Cash Growth	8.25%	-9.92%	6.19%	-14.06%	-22.78%	-12.66%
Accounts Receivable	137.51	219.38	209.16	247.65	204.75	261.07
Other Receivables	36.56	42.75	35.27	33.92	40.36	39.06
Receivables	174.07	262.14	244.43	281.57	245.11	300.13
Inventory	105.48	271.14	291.43	247.78	224.72	171.42
Restricted Cash	15	15	15	15	-	-
Other Current Assets	361.61	85.54	83.71	97.94	68.6	66.39
Total Current Assets	733.89	712.5	721.9	724.54	634.14	661.87
Property, Plant & Equipment	403.34	456.96	448.22	505.62	494.25	432.87
Long-Term Investments	16.84	21.95	25.09	26.85	23.1	33.07
Goodwill	14.35	14.34	14.34	13.74	12.25	12.2
Other Intangible Assets	13.04	15.68	18.62	27.82	25.89	55.03
Long-Term Accounts Receivable	-	-	0.04	4.62	0.14	12.49
Long-Term Deferred Tax Assets	136.24	135.35	155.58	165.04	166.19	145.77
Other Long-Term Assets	95.71	102.02	134.86	230.26	291.74	246.35
Total Assets	1,413	1,459	1,519	1,698	1,648	1,600
Accounts Payable	112.08	120.72	145.05	160.89	135.98	106.2
Accrued Expenses	-	46.44	54.78	64.14	61.36	54.52
Current Portion of Long-Term Debt	185.71	247.01	220.69	222.4	171.38	77.29
Current Portion of Leases	4.5	7.67	5.29	5.64	6.18	6.16
Current Income Taxes Payable	-	-13.71	-3.91	-10.09	-2.79	0.34
Current Unearned Revenue	-	40.77	30.51	33.41	33.37	34.56
Other Current Liabilities	320.97	196.63	168.83	194.53	216.69	168.09
Total Current Liabilities	623.25	645.53	621.25	670.93	622.16	447.15
Long-Term Debt	466.28	464.51	506.48	544.75	607.25	697.11
Long-Term Leases	16.39	17.06	16.21	20.89	26.48	29.17
Long-Term Deferred Tax Liabilities	88.82	89.84	91.91	101.67	102.88	84.17
Other Long-Term Liabilities	52.22	73.52	133.49	128.72	99.73	103.79
Total Liabilities	1,247	1,290	1,369	1,467	1,459	1,361
Common Stock	210	210	210	210	210	210
Retained Earnings	-4.9	-48.22	-79.17	-72.32	-47.36	68.91
Comprehensive Income & Other	-57.96	-14.74	-1.27	76.71	7.45	-69.32
Total Common Equity	147.14	147.04	129.56	214.39	170.1	209.59
Minority Interest	19.29	21.31	19.76	17.16	19.11	28.67
Shareholders' Equity	166.43	168.36	149.32	231.55	189.21	238.27
Total Liabilities & Equity	1,413	1,459	1,519	1,698	1,648	1,600
Total Debt	672.88	736.24	748.67	793.68	811.29	809.72
Net Cash (Debt)	-595.13	-657.56	-661.34	-711.44	-715.58	-685.79
Net Cash Per Share	-1.42	-1.57	-1.57	-1.69	-1.70	-1.63
Filing Date Shares Outstanding	420	420	420	420	420	420
Total Common Shares Outstanding	420	420	420	420	420	420
Working Capital	110.64	66.97	100.65	53.61	11.98	214.72
Book Value Per Share	0.35	0.35	0.31	0.51	0.40	0.50
Tangible Book Value	119.75	117.02	96.6	172.82	131.96	142.36
Tangible Book Value Per Share	0.29	0.28	0.23	0.41	0.31	0.34
Land	28.51	32.07	31.46	27.02	14.31	12.98
Buildings	852.33	958.18	951.83	1,032	898.37	752.68
Machinery	360.77	365.22	366.09	381.69	383.92	364.74
Construction In Progress	5.61	5.46	3.56	12.33	2.74	2.55
Order Backlog	-	1,540	-	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.