74Software 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	49.08	41.44	16.68	18.32	25.36
Cash & Short-Term Investments	49.08	41.44	16.68	18.32	25.36
Cash Growth	18.43%	148.39%	-8.95%	-27.74%	56.85%
Accounts Receivable	279.88	293.53	178.01	148.15	105.1
Other Receivables	97.11	69.85	16.05	14.98	14.65
Receivables	376.99	363.38	194.06	163.12	119.76
Inventory	6.87	4.54	-	-	-
Prepaid Expenses	-	24.8	16.29	15.69	13.17
Other Current Assets	-	2.75	-0.01	-0.02	-0.02
Total Current Assets	432.94	436.9	227.02	197.11	158.26
Property, Plant & Equipment	69.93	65.27	27.11	32.61	37.82
Long-Term Investments	17.67	1.33	-	-	-
Goodwill	523.2	497.36	302.12	297.79	348.33
Other Intangible Assets	133.51	192.3	5.14	8.69	15.07
Long-Term Deferred Tax Assets	34.28	32.23	20.1	23.06	14.62
Long-Term Deferred Charges	-	11.25	10.31	9.67	6.11
Other Long-Term Assets	-	4.21	2.79	2.14	2.71
Total Assets	1,212	1,241	594.59	571.07	582.91
Accounts Payable	32.75	28.67	11.31	11.27	10.9
Accrued Expenses	-	132.4	46.47	41.83	31.26
Short-Term Debt	-	1.04	-	-	0.08
Current Portion of Long-Term Debt	15.2	26.34	4.28	3.21	1.64
Current Portion of Leases	10.61	9.45	4.04	5.77	6.17
Current Income Taxes Payable	-	16.82	2.18	0.97	1.15
Current Unearned Revenue	95.43	88.94	49.82	55.73	55.91
Other Current Liabilities	161.16	10.19	6.01	4.72	2.65
Total Current Liabilities	315.15	313.84	124.11	123.5	109.76
Long-Term Debt	226.87	264.37	88	84.59	60.1
Long-Term Leases	47.25	44.9	19.69	23.47	27.2
Long-Term Unearned Revenue	-	1.99	-	0.93	1.52
Pension & Post-Retirement Benefits	32.57	34.87	8.89	-	-
Long-Term Deferred Tax Liabilities	30.05	45.03	4.38	2.68	3.87
Other Long-Term Liabilities	6.15	3.47	3.27	8.08	8.25
Total Liabilities	658.04	708.47	248.32	243.25	210.69
Common Stock	59.49	59.49	43.27	43.27	43.27
Retained Earnings	40.75	39.17	35.83	-40.05	9.6
Treasury Stock	-	-12.85	-13.15	-11.95	-9.82
Comprehensive Income & Other	453.19	446.47	280.32	336.53	329.17
Total Common Equity	553.43	532.28	346.26	327.81	372.22
Minority Interest	0.06	0.11	0.01	0.01	0.01
Shareholders' Equity	553.48	532.39	346.27	327.82	372.22
Total Liabilities & Equity	1,212	1,241	594.59	571.07	582.91
Total Debt	299.93	346.1	116	117.05	95.18
Net Cash (Debt)	-250.86	-304.66	-99.32	-98.73	-69.83
Net Cash Per Share	-8.37	-12.58	-4.60	-4.56	-3.11
Filing Date Shares Outstanding	29.46	29.11	20.97	20.91	21.28
Total Common Shares Outstanding	29.46	29.11	20.97	20.91	21.28
Working Capital	117.79	123.06	102.92	73.62	48.51
Book Value Per Share	18.78	18.29	16.51	15.68	17.49
Tangible Book Value	-103.27	-157.38	39	21.33	8.82
Tangible Book Value Per Share	-3.51	-5.41	1.86	1.02	0.41
Machinery	-	71.15	40.92	41.44	39.66

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