ABC arbitrage 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	10.17	9.73	9.22	14.23	18.25
Trading Asset Securities	159.11	151.66	147.73	154.18	133.99
Cash & Short-Term Investments	169.28	161.39	156.95	168.4	152.24
Cash Growth	4.89%	2.83%	-6.80%	10.62%	-4.30%
Accounts Receivable	9.9	9.65	8.32	11.33	24.3
Other Receivables	0.52	0.72	0.73	0.73	1.12
Receivables	10.42	10.37	9.04	12.05	25.41
Prepaid Expenses	0.92	1.13	-	-	-
Other Current Assets	0.1	0.06	-	0	0
Total Current Assets	180.73	172.95	165.99	180.45	177.65
Property, Plant & Equipment	3.64	4.72	5.43	6.01	6.55
Other Intangible Assets	0.13	0.12	0.2	0.12	0.1
Long-Term Deferred Tax Assets	0.2	0.18	0.11	0.08	0.27
Other Long-Term Assets	0.4	0.41	0.38	0.67	0.63
Total Assets	185.09	178.36	172.11	187.33	185.2
Accounts Payable	0.46	0.36	0.83	0.49	0.96
Accrued Expenses	12.38	9.54	5.59	14.09	13.39
Current Portion of Leases	1.35	1.54	1.29	1.3	1.13
Current Income Taxes Payable	-	-	5.43	5.39	5.43
Current Unearned Revenue	0.01	0.29	0.01	-	-
Other Current Liabilities	-	0	-	0	0
Total Current Liabilities	14.21	11.73	13.15	21.27	20.92
Long-Term Leases	1.27	2.51	3.56	4.4	4.26
Total Liabilities	15.48	14.24	16.7	25.67	25.18
Common Stock	0.95	0.95	0.95	0.95	0.95
Additional Paid-In Capital	41.44	41.44	41.44	41.44	39.75
Retained Earnings	128.15	123.05	113.8	122.39	119.89
Treasury Stock	-0.94	-1.32	-0.79	-3.13	-0.56
Comprehensive Income & Other	-	-0	-	-	-
Total Common Equity	169.61	164.13	155.41	161.66	160.02
Shareholders' Equity	169.61	164.13	155.41	161.66	160.02
Total Liabilities & Equity	185.09	178.36	172.11	187.33	185.2
Total Debt	2.63	4.05	4.84	5.7	5.39
Net Cash (Debt)	166.66	157.35	152.11	162.7	146.85
Net Cash Growth	5.92%	3.44%	-6.51%	10.79%	-7.02%
Net Cash Per Share	2.79	2.64	2.55	2.72	2.40
Filing Date Shares Outstanding	59.44	59.3	59.47	59.15	59.25
Total Common Shares Outstanding	59.44	59.3	59.47	59.15	59.25
Working Capital	166.52	161.22	152.85	159.18	156.73
Book Value Per Share	2.85	2.77	2.61	2.73	2.70
Tangible Book Value	169.48	164.01	155.21	161.54	159.93
Tangible Book Value Per Share	2.85	2.77	2.61	2.73	2.70
Machinery	8.29	7.54	7.19	7.29	6.7

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