Gascogne 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	37.11	105.14	46.95	32.72	29.71
Trading Asset Securities	-	-	0.01	0.03	-
Cash & Short-Term Investments	37.11	105.14	46.96	32.75	29.71
Cash Growth	-64.70%	123.91%	43.39%	10.22%	-22.34%
Accounts Receivable	58.94	60.25	57.03	70.63	67.44
Other Receivables	23.46	19.53	22.74	18.73	16.42
Receivables	82.46	79.91	79.9	89.48	84
Inventory	137.97	127.62	115.01	127.64	98.97
Other Current Assets	3.91	4.59	3.3	3.87	0.94
Total Current Assets	261.45	317.26	245.17	253.74	213.61
Property, Plant & Equipment	367.72	306.99	260.37	195.5	169.99
Long-Term Investments	0.07	8.61	2.15	4.24	3.8
Goodwill	1.36	1.39	1.36	1.39	1.41
Other Intangible Assets	11.01	10.95	10.83	10.14	9.47
Long-Term Deferred Tax Assets	0.18	0.18	0.2	0.01	1.73
Other Long-Term Assets	8.23	1.03	10.52	-	-
Total Assets	651.48	647.82	532.03	466.54	401.47
Accounts Payable	64.95	68.26	51.79	70.33	59.86
Accrued Expenses	1.05	1.05	1.05	1.05	1.05
Short-Term Debt	36.5	36.03	36.45	44.02	36.21
Current Portion of Long-Term Debt	20.3	13.63	13.42	12.83	54.05
Current Portion of Leases	3.4	2.98	2.72	3.41	2.25
Current Income Taxes Payable	0.07	0.04	0.33	0.44	0.2
Current Unearned Revenue	0.1	0.11	0.11	0.1	0.07
Other Current Liabilities	73	54.98	60.73	51.66	31.31
Total Current Liabilities	199.37	177.07	166.61	183.85	185.01
Long-Term Debt	205.53	215.66	130.34	73.53	29.31
Long-Term Leases	8.2	5.85	6.23	4.6	5.64
Long-Term Unearned Revenue	17.32	17.46	17.52	3.93	3.84
Pension & Post-Retirement Benefits	12.56	13.87	14.5	12.35	17.69
Long-Term Deferred Tax Liabilities	0.32	0.64	0.92	0.87	0.28
Other Long-Term Liabilities	3.05	2.88	2.69	2.59	1.71
Total Liabilities	446.35	433.43	338.81	281.71	243.48
Common Stock	94.21	94.21	60.8	60.8	60.8
Additional Paid-In Capital	0.33	0.33	-	-	-
Retained Earnings	-10.33	-0.63	9.67	22.52	12.87
Treasury Stock	-2.98	-2.98	-2.98	-2.98	-2.98
Comprehensive Income & Other	123.9	123.46	125.72	104.49	87.29
Total Common Equity	205.13	214.4	193.22	184.83	157.98
Shareholders' Equity	205.13	214.4	193.22	184.83	157.98
Total Liabilities & Equity	651.48	647.82	532.03	466.54	401.47
Total Debt	273.93	274.15	189.16	138.39	127.46
Net Cash (Debt)	-236.82	-169	-142.2	-105.64	-97.75
Net Cash Per Share	-6.29	-4.49	-4.84	-3.59	-3.32
Filing Date Shares Outstanding	37.64	37.64	29.4	24.28	24.28
Total Common Shares Outstanding	37.64	37.64	29.4	24.28	24.28
Working Capital	62.08	140.19	78.56	69.89	28.61
Book Value Per Share	5.45	5.70	6.57	7.61	6.51
Tangible Book Value	192.77	202.06	181.03	173.3	147.11
Tangible Book Value Per Share	5.12	5.37	6.16	7.14	6.06
Land	19.95	19.28	18.94	18.57	18.21
Buildings	111.48	107.97	104.14	102.26	101.32
Machinery	566.93	560.48	544.6	541.16	530.29
Construction In Progress	199.75	135.81	95.57	31.87	3.64