Baikowski 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	8.09	5.59	7.15	9.38	9.39
Cash & Short-Term Investments	8.09	5.59	7.15	9.38	9.39
Cash Growth	44.74%	-21.80%	-23.78%	-0.17%	29.77%
Accounts Receivable	11.64	8.04	3.25	8.73	7.68
Other Receivables	3.58	3.12	3.23	1.17	1.38
Receivables	15.22	11.16	6.48	9.9	9.07
Inventory	11.38	13.4	15.19	13.81	9.8
Prepaid Expenses	0.2	0.22	0.26	0.28	0.2
Other Current Assets	-0	-	0.03	0.05	0.1
Total Current Assets	34.89	30.37	29.1	33.42	28.57
Property, Plant & Equipment	23.97	23.11	20.88	21.33	22.49
Long-Term Investments	7.19	7.13	6.25	5.01	5.76
Goodwill	5.09	5.09	5.09	5.09	5.09
Other Intangible Assets	1.16	1.31	1.56	1.65	1.85
Long-Term Deferred Tax Assets	1.41	1.86	2.01	1.37	0.79
Other Long-Term Assets	0.44	0.45	0.4	0.36	0.45
Total Assets	74.16	69.32	65.3	68.22	64.99
Accounts Payable	3.94	3.9	2.09	3.62	3.48
Accrued Expenses	3.14	3.17	2.55	3.55	3.48
Current Portion of Long-Term Debt	7.77	5.01	8.14	7.04	2.1
Current Income Taxes Payable	-	-	-	0.28	0
Current Unearned Revenue	0.36	0.33	0.15	0.02	0.37
Other Current Liabilities	1.47	1.22	1.56	0.72	1.01
Total Current Liabilities	16.68	13.63	14.49	15.24	10.45
Long-Term Debt	8.76	8.39	7.5	7.22	11.86
Pension & Post-Retirement Benefits	1.32	1.41	1.32	1.32	1.62
Long-Term Deferred Tax Liabilities	0.01	0.06	0.06	0.1	0.13
Other Long-Term Liabilities	1.13	0.05	0.05	0.06	0.13
Total Liabilities	27.9	23.54	23.44	23.94	24.18
Common Stock	4.6	4.6	4.6	4.6	4.59
Additional Paid-In Capital	1.96	1.96	1.96	1.96	1.96
Retained Earnings	3.75	3.79	0.94	6.54	6.78
Comprehensive Income & Other	35.95	35.44	34.37	31.19	27.49
Shareholders' Equity	46.26	45.78	41.86	44.28	40.82
Total Liabilities & Equity	74.16	69.32	65.3	68.22	64.99
Total Debt	16.53	13.4	15.64	14.26	13.96
Net Cash (Debt)	-8.44	-7.81	-8.49	-4.88	-4.56
Net Cash Per Share	-2.30	-2.13	-2.31	-1.33	-1.24
Filing Date Shares Outstanding	3.67	3.67	3.67	3.67	3.67
Total Common Shares Outstanding	3.67	3.67	3.67	3.67	3.67
Working Capital	18.22	16.74	14.61	18.18	18.12
Book Value Per Share	12.61	12.47	11.40	12.07	11.13
Tangible Book Value	40.01	39.38	35.21	37.55	33.88
Tangible Book Value Per Share	10.90	10.73	9.59	10.23	9.24
Land	23.85	25.37	23.78	23.76	23.72
Machinery	66.84	74.38	-	-	-
Construction In Progress	3.47	2.53	1.72	1.31	1.11

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