Kerlink 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	2.27	4.81	3.99	5.75	14.53
Cash & Short-Term Investments	2.27	4.81	3.99	5.75	14.53
Cash Growth	-52.78%	20.53%	-30.49%	-60.47%	124.88%
Accounts Receivable	-	2.8	4.89	5.32	5.15
Other Receivables	-	0.58	0.46	0.38	0.65
Receivables	-	3.38	5.35	5.71	5.8
Inventory	-	9.91	11.65	14.2	6.68
Prepaid Expenses	-	0.28	1.64	2.29	0.58
Other Current Assets	11.32	0.04	0	0	0.01
Total Current Assets	13.59	18.41	22.63	27.95	27.59
Property, Plant & Equipment	-	1.03	1.6	2.31	1.61
Other Intangible Assets	-	1.75	1.77	1.88	0.98
Long-Term Deferred Tax Assets	-	0.09	0.09	0.09	0.09
Long-Term Deferred Charges	-	1.35	1.57	1.13	1.88
Other Long-Term Assets	4.89	0.58	0.57	0.95	0.94
Total Assets	18.48	23.21	28.22	34.29	33.09
Accounts Payable	-	2.26	2.61	3.93	4.06
Accrued Expenses	-	1.16	1.82	1.27	1.76
Short-Term Debt	-	0.72	1.44	1.29	3.26
Current Portion of Long-Term Debt	0.97	3.16	0.52	2.89	1.21
Current Portion of Leases	-	0.13	0.19	0.19	0.15
Current Income Taxes Payable	-	-	0	0	0.01
Current Unearned Revenue	-	0.88	0.95	0.95	1.42
Other Current Liabilities	5.03	1.39	0.11	0.13	0.01
Total Current Liabilities	6	9.7	7.64	10.66	11.87
Long-Term Debt	9.89	8.19	11.35	9.72	4.79
Long-Term Leases	-	0.51	0.69	0.88	0.22
Pension & Post-Retirement Benefits	-	0.36	0.32	0.36	0.49
Other Long-Term Liabilities	0.56	0.37	0.37	0.08	0.05
Total Liabilities	16.45	19.13	20.38	21.7	17.42
Common Stock	2.03	2.02	2.02	2.01	1.99
Retained Earnings	-	-13.57	-9.79	-5.09	-2.03
Comprehensive Income & Other	-	15.64	15.62	15.66	15.71
Shareholders' Equity	2.03	4.08	7.85	12.59	15.67
Total Liabilities & Equity	18.48	23.21	28.22	34.29	33.09
Total Debt	10.86	12.71	14.2	14.97	9.62
Net Cash (Debt)	-8.59	-7.9	-10.2	-9.23	4.91
Net Cash Per Share	-	-1.05	-1.36	-1.22	0.74
Filing Date Shares Outstanding	-	7.45	7.45	7.42	7.37
Total Common Shares Outstanding	-	7.45	7.45	7.42	7.37
Working Capital	7.6	8.71	15	17.29	15.73
Book Value Per Share	-	0.55	1.05	1.70	2.13
Tangible Book Value	2.03	2.33	6.08	10.71	14.7
Tangible Book Value Per Share	-	0.31	0.82	1.44	2.00
Machinery	-	2.71	3.03	3.57	3.19

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