Passat Société Anonyme 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	9.8	6.02	8.66	9.12	8.13
Short-Term Investments	17.83	15.15	16.2	6.26	7.07
Cash & Short-Term Investments	27.63	21.17	24.87	15.37	15.2
Cash Growth	30.53%	-14.89%	61.79%	1.14%	-25.55%
Accounts Receivable	12.28	13.41	10.64	12.73	7.71
Other Receivables	0.39	4.85	4.71	4.56	3.18
Receivables	12.67	18.27	15.35	17.29	10.89
Inventory	14.84	18.29	14.87	18.32	12.67
Prepaid Expenses	-	0.3	0.17	0.24	0.14
Other Current Assets	0.23	-	-	-	-
Total Current Assets	55.36	58.02	55.26	51.22	38.9
Property, Plant & Equipment	5.79	6.02	3.89	3.08	2.91
Long-Term Investments	-	-	-	-	2.65
Goodwill	0.87	1.16	1.11	1.01	0.98
Other Intangible Assets	0.13	-0.02	0.01	0.23	0.04
Long-Term Deferred Tax Assets	0.23	0.47	0.81	0.75	0.07
Other Long-Term Assets	0.54	2.46	1.57	1.61	-
Total Assets	62.93	68.11	62.64	57.9	46.11
Accounts Payable	8.24	10.11	7.36	7.45	6.54
Accrued Expenses	0.15	2.72	2.98	2.5	1.66
Current Portion of Long-Term Debt	4.29	-	-	-	-
Current Portion of Leases	0.41	0.41	0.42	0.29	0.29
Current Income Taxes Payable	-	-	-	0.05	0.26
Other Current Liabilities	3.47	4.19	3.96	3.9	1.95
Total Current Liabilities	16.56	17.43	14.72	14.19	10.7
Long-Term Debt	-	5.64	6.26	4.58	-
Long-Term Leases	2.44	2.79	0.67	0.16	0.47
Pension & Post-Retirement Benefits	0.43	0.47	0.4	0.3	0.33
Long-Term Deferred Tax Liabilities	0	0	0	0	0
Other Long-Term Liabilities	0.14	0.14	0.18	0.13	0.1
Total Liabilities	19.57	26.47	22.23	19.35	11.6
Common Stock	1.96	2.1	2.1	2.1	2.1
Additional Paid-In Capital	1.13	1.13	1.13	1.13	1.13
Retained Earnings	39.96	38.24	37.09	34.94	31.12
Treasury Stock	-	-0.84	-0.74	-0.74	-0.74
Comprehensive Income & Other	-0.01	0.66	0.35	0.63	0.21
Total Common Equity	43.04	41.28	39.93	38.06	33.82
Minority Interest	0.31	0.36	0.48	0.5	0.69
Shareholders' Equity	43.36	41.64	40.41	38.56	34.51
Total Liabilities & Equity	62.93	68.11	62.64	57.9	46.11
Total Debt	7.14	8.84	7.36	5.03	0.76
Net Cash (Debt)	20.49	12.32	17.51	10.34	14.44
Net Cash Growth	66.25%	-29.64%	69.34%	-28.38%	-25.44%
Net Cash Per Share	5.25	3.13	4.45	2.62	3.65
Filing Date Shares Outstanding	3.9	3.93	3.95	3.95	3.95
Total Common Shares Outstanding	3.9	3.93	3.95	3.95	3.95
Working Capital	38.8	40.59	40.54	37.04	28.19
Book Value Per Share	11.03	10.50	10.10	9.63	8.55
Tangible Book Value	42.04	40.14	38.82	36.82	32.8
Tangible Book Value Per Share	10.77	10.21	9.82	9.31	8.30
Land	-	0.08	0.46	0.46	0.46
Buildings	-	1.91	1.85	1.48	1.47
Machinery	-	10.16	9.95	9.61	4

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