EPA:ARTO Balance Sheet

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	701.95	710.75	717.57	695.34	688.12	740.22
Cash & Short-Term Investments	701.95	710.75	717.57	695.34	688.12	740.22
Cash Growth	-0.92%	-0.95%	3.20%	1.05%	-7.04%	13.17%
Accounts Receivable	28.59	40.46	46.53	35.19	29	29.08
Other Receivables	1.32	9.71	3	2.66	3.6	3.92
Receivables	29.91	50.17	49.53	37.85	32.6	33.01
Inventory	27.32	27.18	30.31	29.73	22.55	18.33
Other Current Assets	3.9	4.22	4.09	3.94	3.47	3.11
Total Current Assets	763.08	792.31	801.5	766.85	746.73	794.67
Property, Plant & Equipment	16.74	17.34	18.96	19.85	20.93	21.69
Long-Term Investments	1,481	1,632	1,236	1,154	1,159	806.78
Goodwill	4.64	4.64	4.64	4.64	4.64	4.64
Other Intangible Assets	8.04	7.61	4.87	3.43	1.57	0.62
Long-Term Deferred Tax Assets	0.12	0.13	0.26	0.35	0.55	0.37
Other Long-Term Assets	0.64	0.76	0.85	0.79	0.85	1.36
Total Assets	2,274	2,455	2,067	1,949	1,934	1,630
Accounts Payable	28.35	20.67	23.46	22.85	21.32	20.26
Accrued Expenses	0.65	13.53	15.06	13.07	12.6	12.58
Short-Term Debt	7.26	9.11	8.07	9.43	8.98	8.2
Current Portion of Long-Term Debt	47.38	44.21	48.86	31.28	28.45	86.87
Current Portion of Leases	-	0.6	0.79	0.73	0.89	0.86
Current Income Taxes Payable	0.3	1.08	6.12	0.14	0.05	0.52
Current Unearned Revenue	-	6.52	7.22	6.89	6.33	6.88
Other Current Liabilities	8.76	10.21	12.1	9.23	10.15	4.63
Total Current Liabilities	92.69	105.91	121.68	93.6	88.77	140.8
Long-Term Leases	0.55	0.83	1.36	1.73	2.34	2.6
Pension & Post-Retirement Benefits	2.89	2.77	2.64	2.69	3.71	4.23
Long-Term Deferred Tax Liabilities	0.12	0.11	0.14	0.58	1.22	2.18
Other Long-Term Liabilities	0.3	0.39	0.33	0.32	0.32	1.23
Total Liabilities	96.55	110.01	126.15	98.93	96.37	151.04
Common Stock	5.32	5.32	5.32	5.32	5.32	5.32
Additional Paid-In Capital	4.61	4.61	4.61	4.61	4.61	4.61
Comprehensive Income & Other	2,168	2,331	1,932	1,837	1,830	1,466
Total Common Equity	2,178	2,341	1,942	1,847	1,840	1,476
Minority Interest	-0.56	3.97	-1.56	3.22	-2.03	2.78
Shareholders' Equity	2,177	2,345	1,941	1,850	1,838	1,479
Total Liabilities & Equity	2,274	2,455	2,067	1,949	1,934	1,630
Total Debt	55.19	54.74	59.08	43.17	40.66	98.53
Net Cash (Debt)	646.77	656.01	658.49	652.17	647.46	641.69
Net Cash Growth	0.40%	-0.38%	0.97%	0.73%	0.90%	12.92%
Net Cash Per Share	2429.63	2464.37	2473.68	2449.92	2432.23	2410.55
Filing Date Shares Outstanding	0.27	0.27	0.27	0.27	0.27	0.27
Total Common Shares Outstanding	0.27	0.27	0.27	0.27	0.27	0.27
Working Capital	670.39	686.4	679.82	673.25	657.96	653.87
Book Value Per Share	8181.21	8792.94	7295.96	6939.44	6912.63	5545.85
Tangible Book Value	2,165	2,328	1,933	1,839	1,834	1,471
Tangible Book Value Per Share	8133.58	8746.92	7260.25	6909.14	6889.32	5526.09
Land	-	2.42	2.42	2.42	2.42	2.42
Buildings	-	33.48	33.48	33.43	34.1	34.1
Machinery	-	9.27	9.15	9.17	9.79	10.81

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