Burelle 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	760	694	664	620.12	946.09
Cash & Short-Term Investments	760	694	664	620.12	946.09
Cash Growth	9.51%	4.52%	7.08%	-34.45%	7.13%
Accounts Receivable	876	889	1,020	1,008	738.13
Other Receivables	438	389	368	450.57	336.32
Receivables	1,314	1,278	1,388	1,459	1,074
Inventory	962	935	956	850.55	637.68
Other Current Assets	79	60	69	85.6	18.56
Total Current Assets	3,115	2,967	3,077	3,015	2,677
Property, Plant & Equipment	1,985	2,072	1,963	1,929	1,701
Long-Term Investments	592	605	556	522.62	465.24
Goodwill	1,292	1,302	1,297	1,320	1,027
Other Intangible Assets	799	793	720	682.36	538.79
Long-Term Deferred Tax Assets	216	191	165	145.34	126.04
Other Long-Term Assets	250	255	253	258.41	229.25
Total Assets	8,249	8,185	8,031	7,872	6,766
Accounts Payable	1,455	1,509	1,622	1,590	1,192
Accrued Expenses	443	378	365	379.41	302.57
Short-Term Debt	318	498	623	523.73	333.97
Current Portion of Long-Term Debt	172	590	640	293.35	138.22
Current Portion of Leases	63	67	59	57.17	44.41
Current Income Taxes Payable	60	38	46	35.03	24.99
Current Unearned Revenue	453	432	446	352.23	312.38
Other Current Liabilities	723	688	622	574.65	462.77
Total Current Liabilities	3,687	4,200	4,423	3,806	2,811
Long-Term Debt	1,544	1,064	835	1,363	1,261
Long-Term Leases	235	242	228	206.47	137.18
Long-Term Unearned Revenue	21	23	21	20.94	13.32
Pension & Post-Retirement Benefits	73	75	75	69.67	86.52
Long-Term Deferred Tax Liabilities	48	40	36	59.37	49.85
Other Long-Term Liabilities	77	64	64	76.42	34.24
Total Liabilities	5,685	5,708	5,682	5,602	4,393
Common Stock	26	26	26	26.36	26.36
Additional Paid-In Capital	16	16	16	15.5	15.5
Retained Earnings	121	115	1,527	1,439	1,471
Treasury Stock	-3	-3	-3	-3.49	-3.66
Comprehensive Income & Other	1,554	1,495	-16	19.3	7.79
Total Common Equity	1,714	1,649	1,550	1,497	1,517
Minority Interest	850	828	799	772.95	855.48
Shareholders' Equity	2,564	2,477	2,349	2,270	2,373
Total Liabilities & Equity	8,249	8,185	8,031	7,872	6,766
Total Debt	2,332	2,461	2,385	2,444	1,915
Net Cash (Debt)	-1,572	-1,767	-1,721	-1,824	-968.66
Net Cash Per Share	-896.79	-1008.04	-981.80	-1040.60	-552.53
Filing Date Shares Outstanding	1.75	1.75	1.75	1.75	1.75
Total Common Shares Outstanding	1.75	1.75	1.75	1.75	1.75
Working Capital	-572	-1,233	-1,346	-790.5	-134.34
Book Value Per Share	977.74	940.73	884.24	854.02	865.42
Tangible Book Value	-377	-446	-467	-504.92	-48.63
Tangible Book Value Per Share	-215.06	-254.44	-266.41	-288.04	-27.74
Land	164	169	160	150.1	152.12
Buildings	1,446	1,441	1,375	1,328	1,154
Machinery	2,297	2,346	2,170	2,152	1,933
Construction In Progress	343	314	278	199.25	142

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