Bureau Veritas Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	942.1	1,366	1,204	1,174	1,662	1,421
Short-Term Investments	3.9	9.8	11.3	9.1	22.1	23.6
Cash & Short-Term Investments	946	1,376	1,216	1,183	1,684	1,444
Cash Growth	-31.25%	13.20%	2.75%	-29.76%	16.61%	-10.38%
Accounts Receivable	1,989	1,879	1,955	1,910	1,864	1,812
Other Current Assets	101.1	56.3	46.6	33.5	42.2	33.3
Total Current Assets	3,036	3,314	3,222	3,131	3,596	3,295
Net Property, Plant & Equipment	738	813.9	811.5	780.5	756.1	740.6
Other Intangible Assets	321.3	393.4	464.4	360	392.5	402.5
Goodwill	2,179	2,274	2,313	2,127	2,144	2,079
Long-Term Investments	84.2	82.5	100.2	108.9	108.1	107.4
Other Long-Term Assets	634.7	185.6	283.7	136.6	122.6	128.5
Total Assets	6,993	7,063	7,195	6,644	7,119	6,753
Accounts Payable	1,302	1,394	1,393	1,273	1,267	1,275
Current Portion of Long-Term Debt	740.3	229.9	534.4	31.2	535.4	112.1
Current Portion of Leases	121.7	118	114.3	107.5	99.4	107.6
Unearned Revenue	283.2	247.7	269.1	257.2	255	223.9
Other Current Liabilities	297.9	211.2	224.1	200.5	215.5	174.7
Total Current Liabilities	2,598	2,163	2,506	1,873	2,379	1,896
Long-Term Debt	1,891	2,390	1,897	2,080	2,102	2,362
Long-Term Leases	289.4	347.6	328	319.7	308.4	307.5
Other Long-Term Liabilities	363.4	374.7	405.6	385.5	408.1	487.5
Total Long-Term Liabilities	2,544	3,106	2,620	2,778	2,812	3,150
Total Liabilities	5,141	5,270	5,125	4,651	5,191	5,046
Common Stock	54.5	54.5	54.5	54.5	54.3	54.3
Retained Earnings	1,604	1,657	1,917	1,882	1,808	1,584
Total Common Shareholders' Equity	1,658	1,711	1,972	1,936	1,862	1,639
Minority Interest	46	42.2	64.1	57.7	65.9	68.6
Shareholders' Equity	1,704	1,753	2,036	1,994	1,928	1,707
Total Liabilities & Equity	6,993	7,063	7,195	6,644	7,119	6,753
Total Debt	3,042	3,085	2,873	2,538	3,045	2,889
Net Cash (Debt)	-2,096	-1,710	-1,658	-1,355	-1,361	-1,445
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-4.71	-3.81	-3.65	-2.96	-2.98	-3.17
Book Value	1,658	1,711	1,972	1,936	1,862	1,639
Book Value Per Share	3.72	3.81	4.34	4.23	4.08	3.60
Tangible Book Value	-842.3	-956.1	-805.7	-551.3	-674.1	-843.1
Tangible Book Value Per Share	-1.89	-2.13	-1.78	-1.21	-1.48	-1.85