ADLPartner 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	54.96	58	63.57	60.59	39.4
Cash & Short-Term Investments	54.96	58	63.57	60.59	39.4
Cash Growth	-5.24%	-8.77%	4.92%	53.79%	-7.24%
Accounts Receivable	57.31	53.87	47.61	43.3	40.35
Other Receivables	17.87	16.87	9.87	9.38	9.29
Receivables	75.18	70.74	57.48	52.68	49.64
Inventory	1.98	1.58	1.37	4.33	7.93
Prepaid Expenses	3.64	3.88	2.75	2.49	1.84
Other Current Assets	0.56	1.21	0.66	0.87	0.99
Total Current Assets	136.31	135.41	125.82	120.96	99.81
Property, Plant & Equipment	27.54	29.81	21.04	20.02	18.64
Long-Term Investments	0.23	0.23	0.23	1.73	2.08
Goodwill	65.35	57.18	39.27	31.03	21.91
Other Intangible Assets	6.04	5.76	4.89	4.78	2.9
Long-Term Deferred Tax Assets	3.22	4.13	4.67	3.1	3.11
Other Long-Term Assets	1.58	1.62	1.44	1.21	0.87
Total Assets	240.43	234.36	197.56	183.57	149.85
Accounts Payable	50.87	50.64	44.76	44.42	50.35
Accrued Expenses	1.06	0.06	0.5	0.03	0.05
Short-Term Debt	0.54	0.19	0.18	2.13	0.64
Current Portion of Long-Term Debt	8.81	18.36	5.37	3.97	1.04
Current Portion of Leases	4.19	3.77	3.83	3.26	2.2
Current Income Taxes Payable	27.26	26.05	23.73	21.8	20.75
Current Unearned Revenue	13.34	14.08	10.19	8.36	6.54
Other Current Liabilities	4.75	5.27	2.37	2.8	3.7
Total Current Liabilities	110.82	118.41	90.92	86.76	85.26
Long-Term Debt	51.88	36.46	38.83	44.82	18.96
Long-Term Leases	19.27	20.98	13.36	12.42	12.54
Pension & Post-Retirement Benefits	3.52	3.52	3.09	1.97	2.04
Long-Term Deferred Tax Liabilities	0.23	0.24	0.25	0.27	0.28
Other Long-Term Liabilities	-0	-0	-	-0	0
Total Liabilities	185.71	179.6	146.45	146.23	119.08
Common Stock	6.48	6.48	6.48	6.48	6.48
Retained Earnings	9.58	10.06	12.44	10.89	8.49
Comprehensive Income & Other	13.79	12.54	15.04	6.55	5.79
Total Common Equity	29.86	29.08	33.96	23.92	20.76
Minority Interest	24.86	25.69	17.15	13.42	10.01
Shareholders' Equity	54.71	54.77	51.11	37.34	30.77
Total Liabilities & Equity	240.43	234.36	197.56	183.57	149.85
Total Debt	84.7	79.75	61.57	66.6	35.37
Net Cash (Debt)	-29.74	-21.75	2	-6.01	4.03
Net Cash Growth	-	-	-	-	-76.44%
Net Cash Per Share	-7.31	-5.35	0.49	-1.46	0.99
Filing Date Shares Outstanding	3.99	3.97	3.97	4	3.98
Total Common Shares Outstanding	3.99	3.97	3.97	4	3.98
Working Capital	25.49	17.01	34.9	34.2	14.55
Book Value Per Share	7.49	7.32	8.56	5.98	5.21
Tangible Book Value	-41.53	-33.86	-10.19	-11.89	-4.05
Tangible Book Value Per Share	-10.42	-8.52	-2.57	-2.97	-1.02
Land	3.78	3.78	3.46	3.46	3.46
Machinery	3.49	3.54	2.74	2.63	2.83

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