Wendel 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	2,607	3,428	2,403	3,265	2,232	2,900
Short-Term Investments	180.8	78.9	17.5	67.5	314.6	311.9
Cash & Short-Term Investments	2,788	3,507	2,420	3,332	2,546	3,212
Cash Growth	-34.33%	44.91%	-27.36%	30.86%	-20.73%	7.52%
Accounts Receivable	2,053	2,029	1,977	1,917	1,827	1,607
Other Receivables	113.3	75.5	54.8	60	52.8	-
Receivables	2,166	2,105	2,031	1,977	1,880	1,607
Inventory	169.1	173.1	193.3	514.2	480.7	416.4
Other Current Assets	463.3	560.9	2,609	382.9	1,140	396.8
Total Current Assets	5,586	6,346	7,254	6,206	6,047	5,633
Property, Plant & Equipment	1,100	1,110	1,015	1,567	1,520	1,640
Long-Term Investments	2,020	1,678	852	798.9	1,401	546
Goodwill	4,885	4,450	4,181	3,929	3,511	3,489
Other Intangible Assets	1,918	1,707	1,578	1,711	1,536	1,692
Long-Term Deferred Tax Assets	188	166.9	172.3	165.7	167.5	206.6
Other Long-Term Assets	-	-	0.7	0.8	0.6	0.5
Total Assets	15,697	15,458	15,053	14,378	14,183	13,206
Accounts Payable	687.6	694.3	657.5	1,074	1,012	862
Current Portion of Long-Term Debt	436.6	600.8	88.9	931.7	201.3	646.8
Current Portion of Leases	126.9	131.9	120	111.6	118.2	134.4
Current Income Taxes Payable	135.7	124	111	130.5	119	141.6
Current Unearned Revenue	43.3	51.5	44.1	40.8	33.6	27.6
Other Current Liabilities	1,667	1,459	2,540	1,316	1,811	1,211
Total Current Liabilities	3,097	3,061	3,561	3,605	3,295	3,024
Long-Term Debt	5,609	5,589	5,519	4,622	5,259	5,309
Long-Term Leases	455.9	425.2	386.9	398.8	356.5	452.6
Pension & Post-Retirement Benefits	-	172.9	173	217.2	278.6	329
Long-Term Deferred Tax Liabilities	438	366	351.2	390.7	346.8	396.7
Other Long-Term Liabilities	1,418	675.9	230.1	508.6	458.5	408.3
Total Liabilities	11,019	10,290	10,221	9,742	9,994	9,919
Common Stock	177.8	177.8	177.8	177.6	179	178.9
Additional Paid-In Capital	25.4	25.4	23.4	22.2	57.5	55.3
Retained Earnings	3,930	3,892	3,319	3,324	3,169	-264.1
Treasury Stock	-664.7	-664	-572.1	-554.1	-569.7	-545.1
Comprehensive Income & Other	-397.6	-208	-271.4	-180.7	-234.6	2,579
Total Common Equity	3,071	3,223	2,676	2,789	2,601	2,004
Minority Interest	1,608	1,945	2,155	1,848	1,588	1,284
Shareholders' Equity	4,679	5,168	4,832	4,636	4,189	3,288
Total Liabilities & Equity	15,697	15,458	15,053	14,378	14,183	13,206
Total Debt	6,629	6,747	6,115	6,064	5,935	6,543
Net Cash (Debt)	-3,841	-3,240	-3,694	-2,732	-3,389	-3,330
Net Cash Per Share	-89.92	-75.55	-83.99	-62.46	-77.19	-76.09
Filing Date Shares Outstanding	42.46	42.47	43.3	43.42	43.63	43.82
Total Common Shares Outstanding	42.46	42.47	43.3	43.42	43.63	43.82
Working Capital	2,489	3,285	3,693	2,602	2,752	2,609
Book Value Per Share	72.33	75.89	61.81	64.22	59.62	45.73
Tangible Book Value	-3,732	-2,934	-3,082	-2,851	-2,446	-3,177
Tangible Book Value Per Share	-87.89	-69.10	-71.17	-65.66	-56.05	-72.51

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