Mersen 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	86.3	51.3	37.4	59.2	49.5
Short-Term Investments	-	-	-	38.5	34
Cash & Short-Term Investments	86.3	51.3	37.4	97.7	83.5
Cash Growth	68.23%	37.17%	-61.72%	17.01%	-38.92%
Accounts Receivable	162.5	178.6	172	169.8	149.8
Other Receivables	37.6	31.5	39.5	26.6	30.1
Receivables	200.1	210.1	211.5	196.4	179.9
Inventory	257.5	307.8	299.2	283.2	218.2
Other Current Assets	13.6	21.2	32.9	16.7	2.3
Total Current Assets	557.5	590.4	581	594	483.9
Property, Plant & Equipment	764.6	809	612.5	501.9	456
Long-Term Investments	2.4	2.7	2.6	5.9	6
Goodwill	279.6	298.1	257.7	262	269.5
Other Intangible Assets	66.9	66.2	50.7	42.7	38.8
Long-Term Deferred Tax Assets	20.3	24.8	21.3	22.9	27.9
Other Long-Term Assets	11.9	10.2	9.7	10	9.6
Total Assets	1,703	1,801	1,536	1,439	1,292
Accounts Payable	73.4	80.9	83.8	86.6	67.1
Accrued Expenses	-	-	-	0.9	1
Short-Term Debt	87.3	92	20.7	76.1	32.1
Current Portion of Leases	15.2	15.4	13.8	12.7	12.6
Current Income Taxes Payable	5.6	4.6	4.3	8.9	4.6
Current Unearned Revenue	55.6	68.8	64.2	30.5	28.5
Other Current Liabilities	141.2	165.7	140.5	138	131
Total Current Liabilities	378.3	427.4	327.3	353.7	276.9
Long-Term Debt	389.6	349.5	256.2	262.3	244.5
Long-Term Leases	42.3	48.9	40.1	42.7	40
Pension & Post-Retirement Benefits	25	32.4	40.4	38.6	49.1
Long-Term Deferred Tax Liabilities	52.7	53.8	46.7	41	37.2
Other Long-Term Liabilities	8.1	7	7.1	7.1	12.6
Total Liabilities	896	919	717.8	745.4	660.3
Common Stock	48.8	48.8	48.8	41.7	41.6
Additional Paid-In Capital	778.8	732.6	673.5	543.3	503.4
Retained Earnings	14.1	59	81.6	67.7	54.4
Comprehensive Income & Other	-58.9	9.8	-15.7	8.6	2.9
Total Common Equity	782.8	850.2	788.2	661.3	602.3
Minority Interest	24.4	32.2	29.5	32.7	29.1
Shareholders' Equity	807.2	882.4	817.7	694	631.4
Total Liabilities & Equity	1,703	1,801	1,536	1,439	1,292
Total Debt	534.4	505.8	330.8	393.8	329.2
Net Cash (Debt)	-448.1	-454.5	-293.4	-296.1	-245.7
Net Cash Per Share	-18.05	-18.22	-12.29	-13.48	-11.64
Filing Date Shares Outstanding	24.35	24.35	24.19	20.61	20.79
Total Common Shares Outstanding	24.35	24.35	24.19	20.61	20.79
Working Capital	179.2	163	253.7	240.3	207
Book Value Per Share	32.15	34.91	32.58	32.08	28.97
Tangible Book Value	436.3	485.9	479.8	356.6	294
Tangible Book Value Per Share	17.92	19.95	19.84	17.30	14.14
Land	40	41.7	29.5	29.9	34.1
Buildings	316.1	261.9	202.3	197.1	177.5
Machinery	905.2	925.3	835.9	788.5	723.2
Construction In Progress	161.1	228.7	149.2	77.3	79.2

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.