STEF SA 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	116.44	85.12	143.6	87.59	92.24
Cash & Short-Term Investments	116.44	85.12	143.6	87.59	92.24
Cash Growth	36.79%	-40.72%	63.94%	-5.04%	69.52%
Accounts Receivable	832.67	773.08	713.06	734.87	612.96
Other Receivables	158.1	156.91	140.56	144.97	123.84
Receivables	990.76	929.98	853.62	879.84	736.8
Inventory	122.3	101.64	125.54	126.35	86.23
Prepaid Expenses	19.2	16.05	12.2	14.96	9.58
Other Current Assets	13.46	10.77	8.63	9.25	8.79
Total Current Assets	1,262	1,144	1,144	1,118	933.64
Property, Plant & Equipment	2,366	2,252	1,925	1,806	1,642
Long-Term Investments	120.68	111.73	100.25	102.03	108.98
Goodwill	455.09	390.38	316.8	295.46	269.19
Other Intangible Assets	16.98	18.88	15.48	13.78	15.09
Long-Term Deferred Tax Assets	15.19	8.87	8.23	9.82	10.88
Other Long-Term Assets	-	0	-	-0	-
Total Assets	4,236	3,926	3,509	3,345	2,980
Accounts Payable	663.16	628.38	616.18	636.23	557.55
Accrued Expenses	403.22	372.09	345.45	330.82	305.2
Short-Term Debt	246.7	261.82	305.37	249.02	368.44
Current Portion of Long-Term Debt	284.15	271.6	208.85	166.21	58.41
Current Portion of Leases	70.23	72.88	55.12	55.56	55.41
Current Income Taxes Payable	2.13	2.67	1.89	13.37	5.96
Current Unearned Revenue	25.64	27.89	27.03	24.68	23.92
Other Current Liabilities	69.38	94.46	50.36	39.94	38.21
Total Current Liabilities	1,765	1,732	1,610	1,516	1,413
Long-Term Debt	807.12	569.38	452.83	511.99	371.77
Long-Term Leases	241.41	249.8	166.92	177.51	183
Pension & Post-Retirement Benefits	9.46	17.16	9.53	10.56	19.79
Long-Term Deferred Tax Liabilities	66	52.7	40.83	30.15	30.32
Other Long-Term Liabilities	35.17	27.74	43.83	59.29	49.54
Total Liabilities	2,924	2,649	2,324	2,305	2,068
Common Stock	12.85	12.85	13	13	13
Treasury Stock	-30.81	-33.17	-37.2	-37.94	-38.31
Comprehensive Income & Other	1,330	1,298	1,209	1,065	937.55
Total Common Equity	1,312	1,277	1,185	1,040	912.24
Minority Interest	0.26	0.05	-0	0.12	0.48
Shareholders' Equity	1,312	1,277	1,185	1,040	912.72
Total Liabilities & Equity	4,236	3,926	3,509	3,345	2,980
Total Debt	1,650	1,425	1,189	1,160	1,037
Net Cash (Debt)	-1,533	-1,340	-1,045	-1,073	-944.79
Net Cash Per Share	-121.14	-106.23	-82.73	-84.88	-75.42
Filing Date Shares Outstanding	12.65	12.54	12.43	12.42	12.39
Total Common Shares Outstanding	12.65	12.54	12.43	12.42	12.39
Working Capital	-502.45	-588.23	-466.66	-397.83	-479.45
Book Value Per Share	103.69	101.87	95.32	83.70	73.65
Tangible Book Value	839.57	867.95	852.69	730.6	627.97
Tangible Book Value Per Share	66.37	69.22	68.59	58.81	50.70

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