Virbac 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	122.5	149.63	175.91	177.38	172.79
Short-Term Investments	3.67	-	-	-	-
Trading Asset Securities	-	4.28	2.5	2.49	1.78
Cash & Short-Term Investments	126.17	153.91	178.4	179.87	174.57
Cash Growth	-18.02%	-13.73%	-0.82%	3.04%	-7.77%
Accounts Receivable	201.15	196.08	167.98	146.29	107.37
Other Receivables	85.78	72.56	71.99	53.22	61.44
Receivables	286.93	268.68	240.11	200.56	169
Inventory	378.79	404.17	339.66	330.91	270.33
Prepaid Expenses	-	12.36	9.32	9.3	6.82
Other Current Assets	0	5.01	3.99	2.89	3.95
Total Current Assets	791.89	844.12	771.48	723.53	624.67
Property, Plant & Equipment	461.75	434.4	300.96	275.24	256.13
Long-Term Investments	48.5	6.24	4.61	4.83	4.08
Goodwill	356.06	276.63	165.37	145.11	140.53
Other Intangible Assets	231.08	251.24	185.11	154.4	148.75
Long-Term Deferred Tax Assets	24.89	24.63	22.32	24.67	22.01
Other Long-Term Assets	0	0.13	0.12	0.12	0.12
Total Assets	1,914	1,849	1,456	1,334	1,202
Accounts Payable	170.84	149.37	133.2	142.46	116.88
Accrued Expenses	1.76	92.73	77.35	74.13	71.23
Short-Term Debt	1.17	3.57	2.52	0.64	0.63
Current Portion of Long-Term Debt	102.96	53.45	44.03	41.42	44.99
Current Portion of Leases	11.33	11.55	10.14	9.42	9
Current Income Taxes Payable	-	25.36	10.27	10.22	22.39
Current Unearned Revenue	-	2.22	1.58	1.47	2.58
Other Current Liabilities	228.26	126.31	119.96	110.83	103.05
Total Current Liabilities	516.31	464.56	399.05	390.59	370.75
Long-Term Debt	146.54	217.73	40.62	18	13.95
Long-Term Leases	27.65	26.55	25	27.39	29.46
Long-Term Unearned Revenue	-	1.23	1.45	1.85	1.15
Pension & Post-Retirement Benefits	21.15	20.36	19.61	18.59	21.06
Long-Term Deferred Tax Liabilities	50.41	57.23	31.56	25.77	27.88
Other Long-Term Liabilities	27.13	17.46	28.53	12.16	12.1
Total Liabilities	789.19	805.12	545.81	494.33	476.36
Common Stock	10.49	10.49	10.57	10.57	10.57
Additional Paid-In Capital	-	6.53	6.53	6.53	6.53
Retained Earnings	-	146.38	122.39	123.03	114.25
Comprehensive Income & Other	1,115	879.72	760.81	699.5	593.58
Total Common Equity	1,125	1,043	900.3	839.64	724.94
Minority Interest	-0.21	0.29	9.62	-0.35	0.26
Shareholders' Equity	1,125	1,043	909.92	839.29	725.19
Total Liabilities & Equity	1,914	1,849	1,456	1,334	1,202
Total Debt	289.64	312.85	122.31	96.86	98.02
Net Cash (Debt)	-163.47	-158.94	56.1	83.01	76.54
Net Cash Growth	-	-	-32.42%	8.45%	6.83%
Net Cash Per Share	-	-18.97	6.65	9.82	9.05
Filing Date Shares Outstanding	-	8.37	8.37	8.44	8.45
Total Common Shares Outstanding	-	8.37	8.37	8.44	8.45
Working Capital	275.58	379.56	372.44	332.94	253.92
Book Value Per Share	-	124.56	107.57	99.46	85.82
Tangible Book Value	538.06	515.25	549.82	540.13	435.66
Tangible Book Value Per Share	-	61.53	65.69	63.98	51.57
Land	-	52.72	27.24	18.34	17.89
Buildings	-	321.21	222.56	207.67	190.2
Construction In Progress	-	94.33	34.69	26.6	28.29

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