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	4.31	2.64	3.54	1.97
Cash & Short-Term Investments	126.17	153.94	178.54	180.92	174.76
Cash Growth	-18.04%	-13.78%	-1.31%	3.53%	-7.67%
Accounts Receivable	201.15	196.08	167.98	146.29	107.37
Other Receivables	85.78	89.93	85.3	65.41	72.22
Total Trade Receivables	286.93	286.01	253.28	211.7	179.58
Inventory	378.79	404.17	339.66	330.91	270.33
Total Current Assets	791.89	844.12	771.48	723.53	624.67
Net Property, Plant & Equipment	461.75	434.4	300.96	275.24	256.13
Other Intangible Assets	231.08	251.24	185.11	154.4	148.75
Goodwill	356.06	276.63	165.37	145.11	140.53
Long-Term Investments	48.5	17.5	10.49	10.68	9.47
Other Long-Term Assets	24.89	24.63	22.32	24.67	22.01
Total Assets	1,914	1,849	1,456	1,334	1,202
Accounts Payable	170.84	174.57	149.63	155.82	127.6
Accrued Expenses	226.89	219.68	189.26	181.11	186
Short-Term Debt	105.88	57.98	47.71	43.2	46.54
Current Portion of Leases	11.33	11.55	10.14	9.42	9
Other Current Liabilities	1.37	0.78	2.31	1.04	1.61
Total Current Liabilities	516.31	464.56	399.05	390.59	370.75
Long-Term Debt	150.41	222.09	40.69	18.01	13.96
Long-Term Leases	27.65	26.55	25	27.39	29.46
Other Long-Term Liabilities	94.82	91.92	81.08	58.34	62.19
Total Long-Term Liabilities	272.88	340.56	146.77	103.75	105.61
Total Liabilities	789.19	805.12	545.81	494.33	476.36
Common Stock	10.49	10.49	10.57	10.57	10.57
Retained Earnings	1,115	1,033	889.73	829.07	714.36
Total Common Shareholders' 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	295.26	318.17	123.54	98.02	98.95
Net Cash (Debt)	-169.09	-164.22	55	82.9	75.8
Net Cash Growth	-	-	-33.66%	9.36%	7.05%
Net Cash Per Share	-20.17	-19.60	6.52	9.81	8.96
Book Value	1,125	1,043	900.3	839.64	724.94
Book Value Per Share	134.20	124.49	106.71	99.32	85.71
Tangible Book Value	538.06	515.25	549.82	540.13	435.66
Tangible Book Value Per Share	64.17	61.49	65.17	63.89	51.51