Adler Group 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
Property, Plant & Equipment	3,659	4,005	4,957	6,382	7,159
Cash & Equivalents	213.74	246.99	377.42	386.99	555.7
Accounts Receivable	63.19	66.83	90.05	160.45	448.85
Other Receivables	66.35	69.04	71.56	63.02	346.39
Investment In Debt and Equity Securities	7.53	7.41	17.4	31.96	108.01
Goodwill	-	-	-	-	91.4
Other Intangible Assets	0.03	0.04	0.24	0.65	3.02
Loans Receivable Current	4.05	10.84	19.92	26.58	-
Other Current Assets	578.43	2,352	1,973	2,403	4,167
Deferred Long-Term Tax Assets	-	0.05	0.14	2.57	5.67
Deferred Long-Term Charges	-	-	-	-	1.6
Other Long-Term Assets	114.62	128.78	209.35	252.53	149.58
Total Assets	4,707	6,887	7,717	9,710	13,036
Current Portion of Long-Term Debt	56.08	362.23	291.63	907.16	636.29
Current Portion of Leases	2.94	4.53	4.44	3.81	6.82
Long-Term Debt	3,386	3,173	5,759	5,074	6,370
Long-Term Leases	3.32	22.84	28.65	10.34	10.19
Accounts Payable	41.84	63.19	65.17	78.24	76.38
Accrued Expenses	10.46	15.21	20.35	83.95	120.26
Current Income Taxes Payable	52.87	70.71	161.56	158.13	81.99
Current Unearned Revenue	9.01	15.78	66.67	87.5	132.53
Other Current Liabilities	104.97	1,323	764.43	830.04	1,097
Long-Term Deferred Tax Liabilities	170.3	261.73	346.99	525.72	759.83
Other Long-Term Liabilities	9.09	9.12	164.72	14.16	34.07
Total Liabilities	3,848	5,322	7,674	7,796	9,343
Common Stock	0.19	0.19	0.19	0.15	0.15
Additional Paid-In Capital	1,775	1,775	1,874	1,845	1,845
Retained Earnings	-1,857	-1,352	-2,278	-621.65	927.68
Comprehensive Income & Other	923	903.31	175.45	193.85	217.79
Total Common Equity	841.31	1,327	-228.86	1,417	2,990
Minority Interest	18.2	238.44	271.26	495.95	703.09
Shareholders' Equity	859.51	1,565	42.4	1,913	3,693
Total Liabilities & Equity	4,707	6,887	7,717	9,710	13,036
Total Debt	3,448	3,562	6,084	6,018	7,039
Net Cash (Debt)	-3,235	-3,315	-5,706	-5,631	-6,483
Net Cash Per Share	-21.33	-21.87	-40.46	-47.92	-55.17
Filing Date Shares Outstanding	151.63	151.63	151.63	117.51	117.51
Total Common Shares Outstanding	151.63	151.63	151.63	117.51	117.51
Book Value Per Share	0.82	4.02	-1.51	12.06	25.45
Tangible Book Value	841.28	1,327	-229.1	1,416	2,896
Tangible Book Value Per Share	0.82	4.02	-1.51	12.05	24.64

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