Ernst Russ AG 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	114.35	110.67	67.3	57.75	26.36
Cash & Short-Term Investments	114.35	110.67	67.3	57.75	26.36
Cash Growth	3.32%	64.44%	16.54%	119.05%	186.77%
Accounts Receivable	1.88	2.12	2.71	4.98	3.15
Other Receivables	0.55	0.18	0.17	0.06	0.11
Receivables	2.43	2.29	2.88	5.03	3.26
Inventory	1.33	2.29	2.46	1.73	1.41
Restricted Cash	-	-	-	1.05	3.38
Other Current Assets	3.24	6.89	8.1	9.11	6.26
Total Current Assets	121.35	122.14	80.74	74.66	40.68
Property, Plant & Equipment	227.87	223.74	250.82	192.82	207.96
Long-Term Investments	4.24	3	3.17	6.79	7.05
Goodwill	-	0.43	1.02	1.61	2.2
Other Intangible Assets	0.31	0.34	0.51	0.59	0.59
Long-Term Deferred Tax Assets	-	0.17	0.39	0.51	0.54
Other Long-Term Assets	15.14	5.19	3.63	6.29	4.68
Total Assets	370.07	355.01	340.27	283.28	263.7
Accounts Payable	3.49	2.83	3.4	5.07	4.54
Accrued Expenses	-	1.78	2.51	3.22	3.4
Current Portion of Long-Term Debt	-	2.07	0.21	0.4	36.11
Current Income Taxes Payable	1.91	1.28	0.98	0.74	0.74
Other Current Liabilities	34.96	68.16	56.7	45.92	22.61
Total Current Liabilities	40.36	76.12	63.79	55.36	67.39
Long-Term Debt	1.86	-	2.07	2.86	43
Long-Term Unearned Revenue	-	4.63	7.06	9.3	1.66
Pension & Post-Retirement Benefits	0.94	1.04	1.18	1.3	1.5
Long-Term Deferred Tax Liabilities	-	6.3	5.76	5.72	5.63
Other Long-Term Liabilities	34.11	0.55	0.34	1.26	1.44
Total Liabilities	77.27	88.63	80.18	75.78	120.63
Common Stock	33.69	33.69	33.5	32.43	32.43
Retained Earnings	203.57	136.83	127.85	79.26	31.99
Comprehensive Income & Other	11.01	10.33	9.33	6.33	7.98
Total Common Equity	248.27	180.85	170.68	118.02	72.4
Minority Interest	44.54	85.53	89.41	89.48	70.67
Shareholders' Equity	292.81	266.37	260.09	207.5	143.07
Total Liabilities & Equity	370.07	355.01	340.27	283.28	263.7
Total Debt	1.86	2.07	2.27	3.26	79.11
Net Cash (Debt)	112.49	108.6	65.03	54.49	-52.75
Net Cash Growth	3.58%	67.01%	19.34%	-	-
Net Cash Per Share	-	3.22	1.96	1.68	-1.64
Filing Date Shares Outstanding	-	33.69	33.5	32.43	32.43
Total Common Shares Outstanding	-	33.69	33.5	32.43	32.43
Working Capital	80.99	46.02	16.95	19.31	-26.72
Book Value Per Share	-	5.37	5.09	3.64	2.23
Tangible Book Value	247.95	180.08	169.15	115.81	69.61
Tangible Book Value Per Share	-	5.35	5.05	3.57	2.15
Buildings	-	0.26	0.26	0.26	0.26
Machinery	-	324.97	328.29	242.92	227.83

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