Ernst Russ AG Balance Sheet

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	120.2	114.35	110.67	67.3	57.75	26.36
Cash & Short-Term Investments	120.2	114.35	110.67	67.3	57.75	26.36
Cash Growth	8.61%	3.32%	64.44%	16.54%	119.05%	186.77%
Accounts Receivable	2.38	2.41	2.12	2.71	4.98	3.15
Other Receivables	0.01	0.02	0.18	0.17	0.06	0.11
Receivables	2.39	2.43	2.29	2.88	5.03	3.26
Inventory	1.38	1.33	2.29	2.46	1.73	1.41
Restricted Cash	-	-	-	-	1.05	3.38
Other Current Assets	3.58	3.24	6.89	8.1	9.11	6.26
Total Current Assets	127.54	121.35	122.14	80.74	74.66	40.68
Property, Plant & Equipment	244.33	227.87	223.74	250.82	192.82	207.96
Long-Term Investments	1.56	4.24	1.84	3.17	6.79	7.05
Goodwill	-	-	0.43	1.02	1.61	2.2
Other Intangible Assets	0.29	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	39.45	15.14	5.19	3.63	6.29	4.68
Total Assets	414.32	370.07	355.01	340.27	283.28	263.7
Accounts Payable	2.86	3.49	2.83	3.4	5.07	4.54
Accrued Expenses	-	1.72	1.78	2.51	3.22	3.4
Current Portion of Long-Term Debt	-	0.21	2.07	0.21	0.4	36.11
Current Income Taxes Payable	2.01	1.91	1.28	0.98	0.74	0.74
Other Current Liabilities	32.82	43.41	21.09	56.7	45.92	22.61
Total Current Liabilities	37.69	50.74	29.05	63.79	55.36	67.39
Long-Term Debt	1.81	1.65	-	2.07	2.86	43
Long-Term Unearned Revenue	-	-	-	7.06	9.3	1.66
Pension & Post-Retirement Benefits	0.94	0.94	1.04	1.18	1.3	1.5
Long-Term Deferred Tax Liabilities	0.03	-	6.3	5.76	5.72	5.63
Other Long-Term Liabilities	70.06	23.94	52.25	0.34	1.26	1.44
Total Liabilities	110.53	77.27	88.63	80.18	75.78	120.63
Common Stock	33.69	33.69	33.69	33.5	32.43	32.43
Retained Earnings	214.55	203.57	136.83	127.85	79.26	31.99
Comprehensive Income & Other	11.01	11.01	10.33	9.33	6.33	7.98
Total Common Equity	259.25	248.27	180.85	170.68	118.02	72.4
Minority Interest	44.54	44.54	85.53	89.41	89.48	70.67
Shareholders' Equity	303.79	292.81	266.37	260.09	207.5	143.07
Total Liabilities & Equity	414.32	370.07	355.01	340.27	283.28	263.7
Total Debt	1.81	1.86	2.07	2.27	3.26	79.11
Net Cash (Debt)	118.39	112.49	108.6	65.03	54.49	-52.75
Net Cash Growth	9.01%	3.58%	67.01%	19.34%	-	-
Net Cash Per Share	3.52	3.34	3.22	1.96	1.68	-1.64
Filing Date Shares Outstanding	33.69	33.69	33.69	33.5	32.43	32.43
Total Common Shares Outstanding	33.69	33.69	33.69	33.5	32.43	32.43
Working Capital	89.85	70.61	93.09	16.95	19.31	-26.72
Book Value Per Share	7.70	7.37	5.37	5.09	3.64	2.23
Tangible Book Value	258.96	247.95	180.08	169.15	115.81	69.61
Tangible Book Value Per Share	7.69	7.36	5.35	5.05	3.57	2.15
Buildings	-	0.26	0.26	0.26	0.26	0.26
Machinery	-	343.61	324.97	328.29	242.92	227.83