Global Fashion 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
Cash & Equivalents	176.5	210.6	225.9	323.5	400.5
Trading Asset Securities	-	-	161.1	226.5	234
Cash & Short-Term Investments	176.5	210.6	387	550	634.5
Cash Growth	-16.19%	-45.58%	-29.64%	-13.32%	73.31%
Accounts Receivable	23.7	53.2	42.8	42.8	58.3
Other Receivables	14.8	17.9	22.7	25.7	33.1
Receivables	38.5	71.1	65.5	68.9	91.8
Inventory	81.9	96.4	110.5	170.2	283.7
Prepaid Expenses	7.4	9.1	8.5	11.9	19.5
Restricted Cash	6.2	6.5	-	-	-
Other Current Assets	5.6	6	6.3	7	8.7
Total Current Assets	316.1	399.7	577.8	808	1,038
Property, Plant & Equipment	74	78.8	108.9	131.1	222.8
Goodwill	51.6	54.3	56.1	95.7	127.5
Other Intangible Assets	56	71.7	79.4	99.9	126.7
Long-Term Deferred Tax Assets	-	-	-	2.8	8
Other Long-Term Assets	32.6	33	39.8	36.4	21.5
Total Assets	530.3	637.5	862	1,174	1,545
Accounts Payable	155.5	183.1	169.5	181.9	285.5
Accrued Expenses	30.5	30.3	28.2	68.5	57.8
Current Portion of Long-Term Debt	41.4	6.3	17.4	25.2	33.4
Current Portion of Leases	14.1	16.1	18.1	17.9	25.2
Current Income Taxes Payable	10.6	15.2	20.8	18.3	21.3
Current Unearned Revenue	7.9	22.9	26.5	35.6	38
Other Current Liabilities	39	30	36.3	39.2	61.8
Total Current Liabilities	299	303.9	316.8	386.6	523
Long-Term Debt	-	48.6	160.3	243.8	330.6
Long-Term Leases	35.1	32	43.6	56.1	108
Long-Term Deferred Tax Liabilities	4.6	5.7	4.4	5	5.3
Other Long-Term Liabilities	36	36.1	41.2	3.6	4.5
Total Liabilities	374.7	426.3	566.3	695.1	971.4
Common Stock	2.3	2.3	2.2	2.2	2.2
Additional Paid-In Capital	303.6	303.6	303.6	303.6	303.6
Retained Earnings	-2,468	-2,406	-2,323	-2,143	-1,946
Treasury Stock	-7.5	-7.5	-7.5	-7.5	-7.5
Comprehensive Income & Other	2,327	2,322	2,320	2,320	2,217
Total Common Equity	156.5	213.7	295.4	475.5	569.7
Minority Interest	-0.9	-2.5	0.3	3.3	3.6
Shareholders' Equity	155.6	211.2	295.7	478.8	573.3
Total Liabilities & Equity	530.3	637.5	862	1,174	1,545
Total Debt	90.6	103	239.4	343	497.2
Net Cash (Debt)	85.9	107.6	147.6	207	137.3
Net Cash Growth	-20.17%	-27.10%	-28.70%	50.77%	-43.31%
Net Cash Per Share	0.38	0.48	0.66	0.94	0.64
Filing Date Shares Outstanding	228.36	225.36	223.51	220.01	217.11
Total Common Shares Outstanding	228.36	225.36	223.51	220.01	217.11
Working Capital	17.1	95.8	261	421.4	515.2
Book Value Per Share	0.69	0.95	1.32	2.16	2.62
Tangible Book Value	48.9	87.7	159.9	279.9	315.5
Tangible Book Value Per Share	0.21	0.39	0.72	1.27	1.45
Buildings	96.3	100.4	110.6	108.5	157.6
Construction In Progress	-	0.6	2.1	4	16.2
Leasehold Improvements	4.6	7.4	6.5	6.5	-

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