ETR:HLAG Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	2,764	3,475	5,481	5,810	15,236	7,723
Short-Term Investments	2,090	1,880	2,032	1,842	2,788	-
Cash & Short-Term Investments	4,854	5,355	7,513	7,651	18,024	7,723
Cash Growth	34.99%	-28.72%	-1.81%	-57.55%	133.37%	1033.63%
Accounts Receivable	2,631	1,966	2,447	1,657	2,895	2,999
Other Receivables	108.4	224.2	139.3	193.3	195	148.8
Receivables	2,739	2,197	2,599	1,860	3,091	3,148
Inventory	873.6	577.9	630.6	454.3	440	337.2
Prepaid Expenses	-	56.6	48.9	49.6	41.1	31.7
Other Current Assets	157.8	248.4	234.6	217.8	197	190.1
Total Current Assets	8,625	8,435	11,026	10,233	21,793	11,431
Property, Plant & Equipment	15,047	15,097	16,426	12,654	12,316	11,383
Long-Term Investments	1,020	1,378	1,476	1,296	368.2	340
Goodwill	2,096	1,828	2,057	1,909	1,712	1,597
Other Intangible Assets	2,000	1,407	1,682	1,686	1,517	1,487
Long-Term Deferred Tax Assets	96.3	102	62.4	186.5	33	26
Long-Term Deferred Charges	-	27.5	7.8	8.8	13.9	17.7
Other Long-Term Assets	956.2	606.6	872.8	1,012	929.8	429.2
Total Assets	29,840	28,907	33,617	28,994	38,687	26,715

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	2,579	2,204	2,766	2,487	2,616	2,324
Accrued Expenses	24	297.3	412.2	380.1	352.7	257.6
Current Portion of Long-Term Debt	507.7	559	480.8	451.2	457.3	502
Current Portion of Leases	1,117	1,076	1,041	804.5	934.7	856.7
Current Income Taxes Payable	24.2	35.6	134.6	239.3	165.9	49.6
Current Unearned Revenue	1,045	773.6	1,124	567.3	953.6	1,448
Other Current Liabilities	1,065	725.8	1,063	970.8	917.1	520.9
Total Current Liabilities	6,362	5,671	7,021	5,901	6,397	5,958
Long-Term Debt	2,246	2,191	2,371	2,319	2,319	2,572
Long-Term Leases	2,407	2,562	2,716	1,489	1,725	1,566
Long-Term Unearned Revenue	0.6	0.6	1.2	0.5	-	-
Pension & Post-Retirement Benefits	218.8	218.8	240.7	247	212.5	311.1
Long-Term Deferred Tax Liabilities	320.2	137	255.1	153.7	40.8	14.1
Other Long-Term Liabilities	141.4	139.9	148.2	121.6	81.1	130.5
Total Liabilities	11,695	10,920	12,753	10,232	10,776	10,553

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	175.8	175.8	175.8	175.8	175.8	175.8
Retained Earnings	14,970	15,668	16,199	15,305	23,447	12,609
Comprehensive Income & Other	2,608	2,087	4,420	3,209	4,270	3,365
Total Common Equity	17,755	17,930	20,795	18,690	27,893	16,149
Minority Interest	390.5	57	69.4	73.2	17.7	12.9
Shareholders' Equity	18,145	17,987	20,864	18,763	27,911	16,162
Total Liabilities & Equity	29,840	28,907	33,617	28,994	38,687	26,715

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	6,277	6,387	6,608	5,064	5,437	5,497
Net Cash (Debt)	-1,423	-1,032	904.4	2,588	12,587	2,226
Net Cash Growth	-	-	-65.05%	-79.44%	465.41%	-
Net Cash Per Share	-8.10	-5.87	5.14	14.72	71.60	12.66
Filing Date Shares Outstanding	175.8	175.76	175.76	175.76	175.76	175.76
Total Common Shares Outstanding	175.8	175.76	175.76	175.76	175.76	175.76
Working Capital	2,263	2,764	4,005	4,332	15,396	5,472
Book Value Per Share	100.99	102.02	118.31	106.34	158.70	91.88
Tangible Book Value	13,658	14,696	17,055	15,094	24,664	13,065
Tangible Book Value Per Share	77.69	83.62	97.04	85.88	140.33	74.34
Machinery	-	17,810	18,540	14,746	14,191	11,976