ETR:HLAG 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	3,337	3,475	5,481	5,810	15,236	7,723
Short-Term Investments	2,339	2,187	2,307	2,083	3,067	237.2
Cash & Short-Term Investments	5,676	5,662	7,788	7,893	18,303	7,961
Cash Growth	-26.53%	-27.30%	-1.33%	-56.88%	129.92%	1068.44%
Accounts Receivable	2,097	1,966	2,447	1,657	2,895	2,999
Inventory	715.1	577.9	630.6	454.3	440	337.2
Other Current Assets	282	213.1	160.4	216.4	154.6	133.2
Total Current Assets	8,776	8,435	11,026	10,233	21,793	11,431
Net Property, Plant & Equipment	15,793	15,515	17,180	13,581	13,140	11,765
Other Intangible Assets	1,947	1,453	1,726	1,721	1,540	1,510
Goodwill	2,028	1,828	2,057	1,909	1,712	1,597
Long-Term Investments	1,024	1,349	1,465	1,282	353.4	332.4
Other Long-Term Assets	338.8	343.2	164.1	280.5	148.4	79.8
Total Assets	29,901	28,907	33,617	28,994	38,687	26,715
Accounts Payable	2,504	2,204	2,766	2,487	2,616	2,324
Accrued Expenses	858.9	777.1	1,185	1,114	975.1	608.1
Current Portion of Long-Term Debt	525.4	559	480.8	451.2	457.3	502
Current Portion of Leases	1,130	1,076	1,041	804.5	934.7	856.7
Unearned Revenue	775.3	772.3	1,123	566.5	952.9	1,446
Other Current Liabilities	304.4	282.9	425.5	477.4	461.3	246.6
Total Current Liabilities	6,097	5,671	7,021	5,901	6,397	5,958
Long-Term Debt	2,282	2,191	2,371	2,319	2,319	2,572
Long-Term Leases	2,572	2,562	2,716	1,489	1,725	1,566
Other Long-Term Liabilities	627.9	496.2	645.3	522.9	334.4	431
Total Long-Term Liabilities	5,481	5,249	5,732	4,331	4,379	4,594
Total Liabilities	11,578	10,920	12,753	10,232	10,776	10,553
Common Stock	175.8	175.8	175.8	175.8	175.8	175.8
Additional Paid-in Capital	2,637	2,637	2,637	2,637	2,637	2,637
Accumulated Other Comprehensive Income	-177	-550.7	1,782	571.9	1,633	727.1
Retained Earnings	15,435	15,668	16,199	15,305	23,447	12,609
Total Common Shareholders' Equity	18,071	17,930	20,795	18,690	27,893	16,149
Minority Interest	251.6	57	69.4	73.2	17.7	12.9
Shareholders' Equity	18,323	17,987	20,864	18,763	27,911	16,162
Total Liabilities & Equity	29,901	28,907	33,617	28,994	38,687	26,715
Total Debt	6,508	6,387	6,608	5,064	5,437	5,497
Net Cash (Debt)	-832.1	-725.7	1,179	2,829	12,866	2,463
Net Cash Growth	-	-	-58.31%	-78.01%	422.30%	-
Net Cash Per Share	-4.73	-4.13	6.71	16.09	73.19	14.01
Book Value	18,071	17,930	20,795	18,690	27,893	16,149
Book Value Per Share	102.80	101.99	118.29	106.31	158.67	91.86
Tangible Book Value	14,096	14,650	17,012	15,059	24,641	13,042
Tangible Book Value Per Share	80.18	83.33	96.77	85.66	140.16	74.19