PNE 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	78.1	91.6	90.4	121.58	149.63
Short-Term Investments	4.9	4.9	11.2	-	-
Trading Asset Securities	0.7	0.7	0.7	-	-
Cash & Short-Term Investments	83.7	97.2	102.3	121.58	149.63
Cash Growth	-13.89%	-4.98%	-15.86%	-18.74%	34.05%
Accounts Receivable	53.1	83.6	51.8	47.83	35.49
Other Receivables	14.5	33.5	6.1	2.21	0.84
Receivables	67.7	117.2	58	50.13	37.54
Inventory	121.9	171.7	281.3	147.37	163.71
Prepaid Expenses	28	116.4	-	-	-
Other Current Assets	70.8	9.1	8.5	15.75	12.6
Total Current Assets	372.1	511.6	450.1	334.83	363.47
Property, Plant & Equipment	651.6	557.8	477.3	430.95	335.76
Long-Term Investments	20.4	13.1	3.6	1.79	1.91
Goodwill	64.4	64.4	64.4	64.4	63.28
Other Intangible Assets	2	0.7	0.5	0.46	0.69
Long-Term Deferred Tax Assets	54.5	77.5	78	65.31	58.71
Other Long-Term Assets	16.5	36.8	13.9	10.19	2.5
Total Assets	1,182	1,262	1,102	920.34	827
Accounts Payable	66	73.7	59.7	44.57	34.4
Accrued Expenses	3.3	9	2.9	1.23	2.04
Current Portion of Long-Term Debt	59.3	60.8	55	36.43	22.76
Current Portion of Leases	12.7	7.6	7.5	5.8	6.86
Current Income Taxes Payable	6.6	4.4	6.6	3.78	1.55
Current Unearned Revenue	19.1	18.7	12.1	28.55	25.19
Other Current Liabilities	101.9	40.6	18.2	19.48	16.51
Total Current Liabilities	268.9	214.8	162	139.85	109.3
Long-Term Debt	617.7	690.2	556.8	419.36	385.07
Long-Term Leases	119.7	141.9	156.1	111.21	103.72
Long-Term Unearned Revenue	0.5	0.5	0.6	0.62	0.67
Long-Term Deferred Tax Liabilities	20.6	20.2	18	17.13	6.45
Other Long-Term Liabilities	-0.1	-0.2	-0.1	0	-0
Total Liabilities	1,027	1,067	893.4	688.18	605.21
Common Stock	76.6	76.6	76.6	76.6	76.6
Additional Paid-In Capital	86.3	86.3	-	-	-
Retained Earnings	-3.7	45.5	65.7	81.94	73.44
Treasury Stock	-	-	-0.7	-0.71	-0.71
Comprehensive Income & Other	-3.4	-10.9	70.1	79.92	79.84
Total Common Equity	155.8	197.5	211.7	237.75	229.18
Minority Interest	-1.6	-2.8	-3.4	-5.59	-7.38
Shareholders' Equity	154.2	194.7	208.3	232.16	221.79
Total Liabilities & Equity	1,182	1,262	1,102	920.34	827
Total Debt	809.4	900.5	775.4	572.81	518.41
Net Cash (Debt)	-725.7	-803.3	-673.1	-451.23	-368.78
Net Cash Per Share	-9.47	-10.50	-8.82	-5.91	-4.83
Filing Date Shares Outstanding	76.6	76.6	76.34	76.34	76.34
Total Common Shares Outstanding	76.6	76.6	76.34	76.34	76.34
Working Capital	103.2	296.8	288.1	194.98	254.17
Book Value Per Share	2.03	2.58	2.77	3.11	3.00
Tangible Book Value	89.4	132.4	146.8	172.89	165.21
Tangible Book Value Per Share	1.17	1.73	1.92	2.26	2.16
Land	22	21.8	22.2	22	21.36
Machinery	703	584.5	487.3	423.07	330.3

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.