R. STAHL 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	13	12.89	16.27	11.53	16.06	6.34
Cash & Short-Term Investments	13	12.89	16.27	11.53	16.06	6.34
Cash Growth	17.54%	-20.79%	41.04%	-28.18%	153.23%	-68.06%
Accounts Receivable	38.43	39.32	48.03	43.4	37.36	36.4
Other Receivables	0.27	0.16	0.47	14.8	12.4	8.87
Total Trade Receivables	38.69	39.48	48.51	58.2	49.76	45.27
Inventory	61.93	56.93	48.91	63.76	48.92	39.64
Other Current Assets	14.24	10.51	12.15	0.09	0.03	5.11
Total Current Assets	127.21	119.8	125.83	133.49	114.74	91.25
Net Property, Plant & Equipment	78.55	75.71	78.81	77.05	74.98	78.04
Other Intangible Assets	46.44	46.79	47.8	48.63	48.83	46.51
Long-Term Investments	0.4	1.05	0.69	0	11.46	11.18
Other Long-Term Assets	15.86	15.53	12.02	12.12	9.65	13.92
Total Assets	269.11	258.88	265.15	271.38	259.69	246
Accounts Payable	14.13	15.49	17.61	19.45	19.08	18.9
Accrued Expenses	17.19	15.22	15.86	17.96	13.85	12.42
Current Portion of Long-Term Debt	51.34	1.77	1.22	46.9	44.08	22.18
Current Portion of Leases	13.83	9.94	11.9	3.75	5.43	5.86
Unearned Revenue	4.53	3.57	5.16	-	-	-
Other Current Liabilities	6.68	6.01	6.01	9.46	8.72	16.46
Total Current Liabilities	50.46	49.12	53.52	111.19	100.4	75.81
Long-Term Debt	1.47	45.97	43.71	3.44	1.17	2.42
Long-Term Leases	3.86	-	-	12.85	14.27	17.32
Other Long-Term Liabilities	79.57	81.75	87.14	89.85	81.76	100.68
Total Long-Term Liabilities	142.14	134.09	139.31	92.47	87.95	120.43
Total Liabilities	192.6	183.21	192.83	203.66	188.35	196.24
Common Stock	16.5	16.5	16.5	16.5	16.5	16.5
Additional Paid-in Capital	13.46	13.46	13.46	13.46	13.46	13.46
Accumulated Other Comprehensive Income	-19.43	-20.54	-20.92	-19.68	-15.9	-35.54
Retained Earnings	65.8	66.06	63.1	57.28	57.09	55.14
Total Common Shareholders' Equity	76.33	75.47	72.13	67.56	71.15	49.55
Minority Interest	0.18	0.2	0.19	0.16	0.19	0.21
Shareholders' Equity	76.51	75.67	72.32	67.72	71.34	49.77
Total Liabilities & Equity	269.11	258.88	265.15	271.38	259.69	246
Total Debt	70.5	57.69	56.83	66.94	64.94	47.78
Net Cash (Debt)	-57.49	-44.8	-40.56	-55.41	-48.88	-41.44
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-8.93	-6.96	-6.30	-8.60	-7.59	-6.43
Book Value	76.33	75.47	72.13	67.56	71.15	49.55
Book Value Per Share	11.85	11.72	11.20	10.49	11.05	7.69
Tangible Book Value	29.89	28.68	24.33	18.93	22.32	3.04
Tangible Book Value Per Share	4.64	4.45	3.78	2.94	3.47	0.47