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
Short-Term Investments	4.82	0.03	0.19	-	0.06	0.13
Cash & Short-Term Investments	17.82	12.91	16.46	11.53	16.12	6.47
Cash Growth	61.07%	-21.56%	42.72%	-28.46%	149.24%	-67.63%
Accounts Receivable	38.43	39.32	48.03	43.4	37.36	36.4
Other Receivables	0.27	5.93	7.93	14.8	10.25	6.34
Receivables	38.69	45.26	55.97	58.2	47.61	42.74
Inventory	61.93	56.93	48.91	63.76	48.92	39.64
Prepaid Expenses	-	-	-	-	2.09	2.4
Other Current Assets	8.76	4.71	4.5	-	-	-
Total Current Assets	127.21	119.8	125.83	133.49	114.74	91.25
Property, Plant & Equipment	78.55	74.47	75.82	75.11	72.94	75.37
Long-Term Investments	1.06	0.05	0.07	0.09	11.49	14.49
Goodwill	-	9.85	9.86	10	10.35	10.55
Other Intangible Assets	46.44	2.29	2.81	3.73	4.56	4.44
Long-Term Deferred Tax Assets	9.72	9.41	5.35	4.74	3.1	9.42
Long-Term Deferred Charges	-	34.65	35.13	34.9	33.92	31.53
Other Long-Term Assets	6.14	7.8	9.99	9.32	8.59	8.97
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	-	8.07	10.46	16.68	13.65	11.82
Current Portion of Long-Term Debt	1.47	1.77	1.22	46.9	44.08	22.18
Current Portion of Leases	3.86	3.49	4.22	3.75	5.43	5.86
Current Income Taxes Payable	1.57	0.98	0.87	1.68	0.75	0.6
Current Unearned Revenue	4.53	3.57	5.16	-	-	-
Other Current Liabilities	24.9	15.75	13.99	22.73	17.42	16.46
Total Current Liabilities	50.46	49.12	53.52	111.19	100.4	75.81
Long-Term Debt	51.34	45.97	43.71	3.44	1.17	2.42
Long-Term Leases	13.83	9.94	11.9	12.85	14.27	17.32
Pension & Post-Retirement Benefits	66.19	67.24	74.08	69.19	64.17	95.49
Long-Term Deferred Tax Liabilities	6.7	6.69	5.06	4.58	5.91	2.61
Other Long-Term Liabilities	4.09	4.25	4.56	2.41	2.44	2.59
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
Retained Earnings	65.8	66.06	63.1	57.28	57.09	55.14
Comprehensive Income & Other	-5.97	-7.08	-7.47	-6.22	-2.44	-22.09
Total Common 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	61.18	61.05	66.94	64.94	47.78
Net Cash (Debt)	-52.68	-48.26	-44.59	-55.41	-48.82	-41.31
Net Cash Per Share	-8.18	-7.49	-6.92	-8.60	-7.58	-6.41
Filing Date Shares Outstanding	6.44	6.44	6.44	6.44	6.44	6.44
Total Common Shares Outstanding	6.44	6.44	6.44	6.44	6.44	6.44
Working Capital	76.75	70.69	72.32	22.3	14.35	15.44
Book Value Per Share	11.85	11.72	11.20	10.49	11.05	7.69
Tangible Book Value	29.89	63.34	59.47	53.83	56.24	34.57
Tangible Book Value Per Share	4.64	9.83	9.23	8.36	8.73	5.37
Machinery	-	107.48	104.34	102.81	94.65	92.05
Order Backlog	-	90.9	95.8	115.1	109.4	72.2

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