SMA Solar Technology 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	190.79	195.83	260.77	203.65	219.84
Short-Term Investments	10.61	13.13	6.22	2.96	17.64
Cash & Short-Term Investments	201.4	208.96	266.99	206.61	237.48
Cash Growth	-3.62%	-21.74%	29.23%	-13.00%	-0.34%
Accounts Receivable	183.83	216.91	277.4	153.53	142.67
Other Receivables	25.32	24.67	47.86	29.64	37.3
Receivables	209.15	241.58	325.26	183.17	179.97
Inventory	356.86	563.57	559.07	308.67	273.02
Other Current Assets	46.63	48.36	42.37	24.93	28.85
Total Current Assets	814.04	1,062	1,194	723.38	719.33
Property, Plant & Equipment	267.52	233.29	190.47	175.62	187.77
Long-Term Investments	11.65	10.33	1.56	6.17	2.66
Goodwill	0.31	0.31	0.48	0.48	0.48
Other Intangible Assets	95.59	120.27	116.8	88.45	62.22
Long-Term Deferred Tax Assets	113.19	78.65	78.51	85.43	60.28
Other Long-Term Assets	3.67	35.92	40.41	30.5	20.93
Total Assets	1,306	1,541	1,622	1,110	1,054
Accounts Payable	159.07	147.07	303.8	133.45	134.03
Accrued Expenses	55.1	57.09	53.92	37.37	17.99
Current Portion of Long-Term Debt	42.42	144.16	0.31	-	2.25
Current Portion of Leases	14.6	11.01	8.51	7.31	8.32
Current Income Taxes Payable	10.47	17.12	15.69	4.16	6.63
Current Unearned Revenue	225.77	220.36	198.22	132.38	67.54
Other Current Liabilities	112.06	102.59	71.9	67.57	115.42
Total Current Liabilities	619.49	699.39	652.35	382.24	352.16
Long-Term Debt	9.79	7.79	6.14	0.02	6.11
Long-Term Leases	73.22	33.27	16.9	16.34	22.37
Long-Term Unearned Revenue	129.88	138.11	150.54	152.93	158.65
Long-Term Deferred Tax Liabilities	3.75	3.52	1.85	0.44	0.36
Other Long-Term Liabilities	104.31	105.84	107.95	94.54	105.98
Total Liabilities	940.44	987.91	935.73	646.5	645.64
Common Stock	34.7	34.7	34.7	34.7	34.7
Additional Paid-In Capital	119.2	119.2	119.2	119.2	119.2
Retained Earnings	214.38	395.51	530.59	305.79	249.97
Comprehensive Income & Other	-2.74	3.91	1.69	3.84	4.15
Total Common Equity	365.54	553.32	686.18	463.52	408.02
Shareholders' Equity	365.54	553.32	686.18	463.52	408.02
Total Liabilities & Equity	1,306	1,541	1,622	1,110	1,054
Total Debt	140.03	196.23	31.85	23.66	39.05
Net Cash (Debt)	61.38	12.73	235.14	182.94	198.43
Net Cash Growth	382.23%	-94.59%	28.53%	-7.80%	0.34%
Net Cash Per Share	1.77	0.37	6.78	5.27	5.72
Filing Date Shares Outstanding	34.7	34.7	34.7	34.7	34.7
Total Common Shares Outstanding	34.7	34.7	34.7	34.7	34.7
Working Capital	194.55	363.07	541.34	341.14	367.16
Book Value Per Share	10.53	15.95	19.77	13.36	11.76
Tangible Book Value	269.64	432.74	568.91	374.59	345.32
Tangible Book Value Per Share	7.77	12.47	16.39	10.80	9.95
Land	-	239.21	234.42	223.98	219.28
Machinery	-	297.03	279.28	261.68	254.69
Order Backlog	-	-	1,705	2,077	886.6

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