SMA Solar Technology 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	116.51	190.79	195.83	219.38	165.36	113.98
Cash & Short-Term Investments	116.51	190.79	195.83	219.38	165.36	113.98
Cash Growth	-55.84%	-2.57%	-10.73%	32.67%	45.08%	-7.87%
Accounts Receivable	241.81	183.83	216.91	277.4	153.53	142.67
Other Receivables	39.02	36.6	34.51	56.87	27.04	33.37
Total Trade Receivables	280.83	220.42	251.41	334.26	180.57	176.04
Inventory	360.21	356.86	563.57	559.07	308.67	273.02
Other Current Assets	44.33	41.42	46.73	74.7	57.69	146.39
Total Current Assets	808.03	814.04	1,062	1,194	723.38	719.33
Net Property, Plant & Equipment	263.41	267.52	265.32	226.11	191.85	194.17
Other Intangible Assets	93.29	95.9	120.58	117.28	88.93	62.7
Long-Term Investments	13.57	11.65	10.33	1.56	6.17	2.66
Other Long-Term Assets	108.62	116.86	82.54	83.28	99.7	74.8
Total Assets	1,287	1,306	1,541	1,622	1,110	1,054
Accounts Payable	198.86	159.07	147.07	303.8	133.45	134.03
Short-Term Debt	12.73	57.02	155.17	8.82	7.31	18.17
Current Portion of Leases	1.26	1.01	1	0.92	0.57	0.54
Unearned Revenue	209.82	225.77	220.36	198.22	132.38	67.54
Other Current Liabilities	177.68	176.62	175.79	140.59	108.54	131.89
Total Current Liabilities	600.35	619.49	699.39	652.35	382.24	352.16
Long-Term Debt	81.41	83.01	41.06	23.04	16.36	28.49
Other Long-Term Liabilities	239.26	237.94	247.46	260.35	247.91	264.99
Total Long-Term Liabilities	320.66	320.95	288.52	283.38	264.26	293.48
Total Liabilities	921.01	940.44	987.91	935.73	646.5	645.64
Common Stock	34.7	34.7	34.7	34.7	34.7	34.7
Additional Paid-in Capital	119.2	119.2	119.2	119.2	119.2	119.2
Retained Earnings	212.01	211.64	399.42	532.28	309.62	254.12
Shareholders' Equity	365.91	365.54	553.32	686.18	463.52	408.02
Total Liabilities & Equity	1,287	1,306	1,541	1,622	1,110	1,054
Total Debt	95.39	141.04	197.23	32.78	24.23	47.19
Net Cash (Debt)	21.11	49.76	-1.4	186.61	141.12	66.79
Net Cash Growth	-49.97%	-	-	32.23%	111.31%	-18.59%
Net Cash Per Share	0.61	1.43	-0.04	5.38	4.07	1.93
Book Value	365.91	365.54	553.32	686.18	463.52	408.02
Book Value Per Share	10.55	10.53	15.95	19.77	13.36	11.76
Tangible Book Value	272.62	269.64	432.74	568.91	374.59	345.32
Tangible Book Value Per Share	7.86	7.77	12.47	16.39	10.80	9.95