VGP NV 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
Property, Plant & Equipment	1,806	1,424	984.1	1,911	1,450
Total Real Estate Assets	2,534	2,028	1,616	2,469	1,885
Cash & Equivalents	523.09	492.53	209.92	699.17	222.16
Accounts Receivable	25.52	19.67	15.93	16.06	9.28
Other Receivables	106.31	64.13	63.56	106.05	138.74
Other Intangible Assets	0.52	0.72	1	1.2	1.05
Other Current Assets	27.31	198.18	892.62	299.91	501.88
Deferred Long-Term Tax Assets	10.71	11.62	8.3	3.84	1.95
Other Long-Term Assets	1,977	1,839	1,603	1,251	1,123
Total Assets	5,204	4,654	4,411	4,846	3,883
Current Portion of Long-Term Debt	262.05	114.87	111.75	413.7	44.15
Long-Term Debt	2,098	1,942	1,885	1,960	1,341
Accounts Payable	77.06	69	67.02	98.08	95.19
Accrued Expenses	7.34	5.6	5.19	3.33	7.86
Other Current Liabilities	38.43	39.11	65.15	42.21	74.62
Long-Term Deferred Tax Liabilities	65.64	35.65	23.94	79.67	112.3
Other Long-Term Liabilities	55.05	46.78	38.09	46.42	32.46
Total Liabilities	2,603	2,254	2,196	2,644	1,707
Common Stock	136.09	136.09	136.09	136.09	108.87
Additional Paid-In Capital	845.58	845.58	845.58	845.58	574.09
Retained Earnings	1,650	1,449	1,263	1,251	1,523
Comprehensive Income & Other	-30.42	-30.42	-30.42	-30.42	-30.42
Shareholders' Equity	2,601	2,400	2,214	2,202	2,176
Total Liabilities & Equity	5,204	4,654	4,411	4,846	3,883
Total Debt	2,360	2,057	1,997	2,374	1,385
Net Cash (Debt)	-1,837	-1,565	-1,787	-1,675	-1,163
Net Cash Per Share	-67.30	-57.34	-65.48	-75.07	-56.17
Filing Date Shares Outstanding	27.29	27.29	27.29	27.29	21.83
Total Common Shares Outstanding	27.29	27.29	27.29	27.29	21.83
Book Value Per Share	95.30	87.96	81.14	80.69	99.65
Tangible Book Value	2,600	2,400	2,213	2,201	2,175
Tangible Book Value Per Share	95.28	87.93	81.10	80.65	99.60
Construction In Progress	-	14.06	31.33	-	-

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