Stadler Rail AG Balance Sheet

Financials in millions CHF. Fiscal year is January - December.

Millions CHF. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	517.71	1,261	1,087	831.68	1,149	928.9
Cash & Short-Term Investments	517.71	1,261	1,087	831.68	1,149	928.9
Cash Growth	-35.91%	15.99%	30.70%	-27.60%	23.66%	23.41%
Accounts Receivable	1,193	1,190	1,029	1,096	1,009	1,163
Other Receivables	236.32	168.43	136.9	153.03	171.97	178.35
Receivables	1,429	1,358	1,166	1,249	1,181	1,342
Inventory	2,018	1,661	1,346	1,036	1,068	1,088
Other Current Assets	-	2.1	10.51	1.08	0.01	0.64
Total Current Assets	3,965	4,282	3,609	3,118	3,398	3,359
Property, Plant & Equipment	1,115	1,096	998.05	919.82	892.74	879.97
Long-Term Investments	212.11	60.18	58.05	78.93	66.09	79.94
Other Intangible Assets	283.18	210.4	181.32	6.93	84.49	46.12
Long-Term Deferred Tax Assets	-	151.49	113.17	88.58	77.21	68.41
Long-Term Deferred Charges	-	55.5	48.55	183.73	80.45	77.21
Total Assets	5,576	5,855	5,009	4,395	4,599	4,511
Accounts Payable	249.72	230.22	159.34	239.94	215.29	298.31
Accrued Expenses	-	490.28	377.08	374.11	371.24	254.5
Current Portion of Long-Term Debt	104.34	48.56	170.51	459.64	815.36	1,000
Current Portion of Leases	-	1.23	1.22	1.44	2.55	2.72
Current Income Taxes Payable	-	11.93	11.05	20.68	20.2	21.52
Current Unearned Revenue	3,304	3,112	2,672	1,615	1,317	1,262
Other Current Liabilities	185.27	188.26	158.36	193.38	210.19	191.61
Total Current Liabilities	3,843	4,082	3,550	2,904	2,952	3,031
Long-Term Debt	820.17	820.67	492.82	576.04	642.54	491.1
Long-Term Leases	-	22.38	23.55	25.36	39.38	42.86
Pension & Post-Retirement Benefits	2.56	2.62	3.97	2.59	2.72	3.07
Long-Term Deferred Tax Liabilities	-	55.35	14.82	6.74	11.04	10.75
Other Long-Term Liabilities	143.09	98.33	104.44	101.37	70.42	72.17
Total Liabilities	4,809	5,081	4,189	3,616	3,718	3,651
Common Stock	20	20	20	20	20	20
Retained Earnings	931.38	945.19	996.41	978	1,017	986.84
Treasury Stock	-0.18	-0.02	-0.01	-0.1	-1.34	-0.72
Comprehensive Income & Other	-226.97	-225.93	-226.12	-225.32	-160.86	-151.11
Total Common Equity	724.23	739.24	790.28	772.58	875.21	855.01
Minority Interest	43.18	34.84	28.98	6.52	5.06	5.33
Shareholders' Equity	767.41	774.08	819.26	779.09	880.26	860.34
Total Liabilities & Equity	5,576	5,855	5,009	4,395	4,599	4,511
Total Debt	924.51	892.83	688.1	1,062	1,500	1,537
Net Cash (Debt)	-406.8	368.02	398.94	-230.79	-351.11	-608.15
Net Cash Growth	-	-7.75%	-	-	-	-
Net Cash Per Share	-4.06	3.68	3.99	-2.31	-3.51	-6.08
Filing Date Shares Outstanding	100.44	100	100	100	99.97	99.98
Total Common Shares Outstanding	100.44	100	100	100	99.97	99.98
Working Capital	122.51	200.12	59.72	213.2	445.39	328.65
Book Value Per Share	7.21	7.39	7.90	7.73	8.76	8.55
Tangible Book Value	441.05	528.84	608.96	765.65	790.71	808.89
Tangible Book Value Per Share	4.39	5.29	6.09	7.66	7.91	8.09
Land	-	863.01	775.18	683.93	659.49	569.72
Machinery	-	649.3	594.76	567.97	542.93	494.32
Construction In Progress	-	107.73	91.13	80.45	44.45	122.23
Order Backlog	-	29,180	24,414	21,984	17,871	16,106

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