Sanlorenzo Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 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	126.28	135.65	192.51	146.32	141.27	94.36
Short-Term Investments	-	34.23	21.51	51.05	-	-
Trading Asset Securities	-	0.53	1.27	2.52	0.2	0.65
Cash & Short-Term Investments	126.28	170.41	215.29	199.89	141.47	95.01
Cash Growth	-3.82%	-20.84%	7.70%	41.30%	48.91%	42.46%
Accounts Receivable	314.92	290.92	208.09	190.42	135.5	130.17
Other Receivables	-	47.24	20.5	27.32	26.5	13.3
Receivables	314.92	338.16	228.59	217.74	162	143.47
Inventory	188.44	126.35	85.42	53.44	68.27	82.21
Other Current Assets	105.69	50.27	40.49	34.96	27.96	17.14
Total Current Assets	735.32	685.19	569.79	506.03	399.7	337.83
Property, Plant & Equipment	222.34	221.02	179.82	158.71	134.99	112.49
Long-Term Investments	25.17	13.15	6.56	11.43	0.45	0.41
Goodwill	69.64	69.08	17.49	10.76	8.67	8.67
Other Intangible Assets	109.94	70.29	24.36	24.14	23	17.49
Long-Term Deferred Tax Assets	7.9	8.97	12.26	5.5	5.96	6.54
Long-Term Deferred Charges	-	40.42	30.81	27.24	22.28	18.95
Total Assets	1,170	1,108	841.08	743.79	595.04	502.37
Accounts Payable	249.5	285.5	203.81	155.98	120.13	137.24
Accrued Expenses	1.88	32.43	23.37	22.26	14.12	13.55
Short-Term Debt	-	35.92	23.17	21.36	0.04	0.22
Current Portion of Long-Term Debt	73.58	28.27	20.81	26.96	31.87	26.09
Current Portion of Leases	-	6.18	3.26	2.45	1.4	2.13
Current Income Taxes Payable	1.75	1.15	10.5	9.95	1.59	7.02
Current Unearned Revenue	121.7	113.92	125.44	132.37	102.95	46.16
Other Current Liabilities	77.06	43.81	25.08	22.08	22.21	19.61
Total Current Liabilities	525.47	547.18	435.43	393.4	294.3	252
Long-Term Debt	108.43	53.6	23.03	43.86	65.69	57.93
Long-Term Leases	-	19.34	5.76	5.4	3.42	4.81
Pension & Post-Retirement Benefits	3.82	3.68	2.49	1.11	1.06	0.85
Other Long-Term Liabilities	40.18	43.56	14.4	9.94	1.43	1.39
Total Liabilities	677.9	667.35	481.12	453.71	365.9	316.98
Common Stock	35.62	35.54	34.98	34.78	34.54	34.5
Additional Paid-In Capital	103.86	102.57	84.44	81.24	77.2	76.55
Retained Earnings	75.94	295.39	232.82	174.67	122.68	82.68
Treasury Stock	-	-10.23	-6.26	-2.95	-0.9	-0.9
Comprehensive Income & Other	272.1	12.88	12.3	0.79	-4.48	-7.09
Total Common Equity	487.52	436.14	358.27	288.53	229.04	185.75
Minority Interest	4.87	4.62	1.69	1.55	0.1	-0.36
Shareholders' Equity	492.39	440.76	359.96	290.08	229.14	185.39
Total Liabilities & Equity	1,170	1,108	841.08	743.79	595.04	502.37
Total Debt	182.01	143.31	76.02	100.02	102.42	91.18
Net Cash (Debt)	-55.74	27.1	139.26	99.87	39.05	3.83
Net Cash Growth	-	-80.54%	39.45%	155.74%	920.12%	-
Net Cash Per Share	-1.58	0.77	3.97	2.86	1.13	0.11
Filing Date Shares Outstanding	35.31	35.18	34.8	34.69	34.54	34.44
Total Common Shares Outstanding	35.31	35.18	34.76	34.66	34.48	34.44
Working Capital	209.85	138.01	134.36	112.63	105.4	85.83
Book Value Per Share	13.81	12.40	10.31	8.32	6.64	5.39
Tangible Book Value	307.95	296.78	316.43	253.64	197.37	159.59
Tangible Book Value Per Share	8.72	8.44	9.10	7.32	5.72	4.63
Land	-	172.3	156.22	134	111.84	91.21
Machinery	-	154.56	125.33	110.17	95.15	85.42
Construction In Progress	-	7.17	3.04	1.38	3.12	2.51
Order Backlog	-	1,950	1,042	1,070	915.63	408.76

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