Vetoquinol 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	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	181.51	206.33	147.46	93.71	69	129.44
Cash & Short-Term Investments	181.51	206.33	147.46	93.71	69	129.44
Cash Growth	11.47%	39.92%	57.37%	35.81%	-46.70%	53.16%
Accounts Receivable	89.35	86.79	89.32	74.62	77.53	72.75
Other Receivables	8.53	8.61	15.89	16.2	9.12	15.5
Receivables	97.87	95.69	105.67	91.27	87.25	88.65
Inventory	130.96	112.29	103.54	116.09	111.59	85.53
Prepaid Expenses	-	6.87	6.72	7.54	5.84	3.55
Other Current Assets	5.54	0.01	-	-	-	-
Total Current Assets	415.88	421.18	363.39	308.61	273.69	307.16
Property, Plant & Equipment	91.27	92.6	89.7	84.65	72.99	72.27
Long-Term Investments	1.46	1.52	1.49	1.44	2.07	1.99
Goodwill	72.17	76.41	75.04	76.17	83.46	79.86
Other Intangible Assets	134.65	142.09	154	168.71	178.52	174.99
Long-Term Deferred Tax Assets	10.38	10.33	8.62	10.63	12.38	9.81
Other Long-Term Assets	0	-	-	1.63	1.46	-
Total Assets	725.82	744.13	692.23	651.85	624.56	646.09
Accounts Payable	121.7	39.42	42	39.04	46.94	41.47
Accrued Expenses	-	41.51	37.98	37.56	43.97	36.58
Short-Term Debt	1.56	3.9	1.26	0.12	0.89	0.11
Current Portion of Long-Term Debt	1.19	0.5	1.73	3.18	3.03	112.13
Current Portion of Leases	5.37	5.52	4.98	4.56	4.39	4.37
Current Income Taxes Payable	3.63	2.75	4.94	5.58	7.28	6.09
Current Unearned Revenue	-	0	0	0.01	0.01	0.25
Other Current Liabilities	0.44	47.94	46.51	50.63	50.52	38.56
Total Current Liabilities	133.88	141.53	139.39	140.68	157.03	239.55
Long-Term Debt	0.17	0.18	0.17	0.18	0.19	0.18
Long-Term Leases	9.46	11.04	9.49	9.38	6.88	8.08
Pension & Post-Retirement Benefits	7.91	7.99	7.62	7.31	8.95	9.4
Long-Term Deferred Tax Liabilities	5.47	6.04	7.17	8.02	8.32	8.43
Other Long-Term Liabilities	1.4	1.43	1.28	1.62	1.85	8.63
Total Liabilities	158.29	168.2	165.12	167.19	183.21	274.26
Common Stock	70.83	29.71	29.71	29.71	29.71	29.71
Additional Paid-In Capital	-	41.13	41.13	41.13	41.13	41.13
Retained Earnings	25.08	58.69	55.56	48	62.86	19.22
Comprehensive Income & Other	471.54	446.32	400.62	365.75	307.57	281.69
Total Common Equity	567.45	575.84	527.01	484.57	441.26	371.75
Minority Interest	0.08	0.09	0.1	0.09	0.09	0.08
Shareholders' Equity	567.53	575.93	527.11	484.66	441.35	371.83
Total Liabilities & Equity	725.82	744.13	692.23	651.85	624.56	646.09
Total Debt	17.74	21.12	17.63	17.42	15.38	124.86
Net Cash (Debt)	163.78	185.21	129.84	76.29	53.62	4.59
Net Cash Growth	15.39%	42.65%	70.19%	42.28%	1069.38%	-93.67%
Net Cash Per Share	13.92	15.70	10.97	6.45	4.53	0.39
Filing Date Shares Outstanding	11.77	11.8	11.83	11.83	11.83	11.83
Total Common Shares Outstanding	11.77	11.8	11.83	11.83	11.83	11.83
Working Capital	282	279.65	224	167.93	116.66	67.61
Book Value Per Share	48.21	48.82	44.54	40.96	37.30	31.43
Tangible Book Value	360.62	357.34	297.98	239.69	179.28	116.89
Tangible Book Value Per Share	30.64	30.29	25.18	20.26	15.16	9.88
Land	-	3.84	4.65	3.43	3.13	3.91
Buildings	-	96.11	92.39	86.63	87.12	89.67
Machinery	-	84.5	79.74	72.5	75.46	74.02
Construction In Progress	-	13.98	13.8	15.02	9.41	3.7

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