AS Tallinna Vesi 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
Cash & Equivalents	11.29	3.59	14.74	12.65	36.56
Accounts Receivable	10.76	9.34	7.68	7.85	5.81
Other Receivables	-	0.27	0.55	0.8	0.52
Inventory	1.16	1.18	1.14	1.2	0.7
Prepaid Expenses	-	1.13	0.38	0.34	0.31
Total Current Assets	23.22	15.52	24.48	22.84	43.9
Property, Plant & Equipment	338.65	296.26	256.11	229.87	211.55
Other Intangible Assets	2.7	2.06	1.29	0.69	0.73
Total Assets	364.57	313.84	281.88	253.39	256.17
Accounts Payable	17.6	2.6	2.28	3.57	2.88
Accrued Expenses	-	5.13	3.84	2.85	2.7
Current Portion of Long-Term Debt	3.74	3.44	3.59	3.63	3.63
Current Unearned Revenue	2.78	2.65	3.6	3.75	3.6
Current Portion of Leases	0.77	0.88	0.7	0.88	0.42
Current Income Taxes Payable	-	0.39	0.32	0.27	0.22
Other Current Liabilities	-	5.47	4.44	3.54	2.04
Total Current Liabilities	24.89	20.54	18.78	18.49	15.49
Long-Term Debt	155.39	114.24	92.84	76.71	80.34
Long-Term Leases	1.5	2.18	1.89	1.61	1.24
Long-Term Unearned Revenue	52.11	50.11	44.65	39.15	37.24
Long-Term Deferred Tax Liabilities	0.7	0.49	0.51	0.5	0.37
Other Long-Term Liabilities	6.18	6.13	6.15	6.12	6.08
Total Liabilities	240.78	193.69	164.81	142.57	140.75
Common Stock	12	12	12	12	12
Additional Paid-In Capital	24.73	24.73	24.73	24.73	24.73
Retained Earnings	87.06	83.42	80.34	74.09	78.69
Shareholders' Equity	123.8	120.15	117.07	110.83	115.42
Total Liabilities & Equity	364.57	313.84	281.88	253.39	256.17
Total Debt	161.4	120.74	99.02	82.83	85.62
Net Cash (Debt)	-150.11	-117.15	-84.28	-70.18	-49.06
Net Cash Per Share	-7.51	-5.86	-4.21	-3.51	-2.45
Filing Date Shares Outstanding	20	20	20	20	20
Total Common Shares Outstanding	20	20	20	20	20
Working Capital	-1.67	-5.03	5.7	4.35	28.41
Book Value Per Share	6.19	6.01	5.85	5.54	5.77
Tangible Book Value	121.1	118.09	115.78	110.14	114.69
Tangible Book Value Per Share	6.05	5.90	5.79	5.51	5.73
Land	28.92	28.25	28.12	27.62	27.03
Machinery	73.98	64.72	57.45	54.53	50.82
Construction In Progress	30.16	17.58	9.03	6.15	12.05

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