AdCapital AG 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	2.29	3.9	4.48	6.86	8.87	9.75
Cash & Short-Term Investments	2.29	3.9	4.48	6.86	8.87	9.75
Cash Growth	-23.76%	-12.96%	-34.79%	-22.62%	-9.03%	14.33%
Accounts Receivable	26.06	14.24	17.53	13.93	11.61	16.99
Other Receivables	-	0.01	1.09	1.09	1.63	-
Receivables	26.06	14.24	18.62	15.02	13.24	16.99
Inventory	43.96	44.71	48.14	56.37	53.86	37.09
Other Current Assets	-	9.08	10.5	6.17	6.85	6.86
Total Current Assets	72.31	71.93	81.74	84.43	82.82	70.7
Property, Plant & Equipment	28.48	25.96	25.87	24.06	19.39	20.01
Long-Term Investments	0.42	0.42	0.42	1.06	0.78	0.19
Goodwill	-	0.02	0.02	-	-	-
Other Intangible Assets	0.69	0.65	0.31	0.28	0.46	0.78
Long-Term Deferred Tax Assets	-	0.03	0.19	0.21	0.22	0.02
Other Long-Term Assets	0.87	4.24	3.48	3.31	8.17	3.17
Total Assets	102.77	103.25	112.03	113.35	111.84	95.48
Accounts Payable	-	13.82	14.25	14.58	15.04	12.35
Accrued Expenses	0.02	1.71	1.17	0.92	1.65	1.83
Current Portion of Long-Term Debt	-	21.46	22.95	15.83	7.11	5.9
Current Income Taxes Payable	-	0.9	0.76	0.85	0.91	0.71
Current Unearned Revenue	-	0.2	0.97	0.07	0.34	0.64
Other Current Liabilities	-	3.5	2.37	1.66	2.56	3.73
Total Current Liabilities	0.02	41.59	42.46	33.91	27.6	25.16
Long-Term Debt	-	7.96	8.27	11.41	13.36	1.99
Pension & Post-Retirement Benefits	-	2.93	2.91	2.97	2.9	2.84
Other Long-Term Liabilities	67.12	9.77	10.5	14.73	6.62	6.59
Total Liabilities	67.13	62.24	64.14	63.01	50.49	36.58
Common Stock	42	42	42	41.7	41.7	41.7
Retained Earnings	-15.64	-10.67	-5.43	-2.67	8.76	7.05
Comprehensive Income & Other	4.15	4.69	5.7	6.01	5.89	4.26
Total Common Equity	30.52	36.03	42.27	45.04	56.35	53
Minority Interest	5.12	4.98	5.62	5.3	5	5.9
Shareholders' Equity	35.64	41	47.89	50.34	61.35	58.9
Total Liabilities & Equity	102.77	103.25	112.03	113.35	111.84	95.48
Total Debt	-	29.42	31.22	27.24	20.47	7.89
Net Cash (Debt)	2.29	-25.52	-26.75	-20.37	-11.6	1.86
Net Cash Growth	-23.76%	-	-	-	-	-
Net Cash Per Share	-	-1.83	-1.92	-1.46	-0.83	0.13
Filing Date Shares Outstanding	-	13.94	13.94	13.94	13.94	13.94
Total Common Shares Outstanding	-	13.94	13.94	13.94	13.94	13.94
Working Capital	72.29	30.34	39.28	50.52	55.22	45.54
Book Value Per Share	-	2.58	3.03	3.23	4.04	3.80
Tangible Book Value	29.82	35.36	41.95	44.76	55.88	52.23
Tangible Book Value Per Share	-	2.54	3.01	3.21	4.01	3.75
Land	-	23.46	23.12	23.14	20.07	21.21
Machinery	-	95.64	92.95	88.37	91.17	95.77

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.