Valneva SE 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	143.46	168.27	126.08	289.43	346.69	204.44
Cash & Short-Term Investments	143.46	168.27	126.08	289.43	346.69	204.44
Cash Growth	-8.23%	33.46%	-56.44%	-16.52%	69.58%	217.25%
Receivables	20.08	35.21	41.65	23.91	44.01	19.23
Inventory	64.29	53.66	44.47	35.1	124.1	26.93
Other Current Assets	40.5	41.87	50.63	76.21	71.04	57.83
Total Current Assets	268.33	299.01	262.82	424.66	585.83	308.43
Property, Plant & Equipment	142.07	158.12	156.59	154.04	173.83	78.15
Long-Term Investments	-	-	-	-	2.12	2.13
Other Intangible Assets	23.07	24.15	24.33	27.32	31.12	33.67
Long-Term Deferred Tax Assets	7.34	9.61	6.59	5.64	3.58	5.57
Long-Term Deferred Charges	-	1.11	1.24	1.39	1.58	1.74
Other Long-Term Assets	7.42	8.04	8.49	8.3	19.28	19.48
Total Assets	448.23	500.03	460.06	621.34	817.35	449.16
Accounts Payable	30.12	12.64	17.56	14.51	16.04	24.9
Accrued Expenses	18.7	43.36	46.69	48.31	102.23	24.48
Current Portion of Long-Term Debt	58.83	20.85	44.08	11.58	7.11	6.99
Current Portion of Leases	2.67	2.51	2.88	25.41	3.14	2.7
Current Income Taxes Payable	0.29	1.74	0.63	0.53	0.08	-
Current Unearned Revenue	0.42	3.01	5.7	9.41	124.02	89.58
Other Current Liabilities	39.44	30.47	41.32	167.65	116.37	27.23
Total Current Liabilities	150.48	114.58	158.86	277.39	368.98	175.87
Long-Term Debt	108.89	166.52	132.77	87.23	50.73	46.38
Long-Term Leases	25.45	26.43	29.09	28.16	53.69	49.39
Long-Term Unearned Revenue	-	-	-	-	4.74	0.06
Long-Term Deferred Tax Liabilities	3.95	4.16	3.64	0.69	1.29	0.41
Other Long-Term Liabilities	8.98	7.08	7.46	8.07	167.35	99.64
Total Liabilities	297.75	318.78	331.82	401.55	646.77	371.74
Common Stock	25.78	24.38	20.84	20.76	15.79	13.65
Additional Paid-In Capital	672.42	647.6	594	594.04	409.26	244.98
Retained Earnings	-629.1	-573.45	-561.2	-459.77	-316.49	-243.02
Treasury Stock	-	-0.65	-0.65	-0.65	-0.65	-0.9
Comprehensive Income & Other	81.38	83.37	75.25	65.41	62.67	62.71
Shareholders' Equity	150.48	181.25	128.25	219.8	170.58	77.42
Total Liabilities & Equity	448.23	500.03	460.06	621.34	817.35	449.16
Total Debt	195.84	216.31	208.82	152.38	114.66	105.45
Net Cash (Debt)	-52.38	-48.04	-82.74	137.05	232.03	98.98
Net Cash Growth	-	-	-	-40.94%	134.41%	-
Net Cash Per Share	-0.31	-0.33	-0.60	1.19	2.38	1.09
Filing Date Shares Outstanding	181.05	162.4	138.79	138.24	105.24	90.8
Total Common Shares Outstanding	181.05	162.4	138.79	138.24	105.24	90.8
Working Capital	117.85	184.43	103.96	147.27	216.85	132.56
Book Value Per Share	0.83	1.12	0.92	1.59	1.62	0.85
Tangible Book Value	127.4	157.1	103.92	192.48	139.46	43.75
Tangible Book Value Per Share	0.70	0.97	0.75	1.39	1.33	0.48
Land	-	151.03	125.58	96.53	25.55	24.06
Machinery	-	79.5	79.02	81.47	48.79	32.77
Construction In Progress	-	3.52	3.72	1.58	92.66	11.11

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