Martifer SGPS 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	50.72	108.22	82.9	56.33	41.01	43.8
Trading Asset Securities	2.13	1.79	1.94	1.42	1.62	1.3
Cash & Short-Term Investments	52.84	110.02	84.84	57.75	42.63	45.1
Cash Growth	-52.47%	29.67%	46.92%	35.46%	-5.47%	24.00%
Accounts Receivable	62.62	59.67	45.46	42.47	57.42	49.42
Other Receivables	17.51	11.85	8.78	9	12.57	15.47
Receivables	80.13	71.52	54.24	51.46	69.99	64.89
Inventory	16.6	17.49	10.26	10.16	12.34	8.97
Prepaid Expenses	-	18.58	7.51	9.57	-	-
Other Current Assets	44.85	2.85	7.37	3.29	13.07	22.7
Total Current Assets	194.41	220.45	164.23	132.23	138.04	141.66
Property, Plant & Equipment	104	86.1	66.12	67.58	69.19	73.3
Long-Term Investments	0.39	0.43	5.03	5.27	8.69	7.38
Goodwill	10.96	10.96	10.96	10.97	10.97	10.97
Other Intangible Assets	0.44	0.39	0.39	0.56	0.5	0.45
Long-Term Accounts Receivable	1.27	2.09	3	4.23	5.16	8.18
Long-Term Deferred Tax Assets	6.55	6.47	4.88	5.36	5.89	5.92
Other Long-Term Assets	19.81	19.81	20.07	19.51	21.51	21.83
Total Assets	337.84	346.69	274.69	245.71	259.95	269.7
Accounts Payable	47.66	42.14	31.92	28.67	39.46	47.9
Accrued Expenses	13.59	17.4	22.43	16.78	9.1	8.51
Current Portion of Long-Term Debt	17.09	4.46	4.92	3.7	3.49	2.53
Current Portion of Leases	1.49	1.74	1.55	1.34	0.92	0.62
Current Income Taxes Payable	1.83	3.09	1.06	1.95	2.36	1.24
Current Unearned Revenue	74.31	73.28	27.48	25.67	40.44	40.97
Other Current Liabilities	10.3	6.08	4.68	4.8	8.25	10.94
Total Current Liabilities	166.27	148.18	94.04	82.91	104.02	112.71
Long-Term Debt	65.52	81.94	86.39	93.17	107.1	117.53
Long-Term Leases	20.63	24.75	24.06	25.26	20.18	20.46
Long-Term Unearned Revenue	1.15	0.18	0.93	1.69	2.24	2.97
Long-Term Deferred Tax Liabilities	2.26	2.27	2.37	2.55	2.64	2.71
Other Long-Term Liabilities	4.44	5.4	10.66	5.05	5.46	7.47
Total Liabilities	260.27	262.72	218.45	210.63	241.63	263.86
Common Stock	50	50	50	50	50	50
Retained Earnings	7.99	23	19.7	13.34	11.27	6.3
Treasury Stock	-2.87	-2.87	-2.87	-2.87	-2.87	-2.87
Comprehensive Income & Other	18.61	9.09	-11.37	-25.42	-39.75	-46.04
Total Common Equity	73.72	79.22	55.45	35.05	18.65	7.39
Minority Interest	3.85	4.75	0.79	0.03	-0.34	-1.54
Shareholders' Equity	77.57	83.98	56.24	35.08	18.32	5.84
Total Liabilities & Equity	337.84	346.69	274.69	245.71	259.95	269.7
Total Debt	104.73	112.88	116.92	123.46	131.69	141.15
Net Cash (Debt)	-51.89	-2.87	-32.08	-65.72	-89.06	-96.05
Net Cash Per Share	-0.53	-0.03	-0.33	-0.67	-0.91	-0.98
Filing Date Shares Outstanding	97.78	97.78	97.78	97.78	97.78	97.78
Total Common Shares Outstanding	97.78	97.78	97.78	97.78	97.78	97.78
Working Capital	28.14	72.27	70.19	49.33	34.02	28.95
Book Value Per Share	0.75	0.81	0.57	0.36	0.19	0.08
Tangible Book Value	62.32	67.87	44.1	23.52	7.18	-4.03
Tangible Book Value Per Share	0.64	0.69	0.45	0.24	0.07	-0.04
Land	-	54.1	45.93	48.41	46.49	47.22
Machinery	-	78.53	71.63	71.71	70.79	69.88
Construction In Progress	-	16.23	7.92	7.22	11.49	11.63
Order Backlog	-	695	-	-	-	-

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