Global Fashion Group 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	141.3	210.6	225.9	323.5	400.5	366.1
Trading Asset Securities	-	-	161.1	226.5	234	-
Cash & Short-Term Investments	141.3	210.6	387	550	634.5	366.1
Cash Growth	-54.03%	-45.58%	-29.64%	-13.32%	73.31%	32.02%
Accounts Receivable	29.6	53.2	42.8	42.8	58.3	83.5
Other Receivables	3.3	24.4	22.7	25.7	33.1	27.5
Receivables	32.9	77.6	65.5	68.9	91.8	111.8
Inventory	95.4	96.4	110.5	170.2	283.7	195.9
Prepaid Expenses	-	9.1	8.5	11.9	19.5	20.1
Other Current Assets	23.6	6	6.3	7	8.7	10.7
Total Current Assets	303.3	399.7	577.8	808	1,038	704.6
Property, Plant & Equipment	66.9	78.8	108.9	131.1	222.8	193.4
Goodwill	50.6	54.3	56.1	95.7	127.5	147.6
Other Intangible Assets	60.9	71.7	79.4	99.9	126.7	120.3
Long-Term Deferred Tax Assets	-	-	-	2.8	8	-
Other Long-Term Assets	32.9	33	39.8	36.4	21.5	7.2
Total Assets	514.6	637.5	862	1,174	1,545	1,173
Accounts Payable	162.1	183.1	169.5	181.9	285.5	252.1
Accrued Expenses	-	30.3	28.2	68.5	57.8	45.2
Current Portion of Long-Term Debt	51.5	6.3	17.4	25.2	33.4	10.2
Current Portion of Leases	13.6	16.1	18.1	17.9	25.2	19.5
Current Income Taxes Payable	13.2	15.2	20.8	18.3	21.3	31.1
Current Unearned Revenue	-	22.9	26.5	35.6	38	34.9
Other Current Liabilities	44.8	30	36.3	39.2	61.8	55.9
Total Current Liabilities	285.2	303.9	316.8	386.6	523	448.9
Long-Term Debt	-	48.6	160.3	243.8	330.6	-
Long-Term Leases	27.4	32	43.6	56.1	108	94.2
Long-Term Deferred Tax Liabilities	4.7	5.7	4.4	5	5.3	7.5
Other Long-Term Liabilities	36.1	36.1	41.2	3.6	4.5	3.1
Total Liabilities	353.4	426.3	566.3	695.1	971.4	553.7
Common Stock	2.3	2.3	2.2	2.2	2.2	2.1
Additional Paid-In Capital	303.6	303.6	303.6	303.6	303.6	303.6
Retained Earnings	-2,459	-2,406	-2,323	-2,143	-1,946	-1,823
Treasury Stock	-7.5	-7.5	-7.5	-7.5	-7.5	-7.5
Comprehensive Income & Other	2,325	2,322	2,320	2,320	2,217	2,140
Total Common Equity	164.6	213.7	295.4	475.5	569.7	615.2
Minority Interest	-3.4	-2.5	0.3	3.3	3.6	4.2
Shareholders' Equity	161.2	211.2	295.7	478.8	573.3	619.4
Total Liabilities & Equity	514.6	637.5	862	1,174	1,545	1,173
Total Debt	92.5	103	239.4	343	497.2	123.9
Net Cash (Debt)	48.8	107.6	147.6	207	137.3	242.2
Net Cash Growth	-44.98%	-27.10%	-28.70%	50.77%	-43.31%	46.08%
Net Cash Per Share	0.22	0.48	0.66	0.94	0.64	1.22
Filing Date Shares Outstanding	225.6	225.36	223.51	220.01	217.11	213.65
Total Common Shares Outstanding	225.6	225.36	223.51	220.01	217.11	213.65
Working Capital	18.1	95.8	261	421.4	515.2	255.7
Book Value Per Share	0.73	0.95	1.32	2.16	2.62	2.88
Tangible Book Value	53.1	87.7	159.9	279.9	315.5	347.3
Tangible Book Value Per Share	0.24	0.39	0.72	1.27	1.45	1.63
Buildings	-	100.4	110.6	108.5	157.6	144.6
Construction In Progress	-	0.6	2.1	4	16.2	2
Leasehold Improvements	-	7.4	6.5	6.5	-	-

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