Vastned 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
Property, Plant & Equipment	1,258	322.74	310.07	313.06	315.09	331
Cash & Equivalents	0.89	0.42	0.43	0.16	0.21	0.43
Accounts Receivable	8.6	2.16	2.22	2.33	1.91	0.57
Other Receivables	1.85	1.53	0.77	0.09	0.02	0.8
Investment In Debt and Equity Securities	0	0.08	0.03	2.05	-	-
Other Intangible Assets	-	0	0.04	0.09	0.14	0.18
Other Current Assets	3.62	1.86	1.87	0.31	0.37	0.52
Trading Asset Securities	0.63	-	0.47	0.15	-	-
Other Long-Term Assets	0.51	0.01	0	0	0	0
Total Assets	1,276	328.79	315.9	318.24	317.75	333.49
Current Portion of Long-Term Debt	115	0.01	-	15	-	0.5
Current Portion of Leases	0.25	0.13	0.19	0.18	0.17	0.16
Long-Term Debt	392.65	101.3	77.99	65.5	83.47	93.63
Long-Term Leases	0.67	0.63	0.39	0.53	0.67	0.8
Accounts Payable	6.63	0.03	0.22	0.04	0.05	0.02
Accrued Expenses	-	1.26	0.86	0.74	0.81	0.94
Current Unearned Revenue	19.26	2.52	2.49	2.49	2.34	0.51
Other Current Liabilities	0.91	2.02	1.27	1.34	1.14	1.14
Long-Term Deferred Tax Liabilities	28.38	1.46	0.33	0.27	0.19	0.2
Other Long-Term Liabilities	9.79	0.17	0.15	0.12	0.18	0.18
Total Liabilities	573.55	109.62	84.01	86.21	89.03	98.46
Common Stock	191	97.21	97.21	97.21	97.21	97.21
Additional Paid-In Capital	472.74	4.18	4.18	4.18	4.18	4.18
Retained Earnings	26.2	20.19	18.24	19.73	7.51	-7.06
Comprehensive Income & Other	12.3	97.59	112.26	110.9	119.81	140.7
Total Common Equity	702.24	219.18	231.89	232.03	228.71	235.03
Shareholders' Equity	702.24	219.18	231.89	232.03	228.71	235.03
Total Liabilities & Equity	1,276	328.79	315.9	318.24	317.75	333.49
Total Debt	508.57	102.16	78.7	81.22	84.32	95.49
Net Cash (Debt)	-507.06	-101.74	-77.8	-80.9	-84.11	-95.06
Net Cash Per Share	-47.77	-20.03	-15.32	-15.93	-16.56	-18.72
Filing Date Shares Outstanding	16.15	16.14	5.08	5.08	5.08	5.08
Total Common Shares Outstanding	16.15	5.08	5.08	5.08	5.08	5.08
Book Value Per Share	43.48	43.16	45.66	45.69	45.04	46.28
Tangible Book Value	702.24	219.17	231.85	231.94	228.58	234.85
Tangible Book Value Per Share	43.48	43.16	45.65	45.67	45.01	46.24

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