Solvay 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	410	539	584	932	941	1,002
Short-Term Investments	16	82	172	1,134	1,551	249
Cash & Short-Term Investments	426	621	756	2,066	2,492	1,251
Cash Growth	-27.67%	-17.86%	-63.41%	-17.09%	99.20%	14.56%
Accounts Receivable	703	826	840	2,026	1,805	1,264
Other Receivables	467	322	394	585	532	400
Receivables	1,170	1,151	1,239	2,654	2,365	1,664
Inventory	578	623	642	2,109	1,745	1,241
Prepaid Expenses	-	23	36	31	38	28
Other Current Assets	27	33	41	150	193	300
Total Current Assets	2,201	2,451	2,714	7,010	6,833	4,484
Property, Plant & Equipment	2,345	2,414	2,411	5,785	5,409	5,122
Long-Term Investments	298	308	351	946	823	603
Goodwill	782	782	764	3,472	3,379	3,265
Other Intangible Assets	195	162	148	1,748	1,819	1,850
Long-Term Deferred Tax Assets	312	301	317	932	779	788
Long-Term Deferred Charges	-	55	53	300	284	291
Other Long-Term Assets	-	-	-2	1	-1	-1
Total Assets	6,326	6,694	7,022	20,660	20,049	16,792
Accounts Payable	691	810	850	2,296	2,131	1,197
Accrued Expenses	-	347	323	621	533	451
Current Portion of Long-Term Debt	161	85	148	399	676	195
Current Portion of Leases	-	70	63	111	97	92
Current Income Taxes Payable	42	43	68	119	115	113
Other Current Liabilities	664	533	740	1,339	1,979	727
Total Current Liabilities	1,558	1,888	2,192	4,885	5,531	2,775
Long-Term Debt	2,047	1,747	1,738	2,037	2,168	2,892
Long-Term Leases	-	236	243	413	408	341
Pension & Post-Retirement Benefits	661	674	793	1,057	1,574	2,209
Long-Term Deferred Tax Liabilities	143	136	131	558	462	487
Other Long-Term Liabilities	652	609	619	1,046	1,054	785
Total Liabilities	5,061	5,290	5,716	9,996	11,197	9,489
Common Stock	237	237	237	1,588	1,588	1,588
Additional Paid-In Capital	174	174	174	1,170	1,170	1,170
Retained Earnings	-	1,713	1,683	6,854	5,468	4,985
Treasury Stock	-	-44	-15	-225	-232	-286
Comprehensive Income & Other	793	-741	-815	1,216	746	-260
Total Common Equity	1,204	1,339	1,264	10,603	8,740	7,197
Minority Interest	61	65	42	61	112	106
Shareholders' Equity	1,265	1,404	1,306	10,664	8,852	7,303
Total Liabilities & Equity	6,326	6,694	7,022	20,660	20,049	16,792
Total Debt	2,208	2,138	2,192	2,960	3,349	3,520
Net Cash (Debt)	-1,782	-1,517	-1,436	-894	-857	-2,269
Net Cash Per Share	-16.86	-14.30	-13.79	-8.58	-8.26	-22.00
Filing Date Shares Outstanding	104.47	104.47	105.01	103.77	103.64	103.16
Total Common Shares Outstanding	104.47	104.47	105.01	103.77	103.64	103.16
Working Capital	643	563	522	2,125	1,302	1,709
Book Value Per Share	11.52	12.82	12.04	84.97	67.10	52.45
Tangible Book Value	227	395	352	5,383	3,542	2,082
Tangible Book Value Per Share	2.17	3.78	3.35	34.66	16.94	2.87
Land	-	1,640	1,593	3,021	2,941	2,819
Machinery	-	5,490	5,378	10,648	10,187	9,699
Construction In Progress	-	536	483	1,033	688	405

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