Talgo 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	116.9	93.29	155.76	239.39	252.98	228.3
Short-Term Investments	-	0.08	0.03	0.03	0.06	10.08
Trading Asset Securities	-	-	0.02	-	-	-
Cash & Short-Term Investments	116.9	93.37	155.81	239.42	253.04	238.38
Cash Growth	4.55%	-40.07%	-34.92%	-5.38%	6.15%	-28.97%
Accounts Receivable	612.03	620.77	450.22	398.08	346	241.04
Other Receivables	37.04	31.39	41.64	39.94	35.09	21.09
Receivables	649.06	652.16	491.86	438.07	381.15	262.18
Inventory	235.28	219.98	191.67	189.52	133.22	145.34
Other Current Assets	0.16	0.03	0.32	1.88	1.22	-
Total Current Assets	1,001	965.55	839.66	868.88	768.63	645.9
Property, Plant & Equipment	52.95	51.76	50.04	54.55	55.17	56.37
Long-Term Investments	0.01	0.01	0.01	0.03	0.03	0.03
Goodwill	112.44	112.44	112.44	112.44	112.44	112.44
Other Intangible Assets	6.09	7.44	10.27	10.65	11.43	13.51
Long-Term Deferred Tax Assets	21.36	22.77	23.97	23.07	27.13	28.19
Long-Term Deferred Charges	70.55	80.15	45.15	7.02	8.08	7.63
Other Long-Term Assets	51.01	30.34	33.58	57.48	47.88	38.05
Total Assets	1,316	1,271	1,116	1,135	1,031	902.87
Accounts Payable	231.62	248.12	244.65	254.12	184.22	197.96
Accrued Expenses	9.39	20.91	29.06	19.22	26.15	15.85
Short-Term Debt	83.09	84.38	-	-	-	-
Current Portion of Long-Term Debt	251.46	70.67	114.24	108.62	39.29	44.58
Current Portion of Leases	1.58	2.1	1.95	2.47	2.07	3.42
Current Income Taxes Payable	0.04	0.09	0.15	-	0.43	0.25
Current Unearned Revenue	124.67	77.05	16.35	136.88	146.74	51.33
Other Current Liabilities	7.64	10.02	8.83	1.93	2.2	2.65
Total Current Liabilities	709.49	513.34	415.23	523.25	401.09	316.04
Long-Term Debt	290.71	376.38	336.57	261.56	273.99	261.57
Long-Term Leases	7.27	5.24	1.21	2.92	2.66	3.44
Long-Term Unearned Revenue	6.08	6.72	3.63	2.9	3.15	2.21
Long-Term Deferred Tax Liabilities	8.39	8.39	8.41	8.85	8.71	8.42
Other Long-Term Liabilities	179.37	181.89	62.44	50.21	50.99	53.52
Total Liabilities	1,201	1,092	827.48	849.69	740.59	645.2
Common Stock	37.28	37.28	38.04	37.16	37.16	38.23
Additional Paid-In Capital	0.87	0.87	0.87	0.87	0.87	0.87
Retained Earnings	71.74	135.38	250.02	243.56	249.48	240.14
Treasury Stock	-	-4.9	-13.92	-4.81	-3.25	-23.05
Comprehensive Income & Other	-2.27	1.98	2.99	4.41	2.75	1.48
Total Common Equity	107.62	170.61	278	281.18	287.01	257.67
Minority Interest	6.89	8.53	10.29	3.9	3.89	-
Shareholders' Equity	114.51	179.14	288.29	285.08	290.9	257.67
Total Liabilities & Equity	1,316	1,271	1,116	1,135	1,031	902.87
Total Debt	634.12	538.77	453.96	375.58	318.01	313
Net Cash (Debt)	-517.22	-445.39	-298.15	-136.16	-64.97	-74.62
Net Cash Per Share	-4.21	-3.62	-2.40	-1.12	-0.53	-0.60
Filing Date Shares Outstanding	122.9	122.9	123.12	122.51	122.89	122.92
Total Common Shares Outstanding	122.9	122.9	123.12	122.51	122.89	122.92
Working Capital	291.92	452.21	424.43	345.64	367.53	329.86
Book Value Per Share	0.88	1.39	2.26	2.30	2.34	2.10
Tangible Book Value	-10.91	50.72	155.28	158.09	163.14	131.72
Tangible Book Value Per Share	-0.09	0.41	1.26	1.29	1.33	1.07
Land	9.89	9.89	9.89	9.89	9.89	9.89
Buildings	48.45	48.45	48.22	48.21	48.45	48.32
Machinery	39.84	40.15	39.07	97.09	92.6	89.49
Order Backlog	-	4,173	4,223	2,748	3,249	3,184

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