Lassila & Tikanoja Balance Sheet

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	37.4	1.9	2.4	2.6
Cash & Short-Term Investments	37.4	1.9	2.4	2.6
Cash Growth	1868.42%	-20.83%	-7.69%	-
Accounts Receivable	63.8	56.6	63.3	64.2
Other Receivables	4.1	1.8	1.8	28.9
Receivables	67.9	58.4	65.1	93.1
Inventory	9.9	9.2	7.7	7.7
Other Current Assets	-	0.1	-	-0.1
Total Current Assets	115.2	69.6	75.2	103.3
Property, Plant & Equipment	198.5	202.1	197.8	186
Long-Term Investments	19.3	19	17.7	14.1
Goodwill	125.7	118.8	118.2	118.2
Other Intangible Assets	36.5	14.4	14.7	16.5
Other Long-Term Assets	14.5	29.1	30.9	17.8
Total Assets	509.7	453	454.5	455.9
Accounts Payable	108	89.4	96.5	91.7
Short-Term Debt	-	11.6	1.4	6.9
Current Portion of Long-Term Debt	0.2	0.5	0.6	0.7
Current Portion of Leases	13.8	11.7	14.7	14.4
Current Income Taxes Payable	5.3	0.1	0.4	0.2
Other Current Liabilities	0.1	0.6	-	-
Total Current Liabilities	127.4	113.9	113.6	113.9
Long-Term Debt	125	0.3	0.8	1.4
Long-Term Leases	48.6	45.2	47.5	41.4
Pension & Post-Retirement Benefits	0.1	0.1	0.1	0.1
Long-Term Deferred Tax Liabilities	22.4	21.7	20.6	20.7
Other Long-Term Liabilities	13.4	19.7	20.5	20.6
Total Liabilities	336.9	200.9	203.1	198.1
Common Stock	0.1	-	251.8	258.3
Retained Earnings	173	-	-	-
Comprehensive Income & Other	-0.3	252.1	-0.4	-0.5
Shareholders' Equity	172.8	252.1	251.4	257.8
Total Liabilities & Equity	509.7	453	454.5	455.9
Total Debt	187.6	69.3	65	64.8
Net Cash (Debt)	-150.2	-67.4	-62.6	-62.2
Net Cash Per Share	-3.92	-1.76	-	-
Filing Date Shares Outstanding	38.21	38.21	-	-
Total Common Shares Outstanding	38.21	38.21	-	-
Working Capital	-12.2	-44.3	-38.4	-10.6
Book Value Per Share	4.52	6.60	-	-
Tangible Book Value	10.6	118.9	118.5	123.1
Tangible Book Value Per Share	0.28	3.11	-	-
Land	7.6	7.6	7.6	7.6
Buildings	135.7	131.7	125.2	120.6
Machinery	332.8	332.1	321.3	310.3

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