Merus Power Oyj 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	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	4.04	2.69	1.86	2.75	1.11
Short-Term Investments	1	0.28	0.76	2.54	8.97
Cash & Short-Term Investments	5.04	2.97	2.62	5.29	10.08
Cash Growth	69.63%	13.58%	-50.54%	-47.56%	483.11%
Accounts Receivable	3.96	4.07	3.1	4.49	1.53
Other Receivables	6.42	0.18	0.01	0.24	5.42
Receivables	10.38	4.25	3.11	4.73	6.95
Inventory	6.97	9.13	6.26	10.75	2.05
Other Current Assets	-	5.42	5.51	2.25	-0
Total Current Assets	22.39	21.77	17.49	23.03	19.08
Property, Plant & Equipment	1.68	0.24	0.16	0.16	0.11
Long-Term Investments	0	-	-	-	-
Other Intangible Assets	1.29	1.43	1.54	0.04	0.06
Long-Term Deferred Charges	3.45	3.24	2	1.31	1.07
Other Long-Term Assets	0.02	0.04	-	-	-0
Total Assets	28.83	26.71	21.19	24.53	20.31
Accounts Payable	5.74	9.09	2.73	5.32	2.01
Accrued Expenses	2.41	1.07	1.05	0.87	0.42
Short-Term Debt	2.38	0.82	2.21	1.38	1.07
Other Current Liabilities	2.19	5.09	1.16	1.44	1.83
Total Current Liabilities	12.72	16.08	7.15	9.01	5.33
Long-Term Debt	5.53	0.98	1.8	2.47	1.84
Other Long-Term Liabilities	0.19	0.12	0.14	0.17	0.14
Total Liabilities	18.43	17.18	9.1	11.64	7.31
Common Stock	0.27	0.27	0.27	0.27	0.27
Additional Paid-In Capital	-	17.6	17.5	17.5	-
Retained Earnings	-9.46	-8.33	-5.68	-4.88	-4.77
Comprehensive Income & Other	19.59	-	-0	-	17.5
Shareholders' Equity	10.4	9.53	12.09	12.89	13
Total Liabilities & Equity	28.83	26.71	21.19	24.53	20.31
Total Debt	7.91	1.8	4.02	3.84	2.91
Net Cash (Debt)	-2.87	1.17	-1.4	1.44	7.17
Net Cash Growth	-	-	-	-79.86%	-
Net Cash Per Share	-0.36	0.15	-0.18	0.19	1.10
Filing Date Shares Outstanding	8.22	7.67	7.64	7.64	7.64
Total Common Shares Outstanding	8.22	7.67	7.64	7.64	7.64
Working Capital	9.67	5.69	10.34	14.02	13.76
Book Value Per Share	1.27	1.24	1.58	1.69	1.70
Tangible Book Value	9.11	8.1	10.55	12.85	12.94
Tangible Book Value Per Share	1.11	1.06	1.38	1.68	1.69
Order Backlog	24.48	29.95	13.84	9.07	-

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