Valmet Oyj Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	584	535	482	432	277	517
Cash & Short-Term Investments	584	535	482	432	277	517
Cash Growth	20.41%	11.00%	11.57%	55.96%	-46.42%	88.69%
Accounts Receivable	1,116	1,096	1,206	1,448	1,319	924
Other Receivables	-	-	-	-	223	150
Total Trade Receivables	1,116	1,096	1,206	1,448	1,542	1,074
Inventory	897	884	903	1,049	934	662
Other Current Assets	393	338	352	367	134	108
Total Current Assets	2,989	2,852	2,944	3,296	2,887	2,363
Net Property, Plant & Equipment	725	740	726	698	600	468
Other Intangible Assets	1,000	1,040	1,127	1,142	1,030	274
Goodwill	1,804	1,800	1,808	1,735	1,611	730
Long-Term Investments	22	19	17	16	15	461
Other Long-Term Assets	192	183	210	177	129	124
Total Assets	6,733	6,634	6,832	7,064	6,271	4,420
Accounts Payable	460	500	460	520	442	374
Accrued Expenses	38	41	31	34	50	24
Short-Term Debt	344	132	115	103	155	222
Current Portion of Leases	47	48	50	43	35	22
Unearned Revenue	849	855	904	1,151	1,205	1,263
Other Current Liabilities	896	758	796	812	851	664
Total Current Liabilities	2,634	2,334	2,356	2,664	2,738	2,569
Long-Term Debt	1,063	1,153	1,272	1,240	555	195
Long-Term Leases	126	128	107	98	63	37
Other Long-Term Liabilities	410	429	482	491	416	287
Total Long-Term Liabilities	1,599	1,710	1,862	1,828	1,034	520
Total Liabilities	4,233	4,044	4,218	4,492	3,772	3,088
Common Stock	140	140	140	140	140	100
Additional Paid-in Capital	1,380	1,380	1,375	1,372	1,369	426
Accumulated Other Comprehensive Income	-62	-104	-46	-43	-12	-3
Retained Earnings	1,035	1,168	1,137	1,096	997	804
Total Common Shareholders' Equity	2,492	2,584	2,607	2,565	2,494	1,326
Minority Interest	7	6	7	6	5	6
Shareholders' Equity	2,499	2,590	2,614	2,572	2,499	1,332
Total Liabilities & Equity	6,733	6,634	6,832	7,064	6,271	4,420
Total Debt	1,580	1,461	1,544	1,484	808	476
Net Cash (Debt)	-996	-926	-1,062	-1,052	-531	41
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-5.41	-5.03	-5.77	-5.71	-3.02	0.27
Book Value	2,492	2,584	2,607	2,565	2,494	1,326
Book Value Per Share	13.53	14.03	14.16	13.93	14.20	8.87
Tangible Book Value	-312	-256	-328	-312	-147	322
Tangible Book Value Per Share	-1.69	-1.39	-1.78	-1.69	-0.84	2.15