Novem Group Balance Sheet

Financials in millions EUR. Fiscal year is April - March.

Millions EUR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	169.9	150.1	141.51	165.47	116.97	175.3
Cash & Short-Term Investments	169.9	150.1	141.51	165.47	116.97	175.3
Cash Growth	30.29%	6.07%	-14.48%	41.47%	-33.28%	-10.64%
Accounts Receivable	27	49.44	56.26	62.18	49.52	64.99
Other Receivables	14.3	27.95	29.48	37.68	28.17	26.95
Receivables	41.3	77.39	85.74	99.86	77.69	91.94
Inventory	96	95.29	99.44	116.31	129.39	95.47
Prepaid Expenses	-	1.21	0.76	0.8	0.29	0.36
Other Current Assets	12.5	2.18	4.44	3.09	2.7	3.34
Total Current Assets	319.7	326.16	331.89	385.52	327.04	366.4
Property, Plant & Equipment	155.8	164.63	186.19	178.11	177.09	180.91
Other Intangible Assets	2.6	2.86	2.3	2.43	3.1	3.62
Long-Term Accounts Receivable	39.3	47.1	49.79	46.33	47.54	49.65
Long-Term Deferred Tax Assets	5.1	5.27	10.59	8.33	18.85	8.97
Long-Term Deferred Charges	-	-	-	-	-	0.21
Other Long-Term Assets	19.8	22.05	21.37	17.29	20.43	20.19
Total Assets	542.3	568.07	602.12	638.01	594.05	629.95
Accounts Payable	24	49.06	45.45	60.6	70.38	61.85
Accrued Expenses	-	8.54	13.49	14.3	10.87	11.63
Current Portion of Long-Term Debt	250.7	0.98	1.17	1.15	1.4	3.38
Current Portion of Leases	0.7	6.5	7.3	7.94	7.86	6.84
Current Income Taxes Payable	2.4	1.06	7.59	19.06	13.81	14.89
Current Unearned Revenue	-	13.19	21.11	31.56	23.1	15.49
Other Current Liabilities	98.3	68.84	79.36	85.59	79.86	87.03
Total Current Liabilities	376.1	148.17	175.46	220.19	207.28	201.1
Long-Term Debt	-	249.29	248.75	248.22	247.69	856.4
Long-Term Leases	39.1	41.56	49.23	31.14	27	29.27
Pension & Post-Retirement Benefits	26.6	26.32	28.74	27.04	34.87	34.64
Long-Term Deferred Tax Liabilities	2.9	1.72	1.35	0.65	3.64	3.65
Other Long-Term Liabilities	3.1	7.08	8.69	3.5	5.92	9.97
Total Liabilities	447.8	474.13	512.23	530.75	526.39	1,135
Common Stock	0.4	0.43	0.43	0.43	0.43	0.06
Retained Earnings	-429.2	-446.51	-459.22	-443.41	-482.83	-528.29
Comprehensive Income & Other	523.3	540.03	548.68	550.24	550.05	23.14
Shareholders' Equity	94.5	93.94	89.89	107.26	67.66	-505.09
Total Liabilities & Equity	542.3	568.07	602.12	638.01	594.05	629.95
Total Debt	290.5	298.34	306.44	288.46	283.95	895.89
Net Cash (Debt)	-120.6	-148.24	-164.93	-122.98	-166.99	-720.59
Net Cash Per Share	-2.73	-3.45	-3.83	-2.86	-3.96	-362.70
Filing Date Shares Outstanding	50	43.03	43.03	43.03	43.03	43.03
Total Common Shares Outstanding	50	43.03	43.03	43.03	43.03	0.06
Working Capital	-56.4	177.99	156.43	165.33	119.76	165.3
Book Value Per Share	1.89	2.18	2.09	2.49	1.57	-8081.46
Tangible Book Value	91.9	91.08	87.59	104.83	64.56	-508.71
Tangible Book Value Per Share	1.84	2.12	2.04	2.44	1.50	-8139.34
Land	-	172.22	179.29	156.22	146.37	137.02
Machinery	-	351.93	340.67	348.2	338.08	321.41

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.