Pihlajalinna 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	30.7	30.91	24.52	13.13	4.26
Trading Asset Securities	-	-	0.17	5.11	-
Cash & Short-Term Investments	30.7	30.91	24.69	18.24	4.26
Cash Growth	-0.67%	25.18%	35.35%	328.49%	-68.01%
Accounts Receivable	55.1	50.37	56.52	60.62	85.12
Other Receivables	1.3	2.58	2.31	4.81	2.52
Receivables	56.4	52.95	58.83	65.43	87.64
Inventory	4	4.5	4.46	4.31	3.71
Prepaid Expenses	-	3.25	1.84	1.84	1.88
Other Current Assets	-	5.82	2.66	11.78	3.06
Total Current Assets	91.1	97.43	92.47	101.6	100.54
Property, Plant & Equipment	227.1	248.66	269.74	256.48	140.58
Long-Term Investments	1	0.19	1.76	3.24	1.48
Goodwill	253.8	254.88	251.77	251.03	188.91
Other Intangible Assets	14.8	4.71	7.1	9.38	4.41
Long-Term Accounts Receivable	-	3.32	3.66	-	-
Long-Term Deferred Tax Assets	8.1	7.75	14.6	17.32	5.48
Long-Term Deferred Charges	-	11.02	13.89	12.94	9.74
Other Long-Term Assets	2.2	2.22	2.52	9.64	5.93
Total Assets	598.1	630.17	657.5	661.64	457.07
Accounts Payable	88.7	24.08	27.05	41.67	52.57
Accrued Expenses	-	79.18	77.64	64.77	54.79
Current Portion of Long-Term Debt	3.3	1.82	2.3	1.39	1.28
Current Portion of Leases	30.5	31.05	30.75	28.34	18.39
Current Income Taxes Payable	1.1	0.8	0.12	0.03	3.28
Current Unearned Revenue	-	1.27	1.35	-	-
Other Current Liabilities	2	16.62	20.08	23.87	17.81
Total Current Liabilities	125.6	154.82	159.29	160.07	148.14
Long-Term Debt	103.1	113.7	144.34	167.83	91.45
Long-Term Leases	167	180.89	199.83	201.24	87.86
Long-Term Deferred Tax Liabilities	7.2	7.9	8.45	8.51	5.88
Other Long-Term Liabilities	2.6	3.91	1	1.11	1.13
Total Liabilities	405.5	461.22	512.91	538.75	334.46
Common Stock	0.1	0.08	0.08	0.08	0.08
Retained Earnings	53.6	33.01	8.76	3.29	2.5
Comprehensive Income & Other	136.9	137.63	139.2	120.61	116.52
Total Common Equity	190.6	170.72	148.04	123.98	119.1
Minority Interest	2	-1.77	-3.45	-1.09	3.51
Shareholders' Equity	192.6	168.95	144.59	122.89	122.61
Total Liabilities & Equity	598.1	630.17	657.5	661.64	457.07
Total Debt	303.9	327.46	377.22	398.79	198.98
Net Cash (Debt)	-273.2	-296.55	-352.53	-380.55	-194.72
Net Cash Per Share	-11.48	-13.17	-15.63	-16.87	-8.62
Filing Date Shares Outstanding	24.17	22.48	22.57	22.55	22.59
Total Common Shares Outstanding	24.17	22.48	22.57	22.55	22.59
Working Capital	-34.5	-57.39	-66.81	-58.47	-47.6
Book Value Per Share	7.89	6.70	5.67	5.50	5.27
Tangible Book Value	-78	-88.87	-110.83	-136.43	-74.22
Tangible Book Value Per Share	-3.23	-4.84	-5.80	-6.05	-3.28
Land	-	0.04	0.04	0.04	0.04
Buildings	-	3.12	3.12	3.03	3.03
Machinery	-	93.94	87.88	75.34	63.5
Construction In Progress	-	0.16	2.71	5.25	1.34

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