Valartis Group AG Balance Sheet

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

Millions CHF. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	10.52	15.06	2.6	8.28	7.49	10.02
Short-Term Investments	17.99	14.18	18.5	22.42	-	-
Trading Asset Securities	9.65	11.5	11.79	8.61	14.27	15.85
Cash & Short-Term Investments	38.16	40.74	32.89	39.31	21.76	25.87
Cash Growth	4.73%	23.87%	-16.33%	80.63%	-15.90%	-29.62%
Other Receivables	1.34	1.56	2.03	1.66	3.17	25.57
Receivables	1.34	1.56	2.03	1.66	3.17	25.57
Other Current Assets	-	11.18	5.28	4.24	5.59	5.14
Total Current Assets	39.5	53.48	40.19	45.21	30.52	56.59
Property, Plant & Equipment	0.94	1.1	1.26	1.24	1.29	1.13
Long-Term Investments	47.1	41.99	46.88	68.15	83.19	74.78
Goodwill	1.39	1.13	1.28	1.73	1.67	1.61
Other Intangible Assets	-	0.01	0.01	0.02	0.01	0.02
Long-Term Deferred Tax Assets	0.35	0.4	-	-	-	-
Other Long-Term Assets	38.6	31.57	38.09	89.01	56.69	38.59
Total Assets	140.08	139.17	137.81	205.36	173.37	172.71
Accounts Payable	0.57	0.66	0.91	0.48	0.62	0.64
Accrued Expenses	-	4	3.53	4.02	4.28	4.19
Short-Term Debt	16.71	16.38	15.51	15.88	7.04	7.05
Current Portion of Long-Term Debt	-	-	-	-	0.4	0.4
Current Income Taxes Payable	0.12	0.14	0.16	0.15	0.62	0.77
Other Current Liabilities	18.32	24.11	0.2	0.1	3.11	11.58
Total Current Liabilities	35.72	45.29	20.31	20.63	16.07	24.63
Long-Term Debt	-	-	-	54.3	23.9	12.4
Long-Term Leases	1.94	1.85	2.22	2.46	2.44	2.25
Pension & Post-Retirement Benefits	0.67	0.84	0.53	0.14	1.11	1.8
Long-Term Deferred Tax Liabilities	-	-	0.24	0.36	0.66	0.39
Other Long-Term Liabilities	0.16	0.21	22.25	0.36	11.91	23.86
Total Liabilities	38.48	48.19	45.54	78.25	56.09	65.34
Common Stock	3.02	3.02	3.13	4.3	4.3	4.3
Retained Earnings	113.69	110.96	95.02	109.05	100.91	96.12
Treasury Stock	-2.95	-2.95	-5.46	-4.54	-5.58	-6.53
Comprehensive Income & Other	-11.57	-19.43	-11.06	2.98	2.67	-0.51
Total Common Equity	102.19	91.61	81.64	111.78	102.29	93.38
Minority Interest	-0.6	-0.62	10.64	15.32	15	13.99
Shareholders' Equity	101.59	90.99	92.27	127.1	117.28	107.37
Total Liabilities & Equity	140.08	139.17	137.81	205.36	173.37	172.71
Total Debt	18.65	18.23	17.73	72.64	33.78	22.1
Net Cash (Debt)	19.51	22.51	15.16	-33.33	-12.02	3.77
Net Cash Growth	-	48.52%	-	-	-	-68.78%
Net Cash Per Share	6.96	8.12	4.60	-8.44	-3.08	0.98
Filing Date Shares Outstanding	2.84	2.84	2.77	4.01	3.95	3.9
Total Common Shares Outstanding	2.84	2.84	2.77	4.01	3.95	3.9
Working Capital	3.78	8.19	19.89	24.58	14.45	31.95
Book Value Per Share	36.03	32.30	29.50	27.87	25.93	23.94
Tangible Book Value	100.8	90.47	80.35	110.03	100.61	91.76
Tangible Book Value Per Share	35.54	31.90	29.03	27.43	25.50	23.52
Machinery	-	0.34	0.36	0.42	0.41	0.4

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.