Cadogan Energy Solutions Balance Sheet

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

Millions USD. 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	13.62	14.38	14.16	13.93	15.01
Cash & Short-Term Investments	13.62	14.38	14.16	13.93	15.01
Cash Growth	-5.29%	1.60%	1.59%	-7.17%	13.26%
Accounts Receivable	0.04	-0.01	0.02	0.14	0.04
Other Receivables	0.35	0.1	0.21	0.12	0.09
Receivables	0.39	10.49	17.3	16.08	16.85
Inventory	0.24	0.52	0.36	0.3	0.18
Prepaid Expenses	0.47	0.26	0.08	0.06	0.09
Total Current Assets	14.72	25.64	31.9	30.37	32.13
Property, Plant & Equipment	13.14	5.49	6.01	6.74	9.8
Other Intangible Assets	0.5	-	-	-	-
Long-Term Deferred Tax Assets	-	-	0.37	0.32	0.43
Other Long-Term Assets	7.35	-	-	-	-
Total Assets	35.7	31.13	38.29	37.43	42.36
Accounts Payable	0.09	0.09	0.14	0.57	0.48
Accrued Expenses	0.98	1.45	1.04	0.78	0.88
Current Portion of Long-Term Debt	1.23	-	-	-	-
Current Portion of Leases	0.11	0.1	0.09	0.08	0.1
Other Current Liabilities	0.42	0.25	0.32	0.19	0.11
Total Current Liabilities	2.83	1.88	1.58	1.62	1.58
Long-Term Debt	4.62	-	-	-	-
Long-Term Leases	0.01	0.08	0.15	0.03	0.1
Other Long-Term Liabilities	0.15	0.11	0.11	0.26	0.3
Total Liabilities	7.61	2.06	1.85	1.91	1.99
Common Stock	14.09	13.83	13.83	13.83	13.83
Additional Paid-In Capital	0.51	0.51	0.51	0.51	0.51
Retained Earnings	178.44	179.57	185.8	184.33	185.89
Comprehensive Income & Other	-164.95	-164.85	-163.71	-163.39	-160.1
Total Common Equity	28.1	29.07	36.44	35.29	40.14
Minority Interest	-0	-	-	0.24	0.24
Shareholders' Equity	28.09	29.07	36.44	35.53	40.37
Total Liabilities & Equity	35.7	31.13	38.29	37.43	42.36
Total Debt	5.97	0.17	0.24	0.11	0.21
Net Cash (Debt)	7.65	14.21	13.92	13.83	14.81
Net Cash Growth	-46.14%	2.07%	0.67%	-6.61%	14.23%
Net Cash Per Share	0.03	0.06	0.06	0.06	0.06
Filing Date Shares Outstanding	251.13	244.13	244.13	244.13	244.13
Total Common Shares Outstanding	251.13	244.13	244.13	244.13	244.13
Working Capital	11.89	23.76	30.32	28.76	30.55
Book Value Per Share	0.11	0.12	0.15	0.14	0.16
Tangible Book Value	27.6	29.07	36.44	35.29	40.14
Tangible Book Value Per Share	0.11	0.12	0.15	0.14	0.16
Construction In Progress	9.02	0.68	-	-	-

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