Clarkson Balance Sheet

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

Millions GBP. 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	401.1	431.3	398.9	384.4	261.6
Short-Term Investments	70.4	62	39.9	3.1	9.6
Trading Asset Securities	-	0.2	0.2	0.4	0.7
Cash & Short-Term Investments	471.5	493.5	439	387.9	271.9
Cash Growth	-4.46%	12.41%	13.17%	42.66%	32.96%
Accounts Receivable	201.2	113.4	125.8	130.7	103
Other Receivables	6.5	11.5	12.6	13.3	8.6
Receivables	207.7	124.9	138.4	144	111.6
Inventory	4.5	4.3	3.3	2.4	1.5
Prepaid Expenses	-	9	9.5	9	5.5
Other Current Assets	-	1.1	0.8	0.1	1.3
Total Current Assets	683.7	632.8	591	543.4	391.8
Property, Plant & Equipment	78	60.5	64.4	64.8	67.6
Long-Term Investments	3.9	1.9	1.3	1.2	1
Goodwill	-	156.1	164.5	171.6	165.9
Other Intangible Assets	177.4	4.6	3.5	2.2	0.2
Long-Term Deferred Tax Assets	16.9	18.1	16.8	14.6	10.5
Long-Term Deferred Charges	-	11.9	14.9	15.1	17.1
Other Long-Term Assets	18.6	14.4	19.2	19.4	28
Total Assets	978.5	900.3	875.6	832.3	682.1
Accounts Payable	354	18.8	34.4	50	39.4
Accrued Expenses	-	285.9	273.5	262.2	179.5
Current Portion of Leases	9.9	10.6	10.4	9.9	9.7
Current Income Taxes Payable	19.4	20.7	20.9	19.8	11.6
Current Unearned Revenue	-	12.5	11.5	9.5	8.2
Other Current Liabilities	0.8	10.2	20.6	14.8	8.9
Total Current Liabilities	384.1	358.7	371.3	366.2	257.3
Long-Term Leases	46.1	27.5	32.8	37.7	44.1
Pension & Post-Retirement Benefits	-	0.1	0.4	0.4	3.8
Long-Term Deferred Tax Liabilities	10.6	7.9	9.4	7.1	11
Other Long-Term Liabilities	9.9	10.4	5.1	7.7	4.3
Total Liabilities	450.7	404.6	419	419.1	320.5
Common Stock	7.7	7.7	7.7	7.7	7.6
Additional Paid-In Capital	-	39.6	38.4	36.5	33.9
Retained Earnings	425.6	395.3	340	287.2	245.3
Comprehensive Income & Other	91.8	49.4	66.5	78.3	70.1
Total Common Equity	525.1	492	452.6	409.7	356.9
Minority Interest	2.7	3.7	4	3.5	4.7
Shareholders' Equity	527.8	495.7	456.6	413.2	361.6
Total Liabilities & Equity	978.5	900.3	875.6	832.3	682.1
Total Debt	56	38.1	43.2	47.6	53.8
Net Cash (Debt)	415.5	455.4	395.8	340.3	218.1
Net Cash Growth	-8.76%	15.06%	16.31%	56.03%	47.07%
Net Cash Per Share	13.45	14.74	12.89	11.08	7.10
Filing Date Shares Outstanding	30.8	30.71	30.73	30.62	30.47
Total Common Shares Outstanding	30.8	30.71	30.73	30.62	30.47
Working Capital	299.6	274.1	219.7	177.2	134.5
Book Value Per Share	17.05	16.02	14.73	13.38	11.71
Tangible Book Value	347.7	331.3	284.6	235.9	190.8
Tangible Book Value Per Share	11.29	10.79	9.26	7.70	6.26
Machinery	-	32.5	32.3	28.4	24.7
Leasehold Improvements	-	22	21.7	20.6	18.7
Order Backlog	181.29	184.52	170.36	179.27	121.86

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