Ceres Power Holdings 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	35.84	47.49	49.71	71.78	151.46
Short-Term Investments	47.44	54.97	90.25	110.54	93.13
Cash & Short-Term Investments	83.27	102.47	139.96	182.32	244.58
Cash Growth	-18.73%	-26.79%	-23.24%	-25.46%	139.35%
Accounts Receivable	15.08	17.21	5	12.23	9.62
Other Receivables	5.59	8.01	7.23	12.81	5.28
Receivables	20.67	25.22	12.22	25.04	14.9
Inventory	3.2	2.76	2.83	5.71	3.15
Prepaid Expenses	1.45	1.43	1.19	0.87	0.67
Other Current Assets	-	0.88	0.01	0.05	1.39
Total Current Assets	108.6	132.75	156.2	213.99	264.69
Property, Plant & Equipment	20.26	25.42	28.02	29.03	20.58
Long-Term Investments	-	2.22	2.35	2.46	5.5
Other Intangible Assets	16.2	19.97	19.05	13.28	8.48
Other Long-Term Assets	0.74	0.74	0.74	0.74	0.74
Total Assets	145.8	181.1	206.37	259.51	299.99
Accounts Payable	1.35	2.01	3.62	4.8	2.43
Accrued Expenses	3.91	6.58	5.93	6.03	4.8
Current Portion of Leases	0.83	0.73	0.69	0.61	0.75
Current Unearned Revenue	23.53	10.93	7.84	7.61	5.31
Other Current Liabilities	3.6	1.97	2.11	1.07	1.94
Total Current Liabilities	33.22	22.22	20.19	20.11	15.22
Long-Term Leases	1.58	1.49	1.9	2.51	2.29
Long-Term Unearned Revenue	-	1.22	1.36	1.01	-
Other Long-Term Liabilities	3.35	2.34	2.28	2.11	1.83
Total Liabilities	38.15	27.27	25.74	25.74	19.34
Common Stock	19.47	19.37	19.3	19.21	19.07
Additional Paid-In Capital	406.65	406.65	406.18	405.46	404.73
Retained Earnings	-329.39	-283.1	-255.76	-201.82	-154.06
Comprehensive Income & Other	10.91	10.91	10.91	10.91	10.91
Shareholders' Equity	107.65	153.83	180.64	233.77	280.66
Total Liabilities & Equity	145.8	181.1	206.37	259.51	299.99
Total Debt	2.41	2.22	2.6	3.12	3.04
Net Cash (Debt)	80.86	100.24	137.36	179.2	241.55
Net Cash Growth	-19.33%	-27.02%	-23.35%	-25.81%	147.13%
Net Cash Per Share	0.42	0.52	0.71	0.94	1.30
Filing Date Shares Outstanding	194.69	193.77	192.97	192.32	190.73
Total Common Shares Outstanding	194.69	193.7	192.97	192.09	190.73
Working Capital	75.37	110.54	136.01	193.88	249.47
Book Value Per Share	0.55	0.79	0.94	1.22	1.47
Tangible Book Value	91.44	133.86	161.58	220.49	272.18
Tangible Book Value Per Share	0.47	0.69	0.84	1.15	1.43
Machinery	38.34	37.95	33.75	28.44	28.43
Construction In Progress	4.97	5.85	6.43	7.08	1.98
Leasehold Improvements	9.51	9.13	8.81	7.13	7.41
Order Backlog	-	-	-	-	78.7

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