The Gym Group 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	3	3	1.5	5.4	7.3
Cash & Short-Term Investments	3	3	1.5	5.4	7.3
Cash Growth	-	100.00%	-72.22%	-26.03%	97.30%
Accounts Receivable	1	0.7	1.7	0.6	0.8
Other Receivables	0.2	0.3	0.2	0.7	1.5
Receivables	1.2	1	1.9	1.3	2.3
Inventory	0.6	0.7	0.7	0.9	0.3
Prepaid Expenses	8.7	7.8	8.9	7.6	4.9
Total Current Assets	13.5	12.5	13	15.2	14.8
Property, Plant & Equipment	487.5	461.7	449.8	470.4	446.8
Long-Term Investments	1	1	1	1	1
Goodwill	81.8	81.8	81.8	81.8	77.7
Other Intangible Assets	13.9	10.4	9.6	10.9	8.3
Long-Term Deferred Tax Assets	18.2	18.2	16.3	16.3	16.1
Total Assets	615.9	585.6	571.5	595.6	564.7
Accounts Payable	11	9.4	6.7	8	2.3
Accrued Expenses	33	24.1	22.3	19.6	19.5
Current Portion of Leases	26.7	27.6	28.6	25.3	27
Current Unearned Revenue	17.6	15.8	14.4	11	8.4
Other Current Liabilities	0.6	0.7	0.3	0.8	0.2
Total Current Liabilities	88.9	77.6	72.3	64.7	57.4
Long-Term Debt	62.2	61.3	58.9	70	44.3
Long-Term Leases	320.8	312.9	310.6	325.1	309.3
Other Long-Term Liabilities	2.3	2.2	1.7	1.8	1.6
Total Liabilities	474.2	454	443.5	461.6	412.6
Common Stock	0.1	0.1	0.1	0.1	-
Additional Paid-In Capital	190.1	189.9	189.8	189.8	189.7
Retained Earnings	-83.8	-95.3	-101.8	-95.8	-77.5
Treasury Stock	-4.6	-3	-	-	-
Comprehensive Income & Other	39.9	39.9	39.9	39.9	39.9
Shareholders' Equity	141.7	131.6	128	134	152.1
Total Liabilities & Equity	615.9	585.6	571.5	595.6	564.7
Total Debt	409.7	401.8	398.1	420.4	380.6
Net Cash (Debt)	-406.7	-398.8	-396.6	-415	-373.3
Net Cash Per Share	-2.19	-2.16	-2.22	-2.34	-2.18
Filing Date Shares Outstanding	178.94	178.66	178.14	178.04	177.52
Total Common Shares Outstanding	178.94	178.66	178.14	178.04	177.52
Working Capital	-75.4	-65.1	-59.3	-49.5	-42.6
Book Value Per Share	0.79	0.74	0.72	0.75	0.86
Tangible Book Value	46	39.4	36.6	41.3	66.1
Tangible Book Value Per Share	0.26	0.22	0.21	0.23	0.37
Machinery	119	112.1	112.5	107.2	102.4
Construction In Progress	1.2	0.9	1.8	2.3	2.1
Leasehold Improvements	304	273.5	251.2	240.8	208.7

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