Mears Group Balance Sheet

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

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	70.47	48.48	91.4	138.76	98.14	54.63
Short-Term Investments	-	-	-	7.09	1.96	-
Cash & Short-Term Investments	70.47	48.48	91.4	145.85	100.1	54.63
Cash Growth	45.36%	-46.96%	-37.33%	45.70%	83.23%	-43.22%
Accounts Receivable	168.67	122.61	105.28	102.93	106.28	126.25
Other Receivables	0.73	6.5	4.04	4.06	7.97	7.16
Receivables	169.4	129.12	109.32	106.99	114.25	133.41
Inventory	0.89	0.82	1.17	1.46	6.88	22.87
Prepaid Expenses	-	26.1	24.47	18.93	13.26	9.28
Other Current Assets	-	18.38	0.15	0.77	1.28	7.77
Total Current Assets	240.76	222.9	226.51	274	235.77	227.96
Property, Plant & Equipment	327.84	341.23	311.01	272.18	233.62	225.66
Long-Term Investments	3.88	3.79	2.27	0.62	1.27	0.71
Goodwill	118.21	118.21	121.87	121.87	121.87	118.87
Other Intangible Assets	11.04	6.05	2.57	3.1	3.13	2.65
Long-Term Deferred Charges	-	3.65	3.67	3.95	4.32	3.96
Other Long-Term Assets	26.58	24.1	23.25	19.84	26.81	50.63
Total Assets	747.22	740.11	701.35	700.01	630.87	633.92
Accounts Payable	79.25	58.69	51.72	58.65	55.85	69.56
Accrued Expenses	72.6	78.11	76.09	72.24	86.62	81.07
Short-Term Debt	-	-	-	36.7	-	-
Current Portion of Leases	73.55	80.65	66.86	54.49	44.38	41.6
Current Income Taxes Payable	-	-	-	0.11	-	-
Current Unearned Revenue	16.39	22.21	20.84	50.61	23.67	27.84
Other Current Liabilities	38.38	41.21	54.45	13.95	13.65	10.06
Total Current Liabilities	280.16	280.87	269.96	286.74	224.17	230.12
Long-Term Leases	234.1	238.07	230.64	199.95	181.05	175.29
Pension & Post-Retirement Benefits	-	-	-	0.17	3.14	17
Long-Term Deferred Tax Liabilities	6.17	5.61	3.52	2.91	4.9	6.68
Other Long-Term Liabilities	10.99	10.74	9.77	9.79	3.79	3.8
Total Liabilities	531.42	535.29	513.88	499.55	417.04	432.88
Common Stock	3.62	3.51	3.49	1.02	1.11	1.11
Additional Paid-In Capital	-	-	-	2.33	82.35	82.27
Retained Earnings	217.93	199.25	183.8	189.43	119.1	107.58
Treasury Stock	-13.71	-13.9	-14.99	-5.12	-	-
Comprehensive Income & Other	4.89	12.88	11.81	9.85	9.77	9.28
Total Common Equity	212.73	201.75	184.11	197.51	212.33	200.24
Minority Interest	3.07	3.08	3.36	2.95	1.49	0.8
Shareholders' Equity	215.79	204.82	187.47	200.46	213.83	201.04
Total Liabilities & Equity	747.22	740.11	701.35	700.01	630.87	633.92
Total Debt	307.64	318.72	297.5	291.14	225.42	216.89
Net Cash (Debt)	-237.18	-270.24	-206.1	-145.29	-125.32	-162.26
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.79	-3.15	-2.16	-1.32	-1.10	-1.44
Filing Date Shares Outstanding	83.66	86.47	90.76	99.66	111	110.93
Total Common Shares Outstanding	83.66	86.47	90.76	99.66	111	110.93
Working Capital	-39.4	-57.97	-43.44	-12.75	11.6	-2.16
Book Value Per Share	2.54	2.33	2.03	1.98	1.91	1.81
Tangible Book Value	83.49	77.49	59.67	72.54	87.33	78.71
Tangible Book Value Per Share	1.00	0.90	0.66	0.73	0.79	0.71
Machinery	-	9.2	10.2	16.14	15.79	31.9
Leasehold Improvements	-	6.71	10.99	26.74	28.9	24.4
Order Backlog	-	3,400	3,000	2,500	2,900	2,400