Morgan Sindall 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	491.6	590.5	544.2	541.3	431.7	468.6
Cash & Short-Term Investments	491.6	590.5	544.2	541.3	431.7	468.6
Cash Growth	-16.75%	8.51%	0.54%	25.39%	-7.88%	17.00%
Accounts Receivable	740	703.5	594.1	640.3	584.6	482.8
Other Receivables	73.5	67.5	74.5	74.1	50	69.6
Receivables	813.6	771	668.6	714.4	635	553.9
Inventory	693.5	603.3	476	344.7	333.9	288.5
Prepaid Expenses	36.8	19.5	16.1	17.8	13	13.2
Other Current Assets	-	6.6	-	-	-	-
Total Current Assets	2,036	1,991	1,705	1,618	1,414	1,324
Property, Plant & Equipment	96.3	102.2	95.1	86	74.8	66.6
Long-Term Investments	146.5	132.7	111.9	106.6	84	94.1
Goodwill	-	217.7	217.7	217.7	217.7	217.7
Other Intangible Assets	218.2	0.6	0.4	0.9	3.5	4.2
Long-Term Deferred Tax Assets	4.2	4.2	-	-	-	-
Other Long-Term Assets	-	-	0.6	0.8	0.8	0.8
Total Assets	2,501	2,448	2,131	2,030	1,794	1,708
Accounts Payable	277.6	237.5	211.3	202.4	165.6	157.8
Accrued Expenses	1,083	1,067	869.1	846.7	744.7	710.2
Short-Term Debt	73.3	59.3	51.8	80.6	77.1	110.2
Current Portion of Leases	24.2	24.8	22.6	19.1	16	13.4
Current Income Taxes Payable	2.2	-	-	1.9	5.6	-
Current Unearned Revenue	90.3	121.7	117.5	99.6	80	87.4
Other Current Liabilities	103.1	108.1	127.9	110.8	102.2	47.9
Total Current Liabilities	1,654	1,618	1,400	1,361	1,191	1,127
Long-Term Debt	-	-	-	-	-	0.4
Long-Term Leases	44	48.8	44.1	44.7	40.9	39.4
Pension & Post-Retirement Benefits	-	-	-	-	0.2	0.2
Long-Term Deferred Tax Liabilities	-	-	2.1	8.7	6.8	10
Other Long-Term Liabilities	29.8	32.6	37	47.6	59.1	56.5
Total Liabilities	1,727	1,700	1,483	1,462	1,298	1,233
Common Stock	2.4	2.4	2.4	2.4	2.4	2.3
Additional Paid-In Capital	66.1	65.9	65.7	56	55.9	45.8
Retained Earnings	802.2	759.2	629.7	531.8	462.9	452.4
Comprehensive Income & Other	-97.4	-78.7	-50.6	-22.1	-25	-26.3
Total Common Equity	773.3	748.8	647.2	568.1	496.2	474.2
Shareholders' Equity	773.3	748.8	647.2	568.1	496.2	474.2
Total Liabilities & Equity	2,501	2,448	2,131	2,030	1,794	1,708
Total Debt	141.5	132.9	118.5	144.4	134	163.4
Net Cash (Debt)	350.1	457.6	425.7	396.9	297.7	305.2
Net Cash Growth	-23.49%	7.49%	7.26%	33.32%	-2.46%	8.30%
Net Cash Per Share	7.09	9.28	8.78	8.44	6.37	6.37
Filing Date Shares Outstanding	46.73	46.65	46.76	46.23	46.22	45.32
Total Common Shares Outstanding	46.73	46.65	46.76	46.23	46.22	45.32
Working Capital	381.9	372.8	304.7	257.1	222.4	197.3
Book Value Per Share	16.55	16.05	13.84	12.29	10.74	10.46
Tangible Book Value	555.1	530.5	429.1	349.5	275	252.3
Tangible Book Value Per Share	11.88	11.37	9.18	7.56	5.95	5.57
Machinery	-	75.5	65.3	59.3	53.2	49.1
Order Backlog	-	11,972	11,419	8,920	8,459	8,614