LON:PINE 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 2022	FY 2021	FY 2020
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	34.1	9.3	171.9	200.1	56
Cash & Short-Term Investments	34.1	9.3	171.9	200.1	56
Cash Growth	266.67%	-94.59%	-14.09%	257.32%	0.54%
Accounts Receivable	10.3	21.4	115.7	101.3	94.6
Other Receivables	-	-	2.4	2.1	2
Total Trade Receivables	10.3	21.4	118.1	103.4	96.6
Inventory	-	-	620.3	512.8	608.8
Other Current Assets	0.8	-	9.4	14.9	100.4
Total Current Assets	45.2	30.7	919.7	831.2	861.8
Net Property, Plant & Equipment	2.3	1.7	515.9	499.5	572.8
Other Intangible Assets	161.7	16.3	12.4	11.1	10.2
Goodwill	51.5	0.3	144.6	150.3	150.3
Long-Term Investments	-	12.8	-	-	-
Other Long-Term Assets	6.3	-	26.4	37.6	53
Total Assets	267	61.8	1,619	1,530	1,648
Accounts Payable	10.7	11	812	692.7	834.9
Short-Term Debt	-	-	102.5	162.5	-
Current Portion of Long-Term Debt	-	-	1.7	-	-
Current Portion of Leases	0.7	0.7	20	26.7	24.5
Unearned Revenue	7.5	7.6	38.2	37.2	42.9
Other Current Liabilities	0.2	0.1	-	-	67.3
Total Current Liabilities	19.1	19.4	974.4	919.1	969.6
Long-Term Debt	0.2	0.2	91	87.3	156.4
Long-Term Leases	0.6	0.7	197.9	195.4	218.7
Other Long-Term Liabilities	42.9	2.5	74.7	102.3	176.7
Total Long-Term Liabilities	43.7	3.4	363.6	385	551.8
Total Liabilities	62.8	22.8	1,338	1,304	1,521
Common Stock	115.1	87.1	69.9	69.9	69.9
Additional Paid-in Capital	95.7	72.9	56.8	56.8	56.8
Accumulated Other Comprehensive Income	66.4	6.1	18.7	18.2	17.2
Retained Earnings	-73	-127.1	135.6	80.7	-17.2
Shareholders' Equity	204.2	39	281	225.6	126.7
Total Liabilities & Equity	267	61.8	1,619	1,530	1,648
Total Debt	1.5	1.6	413.1	471.9	399.6
Net Cash (Debt)	32.6	7.7	-241.2	-271.8	-343.6
Net Cash Growth	323.38%	-	-	-	-
Net Cash Per Share	0.31	0.09	-3.34	-3.84	-4.92
Book Value	204.2	39	281	225.6	126.7
Book Value Per Share	1.95	0.45	3.89	3.19	1.81
Tangible Book Value	-9	22.4	124	64.2	-33.8
Tangible Book Value Per Share	-0.09	0.26	1.72	0.91	-0.48