QinetiQ Group Balance Sheet

Financials in millions GBP. Fiscal year is April - March.

Millions GBP. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Equivalents	259.2	290.6	231	151.2	248.1
Cash & Short-Term Investments	259.2	290.6	231	151.2	248.1
Cash Growth	-10.80%	25.80%	52.78%	-39.06%	30.51%
Accounts Receivable	321.5	303.4	351.1	373	300.2
Other Receivables	44.6	49.7	63.9	47.3	40.2
Receivables	366.1	353.1	415	420.3	340.4
Inventory	73.7	70.7	89.2	68.8	54.9
Prepaid Expenses	29.2	36.9	47.6	36.3	34.2
Other Current Assets	3.3	4.9	6.2	5.7	0.6
Total Current Assets	731.5	756.2	789	682.3	678.2
Property, Plant & Equipment	444.6	473.3	531.8	477.8	414.5
Long-Term Investments	1.1	2.1	2.2	1.4	2.6
Goodwill	236.9	249.8	401.4	409	149.4
Other Intangible Assets	222.7	265.6	294.8	328	127.6
Long-Term Deferred Tax Assets	18.2	10.7	36.7	32.6	21
Long-Term Deferred Charges	27	29.3	28.1	16	13.2
Other Long-Term Assets	56.4	41.4	22.2	125	362.2
Total Assets	1,738	1,828	2,106	2,072	1,769
Accounts Payable	184.2	152.1	175.9	135.9	76.1
Accrued Expenses	243.1	238.4	232.2	222.4	216.1
Current Portion of Long-Term Debt	1.1	1.8	1.1	0.6	1.4
Current Portion of Leases	12.4	13.3	8.1	7.6	5.5
Current Income Taxes Payable	13.4	3.6	6.6	4.6	5.9
Current Unearned Revenue	158.3	207	212.6	216.9	182.5
Other Current Liabilities	34.1	56.2	49.3	19.7	21.1
Total Current Liabilities	646.6	672.4	685.8	607.7	508.6
Long-Term Debt	333.7	336	336.7	338.1	0.6
Long-Term Leases	76.7	80.6	47.4	23.7	16.6
Long-Term Unearned Revenue	5.6	6.4	10.2	14	15.2
Long-Term Deferred Tax Liabilities	102.2	101	94.4	112	156.7
Other Long-Term Liabilities	20.6	5.5	5.6	8.3	29.6
Total Liabilities	1,185	1,202	1,180	1,104	727.3
Common Stock	5.2	5.5	5.7	5.8	5.8
Additional Paid-In Capital	147.6	147.6	147.6	147.6	147.6
Retained Earnings	388	456.8	742.3	772	845
Comprehensive Income & Other	12.2	16.6	30.5	42.9	42.8
Total Common Equity	553	626.5	926.1	968.3	1,041
Minority Interest	-	-	-	-	0.2
Shareholders' Equity	553	626.5	926.1	968.3	1,041
Total Liabilities & Equity	1,738	1,828	2,106	2,072	1,769
Total Debt	423.9	431.7	393.3	370	24.1
Net Cash (Debt)	-164.7	-141.1	-162.3	-218.8	224
Net Cash Growth	-	-	-	-	37.93%
Net Cash Per Share	-0.30	-0.25	-0.28	-0.38	0.39
Filing Date Shares Outstanding	522.07	551.82	573.53	574.55	571.94
Total Common Shares Outstanding	522.07	551.82	573.53	574.55	571.94
Working Capital	84.9	83.8	103.2	74.6	169.6
Book Value Per Share	1.06	1.14	1.61	1.69	1.82
Tangible Book Value	93.4	111.1	229.9	231.3	764.2
Tangible Book Value Per Share	0.18	0.20	0.40	0.40	1.34
Land	199.9	169.9	375.7	365.7	350.6
Machinery	500.6	500.9	465.3	433.6	377.3
Construction In Progress	110.2	129.4	142.3	115.5	94.5
Order Backlog	4,421	2,845	2,873	3,070	2,829