Reach 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 25, 2022	Dec '21 Dec 26, 2021
Cash & Equivalents	9.6	20.8	19.9	40.4	65.7
Cash & Short-Term Investments	9.6	20.8	19.9	40.4	65.7
Cash Growth	-53.85%	4.52%	-50.74%	-38.51%	56.43%
Accounts Receivable	79.8	54.1	57.8	55.8	63.2
Other Receivables	3.9	28	25.8	41.2	38.6
Receivables	83.7	82.1	83.6	97	101.8
Inventory	7.9	10.2	11.4	12.9	5.5
Prepaid Expenses	-	12.1	9.6	12.7	14
Other Current Assets	6.5	4.5	11	-	-
Total Current Assets	107.7	129.7	135.5	163	187
Property, Plant & Equipment	85.2	114.1	126.6	151	170
Long-Term Investments	12.8	14.1	14.5	14.6	17.4
Goodwill	-	35.9	35.9	35.9	35.9
Other Intangible Assets	679.1	843.3	840.8	832.9	824.3
Long-Term Accounts Receivable	-	-	-	10.4	-
Other Long-Term Assets	64.6	72.4	66	51.2	107.9
Total Assets	949.4	1,210	1,219	1,259	1,343
Accounts Payable	91.7	23.7	96.2	106.7	21.7
Accrued Expenses	-	53.4	-	-	50.9
Short-Term Debt	44.5	35	30	15	-
Current Portion of Leases	4.3	4.3	4.7	4.9	5.5
Current Unearned Revenue	-	4.8	-	-	-
Other Current Liabilities	14.5	37.2	26.1	33.3	88
Total Current Liabilities	155	158.4	157	159.9	166.1
Long-Term Leases	17.9	23	28.5	26.8	30.7
Pension & Post-Retirement Benefits	57.7	117.7	168.8	202.1	261.8
Long-Term Deferred Tax Liabilities	176.1	210.3	200.1	191.6	188.1
Other Long-Term Liabilities	16.5	21.5	27.7	41.1	57
Total Liabilities	423.2	530.9	582.1	621.5	703.7
Common Stock	32.2	32.2	32.2	32.2	32.2
Additional Paid-In Capital	-	-	-	605.4	605.4
Retained Earnings	472.2	627.2	587	-18	-15.4
Treasury Stock	-	-2.6	-3.8	-3.9	-5.2
Comprehensive Income & Other	21.8	21.8	21.8	21.8	21.8
Shareholders' Equity	526.2	678.6	637.2	637.5	638.8
Total Liabilities & Equity	949.4	1,210	1,219	1,259	1,343
Total Debt	66.7	62.3	63.2	46.7	36.2
Net Cash (Debt)	-57.1	-41.5	-43.3	-6.3	29.5
Net Cash Growth	-	-	-	-	7275.00%
Net Cash Per Share	-0.18	-0.13	-0.14	-0.02	0.09
Filing Date Shares Outstanding	315.64	315.83	314.7	313.47	311.37
Total Common Shares Outstanding	315.64	315.83	314.7	313.47	311.37
Working Capital	-47.3	-28.7	-21.5	3.1	20.9
Book Value Per Share	1.67	2.15	2.02	2.03	2.05
Tangible Book Value	-152.9	-200.6	-239.5	-231.3	-221.4
Tangible Book Value Per Share	-0.48	-0.64	-0.76	-0.74	-0.71
Land	-	145.3	155.6	204.6	204.6
Machinery	-	345.5	343.2	341.2	360.5
Construction In Progress	-	0.3	1.5	0.5	2.2

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