S4 Capital 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 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	240.8	168.4	145.7	223.6	301.02
Cash & Short-Term Investments	240.8	168.4	145.7	223.6	301.02
Cash Growth	42.99%	15.58%	-34.84%	-25.72%	111.91%
Accounts Receivable	374.2	395.8	375	394.3	271.75
Other Receivables	4	48.6	24.3	31.7	49.24
Receivables	378.2	444.4	399.3	426	320.98
Prepaid Expenses	-	16	13.1	16.4	14.52
Total Current Assets	619	628.8	558.1	666	636.52
Property, Plant & Equipment	37.2	51.1	67.7	85.4	58.16
Long-Term Investments	0.8	0.8	0.2	-	-
Goodwill	381	391.2	691.3	718.8	624.99
Other Intangible Assets	258.4	315.2	381.6	445.2	356.29
Long-Term Deferred Tax Assets	46.7	49	24.7	5.4	6.53
Other Long-Term Assets	4.5	9.2	13.7	12.2	3.19
Total Assets	1,348	1,445	1,737	1,933	1,686
Accounts Payable	452.9	236.7	249.1	251.6	204.99
Accrued Expenses	-	178.3	106.5	114	68.85
Current Portion of Long-Term Debt	0.1	0.2	0.2	0.7	2.52
Current Portion of Leases	12	12.8	13.2	15.3	10.55
Current Income Taxes Payable	3	3.5	3.9	6	-
Current Unearned Revenue	-	49.6	53.6	65.6	58.89
Other Current Liabilities	14.7	22.9	28.1	189.3	95.42
Total Current Liabilities	482.7	504	454.6	642.5	441.21
Long-Term Debt	324.3	307.2	320.9	326.2	308.57
Long-Term Leases	19.4	29.7	35.8	43.1	31.42
Long-Term Deferred Tax Liabilities	12.9	18.6	24.1	54.1	68.63
Other Long-Term Liabilities	2.3	8.3	10	17	34.59
Total Liabilities	841.6	867.8	845.4	1,083	884.43
Common Stock	167.5	154.9	145.9	142	138.83
Additional Paid-In Capital	205.2	164.9	80.4	5.9	446.91
Retained Earnings	183.2	209.8	508.9	478.4	-44.77
Treasury Stock	-0.7	-2.8	-1.2	-1.8	-2.5
Comprehensive Income & Other	-49.3	50.6	157.8	225.5	262.67
Total Common Equity	505.9	577.4	891.8	850	801.14
Minority Interest	0.1	0.1	0.1	0.1	0.1
Shareholders' Equity	506	577.5	891.9	850.1	801.24
Total Liabilities & Equity	1,348	1,445	1,737	1,933	1,686
Total Debt	355.8	349.9	370.1	385.3	353.06
Net Cash (Debt)	-115	-181.5	-224.4	-161.7	-52.04
Net Cash Per Share	-0.17	-0.27	-0.35	-0.27	-0.09
Filing Date Shares Outstanding	675.45	612.59	578.11	560.45	545.41
Total Common Shares Outstanding	675.45	612.59	578.11	560.45	545.41
Working Capital	136.3	124.8	103.5	23.5	195.31
Book Value Per Share	0.75	0.94	1.54	1.52	1.47
Tangible Book Value	-133.5	-129	-181.1	-314	-180.14
Tangible Book Value Per Share	-0.20	-0.21	-0.31	-0.56	-0.33
Machinery	-	40.2	39	38.2	25.46
Leasehold Improvements	-	18.3	18.4	18.2	11.58

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.